Volkswagen faces strikes in Germany over cuts that threaten three plants and thousands of jobs. Between high costs and Chinese competition, the future of the auto giant and the entire German industry hangs in the balance
Donald Trump's announcement on import duties from Mexico, Canada and China shakes the automotive sector. Stellantis, Volkswagen and Toyota suffer losses on the stock market, while fears of a global trade war grow
The Italian automotive sector is going through a crisis, with declining production and insufficient technological transition. In a report, the Mef outlines five priorities to relaunch the sector. Here are what they are
In the event of an electronic failure or power failure, Tesla doors can remain locked. Here's how to manually open the front and rear doors in emergency situations
Stellantis halts production at Mirafiori until January due to low demand for electric vehicles and supply problems. The news weighs on the stock market: the stock falls by 3,5%
Nissan launches restructuring plan to respond to automotive crisis: 9 layoffs, 20% reduction in production capacity and 10% sale of Mitsubishi. Profits down 90%. Guidance revised downwards
BMW posts 83,8% drop in net profit in Q2024 XNUMX, hit by weak demand in China and costly recalls of defective parts. German automaker confirms guidance, but stock tumbles
The European car market continues to suffer in September 2024 with a 4,2% decline. Hybrid car sales exceed petrol ones for the first time, electric cars recover slightly. Stellantis sinks. Acea calls for urgent measures
EU confirms ban on sale of internal combustion cars from 2035, aiming for climate neutrality by 2050. Italy pushes for a revision of the plan by 2025 to ensure competitiveness and economic security. In the middle is the…
Stellantis CEO to be heard in the Chamber on Friday: the company's industrial strategy under discussion. Majority and opposition motions. The Government exercises its golden power on Comau. Third-quarter results and sales decline: "Difficult period"
In the third quarter of 2024, Mercedes-Benz recorded a decline in total sales, but the electric segment is the main cause for concern. Vans are also down. The economic crisis in China is weighing heavily
The automotive industry is in crisis, with rising prices making buying a car a luxury. In 2023, the average expenditure in Italy reached almost 29 thousand euros, a 38% increase from 2019. The causes include the…
Chinese competition weighs on Toyota, which reports an 11,2% drop in global production in August 2024, with sales down 3,1%. Renault sells 5% of its stake to Nissan to reduce debt
On October 18, 2024, the Italian automotive sector will stop for an eight-hour general strike. The demonstration in Rome, called by Fim, Fiom and Uilm, will involve workers from Stellantis and component companies. At the center of the…
The U.S. Commerce Department is poised to ban the use of Chinese software and hardware in smart cars, a new move to reduce risks associated with Chinese technology. Here's what could happen
Alfredo Altavilla, a long-time collaborator of Sergio Marchionne at FCA, has been appointed Special Advisor for Europe by the Chinese electric vehicle giant BYD. With his vast experience, Altavilla will lead the company's European expansion in a highly competitive market
Ford announces a recall of 85.000 Explorer SUVs due to engine fire risk. Only a few days ago he announced a huge recall for over 700 thousand vehicles due to the persistent Takata airbag scandal
The first half of 2024 proves difficult for automotive giants Volkswagen and Toyota. Both groups reported declines in profits and sales, despite efforts to contain costs.
The new Fiat Grande Panda has been officially revealed. A model that marks a return to its origins, with a design that pays homage to the historic Panda of the 80s, but with much bigger ambitions: to become a global car. For sale in two engines…
Today Fiat celebrates a historic milestone: 125 years since its foundation. A journey lasting a century and a quarter, full of innovation, successes and challenges that have made this company a symbol of the Italian and global automotive industry. Here she is…
Stellantis is turning towards hybrid with 30 new models by 2026, focusing on accessible electrification in step with market needs. Meanwhile, the unions are raising the alarm for the group's Italian production falling by 25%, collapse of Mirafiori...
Stellantis reiterates 2024 financial objectives and capital return plan: dividends of 7,7 billion euros, share buybacks, double-digit AOI margin and positive free cash flow. Today is the first Investor Day in the USA with a focus on strategy…
Brussels raises duties on imports of Chinese electric cars to counter alleged unfair practices. Beijing promises reprisals. Tension between the EU and China, Germany and Hungary are against the duties, while the other EU countries are in favor
The new Lancia Ypsilon represents the symbol of the rebirth of one of the most historic Italian automotive brands. With the clear aim of relaunching Lancia in Italy and Europe, Stellantis presented the new Ypsilon in three versions: hybrid,…
Volkswagen has announced the ID1 project, its first entry-level electric car for less than 20.000 euros. Expected arrival in 2027. The goal is to compete with the Chinese in the mass electric car market
The New Fiat 600 Hybrid falls into the B segment, which has always been a strong point of the Turin company. Designed specifically for the Italian market, its range includes two main versions, "base" and "La Prima", offering different customization options…
The group, controlled by VAM Investments and owned by the Pinzano family, is well positioned to lead the process of consolidation of the market, which is still not fully mature and fragmented in our country, and to continue to expand its presence at…
The alliance between the two companies has been finalized. Leapmotor International will have exclusivity to export, sell and manufacture Leapmotor vehicles outside of China. It starts in nine European countries with two models. Two hundred first sales points.…
The Italian car market returns to growth in April (+7,5%) after the decline in March. Petrol and hybrids are doing well, while electrics are suffering from the delay in incentives. Positive sign also for property transfers (+20,67%). Unrae reviews at…
The heir to the Ferrari 812 Superfast presented. The Ferrari 12Cilindri is a return to the past with a V12 engine like the first one released from Maranello in 1947. From 0 to 100 km/h in 2,9 and speeds over 340 km per hour.…
Negative first quarter for the German giant. Net profit was 3,7 billion euros, operating profits fell by 20,2%. The increase in fixed costs and the decline in sales, -2%, weigh on profitability. Launch of more…
The Smart #5 Concept is the brand's first electric SUV, with bold design, hi-tech interiors and a range of more than 550 km. Presented at the Beijing Motor Show, it is the third model with 50% ownership by the Chinese Geely group
Overall revenues rose to 11.707 million euros, +1,8%. In the first quarter, almost 550 thousand vehicles were sold. "Historic" year for the company led by Luca De Meo with the arrival on the market of 10 models between the Renault, Dacia brands...
2 thousand euro cut on the prices of its models in China, the USA and Europe. The objective is clear: to relaunch sales after a first quarter of 2024 marked by a decline of 8,5% and a title down 40%. Count…
With the incentives arriving in May, discounts of up to 10 thousand for Plug-in Hybrid cars with emissions between 21 and 60 g/km of CO2 (category M1). Here is a list of the most attractive and interesting models on the Italian market
Investment of 112 million euros to expand eco-sustainable production in the Pontedera plant, with the E-Mobility program which aims to develop electric motors, components and systems for zero-emission vehicles, and digital solutions for safety and…
After months of waiting, Alfa Romeo's new compact SUV is finally a reality. The "Milano" presents itself as a car with an attractive and modern design, with cutting-edge technology and true Alfa Romeo performance. Available in both hybrid and…
The new 2024 incentives are finally available in May. Discounts up to a maximum of 13.750 euros for electric, hybrid and petrol/diesel vehicles. The Italian car fleet, which has an average age of 12 years, needs to be renewed. Here are the…
Renault's new proposal is designed to revolutionize the European electric car market. Produced entirely in France, it combines the iconic style of the historic R5 with modern technology at a competitive price. Here are all the details
The vehicles will be used by Ayvens and its affiliates for the long-term leasing fleet in Europe over the next three years. The first deliveries will begin in the first half of 2024. Ayvens, born from the merger between ALD Automotive…
An American law against the forced labor of Uighurs, a long-persecuted religious minority in Xinjiang, has been violated. The components of the cars will be changed but this will lead to delays in deliveries
Germany creates public investment fund to overcome imports. The strategy established by the EU is going slowly. Direct agreements with China are not ruled out
13,6 million electric cars sold in 2023 (+34% compared to 2022) but below the estimates at the beginning of the year. The electric car market is struggling to take off due to various factors. Italy brings up the rear in Europe. But also in the United States…
The new incentives make the purchase of an electric car more affordable for Italians. The new program aims to stimulate sales and renew the car fleet. There are many opportunities available. Here are some models that will benefit from greater discounts…
Strategic investment for Stellantis Ventures, the Group's venture capital fund. Sodium ion batteries offer a lower cost per kilowatt hour and are free of lithium and cobalt. The response on Piazza Affari was positive
There are many new features arriving: from the relaunch of the Lancia Ypsilon to the new Panda, to the first Alfa Romeo B-SUV. And then the new Mini Cooper, the return of the Renault 5 and the new Dacia Duster and Toyota Land Cruiser.…
The profit warning launched by Mobileye shook the entire sector, including STM. And he also highlighted the difficulties in the self-driving car sector
Elon Musk's autopilot system is not considered safe. Over 2 million vehicles sold in the US since 2015 recalled. Tesla will provide a software update but this will not help "prevent misuse by…
Electric car registrations are still few in Italy. But now the new models are arriving at economical prices: Renault and Citroen ready, waiting for the electric Panda
A center for testing batteries for electric vehicles has been inaugurated in the industrial complex of Turin. At full capacity, 100 highly specialized technicians will be working there. Another center is planned to be created in Canada
Electrical equipment and the automotive sector drive the export of mechatronics. The analysis of the joint territorial Observatory Assolombarda, Fim Cisl, Fiom Cgil and Uilm Uil
New joint venture between the two companies after Mobile Drive. SiliconAuto, starting in 2026 will produce chips tailored to the vehicle platforms of the latest generation of automotive industry. The headquarters will be in the Netherlands
The automotive group would like to offer exit incentives to around 33 workers. The goal is to reduce costs to boost investment in electrification. UAW union protests 'it's a shame'
Richard Palmer leaves Stellantis after twenty years with the company. Natalie Knight will assume the role of Executive Vice President and Chief Financial Officer
Meeting between the president of the Turin Industrial Union Marsiaj and the minister of companies and Made in Italy on strategic issues for the industrial future of Turin
The president of the European manufacturers points out the loss of competitiveness of the sector, threatened by the aid granted by the USA and China to the national manufacturers. The request to the EU for a new regulation. For 2023 sales up 5%
The investment will increase the factory's production capacity by more than 1 million pieces for a total of 8,5 million tires when fully operational by 2025. On the occasion of the factory's XNUMXth anniversary, Diego Sinhue Rodriguez Vallejo, state governor…
This morning the European Commission gave the green light, based on EU rules on state aid, to the disbursement of 292,5 million for the construction of a new plant for the production of silicon carbide substrates in Catania,…
The 23th Ecorally took place in San Marino on 24 and 2022 April 14, the first stage valid for the Green Challenge Cup 2022, the AciSport Trophy organized as part of car races reserved for alternative energies
The electric car is in the European programs but Italy must define a medium-long term strategy. Fears for the repercussions on employment and turnover.
After seven months of waiting, Cnh appoints the new CEO who will take office on January 4, 2021 - Cnh stock runs on the stock market - Wine was CEO and President of Polaris for years, is responsible for…
According to Prometeia estimates, Italian GDP will drop by 2020% in 9,6 to return to pre-crisis levels only in 2023 - Italy will use only 70% of the resources of the Recovery Fund, earning an additional growth of 1,7 % to 2023 -…
Is it better to buy or rent an electric car? Renting brings with it many advantages and if we add the potential of electric to this, a new world opens up characterized by less economic commitment and fewer tasks
With the lockdown, the automotive market has completely disappeared - The sector associations believe that a relaunch of the sector can stimulate the entire economic system and propose support actions
European lists look optimistically at the gradual reopening of activities - Automotive in strong recovery throughout Europe, the Exor galaxy shines - Leonardo and Buzzi are making progress - Spreads decreasing, oil recovering
Intesa Sanpaolo and Prometeia presented the Report on Industrial Sectors, which shows that Italian manufacturing companies did not see their turnover grow in 2019, but are "more resilient and less indebted" - This is how much the…
The Minister of Economic Development has opened discussions between companies and trade unions to address the future of the car, affected by the crisis of the transition to electric - Fim-Cisl proposals
According to the Report on the industrial sectors presented by Intesa Sanpaolo and Prometeia, the automotive sector will be one of the drivers of the global recovery between now and 2023 - But in terms of electricity, Italy is the rear in the EU: here are the data.
In the final balance of the first eleven months of 2018, the turnover of Italian manufacturing increased by 3.2%, but growth has slowed since the summer and the prospects for 2019 remain uncertain: the analysis of the industrial sectors of Prometeia and Intesa Sanpaolo.
MF/Milano Finanza awards Active Auto, the Cattolica insurance solution that guarantees greater safety behind the wheel, as the most innovative product of 2018 in the "automotive" section.
The project is by the Turin-based engineering company Soft-in, which has been active in the field of industrial automation for 30 years and above all in technologies applied to infotainment and autonomous driving - Applications are open until Friday 16 November.
INTERVIEW WITH SILVIO PIETRO ANGORI, CEO of PININFARINA - Today Pininfarina no longer makes cars, even if its brand remains linked to the automotive industry, but has become a service company that has achieved a spectacular revolution in 10 years that…
The "combined entity" resulting from the business combination between Co.Stamp Tools and Modelleria Brambilla presented the strategic plan to the financial community - The Ad Corti: "We will strengthen our collaboration with the big names in the automotive sector".
Innovation and independence also from the governments of Rome and Paris, which are shareholders in the high tech joint, were the basis of the success of Stm - Bozotti, top manager with all the trimmings, was able to say no even at the time Minister of Economy…
According to the latest report by Capgemini, almost half of companies in the auto sector have invested over 250 million dollars in smart factories, more than any other sector, with the aim of dramatically raising productivity: 160 billion…
In recent years, the role of list representative has turned into a real vote exchange and has generated, in some areas such as the automotive sector of Melfi, absenteeism peaks of 70% in the days following Sunday...
The great challenges of the future - electric and self-driving cars, digitization of networks and meters, renewable energies - push companies to hire young graduates, experts in scientific, engineering and management subjects. Here are the open positions…
According to the Focus On edited by Case (Sace group) among the sectors most damaged by protectionism are the automotive, metallurgy and instrumental mechanics, segments that account for almost 40% of the total exported from Italy.
Interview with Alberto Bombassei, founder and president of Brembo, deputy, leading figure in the Italian automotive industry. He has no doubts about the electric car: it will be done. But he warns of repercussions if we do not proceed gradually towards the goals in…
The appointment of the Piedmontese manager is part of the recovery plan announced in September. Ferrero is in charge of developing the manufacturers' market globally and entering the commercial vehicle market with force. The stock, listed on the segment…
Europe almost at a standstill - Arm leaps in London after the acquisition by Softbank; the whole sector benefits from it - Bene Unicredit, the most exposed in Türkiye. Stock exchange collapses in Istanbul but the lira rises - Stable oil -…
The group aims at a leading role and presented the innovations for companies and the Public Administration in the context of the Internet of things, a highly innovative and rapidly expanding sector. Talk to Manlio Costantini, director of the Enterprise division of…
FOCUS BNL - For the third consecutive year in 2015 R&D investments in Italy grew, resulting in 11,7 percentage points higher than in 2007 and R&D expenditure on GDP is 1,3%, i.e. only…
