November Breaks Italy?s EV Sales Records As Fiat 500e Enters Market "...After a wild ride throughout the year, and in the face of a global health emergency, Italy?s electric car market grows even stronger in November. Unrae data show a consolidating picture, amidst lower overall sales. At less than 140,000 registrations, this month the market is in fact down more than 8% year over year (YoY), compared to the over 152,000 units of November 2019. Traditional car registrations keep retreating, with petrol and diesel models now making up about 31% and 29% of the market respectively, marking a very bad month for internal combustion engine (ICE) sales. With the recent government incentive scheme?s limited funds allocated to Euro 6 cars running out, sales start to dwindle. And the electric competition doesn?t help. Plugless hybrids absorb a good part of the ICE fall and now stand at 23% market share, in line with recent months. It is plug-in vehicles, however, that shine the brightest in this month of contrasts. Full electric cars race to new highs with 4,810 units, reaching 3.4% market share. That?s almost 5 times (!) the sales figures from twelve months ago..."
: FCA investiert in Polen für electric Jeeps, Fiats
Fiat Chrysler Automobiles NV on Tuesday confirmed plans to refurbish a plant in Poland for three new models for the Jeep, Fiat and Alfa Romeo brands, including hybrid and all-electric versions.
It is not yet clear if those vehicles will be sold outside Europe when they start rolling off the line in the second half of 2022, according to an FCA spokesperson. The plan aligns with the Italian American automaker's ambitions to catch up to its competition on electric vehicle options as regulators push for a greener future. The company has said it will offer electrified options across its Jeep portfolio and invest $10.5 billion into electrification by 2022.
The European Commission (EC) has given the green light, with conditions, to the merger of Peugeot with Fiat Chrysler Automobiles. The deal will give rise to the fourth largest car manufacturer in the world by units sold and a stock market value of over 40 billion euros. The new group will have a turnover of approximately 170 billion euros, generate an operating profit of 11 billion and sales of 8.7 million units.
The approval comes after the commitment on the part of both manufacturers to adjust their activity in the sector of small commercial vans. The union of the two companies meant they would control about a third of that market, more than double its immediate competitors. In this respect, the investigation opened by Brussels concluded that the merger brought with it competition problems in this segment in countries such as France, Italy or Portugal, amongst others. .... The operation will now be approved by the two firms at their respective shareholders? meetings on January 4. We remind you that the new group will be called Stellantis, which will bring together under the one umbrella brands such as Opel, Fiat, Peugeot, Citroën, DS, Jeep and Dodge.."
: Für Peugeot und Fiat ist der Zusammenschluss nur
ein Beginn,, eine Erweiterung in China steht bevor Once up and running, Stellantis will have 14 car brands under one roof, from FCA's Fiat, Jeep, Dodge, Ram and Maserati cars to PSA's Peugeot, Citroen, Opel and DS.
It will be ahead of General Motors GM.N, Hyundai Motor-Kia Motors 005380.KS, 000270.KS and Ford Motor F.N in global sales rankings but still trail Volkswagen VOWG_p.DE, the Renault-Nissan-Mitsubishi RENA.PA, 7201.T, 7211.T alliance and Toyota Motor 7203.T. Like all global automakers, Stellantis will be spending billions of dollars in the coming years to transform its vehicle range for an electric era but Tavares also has other pressing issues to tackle. Stellantis is getting pummelled in China, the world's biggest car market, by international and local rivals alike and Tavares himself has acknowledged that's not tenable.
Both PSA and FCA operate at just 8% of their capacity in the Asia-Pacific region, according to consultancy LMC. Most of that capacity is in China, a market of 21 million cars a year, and analysts said the merger is the best chance for a turnaround. "On their own, each group might not be able to afford a reboot in China," said Philippe Houchois, an analyst at Jefferies investment bank.
Tavares has been careful not to discuss details of his plans for overhauling the Fiat Chrysler side of Stellantis. But he has been blunt about the problems Peugeot has in China and has pledged that Stellantis will mount a comeback..... While Stellantis has pledged not to close any factories, its network could build as many as 7 million more vehicles than it currently sells, according to LMC.
Fiat Chrysler?s U.S. auto sales tumbled 17.4% in Covid-ravaged 2020...Sales weren?t quite as bad in the fourth quarter, falling 7.9% compared with the same time in 2019. ...There were few bright spots for Fiat Chrysler?s sales in 2020. Its niche Italian luxury brand Alfa Romeo was the only division to report an increase for the year, up 1.6%. Aside from an 8.9% increase for the Alfa Romeo Stelvio crossover and nearly doubling sales of the Jeep Gladiator pickup, every other vehicle in the automaker?s six-brand lineup was down for the year https://www.cnbc.com/2021/01/05/...percent-in-covid-ravaged-2020.html
: Archer all-electric airline cooperiert mit FCA
Archer and Fiat Chrysler Automobiles (FCA) announced today that they have entered into a definitive agreement to enable Archer to benefit from access to FCA's low-cost supply chain, advanced composite material capabilities, and engineering and design experience.
California-based Archer is creating the world's first all-electric airline that moves people throughout the world's cities in a quick, safe, sustainable and cost-effective manner. The new partnership will help accelerate Archer's timeline in becoming an industry leader with the resources and capabilities to capitalize on the new era of sustainable air mobility, a market that Morgan Stanley estimates will be $1.5 trillion by 2040.