November 21, 2024
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April 2020

Renault cancels 2019 dividend, reduces compensation for CEO and chairman by 25 percent

In the current context linked to the coronavirus pandemic around the world, Renault’s Board […]

Petre Barac Posted On April 10, 2020

Ferrari raises one million Euro for Italy’s healthcare system in COVID-19 fight

Ferrari has launched a fundraiser to support the health system of the province of […]

Petre Barac Posted On April 10, 2020

Dacia will gradually restart Mioveni production on April 21: activity will return to normal parameters from May 4

Dacia announced that the production at Mioveni plant will be resumed gradually from April […]

Petre Barac Posted On April 9, 2020

French group PSA creates solidarity fund for employees affected by COVID-19 crisis

French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity […]

Petre Barac Posted On April 8, 2020

ACEA says electric trucks reached only 0.2 percent market share in 2019

In 2019, 97.9 percent of all new medium and heavy trucks (over 3.5 tonnes) […]

Petre Barac Posted On April 8, 2020

BMW Group says Q1 sales result overshadowed by retail outlets closure

BMW Group says the sales result for the first quarter was overshadowed by the […]

Petre Barac Posted On April 7, 2020

European auto makers say ‘no-deal scenario’ with UK would ‘severely damage the industry’

The scale and ambition of the trade agreement that replaces the United Kingdom’s membership […]

Petre Barac Posted On April 7, 2020

Groupe PSA signs an additional 3 billion Euro syndicated loan

In the current COVID-19 context, Groupe PSA signs a new syndicated loan amounting to […]

Petre Barac Posted On April 6, 2020

Michelin executives agree to pay cuts in COVID-19 fight

French tyre company Michelin said on Monday that its leading executives had agreed to […]

Petre Barac Posted On April 6, 2020

Schaeffler donates one million Euro to Red Cross for the fight against COVID-19

Schaeffler AG and the Schaeffler family are jointly donating one million Euro to the […]

Petre Barac Posted On April 6, 2020