2022 was the year of the company’s financial turnaround Operating profit increased by 550 million euros to 179 million euros before one-time restructuring cost provision of 293 million euros; profit after tax increased 324 million euros...
Stellantis and Crédit Agricole Consumer Finance today announce that they have signed a binding agreement for the acquisition of ALD and LeasePlan’s activities in Portugal and Luxembourg, respectively, following ALD’s proposed acquisition of 100% of LeasePlan...
• Ducati posts the numbers of its record 2022: more than 1 billion euros revenue, record operating profit of 109 million euros and record sales performance of 61,562 motorcycles delivered • Profitability also grows, reaching a...
Sports car manufacturer successfully concludes year of IPO „In difficult conditions, we achieved the strongest result in the history of Porsche, by some distance.” CEO Oliver Blume and CFO Lutz Meschke are satisfied with the results...
The BMW Group met its targets for 2022, as forecasted, and thus delivered a strong operating performance in a difficult business environment. The premium manufacturer significantly increased Group EBT (€ 23,509 million/ +46.4%) and net profit...
CAKE, the Swedish maker of premium, lightweight, electric motorcycles enters a financial partnership agreement with FCA Bank. The bank with almost a hundred years of experience in car financing, leasing and mobility, will offer financial solutions...
Stellantis N.V. and Banco Santander (Brasil) S.A. have agreed to reorganize their automotive financing partnership in Brazil. The contract signed with Banco Santander Brasil S.A. includes: The completion of the transactions will be subject to the fulfillment...
Liberty Media Corporation (“Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it has priced and agreed to sell to initial purchasers in an upsized private offering $425 million aggregate principal amount of...
Transport is key to development. Many developing countries often lack resources for the efficient planning and implementation of vital transport projects. The EIB offers technical assistance programmes to support and strengthen the capacity of authorities and...
Following restructuring program and portfolio renewal, positive result in Latin America expected this year Further growth potential from new compact car family in entry-level segment – Polo Track based on MQB to be first model in...
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