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Company intends to consolidate its auto financial services in China into a Stellantis wholly owned Auto Finance Company (AFC) Following the restructuring of financial services in Europe and the United States, Stellantis today announced PSA Finance Nederland (PFN), a fully owned financing subsidiary of BPF (Banque PSA Finance), and DPCA have entered into an equity transfer agreement with Dongfeng Group, …

Klaus Zellmer appointed new CEO of ŠKODA AUTO a.s. as of 1 July 2022 As of 1 July 2022, the new Chairman of the Board of Management of ŠKODA AUTO a.s. will be Klaus Zellmer, who is currently the Volkswagen brand Board member responsible for Sales, Marketing and After Sales. Current ŠKODA AUTO CEO, Thomas Schäfer, will take over as …

Lada Niva: The legendary SUV turns 45 years On April 5 will be 45 years since the production start of the VAZ-2121 Niva SUV, which is called now the LADA NIVA Legend. Almost 2.5 million of cars, 700 thousand of which were exported to more than 100 countries, have been produced during this time. On April 5 will be 45 …

The bus team at TÜV NORD Mobility is supporting to get ready for the hydrogen age Hydrogen is already a very important factor in the strategy of public transport. The number of hydrogen-powered vehicles on city streets will increase every year, not just because of the EU’s Clean Vehicles Directive, which calls for 45% of clean buses in relation to …

GiPA announced the appointment of Almudena Benedito as CEO of GiPA group, effective as of 1st February 2022 Almudena is replacing Eric Devos who remains President of GiPA Group. She will be responsible for defining the Group’s strategy and managing GiPA’s subsidiaries and sister companies. Almudena’s main objective will be to develop GiPA’s activities globally to generate growth, promote innovation …

Exide Technologies, a leading provider of stored electrical energy solutions, and EDP go live with a state-of-the-art solar installation at Exide’s Portuguese battery production facility in Castanheira do Ribatejo. It is backed by an energy storage system using Exide’s high-performance Sonnenschein A600 gel battery technology, allowing for greater control and self-consumption of energy. Last year, Exide already introduced a solar …