Stellantis: Carlos Tavares to receive €12 Million severance package
Since the announcement on December 1, 2024, by Stellantis regarding the departure of its CEO Carlos Tavares, one question has remained: the amount of the "check" the former head of Stellantis would receive. It is now official. The Franco-Italian-American multinational automotive group will pay €12,000,000 to Carlos…
Tesla Cybertruck: the new electric vehicles for the Las Vegas Police
Not a day goes by without news about the Tesla Cybertruck. The law enforcement of the city of Las Vegas, specifically the Las Vegas Metropolitan Police Department (LVMPD), will receive ten 100% electric pick-ups. These vehicles, dear to a certain Elon Musk, will also be used by the SWAT (Special Weapons and Tactics)…
Electric Cars: $5.1 billion loss for Ford in 2024
As expected, following the financial results presented by Ford Motor Company (FMC) for the first nine months of 2024, the losses related to the Ford Model e branch in 2024 are, in the end, colossal. For the fiscal year 2024, FMC reports a loss of $5.1 billion solely for Ford Model e, its department dedicated…
Electric cars: “40% more expensive by 2030,” says Luca de Meo
As he steps down from the alternating presidency of the ACEA (European Automobile Manufacturers' Association), Luca de Meo (CEO Renault Group - CEO Ampere) foresees a very dark future for the European automotive market related to electric cars. In an interview with the Dutch media De Tijd, Luca de Meo explains why the…