Bare
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I'm not convinced that PSA has better engineering team FCA. I think it's vice versa. I would even say that success of PSA is due to their aftersales and marketing team. Their cars mechanic even on LCV is not known as sturdy. They are selling them on price. Their infotelematics system is underdeveloped. But somehow their marketing had succeeded in convincing people how advanced they are. Their platforms and mechanics doesn't look advanced and they are electrification game. For example they don't offer but engines, their small diesel 1.5 is more advanced that the bigger 2.0. they don't offer modular petrol/gasoline engine family not to mention 2.0 engine, no independent rear suspension on compact cars, no mechanical AWD on any car. They don't have a dedicated BEV platform or combined ICE/PHEV/BEV platform which mimics dedicated "skateboard" BEV platforms. For example their BEV products like new 208 have poorly integrated batteries which is also true for PHEVs like 3008 which has both compromised trunk and fuel tank capacity. And so on and on... But they are successful and above all they are profit leaders in Europe. Chapeu to their marketing team!
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(d) Headquarters and Residency. DutchCo shall have its place of effective management and tax residency in The Netherlands, with effect from the Governance Effective Time (or such other date as the Parties may agree sufficiently in advance of the Closing). DutchCo shall have operational headquarters in the greater Paris Area (France) for EMEA, in Auburn Hills (Michigan, USA) for North America, and in Turin (Italy) for premium and luxury vehicles. The parties intend that each of 2 the historical major automotive brands of the parties shall continue to be managed primarily from the country of origin of each such brand.
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Gorgio is used go Giulia is superior even to 2019 BMW products. So much about its age. Speaking about engines I can only say that we will not see PSA gasoline engines on FCA platforms.
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Compass has very small luggage capacity with just 305 liters measured by QR. What will they do to improve it for Tonale? Of course using rear multilink instead of MacPherson could be a part of solution. Just for comparison. Stelvio has 480 liters of luggage capacity measured by QR magazine.
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B-CUV?
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Francois should be fired....
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https://tofas.com.tr/en/InvestorRelations/Presentations/Documents/AnalystPresentationDecember2019.pdf 31.12.2019 Results ✓ Strong profitability with 80bps expansion in PBT margin reaching to 7.7% in 2019. Healthy cash conversion with operating cash flow at ~2.5x net income last year. ✓ Accomplished domestic light vehicle market leadership with sizable market share gains in 2019. Fiat was the only brand registering volume growth in passenger car market, thanks to sustained leading position of Egea. ✓ Tofas plant achieved the highest score in World Class Manufacturing (i.e. quality, cost, delivery, safety, environment) among 400 plants under WCM umbrella within FCA universe in Dec’19. ✓ The extension of MCV (mini cargo vehicle) contract for three years until the end of 2024. ✓ Egea/Tipo facelift investment is on track with the production of new versions expected to begin in 4Q20.
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https://seekingalpha.com/article/4322052-fiat-chrysler-automobiles-n-v-fcau-ceo-mike-manley-on-q4-2019-results-earnings-call?part=singleHmh, no.
![TESLA Hug [Trolling Mode]](https://www.autopareri.com/uploads/reactions/teslacare.png.6593869a254d560c62f48aa712e2b7bb.png)
