China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler (FCA). Dongfeng has a 12.2% equity stake in the French carmaker, and would have about half of that in the combined entity formed by FCA and PSA, which announced in October a tie-up to create the world's fourth-biggest automaker. A smaller Dongfeng holding would likely help get the deal past U.S. regulators amid trade tensions between Washington and Beijing, an issue which has raised questions about the Chinese firm's next move since the PSA-FCA merger was announced. Dongfeng, a long-standing partner of PSA, had sent banks a request for proposals to explore options for the stake several weeks ago, according to the sources. The company is now aiming to present its board of directors a share sale plan in the coming days, one of them added. PSA declined to comment while … [Read more...] about China’s Dongfeng Plans Partial Sale Of PSA Stake: Report
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Alonso: “Indy 500 is het hoofddoel voor 2020”
Met de winst in de Formule 1 Grand Prix van Monaco en de 24 uur van Le Mans op zak ontbreekt alleen de zege in Indianapolis nog om de ‘triple crown’ te bemachtigen. Alonso hoopt volgend jaar weer mee te kunnen doen om de zege in de Amerikaanse raceklassieker. Er liggen kansen bij Arrow McLaren SP maar de Spanjaard heeft ook contact met Michael Andretti over een mogelijk plekje. Laatstgenoemde zal echter goedkeuring moeten krijgen van motorleverancier Honda, dat geen al te beste herinneringen bewaart aan de samenwerking met Alonso in de Formule 1.Tijdens het FIA Prizegiving-gala in Parijs ontving Alonso de trofee voor de titel in het World Endurance Championship, die hij samen met Toyota-teamgenoten Sebastien Buemi en Kazuki Nakajima veiligstelde. Daar stelde de Spanjaard “vrij overtuigd” te zijn in 2020 deel te nemen aan de Indy 500. “Uiteraard gaat alle aandacht nu uit naar Dakar, dat heeft prioriteit”, antwoordde de tweevoudig Formule 1-kampioen … [Read more...] about Alonso: “Indy 500 is het hoofddoel voor 2020”
Foto’s: De winnaars van het FIA Prizegiving-gala in Parijs
De kampioenen van de FIA-kampioenschappen werden op het podium in Parijs in het zonnetje gezet en ontvingen de bokalen voor hun prestaties. Onder hen ook Formule 1-wereldkampioen Lewis Hamilton, Formule E-kampioen Jean-Eric Vergne en WEC-kampioenen Fernando Alonso, Kazuki Nakajima en Sebastien Buemi.Ook mochten heel wat Nederlanders een prijs ophalen. Nyck de Vries kreeg de bokaal voor zijn titel in de Formule 2 en karttalenten Thomas ten Brinke en Marijn Kremers ontvingen de prijzen voor hun wereldtitels. Max Verstappen kreeg de award voor Action of the Year uitgereikt, teamgenoot Alexander Albon werd verkozen tot Rookie of the Year. Bekijk hieronder de foto's: Slider Lijst Winnaars van de singleseater-kampioenschappen 1/10 Foto door: FIA organisatie Timmy Hansen, FIA World RX-kampioen 2/10 Foto door: FIA organisatie WRC-kampioen Ott Tänak, Martin Järveoja 3/10 Foto door: FIA organisatie Niki Lauda, Personality of the Year 4/10 Foto door: FIA … [Read more...] about Foto’s: De winnaars van het FIA Prizegiving-gala in Parijs
Hyundai Sets New Distance Record With The Nexo
No hydrogen-powered production car has gone further on a single charge. Hyundai has set a new distance record for production hydrogen-powered vehicles with the Nexo. Driven by French aeronaut and president of the Solar Impulse Foundation, Bertrand Piccard, the car completed 778 kilometers (483.4 miles) across northern France on a single refuel, and still had 49 km (30.4 miles) of range left at the end of the journey.The journey began at the FaHyence hydrogen station in Sarreguemines on Monday 25 November, a place chosen because of the Grand Est Region's commitment to responsible mobility, concluding the next day at the Musée de l'Air et de l'Espace in Le Bourget near Paris. The journey produced a CO2 reduction of 111.2 kg compared to a similar gasoline-powered car over the same distance, while it purified 404.6 kL of air, the volume of air that 23 adults breathe every day. Get Up To Speed With The Nexo: ⠀ See Spanish Athlete Train While … [Read more...] about Hyundai Sets New Distance Record With The Nexo
Is F1 Billionaire Eyeing Up A Bid For Aston Martin?
Lawrence Stroll is reportedly keen on buying into the carmaker. Aston Martin could be about to change hands, with Canadian billionaire Lawrence Stroll the reported suitor according to Autocar and RaceFans. Stroll, a fashion magnate, led a consortium that purchased the embattled Force India Formula 1 team last year and is reportedly set to lead a consortium that could buy into the British carmaker too.Aston Martin is currently owned by a number of different parties – The Kuwait-based Adeem/Primewagon shareholding group owns a 36 percent stake, Morgan shareholder InvestIndustrial owns 31 percent, while Mercedes owner Daimler owns a four percent share. The remaining 29 percent is publicly owned and it is currently unknown which share Stoll's consortium will buy, but it is understood to be a 'major' share. Get Up To Speed With Aston Martin: Aston Martin Opens New Factory To Build DBX SUV ⠀ Hear The Aston Martin Valkyrie Play Its Sweet V12 Tune … [Read more...] about Is F1 Billionaire Eyeing Up A Bid For Aston Martin?
