Hints and tips:
...The spat comes ahead of a crucial EU parliamentary election in June as the impact of the bloc’s 2050 net zero targets on jobs and industries takes centre stage across the continent....
...With EU elections in June, populist and right-wing politicians hope to secure voters’ support by vowing to defend jobs and prioritising Italian interests....
...One German car industry insider hangs his hope on Chinese comments made in a meeting between a group of Germany’s most senior business leaders and China’s premier Li Qiang in June....
...Stellantis’s break-even point of 40 per cent meant it could face a 60 per cent drop in sales and still be profitable, Tavares added....
...“We can expect that at one point in time this will have an impact on the market,” chief executive Carlos Tavares warned....
...Although Mr Tavares said in June that Britain’s relationship with Europe must be secured after Brexit, his latest remarks show growing concerns that no-deal or even a negotiated settlement will hit profits...
...In Germany, the number of daily visitors to Mercedes’ sales websites increased by 70 per cent between April and June 2020, she added....
...The gloves are off in the Marlborough Gallery feud as both Max Levai, whose role as gallery president was terminated in June, and Marlborough Gallery Inc have filed suits in New York....
...The merger talks come months after an aborted attempt by FCA to merge with PSA’s French rival Renault, with FCA blaming the French government for its decision to walk away last June....
...The deal fell apart in June after the French government, Renault’s largest shareholder with just over 15 per cent, held back its support — ostensibly since Renault’s alliance partner Nissan was not fully...
...We also have a feature on Mr Tavares, a Portuguese rally car enthusiast....
...The decision follows spending pledges by Nissan, Toyota and BMW, all made since the Brexit vote in June 2016....
...In the past, promising executives operating under him often left before being given the chance to lead, such as PSA’s Carlos Tavares....
...In his last coup in June, he announced that Fiat Chrysler was debt free. “He is a rock star. But the problem is that when a rock star leaves the stage the lights go out....
...In June that year federal police swooped in an operation they called Erga Omnes — a Latin term signifying that the law applies equally to everyone....
...After all, in Ellesmere Port and Luton, the vote to leave the EU at the June 23 referendum was 50.7 per cent and 56.5 respectively....
...Mr Tavares estimated that every 1 per cent move in sterling against the euro costs PSA Group €30m annually....
...His comments follows a warning by Carlos Tavares, the chief executive of PSA Peugeot Citroën....
...PSA reported a net profit of €571m in the six months to June 30, compared with a loss of €114m in the same period last year....
...Data for June showed that car sales in the EU have been rising at their fastest rate since 2009....
...But Carlos Tavares, chief executive, said discussions with former Iranian partner Iran Khodro were being hindered by a backlash locally over France’s tough line during the nuclear talks....
...Carlsberg announced this week that Cees ’t Hart, chief executive of Dutch dairy multinational FrieslandCampina, would take over from Mr Rasmussen in June....
...Brazil: By Joe Leahy in São Paulo Four years ago, Lucimara Tavares’ ex-husband ran off, leaving a R$12,000 loan in her name....
...Aspiring successors — including Andy Palmer and Carlos Tavares — have turned elsewhere for top roles in the car industry....
....” ——————————————- Venice Biennale, June 1-November 24, www.labiennale.org...
International Edition