Arnaud RACAPE

Is this really a NEW kind of Dealership ? We have seen Manufacturer owned showrooms in high cost retail areas: #Piccadilly #Champs Ellysee to name but two for well over 50 years….. Many Brands, especially new entrants take space in retail shopping destinations to present the Brand Products without the traditional offering of Used Vehicles & After Sales found in ‘traditional’ Dealerships…. So - is this really a NEW kind of Dealership ? ------------------------------------------------------------------------- • Helping you achieve your dealership exit strategy goals. • Using my vast experience and extensive industry network to get the best price for your business, quickly, efficiently and confidentially. • Let’s talk today about maximising your property portfolio and realising your dreams. We can make it happen. DM me and let’s begin the journey together. #automotivedealerships #cardealerships #motorcycledealerships #roadsideproperty #alternativeuse

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Michelin , the French tyre giant, has lowered its 2024 financial forecast due to a challenging market environment. Despite a 3.4 percent decline in sales at constant exchange rates for the first nine months, the company remains committed to focusing on high-value segments. #michelingroup #2024financialforecast #marketchallenges #salesdecline #oemarkets #highvaluesegments #tires #passengercarandlighttrucktyres #trucktyres #specialtytyres #economicvolatility #geopoliticaluncertainty #environmentalfactors https://lnkd.in/dGuf4FUP

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Stellantis chief executive Carlos Tavares resigns as carmaker struggles. Click here to view full article: https://lnkd.in/eabj7rR9 Let us know your thoughts in the comments below. #TempletonMarsh #Automotive #MergersAndAcquisitions #Mergers #Acquisitions #BuyandSell #AutomotiveNews #Dealerships #AutoDealer #Growth #BuySell #Auto #Opportunities #Confidential #Dealer #Stellantis

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AUTOMOTIVE INDUSTRY: FRENCH OEM RENAULT HAS RELEASED Q1 2024 RESULTS: GROWTH IN UNIT SALES & SALES REVENUE. Q1 2024 Vehicle Sales: 549k vehicles or +2.6% vs Q1 2023 Q1 2024 Sales Revenue: EUR 11.707B or +5.9% vs Q1 2023 Q1 2024 Net Profit: Not released Below is Renault Group's Q1 2024 results presentation with more analysis by brand and updates on their product & electrification strategy. #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #autosales #carsales #newcarsales #vehiclesales #vehicleregistrations #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #q12024 #q12024results #outlook #2024outlook #renault #renaultnissan

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Michelin has lowered its 2024 financial forecast due to a challenging market environment. Despite a decline in #sales, the company remains committed to its strategy of focusing on high-value segments. The downturn was primarily attributed to a decline in original equipment (OE) markets. #michelingroup #2024financialforecast #marketchallenges #salesdecline #oemarkets #highvaluesegments #tires #passengercarandlighttrucktyres #trucktyres #specialtytyres #economicvolatility #geopoliticaluncertainty #environmentalfactors

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#IWork4Stellantis #Stellantis reports lower Q3 2024 Net revenues amid transitional period of product upgrades and inventory reduction actions. The Company reiterates its 2024 financial guidance, which was updated on September 30, 2024. Net revenues declined 27% year-over-year, primarily due to lower shipments and unfavorable mix, as well as pricing and foreign exchange impacts. Consolidated shipments for the three months ending September 30, 2024, were 1,148 thousand units, representing a 20% decline year-over-year.

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🚨🚨 BREAKING: Stellantis CEO Carlos Tavares resigns effective immediately; interim leadership appointed. ⬇ 🚗 Stellantis, the parent company of brands like Jeep, Fiat, and Peugeot, announced the immediate resignation of CEO Carlos Tavares. 🛠️ The Board of Directors, chaired by John Elkann, has established an Interim Executive Committee to manage operations until a new CEO is appointed in the first half of 2025. 📉 Despite this leadership change, Stellantis confirms its full-year 2024 financial guidance remains unchanged. 💬 Carlos Tavares ultimately didn’t make it to his planned retirement in January 2026. After years of stellar results, his strategy, heavily focused on financial performance and margins, eventually backfired, weakening the group’s foundations. Following a series of disappointing results, mounting vehicle inventory in the U.S., and growing criticism both in factories and dealerships, Tavares is said to have lost the support of his teams. It now raises questions about Stellantis’ incoming strategic direction: who will be appointed in S1 2025? What strategy for Stellantis? #Stellantis #CarlosTavares #AutomotiveIndustry #LeadershipChange #JohnElkann

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Tough times for Stellantis: Brand cuts ahead? 🚗🔍 Stellantis faces a challenging first half. Operating margins are down. 📉 ― Electric vehicle sales decline in Europe and the U.S. ― Sales volumes drop, and North American inventories rise. ― Net profit fell by 48%. Not a pretty picture! Three brands in danger? Carlos Tavares hints at brand cuts. Which will go? 🛠️ ― Maserati? ― DS? ― Lancia? Uncertain. A broad lineup isn’t always an advantage. Rationalization ahead? 🤔 ― The future is uncertain for Stellantis. How will they turn this around? ― What changes will we see in the automotive landscape? Interested to know more? Here our longer article: French: https://lnkd.in/enwauuZm Dutch: https://lnkd.in/e_mHVZUq Stay tuned for more updates! #AutomotiveIndustry #Stellantis #BusinessStrategy #CarBrands #MarketTrends

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#VW, #Renault pull plug on #electric Twingo Renault CEO Luca de Meo calls the decision "a lost opportunity." #France's #Renault and its #German peer, Volkswagen Group, have ended their talks to jointly develop an affordable #fullelectric version of the Twingo, Renault CEO Luca de Meo told Reuters on Wednesday, 22 Mai 2024. "I wanted to show that #European industry could work together as a #team, so I think this is a lost opportunity, but there may be others," De Meo said on the sidelines of the Vivatech summit in #Paris, confirming an earlier Reuters report. Volkswagen declined to comment. A #partnership between Volkswagen and Renault would have brought together household names from the euro zone's top two economies and formed a counterweight to Asian rivals muscling into the European market. The collapse of #negotiations could mean the German #carmaker may have to go it alone in developing its own affordable electric vehicle. Renault will continue designing its electric Twingo, scheduled to hit the market in 2026. Reporting for Reuters by Gilles Guillaume; Addition reporting by Christina Amann; Writing by Augustin Turpin; Editing by Tassilo Hummel and Mark Potter

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#FreedomofMobilityForum, a #Stellantis initiative: As we move towards achieving more sustainability, should we be limiting #mobility or sharing it? This is one of the big questions we put to Matthieu Guesné CEO of Lhyfe a European producer and supplier of green and renewable hydrogen. But he sees it a little differently. While he believes we can probably have fewer cars and take more public transport, he also believes that we will see an inevitable growth in the need for cars globally as the population soars to 11 billion. Green mobility is crucial for our #economy and #society, and the move towards a future with convenient, eco-friendly #transportation is needed now. Discover the full interview 👉 https://lnkd.in/ggwKidYy

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**A STLA Career: What Legacy Will Carlos Tavares Leave?** Carlos Tavares, renowned for his transformative leadership and strategic prowess, commenced his journey as CEO of PSA (Peugeot-Citroën) in 2014. Fast forward a few years, and Tavares is steering Stellantis, the world’s fourth-largest automaker—a colossal company born from the merger of PSA Group and Fiat Chrysler Automobiles, encompassing 14 unique and storied automotive brands. As Tavares plans to step down in 2026, his career is celebrated as much for innovation as it is for ambitious mergers. His legacy appears multifaceted, characterized by bold consolidation, commitment to innovation, and an acute focus on sustainable practices. Under Tavares's leadership, these 14 disparate brands have been woven together into a single, coherent organization, each maintaining its identity while benefiting from the economies of scale and technological advancements brought by joining forces. This integration is not just an organizational success but a testament to Tavares's vision of a collaborative automotive future. Tavares championed a transition towards a visionary green future, accelerating the shift to electric vehicles across Stellantis's brands, consequently leveraging the company’s vast footprint to make strides towards reducing carbon emissions globally. His strategic timeline set ambitious milestones, including plans to achieve carbon net zero by 2038. One might argue Tavares's greatest achievement lies in his uncanny ability to navigate the complex landscape of automotive mergers and acquisitions. Successfully merging PSA with Fiat Chrysler to form Stellantis seemed daunting, yet Tavares not only managed but excelled. His focus on cost management and synergies has produced thriving operational efficiencies and set new benchmarks in the industry. As we approach 2026 and beyond, the question looms: What legacy does Tavares leave behind? While his influence on automotive business strategy and environmental sustainability is profound, it’s his foresight and relentless drive that have truly reshaped the automotive industry. In a world increasingly driven by digital transformation and eco-consciousness, Tavares’s legacy is likely to endure in the form of a diversified, resilient, and forward-thinking Stellantis. #CarlosTavares #Stellantis #Leadership #AutomotiveIndustry #Innovation #Sustainability #EV #MergersAndAcquisitions #FutureOfMobility [Read more on Autocar](https://lnkd.in/eJBz3JR7)

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#FreedomofMobilityForum, a #Stellantis initiative: Explore the vision of Matthieu Guesné, CEO of Lhyfe, a leading European producer and supplier of green and renewable #hydrogen, through an in-depth conversation. He emphasizes, “#CleanEnergy isn't just about its production; sustainable usage is equally crucial.” Read the full interview 👉 https://lnkd.in/ggwKidYy #CleanTech #mobility #transportation

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Renault Trucks ended 2023 with a total of 69,859 units delivered, up 18%. A solid commercial performance that allows us to continue the transformation of our company and our transition towards sustainable transport," details Bruno Blin, President of Renault Trucks.   In Europe (EU27), in the over 16-tonne segment, Renault Trucks saw its global deliveries increase by 3.4% in 2023, in what was a very dynamic and growing market. Renault Trucks remains the leader in its domestic market, with a 27.9% share of the French market in the over 16-tonne segment. Despite a complex geopolitical climate, Renault Trucks’ international sales continue to grow, increasing by 8.7% compared with 2022, representing 7,383 vehicles. In 2023, Renault Trucks asserts itself as a leader in decarbonised mobility, with a 22.4% market share of electric vehicles in the over 16 tonnes segment in Europe; with deliveries up 153% with 1,636 electric vehicles across all ranges.   Renault Trucks delivered 624 vehicles in the electric medium and heavy-duty segment in 2023 (+65%) and 1012 in the electric light commercial vehicle (+278%). Renault Trucks also maintained its level of used vehicle deliveries in 2023, closing the year with 6,000 units delivered. The manufacturer, confident that used trucks will remain attractive to customers, also introduced its third special used series in 2023, the Renault Trucks T Red. Renault Trucks is laying the foundations for its future through strategic investment designed to strengthen the long-term viability of its sites and build a solid, sustainable future based on innovation. #renaulttrucks #trucks #2023 #2023results #successfulyear #electrictrucks #mobility #electromobility #results #middleeast

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