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Mobility

Yokohama Finalizes Acquisition of Goodyear's Off-the-Road Tire Business, Boosting Growth Strategy

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – Yokohama Rubber Co., Ltd. (Yokohama) today announced the successful completion of its acquisition of Goodyear Tire & Rubber Company's off-the-road (OTR) tire business. This strategic move is poised to significantly bolster Yokohama's presence in the specialized tire market and drive the company's ambitious growth plans.

A Strategic Acquisition for Growth

The agreement for this acquisition was initially announced on July 22, 2024, and after a period of due diligence and necessary approvals, the transition is now complete. Yokohama will incorporate the acquired OTR business into its consolidated financial results starting from the first quarter of 2025. The company is currently evaluating the projected impact of this acquisition on its earnings.

DS Automobiles and the French Mint Celebrate 70 Years of the Legendary DS with Commemorative Coin

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – DS Automobiles and the French Mint have announced a partnership to celebrate the 70th anniversary of the iconic DS with the creation of a special collector's coin. This collaboration marks a significant milestone for both organizations, highlighting their shared appreciation for beauty, technical innovation, and French heritage.

A Tribute to Automotive Excellence

Xavier Peugeot Appointed CEO of DS Automobiles

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – DS Automobiles has announced the appointment of Xavier Peugeot as its new Chief Executive Officer, effective February 3, 2025. Peugeot succeeds Olivier François, who has led the brand since July 2023.

Leadership Transition and Stellantis Strategic Missions

Olivier François will continue his contributions within Stellantis, assuming responsibility for the newly created Marketing Office while retaining his leadership of the FIAT brand. This transition marks a new chapter for DS Automobiles as it celebrates milestones and looks toward an electric future.

Xavier Peugeot's Background and Expertise

Alain FAVEY Appointed Chief Executive Officer of Peugeot

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – Stellantis has announced the appointment of Alain FAVEY as the new Chief Executive Officer of Peugeot, effective February 3, 2025. Mr. FAVEY will report to Jean-Philippe Imparato, Enlarged Europe Chief Operating Officer, Stellantis.

A Distinguished Career in the Automotive Industry

A graduate of HEC Paris, Alain FAVEY brings over 35 years of experience in the automotive sector to his new role. He began his career with the PSA Group, where he served as Country Managing Director for Citroen in Denmark, Belux, UK, Italy, and France.1 In 2009, he joined Volkswagen AG, holding several leading international positions with Porsche Holding, Skoda, and Bentley.2 Most recently, he served as CEO of Europcar Mobility Group since June 2023.3

"A Major Player in This Evolution"

Alfa Romeo Junior Crowned "New Car of the Year 2025" by Quattroruote

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – Alfa Romeo has kicked off 2025 with a significant accolade: the Quattroruote audience has named the Alfa Romeo Junior "New Car of the Year 2025." This prestigious award, determined by online votes cast by a passionate and engaged audience, saw the Junior capture 16% of the vote, outperforming 19 other contenders selected by the Quattroruote editorial team as the most innovative vehicles of the past year.

A Resounding Victory for Alfa Romeo

Shell Resumes Production at Penguins Field in UK North Sea with New FPSO

SHERIDAN, WYOMING – February 4, 2025 – SHERIDAN, WYOMING – Feb. 4, 2025 – Shell has announced the resumption of production at the Penguins field in the UK North Sea. This milestone is achieved through the deployment of a new, state-of-the-art floating production, storage, and offloading (FPSO) facility. Shell operates the field with a 50% stake, while NEO Energy holds the remaining 50%. This development marks a significant resurgence for the field, which previously relied on the Brent Charlie platform, ceasing operations in 2021 and currently undergoing decommissioning.

Revitalizing a Key North Sea Asset

Political Uncertainty Halts Energy Renovations: Homeowners Delay Upgrades Amid Legislative Chaos

SHERIDAN, WYOMING – February 1, 2025 – SHERIDAN, WYOMING – Feb. 1, 2025 – A growing sense of political instability surrounding Germany’s Building Energy Act has led homeowners to postpone critical energy-efficient renovations, jeopardizing both national climate targets and the long-term value of millions of homes. A new survey reveals widespread hesitation among property owners, highlighting the urgent need for stable policies to reignite progress in the building sector.

Symbio Becomes Europe’s First Fuel Cell Supplier to Achieve Prestigious IATF 16949 Certification

SHERIDAN, WYOMING – February 1, 2025 – SHERIDAN, WYOMING – Feb. 1, 2025 – Symbio, a European leader in hydrogen fuel cell technology, has made history by becoming the continent’s first fuel cell supplier to secure the globally recognized IATF 16949 certification. This milestone underscores the company’s commitment to advancing emissions-free hydrogen mobility and solidifies its position as a pioneer in automotive quality standards.

Obayashi Corporation Makes History with First Green Hydrogen Export from New Zealand to Fiji

SHERIDAN, WYOMING – February 1, 2025 – SHERIDAN, WYOMING – Feb. 1, 2025 – In a landmark achievement for sustainable energy, Japan’s Obayashi Corporation has successfully completed the first-ever export of green hydrogen from New Zealand to Fiji. This pioneering initiative supports Fiji’s decarbonization efforts by using the hydrogen in a diesel-hydrogen generator to power local buildings, marking a critical step toward global climate neutrality.