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Stellantis says to invest 60 bn euros over five yearsAutomaker Stellantis is investing 60 billion euros over five years. The company plans to reduce its production capacity in Europe by 20 per...
What happened to Stellantis shares? Stellantis stock crashes 25% in a single day as Jeep, Ram, and Dodge owner’s €22 billion EV reset shocks investorsStellantis (STLA) stock tumbles 25% today: Stellantis shares crashed 25% in one session. A €22 billion EV write-down triggered the collapse...
US EV slowdown drives $55 billion hit for carmakersIn a turbulent turn of events, major global car manufacturers are grappling with heavy financial losses. Brands like Stellantis, Ford, Gene...
Connected features turn driving force for new-age vehicle buyersNew car buyers are prioritising digital and connected features. Connectivity and safety are now social currency. Connected cars, offering f...
Jeep recalls 320,000 vehicles, here’s what owners need to do to stay safe; precautions and safety norms explainedJeep has recalled over 320,000 plug-in hybrid vehicles due to a fire risk, even when parked. The issue stems from damaged battery cells, wi...
Battery startup Lyten yet to convince carmakers over Northvolt revivalSilicon Valley’s Lyten has acquired bankrupt Northvolt’s assets to build a European EV battery champion. It aims to scale lithium-sulfur te...
US tariffs help push Jeep owner Stellantis into massive lossJeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tari...
Citroen appoints Xavier Chardon as CEO, Koskas to leave companyStellantis has named Xavier Chardon as the new CEO of Citroen, effective June 2. Chardon, who previously held positions at Citroen and Volk...
Merc, Stellantis scrap forecasts over levy tacticsStellantis, the company that owns Jeep, Peugeot, and Fiat, announced Wednesday it is putting its 2025 earnings forecast on hold. The reason...
Trump’s $1.4 trillion tariff threat spurs companies to seek coverCompanies like Novo Nordisk, Boeing, and Walmart are preparing for the impacts of President Donald Trump’s tariffs. Executives are assessin...
Trump delays auto tariffs. Pickup trucks might explain why.U.S. auto industry plans to mitigate the impact of President Trump's 25% tariffs on Canada and Mexico. Many North American-built vehicles a...
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping salesStellantis CEO Carlos Tavares is resigning after nearly four years. The company, which includes brands like Jeep and Citroen, is currently ...
Why Stellantis, owner of Chrysler, Jeep and Ram, is strugglingStellantis, the automotive giant behind brands like Chrysler and Jeep, is grappling with falling sales and profits. Dealers criticize the c...
Where is Tesla’s EV competition?Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Tesla's domi...
Peugeot banned from selling three-wheeled scooters in France and Italy over patent problemsCourts in Paris and Milan have also slapped penalties on the French company in a patent infringement case filed by Italian two-wheeler make...
Mahindra & Mahindra has no plans to retail Thar in AustraliaA proceeding was commenced by FCA in April 2021, in Federal Court. On 20th May 2021, the Court took the note of the undertaking given by Ma...