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STELLANTIS CEO RESIGNATION
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...- Jeep maker Stellantis weighs sale among options for Maserati, sources sayStellantis is reportedly considering selling its luxury Maserati unit amidst struggles with falling sales and an adjusted operating loss. T...
- EU increasingly resigned to 10% baseline tariff in US trade talks, European sources sayEU officials are bracing for a potential 10% baseline on reciprocal tariffs in a U.S. trade deal, a sticking point in negotiations. Trump s...
- Renault boss De Meo quits; report says he will head Gucci-owner KeringLuca de Meo, the Renault CEO, is departing. He might head to Kering, the owner of Gucci. De Meo successfully turned around Renault. He over...
- Jeep maker Stellantis delivers 12% fewer cars in 2024Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its key North Am...
- Why mergers of carmakers such as Honda and Nissan often falterJapanese automakers Honda and Nissan are in merger talks to share costs amid industry challenges. The merger aims to develop electric vehic...
- Why mergers of carmakers such as Honda and Nissan often falterJapanese automakers Honda and Nissan are considering a merger to share costs and better compete in the changing automotive industry. Despit...
- Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loomEuropean car makers are increasing petrol car prices. They are also discounting electric vehicles. New EU emission rules are forcing this c...
- Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
- 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 ...
- Lordstown Motors files bankruptcy, sues FoxconnFoxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake i...
- What pushed CXOs to the edge in Covid world; Over 100 senior execs quit since April 2020ETAuto attempts to find out what prompted the OEMs to make such changes in senior management roles and to bring out a list of over 100 mana...
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