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STELLANTIS MASERATI SALE
Luxury carmakers' gold-leafed Gulf profits are under threat from Iran warLuxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...- GST 2.0 boosts auto sales: Passenger car industry to clock 5% growth, Stellantis India CEO predictsIndia's passenger car market is experiencing a significant revival, largely attributed to GST 2.0 reforms that have unlocked demand, partic...
- Tata Motors to drive Iveco’s CV business for $4.4 billion, the group's biggest cross border M&A since CorusTata Motors is set to acquire Iveco from the Agnelli family for $4.4 billion, marking its largest automotive acquisition since Jaguar Land ...
- 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...
- Trump tariffs pose challenge for Europe's carmakersThe new 25 percent customs duties, set to be imposed soon, could either force manufacturers to absorb costs or raise prices, impacting thei...
- A ‘Made in China’ crisis awaits big autoThe profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor u...
- 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 ...
- China's Leapmotor set to follow BYD, MG into India; budget EV space set for intense competitionLeapmotor, which had talks going on with Sajjan Jindal-led JSW, will be following in the footsteps of its Chinese peers MG and BYD into Ind...
- Stellantis looks to India for affordable EVs for EuropeStellantis is investing heavily in EVs and plans to produce dozens of electric models in the coming decade, but Tavares warned last month t...
- Maserati unveils its first fully-electric GranTurismo modelThe auto company is expected to officially launch the e-car next year.
- Luxury carmaker Maserati introduces convertible sportscar MC20 CieloThe all-new MC20 Cielo will cost EUR 260,000 (around USD 277,000).
- Fiat Chrysler, Peugeot shareholders approve mergerBefore the merger is finalized, shares in the new company, to be called Stellantis, must the launched. It will be traded in Milan, New York...
- European Union gives green light to Fiat Chrysler, PSA mergerThe tie-up, which was announced late last year and planned to be completed in early 2021, will create Stellantis, set to be the world's fou...
- Fiat, PSA to win EU approval for $38 billion merger: SourcesThe green light from the European Commission would formalise the creation of Stellantis, a carmaking group that could tap hefty profits fro...
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