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STELLANTIS PRODUCTION HALT
JLR projects revenue growth and return to profit in FY27, doubles down on USJaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profita...- 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...
- 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...
- Suzuki is becoming a top Japan importer with made-in-India carsSuzuki surpassed Mercedes-Benz as Japan's leading car importer in June, driven by the popularity of the Jimny Nomad and Fronx, both assembl...
- BYD cancels Mexico EV factory plans amid US tariff and labor concernsBYD has canceled plans for a major electric vehicle factory in Mexico, citing uncertainty around US trade policies and rising tariffs on Me...
- China's rare earths are flowing again, but not freelyAutomotive supply chain faces less shutdown risk as Chinese rare earth magnets resume flow. European suppliers secure licenses, but US-link...
- Nissan to cut Japanese production of top-selling US model due to tariffs, source saysNissan is set to reduce Rogue SUV production in Japan by 13,000 units between May and July due to U.S. import tariffs. This decision impact...
- Volkswagen to add 'import fee' to cars sold in USVolkswagen plans to add an import fee to U.S. car prices to address the 25% tariffs imposed by President Trump. The automaker will also red...
- First fallout from Donald Trump's stiff tariffs: Stellantis to shut down Canada's Windsor plant for two weeksStellantis NV is shutting its Windsor, Ontario, factory for two weeks due to new US tariffs. The factory, which produces minivans and the D...
- Trump exempts some automakers from Canada, Mexico tariffs for one monthPresident Donald Trump exempted automakers from 25% tariffs on Canada and Mexico for one month, contingent on compliance with existing trad...
- Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
- From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
- Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
- UAW strike: Ford temporarily lays off 600 employees, GM to ‘idle 2000 workers’, Union responds amid negotiationsThe United Auto Workers (UAW) strike against General Motors (GM), Ford, and Stellantis, collectively known as the Big Three automakers, has...
- Around 13,000 Auto workers strike after talks with Detroit automakers fail: What's at stake for peopleUnited Auto Workers have initiated a series of strikes following the failure of their union to reach an agreement with the three largest U....
- Rail strike threat dredges up new fears of US supply chain havocThe risk of a work stoppage has producers of everything from airplanes and autos to diapers girding for yet another shock that will only ad...
- Russian auto boomtown grinds to halt over Ukraine sanctionsThe Kaluga region, 190 kilometres (120 miles) southwest of Moscow, says it has attracted more than 1.3 trillion roubles ($15 billion) in in...
- Jaguar Land Rover output at two UK plants hit by chips shortageThe COVID-19 pandemic has driven up demand for semiconductor chips for use in electronics like computers, as people worked from home, and s...
- Several companies freeze operations as severe weather disrupts parts of USA rare deep freeze sweeping southern U.S. states reached the northern part of neighboring Mexico over the three-day Presidents Day holiday ...
- Peugeot maker PSA Group says strong rebound underway, PSA shares up more than 3%Peugeot maker PSA Group's net profit for the first half of 2020 stayed in positive territory, at 595 million euros, down from 1.83 billion ...
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