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STELLANTIS WRITEDOWN
Samsung SDI to lend $1.05 billion to Stellantis JV StarPlus EnergyLast month, Bloomberg reported that Stellantis was looking to exit its U.S. battery joint venture with Samsung SDI as the automaker scale...
Renault plans half of sales overseas by 2030, eyes 23% volume growthRenault has its eyes set on a bold future, targeting substantial international expansion by 2030. The iconic French car manufacturer is set...
Automaker Stellantis posts massive €22 billion loss, pivots from EVTroubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for la...
Renault forecasts 2026 margin drop as price pressure dents profitRenault is bracing for a tighter financial future, forecasting lower profit margins by 2026. Following a 15% fall in operating profit last ...
Chinese cars are coming to the US — like it or notDespite US tariffs and software bans, Chinese automakers are signaling potential entry into the American market. While President Trump expr...
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...
When the plug gets pulled: Policy, demand drag EVsElectric vehicles face growing uncertainty as regulatory shifts and slowing demand test global strategies. Auto companies are now stretchin...
Ford's EV retreat highlights industry dilemma: Build for the US or the world?In a significant shake-up, Ford has announced the slashing of thousands of electric vehicle positions, resulting in a staggering $19.5 bill...
Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industryFord announced a significant $19.5 billion writedown and is discontinuing several electric vehicle models, including the F-150 Lightning su...
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...
View: What carmakers need to tell you about their electric plansWith the onset of electric cars and autonomous vehicles, companies are increasing their focus on technology and technical know-how over the...