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MILAN – When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands […]
Seeking Higher Margins, Stellantis CEO Tavares Lost Some Core Customers Read More »
MILAN/DETROIT – Stellantis (NYSE: STLA) Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at
Stellantis CEO Carlos Tavares Resigns as US Jeep, Ram Sales Falter Read More »
Shares in Stellantis (NYSE: STLA) slumped about 9% in premarket trading Monday after CEO Carlos Tavares resigned abruptly on Sunday,
Stellantis (NYSE: STLA) Stock Tumbles After CEO Tavares Resigns Read More »
A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak
Factbox: Europe’s Embattled Auto Sector Plans Plant Closures and Layoffs Read More »
European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S.
Trump’s Tariffs Could Cost Carmakers up to 17% of Combined Core Profits, S&P Says Read More »
MILAN – Stellantis (NYSE: STLA) will again halt auto production at its historic Italian Mirafiori plant from December 2 to
Stellantis to Halt Production in Turin in December Due to Weak Demand for Fiat 500 EV Read More »
Tesla’s (NASDAQ: TSLA) electric vehicles likely would not qualify for California’s new state tax credits under a proposal in the
TOCHIGI – Honda Motor (NYSE: HMC) aims to double the driving range of its electric cars by the late 2020s
Honda Aims to Double EV Driving Range with Solid-State Batteries, R&D Chief Says Read More »
LONDON/COLOGNE – Ford Motor (NYSE: F) said it would cut around 14% of its European workforce on Wednesday, blaming losses
Ford to Cut 14% of Jobs in Europe as EV Shift, Chinese Rivals Take Toll Read More »
DETROIT – Volkswagen appointed former Rivian (NASDAQ: RIVN) executive Kjell Gruner as head of its American business on Tuesday, as
Volkswagen Appoints Former Rivian Executive as Head of US Operations Read More »
DETROIT – On Tuesday, Stellantis (NYSE: STLA) said it will deploy a new vehicle system that will support the assembly
Stellantis Unveils Technology for Flexible EV Production, Delays Ram Electric Pickup Read More »
RENNES, France – Stellantis (NYSE: STLA) will adapt to changes in the U.S. car market expected under a Trump government,
Stellantis CEO Says Will Adapt to US Market Under Trump Read More »
President-elect Donald Trump’s transition team plans to kill the $7,500 consumer tax credit for electric vehicle purchases as part of
Exclusive: Trump’s Transition Team Aims to Kill Biden EV Tax Credit Read More »
As Tesla’s (NASDAQ: TSLA) electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on
Trump’s Victory Could Ease Regulatory Path for Musk’s Robotaxi, but Hurdles Remain Read More »
WASHINGTON – On Wednesday, Tesla (NASDAQ: TSLA) recalled 2,400 Cybertruck pickups in the U.S. because a faulty part could lead
Tesla Recalls 2,431 Cybertrucks Over Potential Loss of Drive Power Read More »
Volkswagen Group raised its investment in Rivian Automotive (NASDAQ: RIVN) by 16% to $5.8 billion, the two automakers said on
Volkswagen Boosts Investment in Rivian to $5.8 Billion Read More »
SHANGHAI – Stellantis (NYSE: STLA) and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle
On Thursday, Lucid (NASDAQ: LCID) beat Wall Street expectations for third-quarter revenue and reiterated its annual production forecast as it
Lucid (NASDAQ: LCID) Beats Q3 Revenue Forecasts, Reaffirms 2024 Production Guidance Read More »
On Thursday, General Motors (NYSE: GM) said it will end production of the gas-powered Cadillac XT4 SUV in January as
General Motors to End Cadillac XT4 SUV Production in Shift Toward EVs Read More »
Billionaire Elon Musk stands to benefit greatly from his ties with U.S. President-elect Donald Trump after the Tesla CEO became
Musk’s Ties to Trump Will Reverberate Through Tesla, Other Interests Read More »
Rivian (NASDAQ: RIVN) is expected to report on Thursday its first drop in quarterly revenue since going public three years
Rivian (NASDAQ: RIVN) May Report First Quarterly Revenue Drop Since IPO Read More »
ROME – Stellantis (NYSE: STLA) CEO Carlos Tavares has failed to confirm previously announced electrification plans for Maserati, Italian trade
Stellantis CEO Did Not Confirm Maserati EV Plans, Union Says Read More »
On Tuesday, the National Highway Traffic Safety Administration said General Motors (NYSE: GM) would recall 107 Bolt EV and EUV
General Motors (NYSE: GM) Recalls 107 Bolt Vehicles Over Fire Risk Read More »
When Reuters reported in April that Tesla (NASDAQ: TSLA) had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the
Elon Musk Declares $25,000 Tesla ‘Pointless’ for Human Drivers Read More »
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