Carmaker Stellantis - QuikReader

Stellantis boss warns long EV transition poses cost ‘trap’ for carmakers

Carlos Tavares says industry will suffer from prolonged period of investing in both traditional engines and battery-powered cars

Business - Financial Times - October 14

Chinese carmakers deny intent to ‘overthrow’ western rivals

In Paris for motor show, companies including Xpeng and GAC pledge their long-term commitments in effort to allay concerns

Business - Financial Times - October 14

France pushes Brussels to delay fines on carmakers

Emissions rules coming into force could lead to billions in penalties being imposed on weak auto industry

World - Financial Times - Yesterday

Stellantis Car Deliveries Slump on U.S. Woes

Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.

Business - The Wall Street Journal - October 16

Stellantis workers march in Italy over production slump

World - Yahoo News - October 18

Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory

World - Financial Times - 5 days ago

Jeep maker Stellantis reports 27% drop in sales

Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North America

Business - MarketWatch - 5 days ago

Stellantis Says Moving Quickly to Cut U.S. Inventories

Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...

Business - The Wall Street Journal - 5 days ago

China's Top Carmaker Dominates Foreign Rivals With $14,000 Plug-In Hybrid

From tariffs to technology restrictions, global challenges are mounting for Chinese carmakers, but BYD has been unstoppable.

Business - The Wall Street Journal - October 14

Cradle of Italian carmaking tries to look beyond ‘Mamma Fiat’

Stellantis-owned brand’s painful EV transition has shaken home city of Turin and sparked acrimonious spat with Rome

World - Financial Times - October 18

Chinese EVs leave other carmakers with only bad options

If you believe the auto transition must happen at some point, delaying simply puts you further behind

World - Financial Times - 5 days ago

Stellantis boss sees possible plant closures amid Chinese competition

World - Yahoo News - October 14

Chrysler and Jeep maker sees North American deliveries dive 36%

Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024

Business - MarketWatch - October 16

Stellantis Expands Mexico Factory to Build More Ram Pickups Outside the U.S.

Such a step by the automaker would threaten its already-frayed relationship with the UAW, which has criticized moves to cut U.S. jobs.

Business - The Wall Street Journal - October 15

Stellantis Issues Global Recall for 44,500 SUVs With Brake Pedal Defect

Affected vehicles include some 2024 through 2025 model-year Alfa Romeo Tonale plug-in hybrid SUVs and some 2024 model-year Dodge Hornet plug-in SUVs.

Business - Inc. - October 17

Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

Business - CNBC - October 18

Stellantis to sell, shutter large testing facility amid cost-cutting efforts

DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.

Thames Water lenders call for more backers for £1.5bn rescue cash – business live

Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...

World - The Guardian - Yesterday

Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans

Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration crossing the center of Rome

World - ABC News - October 18

Stellantis recalls nearly 34,000 Ram 1500 pickups over damaged wheel hub

Damaged wheel hub encoder ring could disable vehicle's electronic stability control system, increasing crash risks.

Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.

Business - CNBC - 5 days ago

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