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Mephisto, the Maker of Grandpa Shoes, Is Suddenly Cool
With a zesty collaboration arriving this week, the French shoemaker Mephisto is suddenly something it never dreamed of being before: cool.The New York Times - 15h -
Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says
Stellantis will extend the stoppage of car production at its Italian Mirafiori plant by a further two weeks, until Jan. 20, the head of the FIOM-Cgil trade union at the site said on Thursday. ...Yahoo Sports - 2h -
Europe’s car makers could be set for rebound in 2025, Morgan Stanley says
Lower interest rates and rising incomes could improve affordability in Europe’s car market, Morgan Stanley’s analysts saidMarketWatch - 20h -
Stellantis CEO Carlos Tavares lost control of the automaker with 'arrogant' mistakes, sources say
Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company's products.CNBC - 20h -
FirstFT: Qatar’s sovereign fund plans to deploy cash ‘aggressively’
Also in today’s newsletter, Microsoft poaches Google DeepMind staff, and court blocks The Onion’s purchase of InfowarsFinancial Times - 22h -
Adani drops US financing for strategic Sri Lanka port
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegationsFinancial Times - 1d -
China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern SpainABC News - 1d -
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Dodge maker Stellantis and China's CATL team up to build $4.3 billion EV battery plant in Spain
Stellantis and CATL have announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate battery plant in Spain.CNBC - 1d -
Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.The Wall Street Journal - 1d -
China’s CATL to build $4.3bn battery factory with Stellantis in European expansion
Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technologyFinancial Times - 1d -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.NBC News - 2d -
Fantasy Football Today: Zach Charbonnet primed to be Fantasy playoff difference-maker
Zach Charbonnet has all the makings of an RB1CBS Sports - 2d -
Stellantis Shakes Up North American Executive Ranks
The moves mark the automaker’s most visible shake-up under an interim management committee headed by Chairman John Elkann.The Wall Street Journal - 2d -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.CNBC - 2d -
Stellantis recalls over 300,000 Ram trucks over potential brake failure
A faulty hydraulic control unit on the trucks could cause certain braking and tracking systems to fail.CBS News - 5d -
11 Best Cold-Brew Coffee Makers (2024): Oxo, KitchenAid, and More
Good cold-brewed coffee tastes like magic. Learn how to make it right—no barista necessary.Wired - 5d -
A Poet Becomes a Jewelry Maker. But She Still is a Poet.
Teresa Kiplinger’s work features a mix of highly detailed images and fragments of her own poems.The New York Times - 6d -
How Syria’s rebels became makers of drones and guided missiles
What began as a band of a few dozen jihadis is now a disciplined force with units producing modern weaponryFinancial Times - Dec. 5 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...CBS News - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2
