Stellantis Hit - QuikReader

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 hours ago

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

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 - 2 hours 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 - 2 hours ago

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

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.

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 - 4 hours ago

Boeing takes a hit

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...

Politics - The Hill - October 23

Republicans hit for overseas voter lawsuits

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Democrats accuse GOP of obstructing military voters Republicans ...

Politics - The Hill - October 15

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

They Smash Chestnuts as a Sport. Then Controversy Hit.

World Conker Championships is a light-hearted event that has attracted contestants from all over the globe. This year, a cheating scandal took it by storm.

Sports - The New York Times - October 20

Yellow warnings in place as Storm Ashley hits

Warnings in Cumbria, Devon and Cornwall are issued for winds gusting up to 60mph (97km/h) and rain.

National insurance rise will hit lower-wage parts of UK economy hardest

Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growth

Business - Financial Times - 41 minutes ago

UK borrowing costs hit highest level this year after Budget

Bond market digests scale of extra borrowing from chancellor Rachel Reeves

Business - Financial Times - 19 minutes ago

Brewers hit by flagging sales in China

Carlsberg and AB InBev report declining volumes in important market

Business - Financial Times - 1 hour ago

Gambling stocks hit by fears of UK Budget tax grab

Ladbrokes owner Entain falls 8% while Flutter loses 6%

World - Financial Times - October 14

Spring rain expected to hit Germany wine harvest

World - Yahoo News - October 14

Report: Injuries cost top clubs $800M last season

Players in Germany's Bundesliga are most likely to be injured amongst Europe's top five domestic leagues but England's Premier League bears the most injury-related costs, according to a report ...

Sports - ESPN - October 16

An earthquake measuring 5.9 hits eastern Turkey, causing panic but no major damage

A moderately strong earthquake has struck eastern Turkey, causing widespread panic

World - ABC News - October 16

Why Harris and Trump are hitting the celebrity podcast circuit

With just weeks to go until Americans head to the polls in the November election, both former President Trump and Vice President Harris are ramping up efforts to woo new, young, undecided voters ...

Politics - The Hill - October 16

Officer thought colleague hit by car in Kaba case

An officer at the fatal shooting of Chris Kaba tells a court she believed a colleague had been hit by a car.

Competitive socialising pulls Brits from the pub

UK boom in venues built around a game spreads internationally as boozy office events go out of fashion

Business - Financial Times - October 17

SpaceX Has a Plan for Starlink to Hit Gigabit Speeds

Elon Musk's satellite internet company told the FCC that a few tweaks to its “orbital configuration and operational parameters” could result in nearly 10 times faster downloads.

Tech - Wired - October 17

Super PAC hits Harris with contradictory ads on Israel

A Republican-led super PAC is running contradictory ads in Michigan and Pennsylvania about Vice President Harris’s stance on Israel in an apparent effort to target Arab and Jewish voters in the key ...

Politics - The Hill - October 18

Trump, Harris hit the trail in swing states

Presidential candidates Vice President Harris and former President Trump are picking up momentum in the final weeks of the election with visits to Georgia and Pennsylvania on Saturday. Trump will ...

Politics - The Hill - October 19

Cuba hit by second blackout after grid collapse

Cubans experienced their second black out wave Saturday after government officials said they were working to restore electrical service to hospitals and crucial service centers after a grid failure ...