Stellantis Posts Drop

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

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 hours ago

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

Bezos breaks silence, defends move to drop Washington Post presidential endorsements

Jeff Bezos, the billionaire founder of Amazon and owner of The Washington Post, broke his silence late Monday in the face of an intensifying controversy over the outlet's decision not to endorse a ...

Politics - The Hill - 2 days ago

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - 3 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

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 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 - 3 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

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.

In praise of the Washington Post’s cowardice

The Post has offered us a dramatic glimpse into what a Trumpified America looks like.

Politics - The Hill - 2 days ago

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.

These are the sectors with the most job postings on Indeed

Certain types of workers find themselves particularly in demand amid robust hiring across the U.S., new analysis finds.

Germany condemns firing on UNIFIL posts in Lebanon

World - Yahoo News - October 14

Post-Affirmative Action, Is Sustained Campus Diversity Suspicious?

There are perfectly legal explanations for why schools’ demographics might not change after the fall of affirmative action.

Top stories - The New York Times - October 16

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Tory politician's wife jailed for race hate post

Lucy Connolly, wife of West Northamptonshire councillor Raymond Connolly, is jailed for 31 months.

Watchdog opens investigation into anti-immigrant posts on Facebook

Oversight Board says parent company Meta has ‘serious questions’ to answer over two posts allowed to remain online. Mark Zuckerberg’s Meta must answer “serious questions” about its handling of ...

World - The Guardian - October 17

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

Ministers explore handing Post Office to sub-postmasters

The proposal is in its early stages and is one of many under consideration, sources told the BBC.

Ministers explore plan to hand Post Office to subpostmasters

Campaigner Alan Bates says mutualisation won’t work as organisation will continue to need government subsidies. Ministers want to turn the Post Office into a co-operative and have asked business ...

World - The Guardian - October 19

Tele2 Posts Higher Profits; Backs Targets

Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...

Business - The Wall Street Journal - October 22

Post Office scandal musical 'shows the heartache'

After a landmark TV drama, more wrongly accused sub-postmasters are shown in a new stage musical.

Abortion Pills Are Safe. Post-Roe America Isn’t.

In many states, hospitals are delaying or denying standard reproductive care.

Top stories - The New York Times - October 24

No More ‘Single Girl’ Posts for This Comedic Writer

Sara Runnels was known for her humorous stories and social media shares about the single life, but her dating status quickly changed after meeting Adam Zack.

Lifestyle - The New York Times - 6 days ago

NY Post endorses Trump after previous criticisms

The New York Post is endorsing former President Trump for president, arguing that his record in the White House matters more than his tendency to be "ridiculously hyperbolic." Writing that Trump ...

Politics - The Hill - 5 days ago

Washington Post Says It Won’t Endorse a Presidential Candidate

The decision was made by Jeff Bezos, the paper’s owner, according to a person with knowledge of the talks. Will Lewis, the chief executive, said the paper was “returning to our roots” of not making ...

Business - The New York Times - 5 days ago

The Washington Post ends backing presidential candidates as paper says Bezos axed Harris endorsement

The Washington Post's editorial board will not make a presidential endorsement this year or "in any future presidential election," the newspaper's publisher and chief executive announced Friday.

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