Stellantis NV

Implemented or not, Trump’s 25% tariff threat is challenging the auto industry
Business

Implemented or not, Trump’s 25% tariff threat is challenging the auto industry

A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — As President Donald Trump’s threat to impose 25% tariffs on imports from Canada and […]

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Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump
Business

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump […]

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Here are the products and companies most at risk from Trump’s tariff plans
Business

Here are the products and companies most at risk from Trump’s tariff plans

Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.  Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a reality that could soon force many consumers to change their buying habits. Sneakers, T-shirts, […]

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Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025
Business

Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025

Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, November 21, 2024.  Etienne Laurent | AFP | Getty Images DETROIT – Stellantis’ top priority for the U.S. this year is to grow its […]

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Stellantis reveals redesigned Ram heavy-duty trucks
Business

Stellantis reveals redesigned Ram heavy-duty trucks

2025 Ram 2500 Heavy Duty Ram DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a […]

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CNBC Daily Open: A missing Santa Rally isn’t necessarily bad news
World

CNBC Daily Open: A missing Santa Rally isn’t necessarily bad news

Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City.  Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]

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Stellantis Italy output falls 37% in 2024, car production hits 68-year low
World

Stellantis Italy output falls 37% in 2024, car production hits 68-year low

Employees works on the production floor of the SUSTAINera Circular Economy Hub at Stellantis NV’s Mirafiori complex in Turin, Italy, on Thursday, Nov. 23, 2023.  Bloomberg | Bloomberg | Getty Images Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car manufacturing, union figures […]

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China’s electric car boom is increasingly more about hybrids
World

China’s electric car boom is increasingly more about hybrids

A Leapmotor vehicle with range extension is on display at the company’s headquarters in Hangzhou, China, on June 22, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show. BYD, by far the market […]

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Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry
Business

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat […]

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Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model
Business

Stellantis further delays electric Ram pickup to prioritize plug-in ‘EREV’ model

2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks. The decision to delay the full battery-electric model, which had already been postponed from this […]

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