Stellantis NV
At Stellantis investor day, cost cuts and China come into focus
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. That’s beginning to pay dividends for the company and investors. How the trans-Atlantic […]
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Shares of Porsche, VW and other European carmakers fall following reports of ‘dieselgate’ lawsuits in Britain
A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images Shares of European carmakers fell on Wednesday following a report that some of the world’s largest auto manufacturers face possible lawsuits in Britain […]
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Electric air taxi maker Archer Aviation gets key FAA sign-off
Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is […]
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Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023. Stephanie Keith | Bloomberg | Getty Images NEW YORK – Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as […]
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Jeep reveals all-electric Wagoneer S in EV offensive, starting at $72,000
2024 Jeep Wagoneer S EV Jeep NEW YORK – The first all-electric Jeep SUV for the U.S. will be the Wagoneer S, starting at about $72,000 when it’s scheduled to go on sale this fall. The Stellantis-owned brand revealed the vehicle and pricing Thursday, portraying it as a “new chapter” for the quintessential American SUV […]
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Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO Carlos Tavares said Wednesday. […]
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Autos big Peugeot is trialing driverless tech — with a twist — for Amazon-model deliveries
The Peugeot e-3008 electrical motor vehicle on screen through a presentation at the Stellantis car manufacturing unit in Sochaux, France. Arnaud Finistre | AFP by way of Getty Photographs PARIS, France — French motor vehicle big Peugeot advised CNBC this week that it is really partnering with Vay, a German mobility startup, to combine so-referred […]
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Mercedes-Benz workers in Alabama vote against UAW union membership
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The […]
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Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced […]
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Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.
U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the […]
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