Stellantis NV

Tesla loses market share in Europe for sixth straight month as competition grows
World

Tesla loses market share in Europe for sixth straight month as competition grows

Tesla car is seen in Krakow, Poland on June 11, 2025. Nurphoto | Nurphoto | Getty Images U.S. electric vehicle maker Tesla lost market share in Europe for the sixth straight month in June, according to the European Automobile Manufacturers Association, or ACEA, amid a broader regional dip in new car sales. Data published Thursday […]

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Germany’s auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough
World

Germany’s auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough

Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers jumped on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social, […]

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These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants
World

These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants

This photograph shows the front logo of a car at the new Citroen C5 Aircross’ production line in the Stellantis car maker plant in Chartres-de-Bretagne, near Rennes, western France, on July 3, 2025. Damien Meyer | Afp | Getty Images U.S. President Donald Trump’s tariffs on European car imports were always expected to hit hard […]

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The race to roll out solid-state batteries is picking up steam again
World

The race to roll out solid-state batteries is picking up steam again

The race to revolutionize the science of electric vehicles (EVs) is heating up. Often touted as the ” holy grail ” of sustainable driving, solid-state batteries have long been stuck between theory and the promise of commercialization in the next five to 10 years. A recent flurry of announcements from major automakers and incumbent cell […]

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Europe stocks nudge higher despite tariff uncertainty; Ryanair profits soar 128%
World

Europe stocks nudge higher despite tariff uncertainty; Ryanair profits soar 128%

European markets open mixed European stock markets moved cautiously higher in early deals, with France’s CAC 40 and Germany’s DAX both up around 0.1%. The regional Stoxx 600 index had nevertheless already pared gains to trade at the flatline by 8:10 a.m. in London. Autos stocks are down 0.6%, with Stellantis down 2.7% after announcing […]

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Jeep maker Stellantis expects first-half net loss of .7 billion as tariffs bite
World

Jeep maker Stellantis expects first-half net loss of $2.7 billion as tariffs bite

New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its […]

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Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses
World

Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses

To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and […]

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Stocks making big midday moves: Tesla, Uber, Royal Gold, Stellantis, WNS and more
Finance

Stocks making big midday moves: Tesla, Uber, Royal Gold, Stellantis, WNS and more

Tesla — The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been feuding with President Donald Trump, who called the new party “ridiculous.” Uber Technologies — Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by […]

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The CEO mindset is shifting. It’s no longer all about winning
World

The CEO mindset is shifting. It’s no longer all about winning

Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992. Pascal Rondeau | Hulton Archive | Getty Images CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real […]

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New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division
Business

New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division

Tim Kuniskis, head of NAFTA Passenger Car Brands for Fiat Chrysler Automobiles NV, speaks during the reveal of the Fiat Chrysler 2018 Dodge Challenger SRT Demon sports vehicle ahead of the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Tuesday, April 11, 2017. Mark Kauzlarich | Bloomberg | Getty Images New […]

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