Stellantis mulls halting all carmaking in China after Jeep exit
Stellantis is mulling the potential exit as more established foreign auto brands have struggled to maintain their position in China’s market, raising questions about their long-term future in the country......»»
Chery weighs Hong Kong IPO for $7 billion auto arm
Chery Auto is one of China’s biggest car exporters and one of only a few not listed. It is a key asset of Chery Group, which also provides financial and real estate services......»»
Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"
Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»
Stellantis sues UAW to stop strike over plant investments
Stellantis is taking legal action against the union's threat to walk off over delayed investments in some of Stellantis' assembly plants, including the shuttered Belvidere site......»»
What"s the best material for a lunar tower?
Physical infrastructure on the moon will be critical to any long-term human presence there as both America and China gear up for a sustained human lunar presence. Increasingly, a self-deploying tower is one of the most essential parts of that physica.....»»
Stellantis, Renault CEOs dismiss reports of merger
Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»
EU formerly approves tariffs on China EVs; talks to continue
Ten member states voted in favor of the measure, while Germany and four others voted against and 12 abstained, according to reports......»»
Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says
The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»
Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says
Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»
Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend
Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»
Toyota, Stellantis highest rated for diversity efforts
Toyota and Stellantis led the Rainbow PUSH Coalition Automotive Diversity Scorecard, achieving the highest marks in all six categories......»»
EEOC sues Stellantis dealership over sex discrimination allegations
Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»
Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results
The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»
China plans to use this spacesuit for its first crewed moon landing
China is planning to achieve its first crewed lunar landing by 2030, and it's just showed off the spacesuit that it wants to use for the endeavor......»»
Stellantis extends production halt for electric Fiat 500 on poor demand
Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»
Germany arrests woman who allegedly passed airport details to suspected spy for China
Germany arrests woman who allegedly passed airport details to suspected spy for China.....»»
Stellantis cuts 2024 profit outlook as US sales crisis deepens
Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Stellantis is recalling 194,000 Jeep plug-in hybrids over fire risks after 13 fires were reported,.....»»
Crew of Vietnamese fishing boat injured in an attack in the South China Sea, state media say
Crew of Vietnamese fishing boat injured in an attack in the South China Sea, state media say.....»»
China calls for satellite broadband to face real-time censorship
The Chinese government wants to monitor satellite communications, and it could affect SpaceX and Amazon......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»