Stellantis and Aston Martin blame weaker China demand for profit warnings
The Stellantis warning marks a sharp reversal in fortune for the world’s fourth-biggest car manufacturer, raising the ...
Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
Stellantis sees things going from bad to worse
Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s ...
Stellantis slashes forecasts for the year with issues most acute in North America
Stellantis is unique among European automakers in that its issues are most acute in North America. Leaders of the company’s U ...
UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract
The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of ...
Repairer Driven News3h
U.S. Tariffs in effect on Chinese EVs, batteries, steel, aluminum and minerals
A 100% tariff rate on Chinese electric vehicles (EVs), first announced by Biden in May, went into effect Friday.  The tariff ...
UAW calls on Stellantis workers to approve strike, accuses automaker of contract violations
The United Auto Workers union asked workers at Stellantis to authorise a strike as it accused the French-Italian automaker of ...
Why Stellantis is bringing Chinese carmaker Leapmotor to Europe
In exchange for access to the European market, the vehicle manufacturer is making its technology available to the ...
Stellantis Cuts Profit Forecast on US Costs, Global Slowdown
Stellantis NV slashed its forecasts for the year, citing plans to lower production and spend more on promotional incentives in a slowing and more competitive auto market.Adjusted operating income ...
Stellantis Cuts Outlook as Slowdown Slams European Carmakers
Stellantis NV slashed its forecasts for the year, citing plans to lower production and spend more on promotional incentives ...
Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own ...
Automotive News6h
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.