Stellantis warns of higher US tariff costs as it reports €22bn loss ⊖
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a story from Financial Times ✅ › Financial Times
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Stellantis
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28 hours ago
Fiat and Jeep owner under fire for revival of combustion-engine models amid increased competition in UK and Europe
37 hours ago
Jeep maker Stellantis posts first annual loss in company history after EV writedowns ⊖
The results come shortly after the auto giant scaled back its EV ambitions following a major strategic shift.
3 days ago
Winter Olympics must tackle environmental impact before the snow runs out | George Timms ○
With the rhetoric not matching the reality, future Olympics hosts need to forge clearer sustainable standards
By the end of the 21st century, only eight of the 21 cities that have hosted the Winter Ol…
4 days ago
New Jeep Cherokee set to lead Stellantis' U.S. sales turnaround ○
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The Cherokee rejoins the compact and midsize vehicle markets after a three-year hiatus and will seek to compete with the Toyota and Honda hybrid vehicles.
10 days ago
Vauxhall owner Stellantis resurrects diesel cars after taking a £19bn hit from EV sales slump ○
The world's fourth-largest car maker earlier this month confirmed it had taken a £19bn slap from rushing into the EV market too fast for European customers.
20 days ago
Car manufacturer Stellantis in £19bn hit after eco U-turn ○
It follows write-downs by other car makers, including Ford and General Motors, as they slow their shift away from petrol and diesel.
Stellantis announces $26 billion hit from business overhaul; shares plunge ⊕
Stellantis said it expects to take a 22-billion-euro ($26 billion) as it overhauls its business to accelerate the rollout of electric and hybrid vehicles.
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge ○
The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification plans and reintroducing V8 engines.
30 days ago
Stellantis resets bets on US classics: $13bn push to revive Jeep and Dodge ○
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a story from Financial Times ✅ › Financial Times
Automaker formed from merger of Fiat Chrysler and PSA Group battles slump after price rises and overproduction
38 days ago
Stellantis stock off 43% as Jeep maker turns five, executes turnaround ⊖
Stellantis shares were largely up – as high as 93% in March 2024 – until reporting troubling financial results that year amid cost-cutting efforts and EVs.