Stellantis Sued By Shareholders Over Godawful Earnings
Good morning! It’s Friday, August 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
FIAT CHRYSLER
Costs at the owner of Fiat, Jeep and Ram are close to the bones as Stellantis’ sales drop
Stellantis’ push for deep cost cuts is coming up against limits just as auto markets slow and returns flag. The maker of Ram pickups and Jeep SUVs will look to …
Automakers Buying EV Credits From Tesla Is Short Term Thinking At Its Worst
The future of personal transportation, cars and trucks and bikes and scooters, is electric. We know this now, and we’ve known it for some time, but automakers, despite all that …
Stellantis Blames California For Lack Of Internal Combustion Vehicle Stock In Some States
Stellantis has only kept dealer lots stocked with electrified versions of its vehicles when possible in the 14 CARB-compliant states since June of this year because of legislative inequality. The …
Leapmotor gets US$1.6 billion investment from Jeep, Fiat owner as global carmaking giants bet on China’s heft in building electric vehicles
“The two companies consider Leapmotor’s EV product offering to be complementary to Stellantis’ current technology and portfolio of iconic brands and will bring more affordable mobility solutions to global customers.” …
Some Of Jeep’s Best Customers Simply Can’t Afford The Brand Anymore
Jeep has been on a premium push the last few years. Products like the Grand Cherokee and Wagoneer have turned Jeep into a premium off-road brand. That upmarket push however …
16 Ford Bronco Raptors Stolen In Massive Heist Ring
Police in Canton, Michigan, arrested six men and one woman, all 21 years old or younger, on charges related to a huge car theft crime ring that snagged $1.7 million …
Over 1 Million Ram 1500 Pickups Could Have Faulty Power Steering Units
Photo: Stellantis The National Highway Traffic Safety Administration (NHTSA) is investigating 380 reports that claim that 2013 to 2016 model-year Ram 1500 pick-up trucks are suffering an intermittent or complete …
The EX90, Volvo’s Great Hope To Take The U.S., Has Hit A Snag
Good morning! It’s Friday, July 21, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …