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Stellantis NV

Italy issues US$6.4 million fine over Chinese cars badged as Italian

by Walter Watson
Italy issues US.4 million fine over Chinese cars badged as Italian

Italy’s antitrust authority fined a local automobile company €6 million (US$6.4 million) after determining it had illegally labelled vehicles from Chinese manufacturers including Chery Automobile Co as Italian-made. DR Automobiles …

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Detroit automakers need to exit China, BofA analyst says

by Anas Siddiqui
Detroit automakers need to exit China, BofA analyst says

Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan …

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Jeep sales expected to grow 50% by 2027

by Walter Watson
Jeep sales expected to grow 50% by 2027

 Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, …

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Stellantis has achieved $9 billion in cost reductions from merger

by Horatio Thompson
Stellantis has achieved  billion in cost reductions from merger

Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN …

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Cost cuts, China come into focus

by Horatio Thompson
Cost cuts, China come into focus

Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create …

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Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

by Horatio Thompson
Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | …

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UAW President Shawn Fain under investigation by federal monitor

by Horatio Thompson
UAW President Shawn Fain under investigation by federal monitor

United Auto Workers President Shawn Fain testifies about the toll of working hours on laborers before the Senate Senate Health, Education, Labor, and Pensions Committee in the Dirksen Senate Office …

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Electric air taxi maker gets key FAA signoff

by Franz Hernandez
Electric air taxi maker gets key FAA signoff

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters The Federal Aviation Administration …

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Jeep plug-in hybrid SUV sales expected to grow by 40% in 2024

by Horatio Thompson
Jeep plug-in hybrid SUV sales expected to grow by 40% in 2024

A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023. Stephanie Keith | Bloomberg | …

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Jeep’s first global all-electric SUV at $72,000

by Horatio Thompson
Jeep’s first global all-electric SUV at ,000

2024 Jeep Wagoneer S EV Jeep NEW YORK – The first all-electric Jeep SUV for the U.S. will be the 2024 Wagoneer S, starting at about $72,000 when it’s scheduled …

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