The Opel parent company Stellantis has to write off 22 billion euros and cancel the dividend in order to “put customers and their preferences back at the center of our actions”. The second largest European car manufacturer and VW competitor announced this on Friday at its headquarters in Amsterdam. The stronger customer orientation should primarily… Continue reading German FAZ: Stellantis cancels electric cars and writes off billions – the share price falls by 28 percent010540
Tag: FCA
German FAZ: Stellantis in free fall010539
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010539
German FAZ: Kia’s smallest edge 010540
There is a lot of movement in the world of small electrical boxes. Renault has the R4 with cult status at the start, Fiat is introducing the Grande Panda, in Wolfsburg a remarkably impressive trio is warming up to the VW Polo, and we’ve probably forgotten one or two. Strength of character can hardly do… Continue reading German FAZ: Kia’s smallest edge 010540
German FAZ: Stellantis in free fall010540
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010540
Chris Feuell, Chrysler Brand CEO and Head of Alfa Romeo North America, Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show
CHICAGO, Feb. 6, 2026 /PRNewswire/ — Now in its ninth year, What Drives Her Trailblazer Award given by Chicago Auto Show organizers in partnership with A Girls Guide to Cars Award recognizes women who are changing the auto industry from the inside Feuell among those honored at awards program held during media preview for the… Continue reading Chris Feuell, Chrysler Brand CEO and Head of Alfa Romeo North America, Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show
@Groupe PSA: PR LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision with Stellantis007758
Windsor – LG Energy Solution, Stellantis, and NextStar Energy today announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49 per cent equity stake to LG Energy Solution. NextStar Energy was established as a joint venture by the two companies in 2022 to build Canada’s first large-scale battery manufacturing… Continue reading @Groupe PSA: PR LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision with Stellantis007758
@Groupe PSA: PR Stellantis Resets its Business to Meet Customer Preferences and to Support Profitable Growth007757
AMSTERDAM – Stellantis N.V. (“Stellantis” or “the Company”) today announced that as part of the reset of its business and as it prepares for the communication of its new strategic plan in May of this year, it has conducted a thorough assessment of its strategy and related costs required to align the Company with the real-world… Continue reading @Groupe PSA: PR Stellantis Resets its Business to Meet Customer Preferences and to Support Profitable Growth007757
@Groupe PSA: PR Stellantis Reports Q4 2025 Estimated Consolidated Shipments of 1.5 Million Units, +9% y-o-y007756
(1) Consolidated shipments only include shipments by Company’s consolidated subsidiaries, which represent new vehicles invoiced to third party (dealers/importers or final customers). Consolidated shipment volumes for Q4 2025 presented here are unaudited and may be adjusted. (2) Middle East & Africa exclude Iran, Sudan and Syria. From 2025, this excludes Israel and Palestine (prior periods have… Continue reading @Groupe PSA: PR Stellantis Reports Q4 2025 Estimated Consolidated Shipments of 1.5 Million Units, +9% y-o-y007756
“It was a hairy drive!” – Living with a BAC Mono in winter
When he bought his BAC Mono in sunny Dubai four years ago, did Jason Goddard ever imagine that one day, back home living in England after 14 years working in the Middle East, he’d be driving it in the middle of winter on lifeless carbon brakes up the M6 to BAC’s Liverpool factory for its… Continue reading “It was a hairy drive!” – Living with a BAC Mono in winter
Stellantis takes €22bn hit after ‘overestimating’ pace of shift to EVs
Stellantis has taken moves including cancelling its previously planned Ram 1500 BEV, an electric truck it had claimed was ‘set to push boundaries’. Photograph: Mariusz Burcz/Alamy View image in fullscreen Stellantis has taken moves including cancelling its previously planned Ram 1500 BEV, an electric truck it had claimed was ‘set to push boundaries’. Photograph: Mariusz… Continue reading Stellantis takes €22bn hit after ‘overestimating’ pace of shift to EVs