German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

German FAZ: Car manufacturer Stellantis shocks the stock market007795

It’s not just Volkswagen that is suffering from the growing competitive pressure on the global car market. Stellantis, Europe’s second largest volume manufacturer with brands such as Peugeot, Opel and Fiat, also issued a warning shot on Monday and revised its financial targets downwards. Instead of at least ten percent, only a profit margin of… Continue reading German FAZ: Car manufacturer Stellantis shocks the stock market007795

Chinese Carmakers Sell Fewest EVs in Europe in 18 Months

(Bloomberg) — Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. Most Read from Bloomberg The 48% drop led to the second straight month of declining share for Chinese brands, based on figures provided by researcher Dataforce. MG,… Continue reading Chinese Carmakers Sell Fewest EVs in Europe in 18 Months

Chinese Carmakers Sell Fewest EVs in Europe in 18 Months

(Bloomberg) — Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. Most Read from Bloomberg The 48% drop led to the second straight month of declining share for Chinese brands, based on figures provided by researcher Dataforce. MG,… Continue reading Chinese Carmakers Sell Fewest EVs in Europe in 18 Months