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

MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

NEW YORK, Sept. 30, 2024 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Methode Electronics, Inc. (NYSE: MEI) between June 23, 2022 and March 6, 2024, both dates inclusive (the “Class Period”), of the important October 25, 2024 lead plaintiff deadline. So what: If you… Continue reading MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit

@Groupe PSA: PR Leapmotor International Opens Orders in Europe for Affordable, High-Tech T03 City Car and C10 SUV Electric Vehicles007687

AMSTERDAM – Designated Stellantis brand vehicle dealers throughout Europe are now playing a greater role in offering consumers clean, safe and affordable mobility by taking orders for Leapmotor fully electric vehicles, with deliveries set for later this year. The launch of dealer orders is a milestone for Leapmotor International, the 51:49 joint venture between Stellantis and… Continue reading @Groupe PSA: PR Leapmotor International Opens Orders in Europe for Affordable, High-Tech T03 City Car and C10 SUV Electric Vehicles007687

@Groupe PSA: PR Stellantis Updates 2024 Financial Guidance007686

AMSTERDAM – Stellantis N.V. today revised its 2024 financial guidance, reflecting decisions to significantly enlarge remediation actions on North American performance issues, as well as deterioration in global industry dynamics. The Company has accelerated its planned normalization of inventory levels in the U.S., targeting no more than 330,000 units of dealer inventory by year-end 2024,… Continue reading @Groupe PSA: PR Stellantis Updates 2024 Financial Guidance007686

HOTEL NIKKO SAN FRANCISCO NAMES CASEY NEUBURGER GENERAL MANAGER

The Beloved Bay Area Hotel Announces New Leadership SAN FRANCISCO, Sept. 30, 2024 /PRNewswire/ — Casey Neuburger has been named General Manager of Hotel Nikko San Francisco. Having previously held management positions at San Francisco’s Intercontinental, Park Hyatt Philadelphia, and Park Hyatt Washington DC, the hospitality veteran has overseen hotel operations from the front office to food & beverage, human… Continue reading HOTEL NIKKO SAN FRANCISCO NAMES CASEY NEUBURGER GENERAL MANAGER

MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LOS ANGELES, Sept. 30, 2024 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Methode Electronics, Inc. (“Methode” or “the Company”) (NYSE: MEI)  violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and… Continue reading MEI Investors Have Opportunity to Lead Methode Electronics, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Vauxhall owner warns on profits amid falling sales and tougher Chinese competition

A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters View image in fullscreen A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters Vauxhall owner warns on profits amid falling sales and tougher Chinese… Continue reading Vauxhall owner warns on profits amid falling sales and tougher Chinese competition