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
Tag: PSA
German Manager Magazine: Stellantis shares collapse: car manufacturer shocks with 22 billion euro depreciation004693
The car company Stellantis pulls the ripcord on its electrical strategy and records billions in depreciation. Due to the throttling of development plans for electric cars, charges of around 22.2 billion euros were incurred in the second half of 2025, the French-Italian manufacturer announced on Friday from CEO Antonio Filosa (52). The bottom line is… Continue reading German Manager Magazine: Stellantis shares collapse: car manufacturer shocks with 22 billion euro depreciation004693
@FCA: Stellantis Resets Business to Meet Customer Preferences and to Support Profitable Growth
February 6, 2026 , 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… Continue reading @FCA: Stellantis Resets Business to Meet Customer Preferences and to Support Profitable Growth
@FCA: LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision With Stellantis
February 6, 2026 , Windsor, Ontario – 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… Continue reading @FCA: LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision With Stellantis
@FCA: Stellantis Reports Q4 2025 Estimated Consolidated Shipments of 1.5 Million Units, +9% YOY
February 6, 2026 , Amsterdam – Stellantis N.V. today released its consolidated shipment estimates. The term “shipments” describes the volume of vehicles delivered to dealers, distributors, or directly from the Company to retail and fleet customers, which drive revenue recognition. Consolidated shipments for the three months ending December 31, 2025, were an estimated 1.5 million units,… Continue reading @FCA: Stellantis Reports Q4 2025 Estimated Consolidated Shipments of 1.5 Million Units, +9% YOY
Hyundai Ioniq 3 will be first of five new B- and C-segment cars
Hyundai will launch five new electrified models in Europe over the next 18 months, including three small B- and C-segment cars, beginning with the Ioniq 3 hatchback in April. The Korean company has confirmed that it will unwrap its new electric hatchback – a rival to the Volkswagen ID 3, Renault Megane and Peugeot e-308… Continue reading Hyundai Ioniq 3 will be first of five new B- and C-segment cars
Pride in the workplace: How the automotive industry supports the LGBTQ+ community
Companies that embrace diversity and LGBTQ+ inclusive policies and practices contribute to a better and more tolerant society – but by attracting a wide range of talented staff with different backgrounds and experiences, they also tend to be more innovative and profitable. Vehicle manufacturers, operators and suppliers across the automotive industry have been working closely… Continue reading Pride in the workplace: How the automotive industry supports the LGBTQ+ community
German FAZ: Zero cylinders, five children010536
Electric cars that can accommodate seven people are rare. The Peugeot E-5008 is one of them. Admittedly, the last row is difficult to climb and is actually only for children, but families in particular are happy when friends of the brats can come along for the ride. Then there is still 294 liters of trunk… Continue reading German FAZ: Zero cylinders, five children010536
SASOL LIMITED: TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2025
JOHANNESBURG, Feb. 5, 2026 /PRNewswire/ — In terms of paragraph 3.4(b)(i) of the Listing Requirements of the JSE Limited (JSE) stakeholders are advised that, for the six months ended 31 December 2025: Earnings per share (EPS) is expected to be between R0,10 and R0,80 per share (prior period EPS of R7,22), a decrease of 89% to… Continue reading SASOL LIMITED: TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2025
‘Experimental’ new Citroen C4 to be radically different from rivals
Citroën will go “as far as possible” to ensure the next-generation C4 stands out from its rivals and range-mates as part of a push for more ‘experimental’ designs across its line-up. The third generation of the French brand’s C-segment hatchback is entering its sixth year on sale, making it the oldest model in the line-up,… Continue reading ‘Experimental’ new Citroen C4 to be radically different from rivals