Tag: PSA

Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite

New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its… Continue reading Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite

German FAZ: “The range of affordable small cars has drastically decreased by EU regulations” 009696

FAZ+Opel boss Huettl in conversation: “The range of affordable small cars drastically removed from EU regulations” 21.07.2025, 11: 22 reading time: 7 min. Image description Folding-out tiredness detection, lane keeping assistant or air pressure sensors: Many rules make small cars more expensive, says Opel boss Florian Huettl. The question arises whether this can be in… Continue reading German FAZ: “The range of affordable small cars has drastically decreased by EU regulations” 009696

German FAZ: The descent of Stellantis continues00009695

The Malaise from Stellantis does not end. On Monday, the Italian-French car manufacturer published preliminary financial figures for the first half of the year, which illustrate the extent of its economic difficulties. The parent company of Opel and 13 other brands has therefore far away from the profit zone. The bottom line is that the… Continue reading German FAZ: The descent of Stellantis continues00009695

@Groupe PSA: PR Stellantis Publishes Preliminary and Unaudited Key Figures for First Half 2025007736

In North America, Q2 shipments declined approximately 109 thousand units compared to the same period in 2024, representing a 25% y-o-y decline, due to factors including the reduced manufacture and shipments of imported vehicles, most impacted by tariffs, and lower fleet channel sales. Total sales declined 10% y-o-y, with U.S. retail sales relatively flat, and… Continue reading @Groupe PSA: PR Stellantis Publishes Preliminary and Unaudited Key Figures for First Half 2025007736

New discount makes GWM Ora 03 one of UK’s cheapest EVs

The GWM Ora 03 has become one of the UK’s cheapest electric cars at £21,245, after the Chinese brand cut the model’s price by £3750 to match the UK government’s new Electric Car Grant. The ECG, announced last week, will discount new EVs (priced below £37,000) by either £3750 or £1500. These bandings will, however,… Continue reading New discount makes GWM Ora 03 one of UK’s cheapest EVs

THE AMERICAN CONFERENCE LAUNCHES MODERNIZED BRAND IDENTITY AHEAD OF FOOTBALL MEDIA DAYS

“The American has built a brand that differentiates us in a crowded collegiate landscape by establishing and elevating what makes us distinctive,” said Commissioner Tim Pernetti. “This modernization is rooted in who we are and where we’re headed. It prioritizes clarity, momentum, and the competitive advantage driving every part of our conference forward.” The announcement… Continue reading THE AMERICAN CONFERENCE LAUNCHES MODERNIZED BRAND IDENTITY AHEAD OF FOOTBALL MEDIA DAYS

A net loss of 2.3 billion euros in the first half of 2025: the Stellantis group sells fewer cars in Europe and the USA

The automotive giant Stellantis announced on Monday that it had accused a net loss of 2.3 billion euros in the first half of 2025, penalized by the decline of its sales in Europe and the United States, and charges linked to the cessation of certain models, according to still preliminary results. Regional news Each day,… Continue reading A net loss of 2.3 billion euros in the first half of 2025: the Stellantis group sells fewer cars in Europe and the USA