These concessions are designed to boost imports and exports without impacting local manufacturers. American giants Harley Davidson, Jeep and Tesla are the likely big winners of the trade deal with govt offering concessions, without upsetting domestic industry. For Harley Davidson, US President Donald Trump has managed concessions which his predecessors couldn’t manage by getting zero… Continue reading Lower duties may add speed to Harley, Jeep & Tesla for India ride
Tag: PSA
German FAZ: Fearless in protecting mother and aunt010548
The zoo director enters the elephant house, takes a bunch of carrots from a chest and a carrot from the bunch. When Thomas Kauffels approaches the box with Kaja and Lilak, the animals clearly know who is coming and what he is bringing with him. Two trunks glide quickly through the metal bars of the… Continue reading German FAZ: Fearless in protecting mother and aunt010548
Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales. Go to Source
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a… Continue reading Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis announces $26 billion hit from business overhaul; shares plunge
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26… Continue reading Stellantis announces $26 billion hit from business overhaul; shares plunge
German FAZ: Stellantis cancels electric cars and writes off billions – the share price falls by 28 percent010540
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
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: 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
@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