Wednesday, 9 April 2025

Focus on Stellantis

Stellantis’s complete product lineup includes the brands Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

FILE PHOTO: 2021 Jeep Grand Cherokee L vehicles are seen on the final line at the Detroit Assembly Complex - Mack Plant in Detroit, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTrade

Stellantis aims to cut North America inventories by 100,000 by early-2025, CFO says

Stellantis aims to reduce North American inventories by 100,000 vehicles by 2024, cutting 40,000 units so far.

A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsPoliticsTransport

White House touts $1bn fund to help auto suppliers retool for EVs

Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...

FILE PHOTO: Chairman of Ferrari and Stellantis John Elkann attends an event to inaugurate Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
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Stellantis chair Elkann targeted in 75 million euro seizure over alleged tax fraud

The investigation, opened earlier this year, alleges Elkann did not pay tax on assets he and his siblings inherited after the death of...

FILE PHOTO: Cars are parked near the power station of the Volkswagen plant in Wolfsburg, Germany, September 4, 2024.  REUTERS/Stephane Nitschke/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

EU car sales at 3-year low in August, EV sales plunge 44%

European EV sales continue to show decline amid broader slump, with manufacturers calling for action to stop further falls.

FILE PHOTO: The rear window of a Waymo Chrysler Pacifica robotaxi is seen while parked at a Target store in Tempe, Arizona, U.S., August 31, 2021. REUTERS/Paresh Dave/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

Waymo in talks with Hyundai Motor to produce self-driving taxis: report

Waymo is in talks with Hyundai to use its Ioniq 5 for self-driving tech, potentially shifting away from China's Zeekr amid U.S. tariffs.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourManufacturingNews

Stellantis faces unprecedented UAW strikes a year after national walkout

The United Auto Workers union may strike Stellantis' U.S. plants, citing contract breaches and struggling U.S. operations.

FILE PHOTO: Car miniature, "Electric vechicles (EVs)" words, EU and Chinese flags are seen in this illustration taken, September 26, 2023. REUTERS/Dado Ruvic/Illustration//File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

EVs could reach 24% EU car market share by 2025

Battery-electric cars (BEVs) sold in the European Union are set to reach a market share of 20-24% by 2025.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Poissy, near Paris, France, September 4, 2024. REUTERS/Sarah Meyssonnier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourManufacturingNews

UAW files unfair labor practice charges against Stellantis

The United Auto Workers union said on Monday it has filed unfair labor practice charges against Stellantis.

FILE PHOTO: Employees work at the Northvolt facility in Vasteras, Sweden, September 29, 2021. REUTERS/Helena Soderpalm/File Photo
AnalysisElectric Vehicles (EVs)PoliticsStorage

Struggling Northvolt stokes fear for Europe’s battery future

Northvolt's decision to cut jobs and scale back operations raises doubts about Europe's bid for a leading EV battery maker.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Poissy, near Paris, France, September 4, 2024. REUTERS/Sarah Meyssonnier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Carmakers adjust electrification plans as EV demand slows

Lowering targets, increasing hybrid production and changing timelines — how car manufacturers are responding to weak EV demand.

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