The Latest Breaking News from Stellantis

Carvana is getting into the new car business. The company has been selling used cars online since its inception in 2012, but it has just acquired its first new car dealership. The company bought a Stellantis retailer in Arizona where it’s based, expanding into a new segment after nearly going…

It's understandable why so many automakers have moved away from selling no-frills cars. Profit margins are smaller when you're not charging extra for features we take for granted in modern cars. Relevant examples include touchscreens, alloy wheels, and electric windows. But some mainstream brands have crunched the numbers and found…

President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry

A big question mark hangs over the future of Aston Martin's debut EV and more electrified product from Maserati.

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since 2021, when Fiat Chrysler Automobiles (FCA) and Peugeot Citroën (PSA Group) officially tied the knot, finalizing their…

Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.

Profits at Stellantis fell a staggering 70 percent in 2024. You don't have to be a financial wizard to know that's a very hard hit. Translated into cash, it's a net profit of 5.5 billion euros, or $5.7 billion in US currency. By the time you factor in expenses and…

I have to admit that I wasn't expecting yesterday's Lucid Motors' fourth-quarter earnings call to be an especially interesting one. The company has its marching orders: ramp up production of the Lucid Gravity SUV in particular, double car production overall and move its groundbreaking electric vehicle technology to a new…

Sportscar maker says priority is plug-in hybrids, while cutting costs will reduce global workforce by 5%

It may be almost March, but sales figures for last year are still coming in. Predictably, Maserati had a terrible year, and after seeing the numbers, many would argue it was actually worse than expected. Today, parent company Stellantis released full-year results, showing the company with the trident logo fell…

Europeans saw an overall decline in new car sales in January compared to the same month in 2024, but without surging EV sales, it would have been even worse, as new data from the European Automobile Manufacturers Association shows. Some automakers saw overall increases year over year. But others, like…