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The Latest Breaking News from Stellantis

Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites

Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.

Fortune

Stellantis Trims 2024 Profit View On China Woes

Based on the new and updated 2024 market outlook of the company, the adjusted operating income margin (AOI) for FY 2024 is expected to be between 5.5-7.0%, down from the prior "double digit."

International Business Times

Vauxhall owner warns on profits amid falling sales and tougher Chinese competition

Stellantis slashes growth forecast, with Aston Martin maker also warning of problems as car industry’s woes deepen

The Guardian - UK

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Italy's carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

Italy's carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider automobile industry faces a slump and increased Chinese competition

The Independent UK

Stellantis Has Way Too Many Unsold Cars

It wants to lower inventory by offering bigger discounts on older cars.

Motor1

Stellantis CEO's Answer To EV Tariffs: Just Be More Like China

Stellantis wants to catch up with the burgeoning EV industry by adopting a low-cost mindset as Chinese carmakers.

InsideEVs

Italian Automotive Workers To Strike Over Stellantis Production Decline

Italian automotive workers to strike over Stellantis production decline and CEO change.

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Italy's automotive workers plan to strike on Oct. 18 over a fall in output at Stellantis

Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining output from Stellantis, the biggest carmaker in the country

The Independent UK

Pulling The Plug On EVs? The Wild Fight Over Ending Subsidies

Today on Critical Materials: EV subsidies on the chopping block, Stellantis could be looking for a new CEO, and Cruise is headed back to California.

InsideEVs

Maserati's Problems Go Deeper Than Marketing

The CEO of Stellantis blamed Maserati’s recent problems on marketing. But the issues go much deeper than that.

Motor1

Stellantis Is Already Looking for a New CEO

Carlos Tavares' contract expires in January 2026 and might not be renewed.

Motor1

Struggling Jeep and Ram maker Stellantis is searching for an new CEO

Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s part of a normal leadership succession plan

The Independent UK

The Feds Are Targeting Giant Vehicles. What Does It Mean For EVs?

U.S. regulators may finally address the size and weight problem of new cars. Plus, Europe's EV woes put investors in a foul mood.

InsideEVs

EVs Could Be 24% Of Europe's Car Market By 2025. But Who Will Make Them?

A wave of new affordable electric models below €25,000 could change the game in Europe. But will they be made in Europe or in China?

InsideEVs

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InsideEVs

Chinese EVs Can Undercut American EVs Even With Tariffs

China's grip on the electric vehicle supply chain is so strong that despite U.S. tariffs, some models can still undercut American rivals.

Motor1

Stellantis Blames Bad Marketing for Maserati's Poor Sales

Deliveries in the first half of 2024 plummeted by more than 50%.

Motor1

Stellantis Boss: The Auto Industry Is in 'Survival Mode'

Carlos Tavares says Stellantis needs to reach cost parity between gas and electric cars to stay alive.

The Guardian - US

UAW threatens strike at ‘out of control’ Stellantis over factory commitments

The union has accused the company of refusing to provide information about 2023 contract promises

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Motor1

Dodge Is Bringing Back the Stealth... As an SUV

It’ll allegedly replace the Durango that’s ending production in 2027.

International Business Times

Stellantis Faces Unfair Labor Practice Charges From UAW

The UAW union said it filed the charges with the National Labor Relations Board against Stellantis, claiming that the company unlawfully withheld details about plans to move Dodge Durango production from a Detroit factory to one in Canada, according to a report.

Motor1

Which Stellantis Brands Have the Highest Potential?

Carlos Tavares has given each brand a of them a ten-year period to determine their viability. Will they all survive?

InsideEVs

Jeep Is Desperate For A Turnaround

Jeep is missing from a critical segment in the U.S., the mid-size crossover. Maybe a future electric model can fill that void.

InsideEVs

Fiat Shutting Down 500e Plant For Four Weeks Due To Low Demand

The brand also says it will upgrade the factory to produce a hybrid 500e starting in 2025 or 2026.

The Guardian - UK

Production of electric Fiat 500 halted for lack of European orders

Stellantis suspends output for four weeks after it becomes latest carmaker to be hit by slowdown in EV sales

Top News

UAW Threatens Strike Over Stellantis' Delayed Plant Reopening

Dispute between UAW and Stellantis over delayed plant reopening raises job security concerns.

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