Board Accepts Carlos Tavares' Resignation as  Chief Executive Officer Creation of Interim Executive Committee to be chaired by John Elkann New CEO will be appointed in the first half of 2025 Full yea
The Jeep, Fiat and Peugeot maker will announce the resignation later on Sunday.
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h

Car production in reverse as EV mandate weighs

03:43am, Thursday, 28'th Nov 2024
Car production slumped in the UK last month as manufacturers grappled with requirements to make up sales with electrics. Some 77,484 cars rolled off production lines in October, down 15.3%, or by 1
The Stellantis share price has been in a strong freefall in the past few months. It has dropped for eight consecutive months and is hovering at its lowest level since January 2023.
U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors, and raise prices of SUVs a
Stellantis will halt again auto assembly operations at its Mirafiori plant in Italy, which makes the electric Fiat 500 and two Maserati sport car models, from Dec. 2 to Jan. 5, the automaker said on W
Rules requiring carmakers to make up a proportion of sales with electric vehicles could be dialled down as companies grapple to hit targets against lacklustre demand. Britain's government on Tuesday f

3 Auto Stocks Sliding on Trump Tariff Concerns

02:35pm, Tuesday, 26'th Nov 2024
The auto sector is taking a hit today, after President-Elect Donald Trump announced his  latest tariff plans , which include a 25% tariff on goods from Mexico and Canada (higher than the proposed bla
The latest trade news out of the next Trump administration has markets on the move, hitting big automakers' shares and the stocks of America's neighbors.
Stellantis NV, owner of the Vauxhall brand, has announced plans to close its van manufacturing plant in Luton, England. The move comes as the automaker faces mounting pressure from the UK's stringent
Vauxhall parent Stellantis NV (NYSE:STLA, EPA:STLA) has unveiled plans to close its van-making factory in Luton, leaving doubt over 1,100 jobs at the manufacturer. Production of the company's vans wil
European auto-maker Stellantis said on Tuesday it planned to shut its Vauxhall van factory in Luton, southern England, putting more than 1,000 jobs at risk.
After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back. It takes a significant capital investment every time an automaker launches a new p
STLA introduces the STLA Frame for full-size body-on-frame pickup trucks and SUVs and delays the launch of the Ram all-electric pickup to the first half of 2025.
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