Stellantis U.S. auto sales extend free fall in third quarter

Stellantis U.S. auto sales extend free fall in third quarter

Jeep vehicles are delivered to a dealership on June 20, 2024 in Chicago, Illinois.  Scott Olson | Getty Images DETROIT — Stellantis U.S. new vehicle sales continued a yearslong freefall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes. The Transatlantic carmaker reported U.S. sales Wednesday of … Read more

Why Stellantis, owner of Chrysler, Jeep and Ram, is struggling

Why Stellantis, owner of Chrysler, Jeep and Ram, is struggling

Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company’s sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis’ stock … Read more

Automakers Slash More Than 4 Million EVs From 2030 Sales Targets As Adoption Slows

Automakers Slash More Than 4 Million EVs From 2030 Sales Targets As Adoption Slows

Good morning! It’s Friday, September 27, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Automakers Now Aim To Sell 23.7 million EVs … Read more

‘If I Don’t Win, You Will Have No Auto Industry’ Claims Trump While Ranting About Chinese EV

‘If I Don’t Win, You Will Have No Auto Industry’ Claims Trump While Ranting About Chinese EV

Good morning! It’s Wednesday, September 18, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Chrysler 300C Ends Production 1st Gear: Trump Warns Pivot To EVs Will Kill America’s Auto Industry Election … Read more

Driver-Assist Systems Are Making Us More Distracted Drivers: Study

Driver-Assist Systems Are Making Us More Distracted Drivers: Study

Good morning! It’s Tuesday, September 17, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Property Brothers First Car Literally Spoke To Them 1st Gear: Driver Assist Systems Are Letting Us Get … Read more

‘Disaster Has Arrived’ At Stellantis As Dealers Call Out Damage Done To Brands

‘Disaster Has Arrived’ At Stellantis As Dealers Call Out Damage Done To Brands

Good morning! It’s Friday, September 13, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Property Brothers First Car Literally Spoke To Them 1st Gear: Dealers Call Out ‘Rapid Degradation’ Of Stellantis … Read more

Jeep CEO enacts turnaround plan after significant sales declines

Jeep CEO enacts turnaround plan after significant sales declines

 Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC DETROIT — Stellantis‘ Jeep brand is well known for scaling tough terrains, but its latest challenge of achieving 1 million vehicle sales domestically by 2027 will be a steep hill to climb. Jeep, a coveted brand in the automotive industry, has been in a U.S. … Read more

Dealers, UAW condemn Stellantis CEO over cuts, sales declines

Dealers, UAW condemn Stellantis CEO over cuts, sales declines

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023. David Dee Delgado | Reuters DETROIT – Stellantis‘ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales declines, factory production … Read more

Volkswagen Has ‘One, Maybe Two’ Years To Turn Itself Around

Volkswagen Has ‘One, Maybe Two’ Years To Turn Itself Around

Good morning! It’s Wednesday, September 4, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Volkswagen Could Soon Be In Deep Trouble Volkswagen is in deep shit. Now, its finance chief … Read more

Chrysler Not For Sale, Stellantis Won’t Kill Or Sell Any Brand

Chrysler Not For Sale, Stellantis Won’t Kill Or Sell Any Brand

Good morning! It’s September 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Property Brothers First Car Literally Spoke To Them 1st Gear: Stellantis Commits To All 14 Brands… For Now … Read more