Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. That’s beginning to pay dividends for the company and investors. How the trans-Atlantic … Read more
Good morning! It’s Thursday, May 30, 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. Walter Isaacson On Elon Musk(s) 1st Gear: Elon’s Tesla Pay Package Faces A Ton Of Legal Hurdles In … Read more
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said Wednesday. … Read more
Good morning! It’s Friday, May 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. Tesla Had A Very Interesting Week 1st Gear: Tesla Sales Drop Another 12 Percent Tesla might have had … Read more
Photo: Stellantis UAW President Shawn Fain called out Stellantis as being “pathetic” in a recent Facebook live broadcast event for United Auto Workers union members. The multi-national automaker conglomerate recently fired scores of full-time workers from its Warren Assembly plant where the Ram 1500 and Jeep Wagoneer are built. Further engineering, tech, and software jobs were cut … Read more
Photo: Stellantis Jurisdictions around the world are imposing EV mandates, regulating ICE vehicles out of production and sale. This is probably a necessary step to prevent us all from drowning in our homes, but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis CEO Carlos Tavares, speaking to a group … Read more
Happy Tuesday! It’s April 16, 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. Even EVs Can’t Get A Break From The Heat 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla … Read more
Italy is not happy with Stellantis’ decision to produce Alfa Romeo’s first fully electric vehicle – called the Milano – abroad. In fact, Italy’s industry minister says the decision actually violates Italian law, and he’s actually not wrong. The Chrysler 300C Ends Production Earlier this week, the debilitatingly-Italnin automaker revealed its new Milano small SUV, … Read more
Good morning! It’s Monday, April 8, 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: Pickup Was Only Sector With Sales Drop In Q1 If you … Read more
Good morning! It’s Thursday, March 7, 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: Arsonists Shut Down German Tesla Plant For Weeks Tesla’s Gigafactory in Germany isn’t expected to have … Read more
