Tag #Stellantis

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repubblica.it

🌐 75% Global Worthiness

Jul 21, 13:15

Stellantis Q2 Deliveries Drop 6% Amid US Tariff Impacts

Stellantis reported a 6% decline in global vehicle deliveries to 1.4 million units in Q2 2025, attributing the drop to US tariffs causing a €300 million expense increase and impacting stock prices. North American deliveries plummeted by 25%, while Europe saw a 6% decrease due to product transitions....

Stellantis Q2 Deliveries Drop 6% Amid US Tariff Impacts

Stellantis reported a 6% decline in global vehicle deliveries to 1.4 million units in Q2 2025, attributing the drop to US tariffs causing a €300 million expense increase and impacting stock prices. North American deliveries plummeted by 25%, while Europe saw a 6% decrease due to product transitions....

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What is the primary reason for Stellantis' significant drop in Q2 2025 vehicle deliveries, and what are the immediate financial consequences?

Stellantis reported a 6% drop in global deliveries to 1.4 million units in Q2 2025, primarily due to US tariffs impacting production. This resulted in a €300 million increase in expenses and negatively affected stock prices, which fell 3%.

welt.de

🌐 75% Global Worthiness

Jul 16, 13:15

Stellantis Halts Hydrogen Fuel Cell Development

Stellantis has stopped developing hydrogen fuel cell technology and canceled the launch of new hydrogen vans, citing the hydrogen market as a niche with no short-to-medium-term economic sustainability due to poor infrastructure, high costs, and lack of customer incentives; halting production of appr...

Stellantis Halts Hydrogen Fuel Cell Development

Stellantis has stopped developing hydrogen fuel cell technology and canceled the launch of new hydrogen vans, citing the hydrogen market as a niche with no short-to-medium-term economic sustainability due to poor infrastructure, high costs, and lack of customer incentives; halting production of appr...

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Climate Action

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What factors contributed to Stellantis's decision to abandon hydrogen fuel cell technology, and how do these challenges compare to those faced by competitors still developing hydrogen vehicles?

Stellantis's decision reflects broader challenges in the hydrogen fuel cell vehicle sector. The company previously expressed commitment to the technology despite weak demand, but ultimately concluded that the economic viability is lacking due to infrastructure limitations and high production costs. This decision impacts the future of hydrogen in the commercial vehicle market, with implications for other manufacturers.

bbc.com

🌐 85% Global Worthiness

Jul 3, 04:11

120,000 UK Cars Recalled Over Lethal Airbag Fault

Approximately 120,000 UK drivers face driving bans due to a safety recall of faulty airbags in Citroen C3 and DS3 models (2009-2019) after a fatal accident in France highlighted the risk of exploding Takata airbags, causing delays and inconveniencing owners.

120,000 UK Cars Recalled Over Lethal Airbag Fault

Approximately 120,000 UK drivers face driving bans due to a safety recall of faulty airbags in Citroen C3 and DS3 models (2009-2019) after a fatal accident in France highlighted the risk of exploding Takata airbags, causing delays and inconveniencing owners.

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Good Health and Well-being

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What is the immediate impact of the Citroen C3 and DS3 airbag recall on UK motorists, and what are the key safety concerns?

An estimated 120,000 UK motorists cannot drive their Citroen C3s and DS3s due to a safety recall of potentially lethal airbags. This follows a fatal accident in France, and owners report significant delays in repairs, impacting daily life. Stellantis, the manufacturer, acknowledges the inconvenience but offers no compensation.

elpais.com

🌐 85% Global Worthiness

Jun 23, 07:15

Renault CEO De Meo Departs for Kering

Luca de Meo, Renault's CEO, is leaving on July 15th to join Kering after successfully turning around Renault's performance following significant losses and navigating challenges like COVID-19 and the withdrawal from Russia; his replacement at Renault will be chosen quickly to avoid a Stellantis-like...

Renault CEO De Meo Departs for Kering

Luca de Meo, Renault's CEO, is leaving on July 15th to join Kering after successfully turning around Renault's performance following significant losses and navigating challenges like COVID-19 and the withdrawal from Russia; his replacement at Renault will be chosen quickly to avoid a Stellantis-like...

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What were the key challenges faced by Luca de Meo during his leadership at Renault, and how did his actions address them?

Luca de Meo, Renault's CEO, is leaving his position on July 15th to join Kering, a luxury group. His tenure at Renault involved turning around the company's performance after significant losses and navigating challenges like the COVID-19 pandemic and the withdrawal from the Russian market. He successfully launched the affordable electric Twingo, set to debut next year.

theglobeandmail.com

🌐 85% Global Worthiness

Jun 2, 01:12

Stellantis Appoints Filosa as CEO Amidst Financial Crisis

Stellantis appointed Antonio Filosa as CEO, replacing Carlos Tavares whose North American strategy caused a significant share value drop and sales decline; Filosa's success depends on overcoming these challenges and navigating US tariffs.

Stellantis Appoints Filosa as CEO Amidst Financial Crisis

Stellantis appointed Antonio Filosa as CEO, replacing Carlos Tavares whose North American strategy caused a significant share value drop and sales decline; Filosa's success depends on overcoming these challenges and navigating US tariffs.

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What immediate actions must Antonio Filosa take to address Stellantis's current financial crisis and declining North American sales?

Stellantis appointed Antonio Filosa as its new CEO after Carlos Tavares's failed North American strategy led to a 2/3 share value loss since early 2024 and a 20 percent sales drop in Q3 2024. Filosa, previously COO for the Americas, faces challenges including Trump-era tariffs and winning back North American buyers alienated by high prices under Tavares.

t24.com.tr

🌐 75% Global Worthiness

Apr 19, 13:14

Stellantis Acquires Tofaş: Conditional Approval on €256 Million Investment

Turkey's Competition Board approved Stellantis's acquisition of Tofaş, conditioned on a €256 million investment plan to boost production by 150,000 units annually by 2027 and measures to prevent anti-competitive distribution practices. This decision follows the rejection of an initial proposal and r...

Stellantis Acquires Tofaş: Conditional Approval on €256 Million Investment

Turkey's Competition Board approved Stellantis's acquisition of Tofaş, conditioned on a €256 million investment plan to boost production by 150,000 units annually by 2027 and measures to prevent anti-competitive distribution practices. This decision follows the rejection of an initial proposal and r...

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How did the Competition Board's review process address concerns about potential anti-competitive practices resulting from the merger?

The approval hinges on Stellantis's commitment to a €256 million investment plan for a new vehicle model, increasing Tofaş's production and export capacity, and safeguarding competition via distribution channel safeguards. This addresses concerns about potential market dominance and consumer choice limitations. The board considered feedback from numerous competitors during its review.

lefigaro.fr

🌐 75% Global Worthiness

Jul 21, 13:15

Stellantis Reports €2.3 Billion Net Loss in First Half of 2025

Stellantis announced a €2.3 billion net loss for the first half of 2025, primarily due to decreased sales in Europe and the US, charges from discontinued models, and temporary production halts responding to new North American tariffs; this contrasts sharply with the €5.6 billion net profit during th...

Stellantis Reports €2.3 Billion Net Loss in First Half of 2025

Stellantis announced a €2.3 billion net loss for the first half of 2025, primarily due to decreased sales in Europe and the US, charges from discontinued models, and temporary production halts responding to new North American tariffs; this contrasts sharply with the €5.6 billion net profit during th...

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How did the temporary production halts and the product transition in Europe impact Stellantis's financial performance in the first half of 2025?

The decline in sales is attributed to temporary production halts in response to new North American tariffs and the transition of product offerings in Europe. A €3.3 billion charge related to program cancellations and platform impairments further contributed to the loss. This contrasts sharply with the previous year's performance and highlights challenges in adapting to changing market dynamics.

repubblica.it

🌐 75% Global Worthiness

Jul 5, 04:10

Fiat Launches Hybrid 500 Production in Turin, Boosting Local Economy

Fiat's hybrid 500, starting production in Turin's Mirafiori plant in November 2024 with deliveries in December, aims to reduce temporary layoffs, involve 145 Italian suppliers (70 from Piedmont), and boost the local economy, with future electric versions planned for 2027 and 2030.

Fiat Launches Hybrid 500 Production in Turin, Boosting Local Economy

Fiat's hybrid 500, starting production in Turin's Mirafiori plant in November 2024 with deliveries in December, aims to reduce temporary layoffs, involve 145 Italian suppliers (70 from Piedmont), and boost the local economy, with future electric versions planned for 2027 and 2030.

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What is the immediate impact of the hybrid 500's production launch in Turin?

Fiat's CEO, Olivier François, announced the start of production of the hybrid 500 in Mirafiori, Turin, a key part of the Italia Plan. This is expected to reduce temporary layoffs at the plant and create a significant impact on the supply chain, involving 145 Italian suppliers. The first deliveries are scheduled for December, with a starting price of €17,000.

dailymail.co.uk

🌐 85% Global Worthiness

Jul 3, 16:14

Stellantis Faces Factory Closures Due to EU Emission Targets

Stellantis, parent company of Citroen, Fiat, Peugeot, and Vauxhall, may close factories due to the European Union's stringent CO2 emission targets, risking €2.5 billion in fines within two to three years unless it drastically increases EV sales or cuts ICE production, impacting thousands of jobs.

Stellantis Faces Factory Closures Due to EU Emission Targets

Stellantis, parent company of Citroen, Fiat, Peugeot, and Vauxhall, may close factories due to the European Union's stringent CO2 emission targets, risking €2.5 billion in fines within two to three years unless it drastically increases EV sales or cuts ICE production, impacting thousands of jobs.

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Climate Action

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What immediate consequences will Stellantis face if it fails to meet the EU's CO2 emission targets?

Stellantis, a major European automaker, faces potential factory closures due to the European Union's stringent CO2 emission targets. The company's CEO, Jean-Philippe Imparato, stated that meeting these targets requires either doubling electric vehicle sales—deemed impossible—or significantly reducing petrol and diesel car production, potentially leading to factory closures within two to three years.

torino.repubblica.it

🌐 75% Global Worthiness

Jun 7, 16:11

Stellantis Collective Bargaining Agreement Grants Significant Pay Raise to 60,000 Italian Workers

Stellantis, CNHI, Iveco, and Ferrari reached a collective bargaining agreement, granting a 6.6% base pay increase and two €240 bonuses to roughly 60,000 Italian workers in 2025-2026, contrasting with stalled national metalworking contract negotiations.

Stellantis Collective Bargaining Agreement Grants Significant Pay Raise to 60,000 Italian Workers

Stellantis, CNHI, Iveco, and Ferrari reached a collective bargaining agreement, granting a 6.6% base pay increase and two €240 bonuses to roughly 60,000 Italian workers in 2025-2026, contrasting with stalled national metalworking contract negotiations.

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How does the Stellantis agreement address the concerns of workers while considering the financial health and competitiveness of the company?

This agreement, reached after six months of negotiations, contrasts with the stalled national contract negotiations for Italy's metalworking sector. The Stellantis deal highlights the potential for targeted company-level agreements to address worker compensation even amidst broader industry-wide labor disputes. The agreement's structure, with staggered pay increases and one-time bonuses, suggests a strategy to balance worker demands with company competitiveness.

elmundo.es

🌐 85% Global Worthiness

May 6, 22:10

EU Faces Threat Over Small Car Regulations

Stellantis and Renault CEOs threatened the EU with production cuts in three years unless regulations favor small cars, whose market share dropped from 50% to 5%, heavily impacting Spain, France, and Italy, which produce more small cars than Germany.

EU Faces Threat Over Small Car Regulations

Stellantis and Renault CEOs threatened the EU with production cuts in three years unless regulations favor small cars, whose market share dropped from 50% to 5%, heavily impacting Spain, France, and Italy, which produce more small cars than Germany.

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Industry, Innovation, and Infrastructure

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What long-term consequences could result from a failure to adapt EU regulations to support the production and sale of small cars in Europe?

The automotive industry faces a pivotal moment. Failure to adapt regulations could lead to job losses and a decline in European small-car production. Continued focus on regulations favoring larger vehicles disadvantages smaller car manufacturers, potentially shifting production outside Europe. This would significantly impact the economies of countries heavily reliant on small-car production.

elmundo.es

🌐 65% Global Worthiness

Apr 12, 16:11

Peugeot CEO Outlines Strategy for Market Recovery and High-End Positioning

Peugeot CEO Alain Favey outlines the brand's strategy for regaining market leadership, focusing on a higher-end positioning, addressing quality concerns, and leveraging government incentives while acknowledging the rapid technological advancements of Chinese competitors.

Peugeot CEO Outlines Strategy for Market Recovery and High-End Positioning

Peugeot CEO Alain Favey outlines the brand's strategy for regaining market leadership, focusing on a higher-end positioning, addressing quality concerns, and leveraging government incentives while acknowledging the rapid technological advancements of Chinese competitors.

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Responsible Consumption and Production

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What are Peugeot's key strategic priorities in the current automotive market, and what specific actions are being taken to achieve them?

Peugeot's CEO, Alain Favey, aims to regain market leadership in France and consolidate European presence. The brand achieved a 6% market share in the EU29 during Q1 2025, a 0.3% increase year-over-year, driven by strong fleet and commercial vehicle sales. Favey highlights the success of mild-hybrid vehicles and plans to launch a new generation of plug-in hybrids with nearly 100km electric range.

Showing 13 to 24 of 74 results