Search results
Stellantis CEO Threatens to Axe Brands That Aren't Turning a Profit
Road and Track· 2 days agoThe automotive conglomerate known as Stellantis owns 14 different automotive brands — a number that...
Stellantis CEO Says ‘No Taboos’ on Brands as Profit Plummets
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Stellantis NV floated the possibility of shedding one or more of the auto giant’s 14...
Banxa Appoints Co-CEOs To Lead The Business Into The Next Chapter
CNW· 2 days agoThis strategic move aims to leverage their combined expertise to propel Banxa into a new era of...
Carmaker Stellantis pledges to tackle problems in North America as profits plunge
CTV News· 2 days agoU.S.-European automaker Stellantis reported net profits down by half in the first half of the year...
ALT5 Sigma Reports 99% Year-Over-Year Increase in Transaction Volume to Over US $879 Million for...
Digital Journal· 2 days agoMerchants have the option to convert to fiat currency (s) automatically or to receive their payment in digital assets. ALT5 Prime is an electronic over-the-counter trading ...
Stellantis triggers government scrutiny with Comau stake sale
Reuters via Yahoo Finance Canada· 2 days agoMILAN (Reuters) -Carmaker Stellantis has agreed to sell a majority stake in its robotic unit Comau...
Stellantis to reduce output, cut prices after earnings plunge on weak N.A. results
Automotive News· 2 days agoThe company has already extensively cut costs, with €500 million more in savings planned for the second half. Analysts at Citi said in a note they expect Stellantis's problems to continue. " ...
Tesla, Fiat, Dacia gain from Italy CO2 incentives
Automotive News· 2 days agoDacia was boosted by a 69 percent sales rise to 7,625 for the Sandero small hatchback, which finished behind the Panda. Toyota was also positively affected by the eco bonus, increasing June ...
Stellantis ready to axe brands and fix U.S. problems, CEO says
The Globe and Mail· 2 days agoThe warning for lossmaking brands is a turnaround for Mr. Tavares, who has maintained since...
US market proves a headache for global carmakers
Reuters via Yahoo Finance Canada· 2 days agoLONDON/DETROIT (Reuters) -Problems in the highly competitive U.S. car market including weak prices, high inventories and difficult logistics dented...