Tag: Stellantis NV
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Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain ground
Stellantis’ CEO urged European regulators to create incentives for carmakers to manufacture vehicles in the region amid competition from Chinese rivals.
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Ferrari’s chairman is bullish on AI. He’s less certain how businesses will cash in
Ferrari chair John Elkann played down AI bubble fears, but acknowledged investment in the technology could outpace revenue generation.
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GM says hybrid vehicles are coming: ‘We’re not tone deaf to our customers’
Hybrids are growing in popularity, as sales of the vehicles keep climbing.
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The jobs report, Nike’s China conundrum, Burger King’s franchise bet and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low
Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and its plans to be cash-flow positive by 2027.
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Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids
Cox analysts said Ford and General Motors are seeing sales lag because they don’t have many hybrid vehicles.
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As Trump and Xi meet, Chinese automakers could be a Pandora’s box for U.S. auto industry
Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufacturers.
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Jared Diamond: Why timing can matter as much as talent in leadership
Jared Diamond says timing, place and institutional conditions can matter as much as leadership traits in determining whether leaders make a difference.
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Volkswagen woes deepen as blue-chip index exit follows latest profit warning
Deutsche Bank analysts said the cut to VW’s operating profit forecast initially looks severe but keeps cash generation intact.
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‘It’s awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
Tariffs, soaring fuel prices and higher interest rates are squeezing American companies, particularly manufacturers, auto suppliers, retailers and transportation businesses.
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