Hints and tips:
...Stellantis, which owns Peugeot and Jeep, posted a bigger than expected fall in revenues to €41.7bn in the first quarter, driven by a weaker performance in its European heartlands....
...She added that the carmaker, which owns Jeep, Ram and Peugeot and is planning to launch eight electric models in the US this year, needed to cut costs....
...Stellantis, which also produces European brands such as Peugeot and Fiat and owns the Jeep brand in the US, said demand was strong in its key markets, including in the US....
...Stellantis, the group behind the Jeep and Chrysler brands, has not yet said how much the strike is setting it back....
...That deal was soon followed by a €1.5bn investment in Chinese EV start-up Leapmotor by Stellantis, which makes Jeep cars in the US and owns the Fiat and Citroën brands in Europe....
...The group, which makes Jeep cars in the US and also owns the Fiat and Citroën brands in Europe, on Wednesday posted record first-half revenues of €98bn, helped largely by higher shipments, as profits also...
...It will launch the first electric pick-up truck, a battery version of its best-selling Ram 1500, next year, having launched the first electric Jeep model this year....
...Separately, Jeep and Maserati owner Stellantis reported a 14 per cent rise in revenues for the first three months of the year because of high prices holding steady....
...The plethora of Stellantis brands, which include Jeep, Chrysler, Peugeot and Fiat, are a source of further bewilderment....
...A year earlier, carmaker Stellantis had announced it was closing the assembly plant in Belvidere, laying off 1,200 workers who make the Jeep Cherokee....
...A quirk in CLOs starts to bite private equity The slowdown in Wall Street’s lucrative CLO machine is starting to pinch corporate America....
...Stellantis, the owner of Jeep and Peugeot, said sales in the third quarter climbed 29 per cent to €42.1bn....
...But he added that Stellantis, which owns BMW rival Alfa Romeo as well as Jeep and Peugeot, was protected this year because of its strong order book....
...Net profit at Stellantis, the Jeep and Peugeot owner, rose by a third to €8bn, driven by record North American margins of 18 per cent....
...Tesla’s autopilot system collects enormous amounts of visual and geolocation data that is used to improve its corporate “hive mind”....
...Those specialists are the corporate descendants of the 1980s “spin and grin girls”, who displayed the cars on turntables but were barred from talking about them....
...Half of the sales from the Jeep and Ram owner in the US will be fully electric by the end of the decade, while upmarket brands Alfa Romeo and Maserati will only launch battery models after 2025, the company...
...Corporate results this week offered some pointers on the development of Covid vaccines and therapies....
...The Jeep and Fiat owner had planned to begin producing vans for export at Kaluga, about 120 miles south of Moscow, to meet growing demand....
...Ford, which competes directly with FCA’s brands such as Jeep and Ram, expects to lose half its production in the second quarter, in a setback that will cost the carmaker billions, while Renault has also...
...fee-hungry advisers telling him he is a visionary and branding his creation a mythical unicorn, it is almost understandable that he keeps a hair stylist on staff, snowboards to work behind a colleague’s Jeep...
...A 1959 General Motors promotional film follows the orderly, glamorous process by which corporate America generated designs for delicious-looking sedans in ice-cream hues....
...(One morning, I woke to the sound of helicopters ferrying in Tel Aviv-based investment bankers to a corporate retreat.)...
...The company announced two important products during the second quarter, the revamped F-150 and the revived Bronco, brought back into production to compete with Fiat Chrysler’s Jeep....
...The Jeep- and Ram-owner suffered a global sales drop of 63 per cent to 424,000 vehicles, with revenues declining 56 per cent to €11.7bn, as the global pandemic hit consumer spending....
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