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...The owner of the Fiat, Peugeot and Jeep brands on Wednesday said its capital expenditure commitment for the five years to 2030 was a record for the South American automotive industry....
...The owner of Jeep and Peugeot said it may need to cut costs further as it prepares to launch a new wave of EVs, which have lower margins than its petrol, diesel or hybrid models....
...But Stellantis has strengths, not least a vibrant US operation, with the profitable RAM pick-up trucks and Jeep vehicles. Yet ultimately this is a tale of two cultures....
..., which now owns Jeep....
...The owner of the Fiat, Peugeot and Jeep brands on Wednesday said its capital expenditure commitment for the five years to 2030 was a record by any carmaker for the South American automotive industry....
...Stellantis was formed by the merger of Peugeot owner PSA — which itself bought lossmaking Opel and Vauxhall from General Motors — and Fiat Chrysler, a business created when the bankrupt Chrysler was sold...
...While Modi has lauded India as the world’s fastest-growing large economy, Gandhi has dwelled on the grievances of farmers, lower caste Indians, small business owners and unemployed youth who feel left behind...
...US carworker strikes cost Chrysler owner Stellantis €3bn in lost revenues, the carmaker said on Tuesday, as it reported a rise in third-quarter sales....
...There are plenty of new Jeeps and Ford Broncos for sale at Jay Darling’s dealerships. At least for now....
...Guests reach it by jeep, on horseback or on foot, if they’re up to a little bushwhacking....
...“I have a deep respect for the lifestyle of my customers,” said Carlos Tavares, chief executive of Stellantis, the manufacturer of France’s Peugeot and Citroën as well as Jeep of the US, when asked about...
...Carlos Tavares, chief executive of Jeep and Peugeot owner Stellantis, said he expected the delays to push up shipping costs further for carmakers....
...Stellantis has posted record first half sales and profits as car sales the Peugeot and Jeep owner rose by volume and it sold more electric vehicles....
...“The group is a very important part of the country’s industrial history and it means one must have the courage to criticise choices made by the management and its owners if they are far from the Italian...
...Stellantis began building a new Jeep factory in Detroit in 2019, its first in nearly 30 years....
...This month, another company announced plans: Jeep owner Stellantis will invest $3.2bn alongside Korean battery maker Samsung SDI to build a second battery facility in Indiana....
...Carmakers including General Motors of the US and Peugeot and Jeep brand owner Stellantis have begun investing directly in mining companies in Australia, with “offtake agreements” for supply — promises to...
...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...
...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....
...Stellantis, the owner of Chrysler and Jeep, said today the six-week strike by US car workers had cost it €3bn in lost revenues, a day after General Motors reached an agreement to end the first co-ordinated...
...“It is always a big threat when other people catch up,” said Thomas Ingenlath, CEO of EV brand Polestar, which is majority owned by Volvo Cars and Li Shufu, owner of Volvo’s parent Geely....
...The chargers, which will feature in at least 80 locations, will be exclusively for Jeep owners initially, he said....
...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....
...As the Jeep and Peugeot owner reported a 26 per cent increase in earnings last year and a profit margin that was higher than its 2030 target, Carlos Tavares said carmakers would come under pressure to revive...
...Selling cars with higher prices and more features saw Jeep and Peugeot owner Stellantis increase profits by a quarter last year to €16.8bn and beat the margin target the company had set for 2030....
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