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Stellantis Rethinks Electric Vehicle Strategy Amid Heavy Losses
US auto giants Ford and General Motors also recently announced multibillion-dollar write-downs as they pull back on EVs.
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Stellantis Posts 22.3 Billion Euro Annual Loss In 2025
Stellantis, Ford and General Motors have all incurred heavy balance sheet charges which reflect lower-than-expected electric car sales in the United States.
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General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
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US Auto Union Welcomes "Some Use Of Tariffs" On Auto Manufacturing
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."
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The Jaguar Land Rover Story: How Ratan Tata Triumphed After Ford Snub
The story of how Ratan Tata, snubbed and humiliated by the Ford Motor Company when trying to sell a car production unit in 1999, turned the tables by buying two of its biggest brands a mere nine years later.
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Ford To Return To India After 2 Years With Reopening Of Chennai Plant
Automotive giant Ford Motor Company has announced its plans to resume operations in Tamil Nadu.
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Ford Drives Back To India, Chennai Plant To Reopen After 2 Years
Ford Motor plans to restart a manufacturing plant for exports in Tamil Nadu, India, the company said on Friday, potentially re-entering a market it exited three years ago.
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Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu
Ford Motor held talks with Tamil Nadu to explore producing vehicles for export, chief minister MK Stalin said, potentially signalling that the US carmaker could restart production in India after exiting the country three years ago.
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Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule
Tesla Cybertruck pickup was delivered to customers earlier this week, arriving two years behind schedule. The new pickup offers a lower driving range compared to the figures promised by CEO Elon Musk, but comes with a much higher price tag. The Cybertruck will face competition from Ford's F150 Lightning, Rivian Automotive's R1T and General Motors' ...
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Ford, General Motors Lay Off 500 US Auto Workers Due To Strike
Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.
-
Stellantis Rethinks Electric Vehicle Strategy Amid Heavy Losses
US auto giants Ford and General Motors also recently announced multibillion-dollar write-downs as they pull back on EVs.
-
Stellantis Posts 22.3 Billion Euro Annual Loss In 2025
Stellantis, Ford and General Motors have all incurred heavy balance sheet charges which reflect lower-than-expected electric car sales in the United States.
-
General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
-
US Auto Union Welcomes "Some Use Of Tariffs" On Auto Manufacturing
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."
-
The Jaguar Land Rover Story: How Ratan Tata Triumphed After Ford Snub
The story of how Ratan Tata, snubbed and humiliated by the Ford Motor Company when trying to sell a car production unit in 1999, turned the tables by buying two of its biggest brands a mere nine years later.
-
Ford To Return To India After 2 Years With Reopening Of Chennai Plant
Automotive giant Ford Motor Company has announced its plans to resume operations in Tamil Nadu.
-
Ford Drives Back To India, Chennai Plant To Reopen After 2 Years
Ford Motor plans to restart a manufacturing plant for exports in Tamil Nadu, India, the company said on Friday, potentially re-entering a market it exited three years ago.
-
Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu
Ford Motor held talks with Tamil Nadu to explore producing vehicles for export, chief minister MK Stalin said, potentially signalling that the US carmaker could restart production in India after exiting the country three years ago.
-
Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule
Tesla Cybertruck pickup was delivered to customers earlier this week, arriving two years behind schedule. The new pickup offers a lower driving range compared to the figures promised by CEO Elon Musk, but comes with a much higher price tag. The Cybertruck will face competition from Ford's F150 Lightning, Rivian Automotive's R1T and General Motors' ...
-
Ford, General Motors Lay Off 500 US Auto Workers Due To Strike
Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.
