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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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Looking For Car With Turbo-Petrol Engine? 5 Popular SUVs To Consider
Turbo-petrol cars are generally considered fun to drive and are ideal for people who want a vehicle that is good for highway runs. Here we have a list of such models from brands like Maruti Suzuki, Tata Motors, and others.
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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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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
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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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"What I Should Do Next?": General Motors' Employee After Being Laid Off Via Email At 5 am
Adam Bernard, who served as Associate Director of Competitor Intelligence, shared his reaction in a LinkedIn post
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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.
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JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
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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.
-
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.
-
Looking For Car With Turbo-Petrol Engine? 5 Popular SUVs To Consider
Turbo-petrol cars are generally considered fun to drive and are ideal for people who want a vehicle that is good for highway runs. Here we have a list of such models from brands like Maruti Suzuki, Tata Motors, and others.
-
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.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
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."
-
"What I Should Do Next?": General Motors' Employee After Being Laid Off Via Email At 5 am
Adam Bernard, who served as Associate Director of Competitor Intelligence, shared his reaction in a LinkedIn post
-
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.
-
JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
