Being bigger isn’t always better. Stellantis has 14 separate auto brands which can be difficult to support after last year’s big losses. Under the new Fastlane 2030 turnaround plan, the automakers is keeping them all – but some brands fare better than others. Headlight.News looks at the winners and losers.
Aiming to reverse a series of setbacks to sales and earnings, Stellantis Thursday unveiled a $70 billion turnaround plan that will see it launch more than 60 new vehicles by decade’s end. But while markets from Europe to Africa to Asia should benefit, the Fastlane 2030 program depends disproportionately on two U.S. brands: Jeep and Ram. Headlight.News has more.
While it may have one of the most diverse brand portfolios in the industry, struggling Stellantis has a limited war chest to support them. So, going forward, new CEO Antonio Filosa plans to focus investments on just four of those marques. What happens to the other brands like Chrysler, Dodge, Lancia and Opel? Headlight.News has more.
Chrysler wants to show it remains a leader in the segment it originated in the 1980s, and the 2027 Chrysler Pacifica revealed at the New York Auto Show showed off the best of the model’s updates. Find out more at Headlight.News.
Auto shows. Remember them? In the years leading up to the COVID pandemic they were big events for automakers and auto buyers alike, but they’ve seemed stuck in lockdown ever since. Until now, anyway. This year’s New York International Auto Show promises to be the most...
The recent shuffle of top executives at Stellantis forced many to look again to see if Chrysler was still alive. If new leadership alone won’t assuage you, perhaps the arrival of the 2027 Chrysler Pacifica might. The updated offering gets tweaks worth checking out, which you can do at Headlight.News.
Mercedes-Benz officially unveiled its new VLE series and is determined to prove that minivans aren’t just for soccer moms anymore. If anything, the automaker wants you to think of this all-electric people-mover as a “grand limousine,” and it certainly delivers the appropriate ride and features. But Mercedes isn’t the only automaker recommitting to the minivan market, reports Headlight.News.
After years of falling off the shopping list for millions of American motorists, the minivan market is showing sudden signs of resurgence. Could buyers be growing tired of the SUVs and CUVs that had become the hipper alternative for those seeking family-haulers? Headlight.News has more.
In an era when broadcast television seems to be losing its grip, the Super Bowl remains an example of traditional “appointment TV,” something millions of Americans clear their calendars for. And automakers responded by investing millions of dollars to air lavishly produced commercials. That was especially true in the auto industry. Yet, the industry seems to be growing wary and there’ll be only a handful of brands staking a presence during the broadcast of Super Bowl LX, reports Headlight.News.
There were high hopes when Fiat Chrysler Automobiles and the PSA Group officially completed their merger on January 16, 2021. But things haven’t worked out quite as planned, the automaker now known as Stellantis struggling to reverse a sharp decline in sales and earnings. While the company insists it’s on the mend, some wonder if it would be better to consider this a failed experiment and break the company up. That notably includes former CEO Carlos Tavares. Headlight.News has more.
Stellantis will invest $13 billion to increase production and add new products in the U.S. market, the company revealed, noting that this will be the largest investment in the history of the Chrysler Corp. side of the trans-Atlantic automaker. It also marks a...
Strong sales by the Jeep and Ram brands helped Stellantis reverse its long sales slide during the third quarter, even as Volkswagen faltered in the face of a challenging economy. While U.S. auto sales are running stronger than expected, analysts still worry about the impact of tariffs and the federal government shutdown in the months ahead.