Stellantis reported Wednesday a 14% slide in revenues for the first quarter. The Euro-American automaker had previously forecast a turnaround later in the year but said during a webcast it was suspending future guidance in the face of Pres. Trump’s new auto tariffs. It joins GM and Mercedes in warning that sales and earnings could be at risk. More from Headlight.News.
The promised turnaround at Stellantis all but sputtered out during the first quarter as sales in the U.S. dropped by double digits. With the search for a new CEO still ongoing, the Euro-American automaker struggles to find its direction, reports Headlight.News.
Back when Lee Iacocca was running Chrysler the company famously offered motorists a chance to “Buy a Car, Get a Check.” These days, the automaker is part of a trans-Atlantic conglomerate and Stellantis has a new pitch aimed at its U.S. union workers: quit your job and get a check. More from Headlight.News.
EV adoption rates are middling, but trying to get traditional muscle car mavens to accept an all-electric model, like the new Dodge Charger Daytona, has the Dodge folks working overtime. The brand’s new Charger Virtual Experience gives them one more tool to do just that. Check out the story at Headlight.News.
Stellantis continues to navigate through troubled ties as the company admits its profits fell 70% during 2024 and says it won’t be profitable again until 2025.
Dodge CEO Matt McAlear acknowledges demand for sub $30,000 sports car and admits that there’s a market for one as more customers want an affordable performance car.
Stellantis continued its quest to put the right executives in the right jobs, in the wake of former CEO Carlos Tavares’ early exit late last year. The biggest change was having current Americas Regions COO Antonio Filosa take on the role of global leadership of Quality. Filosa remains a candidate to succeed Tavares, as well. Get details at Headlight.News.
Dodge reportedly accelerates the launch of the ICE-powered Charger as consumer demand and changing market conditions force the brand to alter plans for the model.
Pres. Donald Trump has warned he may announce tariffs of up to 25% against two major trade partners, Canada and Mexico, as early as Saturday, February 1. Additional tariffs targeting China may also be announced. The potential impact could be felt far and wide — especially in the auto industry, with manufacturers facing a threat to profits and consumers facing the risk of higher prices. Some familiar vehicles could also disappear from the market, especially entry-level models.
The new Jeep Wagoner S marks a major milestone for the Stellantis off-road brand as its first global all-electric vehicle. The 2-row SUV made its debut in New York last May but we’ve only now gotten a chance to see whether it can deliver on all its promises. To find out, Headlight.News headed out to San Diego this past weekend to put the electric Jeep through its paces.
The Chrysler brand reportedly has halted work on a midsize electric crossover based on the Airflow concept vehicle. The move comes late in development as the EV was to have reached market later this year. The decision echoes one made by rival Ford which has also responded to slowing growth in the EV market by killing off a planned 3-row crossover.
Once one of the most important auto shows in North America, if not the world, the annual Motor City event returned to its original January schedule after a brief summer run. But what has been renamed the Detroit Auto Show is a mere fraction of the size of what it was during its glory days. Headlight.News looks at what has happened — and why.