Stellantis continues to endure woes as the company confirms it has stopped production of the Fiat 500 due to low consumer demand with production not set to resume until November.
Fiat
Stellantis Announces Expanded Discounts To Clear Out Inventory
Stellantis announces massive expansion of discount programs as the company attempts to get rid of a growing overflow of inventory to free up room for future products while also continuing to navigate rough waters. Stellantis has had a rough 2024 so far with the...
Stellantis CEO Tavares May Be on His Way Out
Once one of the most respected executives in the auto industry, CEO Carlos Tavares is coming under withering fire from investors, dealers and employees as the company’s fortunes fade – especially in North America, its most profitable region. With his contract set to expire early next year, the automaker is considering whether it’s time for a management shake-up.
As Profits Sag and Inventories Bulge, Tavares Visits U.S.
With North American sales and earnings on the slide, Stellantis faces a number of challenges that have already led to some major changes in upper management and layoffs on the factory floor. And CEO Carlos Tavares is under mounting pressure to find a fix, reports Headlight.News.
CFO Warns Stellantis Could Sell Off Maserati
As it looks to potentially consolidate a list of 14 automotive brands, Stellantis could sell off its most exclusive, Maserati, due to weak sales, a senior official warned. That’s on top of several other brands which, Headlight.News reported last week, may be shuttered entirely.
Fiat 500e Giorgio Armani Could Be 1st of Several New Special Editions
Looking to build momentum for its latest – and now, all-electric – 500e, Fiat launches a special edition named for fashion legend Giorgio Armani. And it hints that it may bring a second new model to the U.S.: the Grande Panda crossover which debuted last month in both hybrid and all-electric form.
Flexibility is Key, Stellantis CEO Tavares Tells Investors – Though “Arrogance” Almost Knocked it Down
Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
Fiat Changes Course, Confirms Gas Engines Are Coming To 500 Hatchback
Fiat confirms that 500 hatchback will abandon its EV-only sales approach and will come with gasoline engines in an attempt to broaden its sales reach.
Alfa Romeo 4C Rises Again With Abarth 1300 OT, Production Limited To Five Units
Stellantis Heritage celebrates 75 years of Abarth tradition with the wild Abarth 1300 OT. The latest iteration of the OT uses the axed Alfa Romeo 4C as a base to help produce an unforgettable tribute to Fiat’s performance sub-brand.
First Drive: 2024 Fiat 500e
For the second time, Fiat is offering an electric version of its iconic Cinquecento. It’s far easier to justify purchasing given its longer range, while its price makes it somewhat affordable. Whereas buying an EV once meant settling for a Tesla of some kind, consumer...
Fiat Launches 500e BETA Club For Early Adopters, Early Delivery and VIP Events
Fiat rewards first wave of 500e owners with all-new BETA Club. Early adoption program rewards buyers with a special edition 500e and access to VIP events and other perks.
Fiat Expands 2024 500e Lineup With Special “Inspired By” Music and Beauty Trims
2024 Fiat 500e Inspired By series builds on Music and beauty with exclusive features, a state-of-the-art Level 2 ADAS system, and value focused pricing ladder.