NEW: Get Updates by Email

Sign Up Now

Jeep

Western Automakers Losing Ground in China; GM Takes $5 Billion Charge, May Close Plants

Western Automakers Losing Ground in China; GM Takes $5 Billion Charge, May Close Plants

by | Dec 4, 2024 | , , , , , , , , , , , , , , , ,

Not all that long ago, foreign manufacturers like General Motors, Ford and Volkswagen dominated the Chinese automotive market where, in some cases, they were making their biggest profits. Now, as domestic competitors like Geely and BYD gain traction, times have changed. On Wednesday, General Motors revealed plans to take more than $5 billion in charges to restructure its Chinese operations and is likely to close some of its plants there. But it’s far from the only international manufacturer struggling in the world’s largest automotive market.

CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless

CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless

by | Dec 2, 2024 | , , , , , , , , , , , , , , , ,

With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

by | Nov 7, 2024 | , , , , , , , , , , ,

Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

by | Nov 5, 2024 | , , , , , , , ,

Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.

Kia Tasman Offers Much to Like – But Will it Come to the U.S.?

Kia Tasman Offers Much to Like – But Will it Come to the U.S.?

by | Oct 30, 2024 | , , , , , , , , , ,

Kia launched its new Tasman pickup, a midsize truck that takes direct aim at two of the global market leaders, the Ford Ranger and Toyota Tacoma. The bold design is available in a variety of different body configurations and offers two different powertrain options. The question now is whether Kia will take a chance at prying open a niche in the U.S. market.

Scout Makes its Debut — But Buyers Are in for a Long Wait

Scout Makes its Debut — But Buyers Are in for a Long Wait

by | Oct 24, 2024 | , , , , , , , , , , , , , ,

It’s been 44 years since the last Scout model rolled off the assembly line. But the reborn brand made its debut Thursday night, outlining plans to return with a pair of off-road-ready light trucks and a mix of all-electric and “range-extending” drivetrains. Potential buyers now can plunk down a deposit – but they’ll have to wait until 2027 to take delivery.

Stellantis Lays Off 1,100 at Truck Plant, Closing Arizona Proving Grounds

Stellantis Lays Off 1,100 at Truck Plant, Closing Arizona Proving Grounds

by | Oct 21, 2024 | , , , , , , ,

In August, Stellantis warned it would lay off as many as 2,450 hourly workers. The first batch got their walking papers as 1,100 employees at its Warren Truck Plant, just north of Detroit. However, the cost cutting doesn’t stop there as the company revealed plans to shut down its Arizona Proving Grounds as well. Headlight.News has details.