Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
Maserati
EU Trade Deal Will Cost American Car Buyers, European Automakers Billions
U.S. and European trade negotiators reached the framework agreement on a new trade deal that will result in new, 15% tariffs on most European goods shopped to the States, including automobiles. That’s a sixfold increases from before and for buyers of products from brands like BMW, Mercedes-Benz, Fiat and Maserati, that could mean substantially higher prices. It could also hammer profits for those manufacturers – though U.S. negotiators hope the deal will see more production moved to the United States. More from Headlight.News.
Plunging $2.7 Billion into the Red, Stellantis Expects Even Bigger Hit from Trump Tariffs Later This Year
Stellantis reported a preliminary loss of $2.7 billion for the first half of 2025 – and the second half is looking to be even worse, the automaker warned Monday, putting much of the blame on Pres. Donald Trump’s automotive tariffs. Add program cuts and other issues and it creates some big challenges for new CEO Antonio Filosa. More from Headlight.News.
Stellantis Revives its SRT Performance Division Among Other Moves by New CEO
New Stellantis CEO Antonio Filosa isn’t wasting time. He’s shaking up the automaker’s executive ranks – the latest move seeing Ram boss Tim Kuniskis expand his roll to include North American Marketing and Retail Strategy – while also reviving the old Street and Racing Technology division better known simply as SRT. More from Headlight.News.
NY Auto Show Bringing Plenty of Previews – Here’s What You’ll Find
At least a half-dozen brands will be making news at this week’s New York International Auto Show, products such as the next-generation Subaru Outback and Kia EV4 among the mix. We may even get a few surprises. Here’s what we already know is on the list of debuts.
Stellantis Says: Quit Your Job, Get a Check
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.
All-Electric Maserati MC20 Reportedly Canned As Company Makes Swift Changes To Survive
A new report alleges Maserati has canceled the all-electric MC20 Folgore as the company moves to swiftly change its electrification plans as it continues to fight sliding sales and slumping demand for its products. Maserati is facing dark times as the Italian luxury...
Stellantis Shuffles the Deck Again While CEO Search Continues
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.
14 Models Driving Off Into the Sunset as 2024 Comes to a Close
Ashes to ashes, dust to rust. The life of an automobile is fairly limited. And the same can be said for automotive nameplates. With only the rarest exceptions, even the most popular badges have finite lives, as the Ford Model Y and Volkswagen Beetle proved. With the arrival of the 2025 model year there are still more nameplates set to drive off into the sunset, the Chevrolet Malibu being just one of the best-known examples. Here’s a look at some other product lines we won’t see going forward.
Stellantis CEO Carlos Tavares Claims Maserati’s Woes Due To Poor Marketing
As Maserati continues to struggle with poor sales and a sluggish transition into EVs, Stellantis CEO Carlos Tavares says that poor marketing is to blame for the brand’s ongoing woes.
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.
Maserati Bringing MC20 Derived Model To Pebble Beach
Maserati brushes off talk of it being sold by announcing that it will be bringing a new sports car model to Pebble Beach. Mysterious model might be based on the existing MC20 supercar and would give brand another halo offering.