Stellantis CEO Carlos Tavares promises massive job cuts as Stellantis attempts to restructure its operations. Several plants and even the company’s HQ building in Auburn Hills are all potential targets for job cuts.
Stellantis
Automakers Face “The Most Uncertain and Volatile” Times in Industry History
The auto industry is in the midst of the most unsettling shake-up its seen in more than a century and that’s likely force radical change in not only what products manufacturers bring to market but how and where they sell them. For one thing, Detroit automakers should consider pulling out of China, said Bank of America analyst John Murphy as part of his annual “Car Wars” study.
Jeep Extends Departure of Wrangler 392 Final Edition
Just a few months after Jeep officials announced the end of Wrangler 392 would come at the end of this model year, it’s rethought the plan. Now it will extend the swan song of the most powerful Wrangler into the 2025 model year. Get details at Headlight.News.
Rearview Camera Problem Forces Stellantis to Recall 1.16M Vehicles
A software glitch preventing the rear view cameras from displaying images on the vehicle’s touchscreen necessitated a recall of 1.16 million Stellantis vehicles. The cameras are equipment on vehicles in the Ram, Jeep and Chrysler vehicles in the U.S. and Canada. Find out more at Headlight.News.
New Study Finds Tesla the “Most American-Made” Brand – But Foreign Marques Dominate
Tesla leads the list of the most “American-made” vehicles, with three of its product lines in the top 10, according to a new study. With one exception, the rest of that list was dominated by European and Japanese manufacturers.
Elon Musk Gets $56 Billion – World’s Fastest EV – $25,000 Jeep EV – 2024 BMW X5 Competition Review and More in This Week’s Headlight.News Podcast
This week's edition of the Headlight.News podcast focuses on Elon Musk getting his $56 billion dollar pay package and the emergence of the world's fastest EV from an unlikely place. Meanwhile, we also talk about Jeep's planned $25,000 EV and review the 2024 BMW X5...
Jeep Confirms $25,000 Renegade EV Coming in 2027 – Offers First Details
Jeep will introduce a $25,000 EV in 2027, officials from parent Stellantis confirmed on Thursday. CEO Carlos Tavares – who first dropped hints about the affordable offering last month – added a number of other details during a meeting with investors.
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.
No EV Slowdown for GM, May Brought “Best Month Ever,” Says CEO Barra
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.
Mopar Releases Annual Special Edition Vehicle
Each year, Mopar, the aftermarket business for Stellantis, puts together a special edition vehicle using components from its portfolio. This year the business unit took on the Jeep Gladiator for a limited run of 250 vehicles. Get details at Headlight.News.
Ram 1200 To Make Debut In Mexico, Could Preview a Potential Future Model for The U.S.
Ram’s 1200 pickup signals return to the compact truck segment. Peugeot technology and sturdy platform make 1200 standout
Shift to Plug-in Hybrids and Range-Extenders Accelerates
While growth in the battery-electric vehicle segment has slowed sharply this year, sales are rising fast for hybrids – and automakers like Toyota, General Motors, Hyundai Motor Group and others are forecasting demand could grow at a near exponential rate for plug-in hybrids and range-extenders – driven in part by revised federal emissions standards.