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Mercedes pledges cost cuts after China slump hits margin
RetailMercedes pledges cost cuts after China slump hits margin
By William Wilkes and BloombergOctober 25, 2024
Tesla now says cheaper cars are on the horizon—including possibly the rumored Model 2—after reportedly scrapping its plans for a $25,000 vehicle earlier this year
TechTesla now says cheaper cars are on the horizon—including possibly the rumored Model 2—after reportedly scrapping its plans for a $25,000 vehicle earlier this year
By Marco Quiroz-GutierrezOctober 24, 2024
Workers assemble the new Volkswagen ID.4 electric sport utility vehicle (SUV) at the VW factory on September 18, 2020 in Zwickau, Germany. Volkswagen will officially present the ID.4 towards the end of September. In addition, Volkswagen also produces the smaller ID.3 at the Zwickau plant. Both cars are meant to lead the company towards mass sales in the electric car market and provide it with strong competition against rival Tesla.
FinanceGermany’s lost decade: How the Fortune 500 Europe giant is flirting with long-term irrelevance
By Ryan HoggOctober 22, 2024
Fiat 500 are parked at the Mirafiori Stellantis' factory in Turin, on April 10, 2024. To meet the growing demand for electrified vehicles and the ambitious targets presented in the Dare Forward 2030 strategic plan, Stellantis and its joint venture partner, Punch Powertrain, signed a new agreement increasing production of the future-generation electrified dual-clutch transmissions (eDCT) for Stellantis hybrid and plug-in hybrid electric vehicles (PHEV).
RetailFurloughed Italian Fiat workers are struggling to pay their mortgages amid Stellantis crisis
By Ryan HoggOctober 17, 2024
A panel during Fortune's Most Powerful Women summit.
ConferencesWhat America can learn from China—and Uber—about boosting EV adoption
By Alena BotrosOctober 15, 2024
An image of BYD executive vice president Stella Li.
RetailBYD to woo European EV buyers, but not for less than €25,000
By Monica Raymunt and BloombergOctober 15, 2024
Stellantis CEO Carlos Tavares (C) answers journalists' questions after attending a visit of the production line of the new Peugeot e-3008 and e-5008 electric car at the Stellantis car factory in Sochaux, eastern France on October 3, 2024.
RetailItalian carmaker Stellantis overhauls C-Suite as CEO set to retire in 2026
By Ryan HoggOctober 11, 2024
Carlos Tavares, chief executive officer of Stellantis NV, at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Stellantis is struggling with slowing and more competitive auto markets across Europe, where electric-vehicle demand is waning.
RetailStellantis has ‘misplaced belief in its own pricing power’ as U.S. struggles continue, Bernstein says
By Ryan HoggOctober 10, 2024
The ''BYD Explorer No. 1'' car carrier is being loaded with new energy vehicles for export at the port of Yantai, Shandong Province, China, on January 10, 2024.
TechChina reportedly offered to sell EVs for a minimum of €30,000 in Europe, half the average price of EVs in the region
By Ryan HoggOctober 9, 2024
Frank B. Rhodes Jr.
CommentaryChrysler and Dodge face mortal peril under Stellantis. It’s time for a change
By Frank B. Rhodes Jr.October 7, 2024
Ola Kaellenius, chief executive officer of Mercedes-Benz Group AG, at the Berlin Global Dialogue in Berlin, Germany, on Wednesday, Oct. 2, 2024.
TechMercedes-Benz CEO says auto market is in a ‘Darwinian battle’ as German carmakers flounder
By Ryan HoggOctober 3, 2024
diptych of kamala harris and donald trump
CommentaryTrump vs. Harris: How EV adoption will be affected by who wins the election
By Kenneth K. BoyerOctober 2, 2024
EV sounds should feel rooted in the real world, for public safety and other reasons.
CommentaryElectric vehicles don’t need to sound like the future—even if they are the future
By Paul AmitaiSeptember 27, 2024
European carmakers call for urgent action to avoid billions of euros in climate fines
RetailEuropean carmakers call for urgent action to avoid billions of euros in climate fines
By Albertina Torsoli and BloombergSeptember 19, 2024
EV price parity with gas vehicles is closer than you think
CommentaryEV price parity with gas vehicles is closer than you think
By Steve PattonSeptember 13, 2024
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