Starting January 1, 2025, automobile manufacturers in Europe must reduce carbon dioxide emissions by 15% from 2021 levels. Companies like Stellantis, Toyota, Ford, Mazda, and Subaru plan to buy emission credits from electric vehicle manufacturers like Tesla and Volvo to…
Depuis 2016, au moins 15 décès en France sont liés à des airbags défectueux fabriqués par Takata, dont 14 en outre-mer. L’incident récent de Tom Benquet, blessé gravement par un airbag, met en lumière le retard des rappels et l’absence…
In 2024, the French automobile market recorded a total of 1,718,417 new car registrations, marking a 3.2% decline. Stellantis experienced the steepest drop at 7%, selling 452,900 vehicles, including brands like Citroën and Peugeot. Renault’s registrations fell by 2.7%, while…
The Cactus de la consommation awards by 60 millions de consommateurs expose harmful corporate practices, with Temu receiving the Cactus d’or for unreliable and potentially dangerous products. Nestlé garnered the Cactus d’argent for treating its mineral waters, misleading consumers about…
Stellantis plans to invest 2 billion euros in Italy by 2025, alongside a commitment to maintain jobs and production sites despite facing a tough year. Jean-Philippe Imparato, Stellantis’s European head, outlined a strategy to enhance hybrid vehicle production, with specific…
After a day of negotiations, Trasnova and Stellantis suppliers have successfully avoided layoffs, leading to celebrations among workers who view this as a collective victory. However, the underlying issues remain, prompting unions to demand a more structural solution for the…
Italian Minister of Enterprises and Made in Italy, Adolfo Urso, has called for a meeting on December 17 to discuss a sustainable plan from Stellantis aimed at boosting production and investments in Italy while preventing layoffs. Additionally, Uil leader Pierpaolo…
Carlos Tavares has been ousted as CEO of Stellantis after a decade at the helm, facing pressure from the board due to strategic differences. Tavares, who previously revitalized Peugeot and led the merger with Fiat Chrysler, leaves behind a company…
Shares of Stellantis, the Franco-Italian-American automaker, fell significantly on December 2 after the resignation of CEO Carlos Tavares. The stock dropped as much as 8.71% in early trading, reflecting broader struggles in the automotive sector, including declines in shares for…
Carlos Tavares has resigned as CEO of Stellantis following pressure from the board, triggering reactions from employees. Union representative Jean-Pierre Mercier asserts that despite the leadership change, job cuts and factory closures are expected to continue, particularly with upcoming closures…
Carlos Tavares has resigned as the CEO of Stellantis effective immediately, following pressure from the board amid concerns over his management style. His departure includes a substantial compensation package estimated in the tens of millions of euros. Tavares was the…
The DAX index is expected to start December with slight losses, opening at 19,609 points. Investors are hopeful for a year-end rally that could push the index toward 20,000 points. Positive performances from US indices and key remarks from market…
