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President Trump answers questions from the press after announcing tariffs on China would be cut following weekend talks.
AUBURN HILLS, Mich., May 12, 2025 /PRNewswire/ -- Grand-prize winner Ryan Panizzoli receives a summer internship in Ram Truck design studio and invitation to be student judge at the prestigious EyesOn Design car show Felix Bucaro takes second place while Owen Bronson places third Drive for Design educates and encourages prospective students to pursue careers in automotive design Three talented high school students are the winners of the 2025 Stellantis Drive for Design contest.
Ford and GM warned earlier this week that tariffs would cost them billions of dollars.
A group representing General Motors , Ford and Stellantis blasted President Donald Trump's trade deal announced with the United Kingdom, saying it would harm the U.S. auto sector.
Carmaker Stellantis will cut up to 500 jobs through voluntary exits at its Melfi assembly plant in southern Italy, which employs around 5,000 people, the Fiom-Cgil union said on Wednesday in a statement.
Stellantis faced significant challenges, including declining market share in North America, excess inventory, and gaps in its portfolio, leading to a halved AOI margin. The company's profitability is under pressure, with net revenues down 14% YoY and shipments declining by 9%, prompting a suspension of its 2025 guidance. STLA's valuation appears low, but given the industry's cautious investor sentiment, EPS growth is unlikely, making the stock a hold for now.
AUBURN HILLS, Mich., May 1, 2025 /PRNewswire/ -- All-new Dodge Charger Daytona will make its first official race appearance at 41st running of the Tire Rack One Lap of America, scheduled for May 3-10 Dodge high-performance vehicle dynamics engineer David Carr will pilot a stock Dodge Charger Daytona Scat Pack in Alternative Fuel class, accompanied by Dodge Garage contributor Sean Yoder One Lap Charger Daytona Scat Pack will be wrapped in black-and-orange graphics, including Daytona text logos and Fratzog logo, the new symbol of Dodge brand next-generation vehicles Charger Daytona Scat Pack will be stock aside from roll cage and equipped with track-ready performance through the Track Package for the next-gen Charger Fans can follow the One Lap Dodge Charger Daytona team via daily online race coverage at DodgeGarage.com, starting on May 3 For more information on the Tire Rack One Lap of America and for the full race schedule, visit onelapofamerica.com The all-new Dodge Charger Dayton
Stellantis and Mercedes-Benz became the latest automakers on Wednesday to scrap their profit guidance citing market uncertainty wrought by tariffs.
Stellantis N.V. (NYSE:STLA ) Q1 2025 Results Conference Call April 30, 2025 7:00 AM ET Company Participants Edward Ditmire - Head of Investor Relations Doug Ostermann - Chief Financial Officer Conference Call Participants Jose Asumendi - JPMorgan Thomas Besson - Kepler Cheuvreux Philippe Houchois - Jefferies Horst Schneider - Bank of America Daniel Roeska - Bernstein Research Gautam Narayan - RBC Patrick Hummel - UBS Mike Tyndall - HSBC Martino De Ambroggi - Equita Operator Ladies and gentlemen, welcome to the Stellantis First Quarter 2025 Shipments and Revenues Call.
Stellantis and Mercedes announced on Wednesday they would withdraw their full-year financial guidance for 2025, becoming the latest companies to cut or pull earnings forecasts in recent weeks as they cite market uncertainty aggravated by President Donald Trump's tariffs.