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Blog - Passenger Cars

Stellantis Reverses Layoff Decision at Ohio Jeep Plant
Stellantis Reverses Layoff Decision at Ohio Jeep Plant
Dec 22, 2024
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Stellantis cancels 1,100 job cuts at its Ohio Jeep plant, choosing retraining over layoffs to improve efficiency.
Volkswagen's Provisional Cost-Cutting Agreement
Volkswagen's Provisional Cost-Cutting Agreement
Dec 20, 2024
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Volkswagen and its works council finalize a provisional deal on cost-cutting to enhance competitiveness and sustainability, avoiding drastic factory cuts.
Stellantis Extends Fiat 500 Production Halt Amid Low Demand
Stellantis Extends Fiat 500 Production Halt Amid Low Demand
Dec 20, 2024
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Stellantis prolongs the production stop of the electric Fiat 500 at its Mirafiori plant due to continued low demand for EVs in Europe, impacting production till January 20.
U.S. New Vehicle Sales Expected to Rise Despite Challenges
U.S. New Vehicle Sales Expected to Rise Despite Challenges
Dec 19, 2024
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Discover how U.S. new vehicle sales are anticipated to grow by 7.3% in December despite economic challenges, with insights on market trends and future outlook.
CarMax Signals Rebound in Used Car Market with Quarterly Sales Increase
CarMax Signals Rebound in Used Car Market with Quarterly Sales Increase
Dec 19, 2024
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CarMax reports its first quarterly sales increase in over two years, indicating a potential recovery in the used car market. The company's revenue and profit surpassed analyst predictions, showcasing a positive shift in industry dynamics.
European Car Sales Decline in November Amidst Market Challenges
European Car Sales Decline in November Amidst Market Challenges
Dec 19, 2024
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European car sales experienced a decline in November with significant downturns in key markets like France and Italy. EV sales struggled but HEVs showed growth. Major brands like Volkswagen saw increases, while Tesla faced a decline.
Foxconn's Ambitious Bid for Nissan Shakes Japanese Automotive Industry
Foxconn's Ambitious Bid for Nissan Shakes Japanese Automotive Industry
Dec 18, 2024
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Foxconn's interest in acquiring Nissan could spark major changes in the automotive industry, with possible mergers and strategic shifts in market dynamics.
Renault Encourages Nissan's Potential Merger Talks with Honda
Renault Encourages Nissan's Potential Merger Talks with Honda
Dec 18, 2024
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Renault is open to Nissan and Honda's merger talks to strengthen strategic positions, without direct financial intervention, amid global market challenges.
Tesla's Shanghai Factory Leadership Change: Song Gang Departs
Tesla's Shanghai Factory Leadership Change: Song Gang Departs
Dec 18, 2024
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Tesla's Shanghai Gigafactory faces a leadership change as Song Gang departs amidst uncertain expansion plans, impacting the company's global operations.
European Auto Stocks Attract Bargain Hunters Amidst Stimulus Hopes
European Auto Stocks Attract Bargain Hunters Amidst Stimulus Hopes
Dec 18, 2024
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European auto stocks gain momentum as investors eye potential gains from new Chinese stimulus measures, despite sector challenges including regulations and operational costs.
Tesla Shares Soar as Analysts Boost Price Targets
Tesla Shares Soar as Analysts Boost Price Targets
Dec 17, 2024
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Tesla's stock hits record highs as analysts raise price targets to $515. Discover factors driving Tesla's growth and future outlook.
Stellantis Announces Major Investment in Italian Production
Stellantis Announces Major Investment in Italian Production
Dec 17, 2024
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Stellantis pledges €2 billion for Italian production in 2025, tackling industry challenges with a €6 billion supply chain investment.
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