Marshall Motor is pushing ahead with the closure of two Volkswagen and four Peugeot dealerships. The dealer group which is owned by Constellation
The company has the largest portfolio in the automotive industry, with 14 brands spread across the United States and Europe. It’s simply too many.
Workers face a struggle on two fronts, against a ruthless global corporation and the Unite bureaucracy which is facilitating the job cuts.
As Stellantis chairman John Elkann leads the search for a new CEO, one of the biggest challenges in deciding the fate of its brand portfolio
Stellantis has introduced its latest step towards autonomous driving: STLA AutoDrive 1.0, a hands-free, eyes-off driving system that meets SAE Level 3 automation standards. The system, however, is currently limited to speeds of 37 mph and is not yet scheduled for commercial release.
Offering mild hybrid, plug-in hybrid and electric variants, the new Peugeot 5008 has the potential to shake up its segment.
Stellantis forecasts 2025 growth after a 70% profit drop, tackling weak US sales, China struggles, and EV costs with a market focus.
Both automakers have recalibrated product plans after ousting CEOs who bet aggressively on EVs that consumers weren't ready to buy.
The hits keep coming for Jeep parent company Stellantis after the floundering global automaker moved to discontinue one of its most iconic family SUVs in Australia.