Stellantis Prioritizes Jeep, Ram, Peugeot & Fiat in New €60 Billion Strategy
Stellantis invests €60B, focuses on 4 main brands, cuts costs, builds 110+ models, expands EVs, and boosts profits by 2030.
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Ford Stock Surges on Bullish Options Frenzy and Battery Business Praise
Ford shares set to log their best day in seven months. Morgan Stanley highlights massive potential in Ford Energy’s battery storage business, with a $600 million profit opportunity.
GM Sales Drop Nearly 10% as High Prices and Gas Costs Hit Buyers
GM sales fell 10% in Q1 2026 due to high 2025 sales, storms, and pricey cars; some SUVs did well, EVs dropped 28%.
Uber Bets $1.25 Billion on Rivian Robotaxis: 50,000 Self-Driving R2s by 2031
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Fiat Owner Stellantis Courts China’s Xiaomi and Xpeng to Revive Struggling European Arm
Stellantis in talks with China's Xiaomi and Xpeng for investments in its struggling European business, including possible stakes in Maserati, as it prioritizes Americas amid EV challenges.
Stellantis Takes $26 Billion Hit After Pulling Back on Electric Vehicles
Stellantis announces massive $26 billion charge as it reverses its aggressive EV strategy, citing overestimation of electric vehicle demand and market shifts.