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Stellantis will temporarily halt production at French plant in Mulhouse
Reuters· 2025-09-30 10:12
Stellantis will temporarily halt production at its plant in Mulhouse from October 27 to November 2, a union and the company said on Tuesday. ...
Stellantis appoints new CFO in latest leadership shakeup
Yahoo Finance· 2025-09-29 15:11
His appointment represents the latest CFO swap by the automaker in two years, following the departure of long-time finance chief Richard Palmer — who served as Stellantis’ CFO for over two decades — in 2023, CFO Dive reported at the time. Palmer was succeeded by Ahold Delhaize veteran Natalie Knight, who stepped down in October 2024 when Ostermann assumed the seat. Palmer has remained at Stellantis as a strategic advisor, the company said as part of its June leadership changes.Laranjo most recently served a ...
STLA to Issue Recall of More Than 123K Vehicles to Fix Trim Pieces
ZACKS· 2025-09-29 13:35
Key Takeaways Stellantis is recalling 123,396 Jeep Wagoneer and Grand Wagoneer vehicles to fix window trim issues.H1 2025 revenues fell 13% to EUR74.3B, with a EUR2.3B net loss against a EUR5.6B profit a year earlier.New CEO Antonio Filosa will present a turnaround plan in early 2026 after Carlos Tavares' exit.Stellantis N.V. (STLA) , the maker of Jeep, Chrysler, Fiat and Peugeot, is recalling 123,396 vehicles in the United States to fix trim pieces on the driver and passenger windows. The detached trim pie ...
Stellantis has cut 10,000 Italy jobs in four years, union reports
Reuters· 2025-09-29 12:49
Core Insights - Stellantis has reduced its workforce by nearly 10,000 jobs in Italy over the past four years [1] - Vehicle production, including vans and small trucks, has decreased by more than 50% since 2004 [1]
CAC 40 Flat In Lackluster Trade
RTTNews· 2025-09-29 11:36
French stocks are turning in a mixed performance in lackluster trade on Monday amid a lack of triggers. Investors are mostly cautious, looking ahead to some crucial economic data later in the week.Luxury stocks are finding some support.The benchmark CAC 40, moving between 7,872.29 and 7,901.23, was up 2.89 points or 0.04% at 7,873.57 a few minutes ago. Kering, STMicroElectronics, EssilorLuxottica, Hermes International, Eurofins Scientific, Stellantis and LVMH are gaining 1.1 to 1.8%.Thales is up nearly 1%. ...
Stellantis(STLA.US)再现高层人事动荡 CFO意外辞职
Zhi Tong Cai Jing· 2025-09-29 09:16
智通财经APP获悉,Stellantis(STLA.US)首席财务官Doug Ostermann即将离职,这是这家汽车制造商高 层的又一次变动。Stellantis周一表示,Ostermann因个人原因辞职。 首席财务官的变动正值Stellantis暂停其欧洲部分工厂的生产之际,原因是阿尔法罗密欧Tonale SUV等车 型的需求持续低迷。 欧洲的汽车制造商正面临着电动汽车销售放缓、消费者需求疲软以及排放法规日益严格的困境。竞争加 剧也给它们带来了更大的压力。 周一美股盘前,截至发稿,Stellantis涨0.33%,报9.26美元。该股今年以来累计下跌23%。 Oddo BHF 分析师Michael Foundoukidis表示,Ostermann的离职令人意外,这使得"整体管理的不稳定状 况更加严重,并且可能还会加剧人们对公司扭转局面所需付出努力程度的担忧"。 这是Stellantis最新的一次人事调整。这家汽车制造商于5月任命Antonio Filosa 为新任首席执行官,旨在 扭转公司的颓势。此前,在Carlos Tavares的领导下,Stellantis在美国和欧洲的市场份额大幅下滑。 今年7月, ...
Europe’s silent surrender and the new industrial colonialism
Yahoo Finance· 2025-09-29 08:30
Europe once led the automotive and renewable energy revolutions. Now, as China builds factories on European soil, the continent risks relegating itself to junior-partner status in the technologies of the 21st century, argues Paul Bennett of Madox Square Advisory. Europe stands at a critical crossroads, and it appears to be choosing the path of least resistance, one that leads directly into China’s strategic embrace. The announcement that China’s CATL will deploy 2,000 workers to construct and operate a € ...
X @The Wall Street Journal
Stellantis Appoints Joao Laranjo CFO as Doug Ostermann Resigns https://t.co/2VUY4Mzie0 ...
欧洲汽车工业面临电动化转型困局
Xin Hua She· 2025-09-29 07:19
Core Viewpoint - The divergence among European automakers regarding the transition to electric vehicles (EVs) is becoming increasingly public, highlighted by the recent Munich Auto Show, where companies showcased new EV models while collectively calling for a delay in the 2035 ban on the sale of internal combustion engine (ICE) vehicles, reflecting the industry's struggles with the EU's climate commitments and industrial realities [1][2]. Group 1: Regulatory Challenges - The EU approved regulations in March 2023 to ban the sale of new ICE vehicles starting in 2035 to reduce carbon emissions from the transport sector [2]. - Major automotive associations in Europe have expressed concerns that the EU's ambitious carbon reduction targets are no longer feasible, urging a recognition of industrial and geopolitical realities [2][3]. - German Chancellor Merz emphasized the need for regulatory flexibility while supporting the electrification of the automotive industry, arguing against a one-size-fits-all political approach to technology [2][3]. Group 2: Market Realities - Many leading automakers have struggled to gain widespread consumer acceptance for their EV offerings, leading to strategic adjustments, such as Mercedes-Benz postponing its target for EV sales to 50% by 2025 and Audi shelving its aggressive electrification plans [3][4]. - The European automotive industry has faced significant challenges, including slow progress in charging infrastructure, high electricity prices, and rising production costs, which complicate the transition to full electrification [4][5]. Group 3: Economic Impacts - The cancellation of EV purchase subsidies in Germany by the end of 2023 has led to a noticeable decline in EV sales, exacerbating pressures on the industry [5]. - The German automotive sector has seen a net job loss of approximately 51,500 positions over the past year, making it one of the hardest-hit industrial sectors [5]. Group 4: Strategic Responses - Some European automakers are advocating for a diversified technological approach, suggesting that the EU should enhance consumer incentives to improve EV adoption [6]. - Certain companies firmly support the 2035 ban on ICE vehicles, viewing it as essential for maintaining European competitiveness, while others believe that market dynamics will naturally lead to a transition as EV prices align with those of ICE vehicles [6][7]. Group 5: EU's Balancing Act - The EU is attempting to balance the demands of the automotive industry with its climate goals, reaffirming the 2035 ban while allowing for some flexibility in emissions targets [7]. - The 2035 ban is seen not only as a target for industrial transformation but also as a test of the EU's leadership in climate governance, with potential implications for the competitiveness of the European automotive sector in the global market [7].
Stellantis appoints Joao Laranjo to CFO role
Reuters· 2025-09-29 06:20
Franco-Italian carmaker Stellantis has appointed Joao Laranjo as chief financial officer, effective immediately, the company said on Monday. ...