Stellantis and Mistral AI are expanding their partnership to speed up adoption of artificial-intelligence technology across the automaker’s operations https://t.co/zJPGHyyF9o ...

Core Viewpoint - Stellantis and Mistral AI are expanding their partnership to enhance AI adoption in Stellantis' operations, indicating a strategic move towards integrating advanced technologies in the automotive sector [1] Group 1: Partnership Expansion - The collaboration between Stellantis and Mistral AI aims to further the integration of artificial intelligence within Stellantis' operations [1] - This partnership reflects a growing trend in the automotive industry to leverage AI for operational efficiency and innovation [1] Group 2: Industry Implications - The expansion of AI technologies in automotive manufacturing is expected to drive significant advancements in production processes and customer experience [1] - As AI adoption increases, it may lead to competitive advantages for companies that effectively implement these technologies [1]

Stellantis has announced the appointment of Joao Laranjo as Chief Financial Officer and member of the Stellantis Leadership Team, effective immediately. Laranjo succeeds Doug Ostermann, who has resigned from the company for ‘personal reasons’. The change comes as the company struggles to turn itself around after its decline in the US market and the impact of US import tariffs this year. Stellantis lost $2.7 billion (€2.3 billion) in the first six months of 2025. Last week, the company said it will pause p ...

Stellantis will temporarily halt production at its plant in Mulhouse from October 27 to November 2, a union and the company said on Tuesday. ...

Core Insights - Stellantis appointed Joao Laranjo as CFO, succeeding Doug Ostermann, who resigned for personal reasons. This marks another leadership change within the company following a series of executive shifts under new CEO Antonio Filosa [4][3]. Company Leadership Changes - Laranjo has a strong background, having previously served as CFO for Stellantis North America and held various roles at Fiat Chrysler Automobiles and General Electric [2][4]. - The leadership changes at Stellantis include the appointment of Scott Thiele as head of supply chain and a new head of purchasing, alongside expanded responsibilities for Laranjo, who will now oversee mergers and acquisitions and joint ventures [3][4]. Financial Performance - Stellantis reported a net revenue of 74.3 billion euros for H1 2025, reflecting a 13% decline from the previous year, primarily due to challenges in North America and Europe [5]. - The company experienced a net loss of 2.3 billion euros in H1 2025, contrasting with a net profit of 5.6 billion euros in H1 2024 [5]. Impact of Tariff Policies - The decline in shipments and revenue in North America is attributed to shifting tariff policies, which have cost Stellantis approximately 330 million euros to date. The full-year cost of tariffs is expected to reach between 1 billion and 1.5 billion euros [6][7]. - The Trump administration's tariffs on autos and auto parts, as well as increased tariffs on steel and aluminum, have affected Stellantis and other automakers like Ford and General Motors [7]. Market Outlook - Despite high costs and tariff impacts, new vehicle sales in the U.S. are projected to show resilience, with a 6% year-over-year increase expected in September [8]. - The strong pace of new vehicle sales in Q3 is attributed to reduced uncertainty surrounding tariffs and a surge in electric vehicle sales driven by expiring tax credits [9].

Core Insights - Stellantis N.V. is recalling 123,396 vehicles in the U.S. due to potential road hazards from detached window trim pieces [1][2][9] - The company is facing significant challenges in North America, with U.S. sales declining for eight consecutive quarters [2] - Financial performance has deteriorated, with a 13% year-over-year revenue drop to €74.3 billion in H1 2025 and a net loss of €2.3 billion [3][9] - Leadership changes, including the exit of CEO Carlos Tavares, add uncertainty, with new CEO Antonio Filosa expected to present a turnaround plan in early 2026 [4][9] - Near-term risks include projected tariff costs of €1.5 billion for 2025 and a negative free cash flow of €3 billion in H1 2025 [5] Financial Performance - Revenues decreased by 13% year-over-year to €74.3 billion in the first half of 2025 [3] - The company reported a net loss of €2.3 billion, a significant decline from a profit of €5.6 billion in the same period last year [3][9] - Adjusted operating income fell to €500 million, with profit margins collapsing to 0.7% from 10% [3] Leadership and Strategy - Following the departure of CEO Carlos Tavares, new CEO Antonio Filosa will outline a turnaround strategy in early 2026 [4] - The leadership transition contributes to low visibility regarding the company's future performance [4] Risks and Challenges - Stellantis anticipates €1.5 billion in tariff costs for 2025, with €0.3 billion already accounted for in H1 2025 [5] - The company's net financial position has weakened, with net debt rising to €6.5 billion after cash burn in the first half of 2025 [5]

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]

Market Performance - French stocks are exhibiting a mixed performance with the benchmark CAC 40 showing a slight increase of 2.89 points or 0.04% to 7,873.57, fluctuating between 7,872.29 and 7,901.23 [1] - Investors are cautious due to a lack of market triggers and are looking forward to important economic data later in the week [1] Sector Performance - Luxury stocks are experiencing some support, with companies like Kering, STMicroElectronics, EssilorLuxottica, Hermes International, Eurofins Scientific, Stellantis, and LVMH gaining between 1.1% and 1.8% [1] - Other companies such as Thales, Bureau Veritas, Accor, Unibail Rodamco, Dassault Systemes, Capgemini, and Airbus are also seeing gains, ranging from 0.3% to 0.7% [2] Declining Stocks - TotalEnergies is down approximately 1.25%, while Veolia Environment, Engie, Societe Generale, Orange, Sanofi, Michelin, and Euronext are declining between 0.5% and 1% [3] Economic Indicators - The economic sentiment indicator in the Euro Area increased to 95.5 in September from a revised 95.3 in August, slightly surpassing market expectations of 95.2 [3] - Euro Area consumer confidence improved to -14.9 in September from -15.5 in August, aligning with preliminary estimates [3]

Group 1 - Stellantis CFO Doug Ostermann is resigning for personal reasons, marking another change in the company's leadership [1] - Joao Laranjo, a veteran from Stellantis' predecessor Fiat Chrysler, will immediately take over the CFO position [1] - Analyst Michael Foundoukidis expressed that Ostermann's departure adds to the instability in management and raises concerns about the efforts needed to turn the company around [1] Group 2 - Stellantis reported a net loss of €2.3 billion (approximately $2.7 billion) for the first half of the year, surprising investors [2] - The company forecasts a reduction in profits by about €1.5 billion due to higher tariffs impacting its already struggling North American operations [2] - Stellantis is suspending production at some European plants due to weak demand for models like the Alfa Romeo Tonale SUV [2] - European automakers are facing challenges such as slowing electric vehicle sales, weak consumer demand, and increasingly strict emissions regulations [2] - Stellantis shares have dropped 23% year-to-date, trading at $9.26, up 0.33% in pre-market on Monday [2]

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 € ...