Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025. Jung Yeon-je | Afp | Getty ImagesThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Tech troublesAfter last week's losses and with Nvidia's can't-miss earnings report on the horizon, investors are wondering what's next for the a ...

In this articleCOMP2025 Jeep Cherokee SUVStellantisAUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story.It's a mantra that's reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on Jeep and its parent company, Stellantis."This isn't just a comeback. This is the Jeep brand reclaiming a segment we invented and defined," Jeep CEO Bob Broderdorf said during ...

Core Insights - An aluminum shortage is causing a temporary halt in production at a Michigan factory that produces Jeep vehicles, including the Wagoneer and Grand Wagoneer [1][3] - The United Auto Workers (UAW) reported that the Warren Truck Assembly plant will be idled for three weeks starting from the week of October 13, with production expected to resume on November 3 [3] - Ford has also temporarily cut production of its SUVs, the Expedition and Lincoln Navigator, at its Kentucky Truck Plant due to the same aluminum supply shortage [5] Group 1: Production Impact - The halt in production at the Warren Truck Assembly plant is a direct result of supply chain issues related to aluminum [1][3] - The fire at a Novelis plant in Oswego, New York, which supplies approximately 40% of the aluminum sheet used by U.S. automakers, has exacerbated the situation [8] - Novelis has suspended production since September and is not expected to resume operations until the first quarter of fiscal 2026 [6][8] Group 2: Industry Response - Both Stellantis and Ford are actively working with their aluminum suppliers to mitigate the impact of the supply chain disruptions [9][11] - A dedicated team has been established by Ford to explore alternatives and minimize disruptions caused by the aluminum shortage [11]

Core Insights - Stellantis plans to invest $13 billion to enhance its U.S. manufacturing capabilities over the next four years, marking the largest single investment in the company's history [1] - The investment aims to support the introduction of five new vehicles, the production of a new four-cylinder engine, and the creation of over 5,000 jobs across several states [1][3] Investment Details - The investment will increase Stellantis' annual finished vehicle production by 50% compared to current levels [3] - More than $600 million will be allocated to reopen the Belvidere Assembly Plant for Jeep Cherokee and Jeep Compass production, expected to create around 3,300 jobs [6] - Nearly $400 million will be used for a new midsize truck assembly, shifting production to the Toledo Assembly Complex, potentially creating over 900 jobs [7] - In Michigan, an investment of nearly $100 million will support the development of a new range-extended electric vehicle and large SUV, adding over 900 jobs [9] - Indiana will see over $100 million invested in producing the new four-cylinder engine, expected to create more than 100 jobs [10] Market Context - The investment comes in response to tariffs imposed by the Trump administration, which Stellantis estimates could cost the company $1.7 billion this year [5] - In the previous year, over 40% of Stellantis' 1.2 million U.S. vehicle sales were imports from Mexico and Canada, which are subject to 25% tariffs [5] Current Operations - Stellantis currently operates 34 manufacturing facilities, parts distribution centers, and R&D locations across 14 states, employing over 48,000 people [12]

Core Points - Stellantis announced a historic investment of $13 billion to expand its manufacturing footprint in the US, marking the largest investment in the company's 100-year history [1][3] - The investment is expected to increase US production by 50%, create 5,000 new jobs, and involve five new vehicle launches over the next four years [1][3] Investment Details - The largest portion of the investment, $600 million, will be allocated to the Belvidere Assembly Plant in Illinois to reopen by 2027, focusing on the production of Jeep Cherokee and Jeep Compass SUVs [4] - An additional $400 million will be invested in Ohio's Toledo assembly plant for a new midsize truck alongside the Jeep Wrangler and Gladiator, creating 900 new jobs by 2028 [5] - Michigan's Warren Truck Assembly Plant will receive $100 million for retooling to produce a new hybrid range-extended EV and a gas-powered SUV, also adding 900 jobs by 2028 [5] Strategic Context - The investment follows the White House's tariff actions that made imports from regions like Mexico, Canada, and Europe more expensive, aligning with President Trump's push for increased US auto manufacturing [2] - Stellantis' stock rose over 5% in after-hours trading following the announcement, indicating positive market reception [2] - The investment strategy comes after the dismissal of former CEO Carlos Tavares and aims to address challenges faced by Stellantis' US operations, including high inventory and pricing issues [6] Comparison with Industry Peers - Stellantis' investment follows a similar commitment by General Motors, which announced a $4 billion investment to enhance its US manufacturing capabilities earlier this year [7]

Core Insights - Jeep is undergoing a significant overhaul of its Grand Wagoneer lineup for the 2026 model year as part of a long-term turnaround strategy aimed at revitalizing the brand [2][5] - The new Grand Wagoneer will start at under $65,000, which is competitive with current market pricing and includes additional features [3][5] - The revamped model will introduce a new extended-range powertrain, making it the first SUV to feature range-extended electric vehicle (EREV) technology [4][6] Group 1: Product Changes - The Grand Wagoneer will simplify its model lineup by eliminating the standalone "Wagoneer" nameplate and focusing on a unified branding strategy [2][5] - The initial pricing for the previous models exceeded $111,000, which was considered high for the brand [1] - The new model will feature updated exterior styling and a more straightforward ordering process to reduce consumer confusion [2][3] Group 2: Market Positioning - Jeep aims to regain market share and strengthen its brand presence in North America, which is crucial for Stellantis [4][5] - The turnaround plan includes reworking pricing strategies that had previously inflated above market norms, addressing dealer relationships, and introducing new products [5] - The Grand Wagoneer is positioned to compete effectively against rivals by aligning its pricing and features with market expectations [3][5]

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]

9月28日，美国国家公路交通安全管理局（NHTSA）文件披露，由于驾驶员侧和乘客侧车窗的四分之一 饰条可能未被妥善固定，存在脱落风险，克莱斯勒正在召回部分2022-2024款Jeep Wagoneer和Jeep Grand Wagoneer车型，共计123396辆。（智通财经） ...

Core Point - Stellantis is recalling 123,396 Jeep Wagoneer and Jeep Grand Wagoneer vehicles in the U.S. due to safety concerns related to detached trim pieces in the driver and passenger windows, which pose a road hazard [1] Group 1 - The recall affects vehicles from the model years 2022 to 2024 [1] - The number of vehicles recalled is significant, indicating a potential widespread issue within this model range [1] - The safety hazard is specifically related to trim pieces that can detach, which could lead to dangerous driving conditions [1]