Tag: Auto industry
Lower-priced new cars are gaining popularity, and not just for cash-poor buyers
DETROIT -- Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time...
Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans
ROME -- Workers in Italy’s troubled automotive sector are holding a national strike on Friday for the first time in 20 years, with...
Stellantis CEO: Company on pace to fix sales problems after poor performance
DETROIT -- Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos...
Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles
ROME -- Italian lawmakers on Friday questioned the head of Stellantis, the world's fourth largest automaker, over the group’s strategy, one day after...
Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
NEW DELHI -- Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was...
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
MILAN -- Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...