CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...

BMW appears to not comply with the requirement of 75% of a vehicle's parts originating from North America to avoid the ...

The threat of import tariffs has raised alarm bells in Europe, as vehicles and machinery are the European Union’s biggest ...

That 17% headcount reduction came as the automaker sought cost savings from the deal that created the world’s fourth-largest ...

European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his ...

Stellantis (STLA) took a hit today after financial firm S&P Global (SPGI) downgraded the automaker’s credit rating from BBB+ ...

Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to "BBB" from "BBB+", citing weak margin ...

Adding to the chaos in Stellantis' ranks, after less than a year North America chief Carlos Zarlenga also gets the boot.

S&P now expects Stellantis's margin growth in 2025 to fall short of prior projections, and downgraded its credit rating to BBB from BBB+.

His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to ...