All articles tagged with #stellantis
Stellantis is promoting the new Charger with two drift cars powered by a twin-turbo 3.0-liter Hurricane inline-six upgraded to about 750 hp, converted to rear-wheel drive and paired with manual transmissions for events like Roadkill Nights, Gridlife, and FuelFest. The effort showcases tuning potential and marketing appeal, but fans still want a traditional V8 option in the lineup.
Nissan posts its first quarterly net profit in two years (about $23.9 million) for the quarter ending June, aided by restructuring and cost cuts, while keeping its full-year forecast and outlining 20,000 job cuts by 2028; Toyota looks to a fifth straight quarterly profit decline amid a weak yen and earthquake disruptions, with roughly $7.04 billion expected and ongoing production challenges; Stellantis UAW member dies in a renovation-related accident in Center Line, Michigan; Ram recalls 1.5 million 1500 pickups globally for faulty second-row seatbelt anchors; gas prices remain flat around $4.10 per gallon.
A Stellantis worker with 30+ years in the UAW died Aug. 1 in an undisclosed accident at the Center Line Mopar distribution center; the UAW and Stellantis say they are investigating and withholding the employee’s identity out of respect, while authorities are involved. The building, previously Mopar admin offices, is currently unoccupied after relocation to Auburn Hills, and the UAW pledged to demand details and safety improvements to prevent future incidents.
Stellantis posted Q2 2026 net revenues of €43.5 billion, up 13% year over year driven by North America (+32%) and South America (+6%), with Enlarged Europe flat; net profit €0.3 billion and adjusted operating income €0.8 billion (AOI margin 1.8%). Industrial free cash flow reached €1.0 billion and liquidity stood at €44.1 billion. The company reaffirmed its 2026 guidance under the FaSTLAne 2030 plan, noting ~€1.0-€1.2 billion of net tariff headwinds and €2 billion of H2 2025 charges, while highlighting regional momentum and upcoming product launches.
Stellantis swung to a €293 million Q2 profit as rising North American demand boosted adjusted operating income to €773 million, though results missed Reuters’ consensus. The automaker posted €1.0 billion in industrial free cash flow and reaffirmed progress on the FaSTLAne 2030 plan with new product launches on track, while shares fell on the news.
Tesla is expected to post a quarterly cash burn as it pours about $25 billion into AI and robotics, signaling a pivot toward physical AI ventures like self-driving taxis and humanoid robots; GM lifts its 2026 earnings outlook on strong SUV and truck demand; Honda renews its China JV with GAC through 2038 despite a lackluster EV lineup; Stellantis taps new leaders for Jeep and Ram to strengthen its brands.
A federally appointed watchdog concluded UAW President Shawn Fain retaliated against a top officer and used his authority to benefit his fiancée and her sister, including seeking bonuses for non-union staff at a Stellantis training center and intervening in a workers’ compensation matter. Fain denies the findings as politically motivated, and the monitor has deferred a final decision pending further review ahead of the UAW leadership election. Rich Boyer was stripped of duties in response to pushback, though some duties were later reassigned; the UAW remains under federal oversight since a 2020 DOJ settlement.
The R/T badge signifies Road and Track, signaling performance; on the 2026 Charger it marks the base trim with AWD and a 3.0-liter twin-turbo inline-six delivering 420 hp and 468 lb-ft, 0–60 in 4.6 seconds, starting at about $49,995 (plus destination). Dodge confirms a V8 Hellcat is coming in 2027, but there’s no V8 for the current R/T, while the R/T Plus adds sport suspension and premium interior features. The R/T lineage goes back to 1968, with notable on-screen appearances and a history of performance heritage.
Stellantis has opened U.S. orders for the Fiat Topolino, a tiny electric quadricycle, with a base price of $13,995 (destination fee adds $990 for a customer price of $14,985). The vehicle can reach 19 mph with up to 46 miles of range, and a free Low Speed Vehicle conversion can raise top speed to 25 mph for 35 mph road limits. It will be sold in limited quantities this year in hardtop with doors or a Dolce Vita soft-top, manufactured in Morocco. The move comes amid past discussions about Kei cars in the U.S. and Fiat’s performance history in the market.
Carvana is expanding its online-first strategy into new-car sales by acquiring Stellantis franchised stores and converting them into service hubs and brand-themed “playgrounds” where customers can explore, customize, and test-drive vehicles through QR-guided experiences before completing purchases online. The Dallas location showcases the concept with hourly staff and no traditional finance offices, and on-site inventory is limited, raising questions about broader rollout and supply logistics as the company seeks to grow its market share and support its used-vehicle business.
Stellantis and Factorial Energy have begun real-world road testing of FEST solid-state battery cells in a Dodge Charger Daytona development vehicle on North American roads, marking the first on-road use of this tech in the region. The FEST cells deliver about 375 Wh/kg energy density with over 600 cycles, enable ultra-fast charging (15%–90% in 18 minutes), and operate across a wide temperature range (-30°C to 45°C). The test integrates FEST into Stellantis’ STLA Large platform with updated control systems and pack design, signaling a major step toward commercialization of solid-state EV batteries.
Stellantis is recalling about 1.08 million Jeep Wrangler and Gladiator models in the U.S. due to an electrical issue in the electric hydraulic power steering pump wiring that could overheat and ignite a fire, even when the ignition is off. The company says a remedy is being prepared with the NHTSA, with notices mailed to owners and repairs expected no later than July; about 253,000 additional vehicles outside North America are also included in the recall.
AMC faced heavy losses in the mid-1970s and was rescued by Renault in 1980. The assassination of Renault chair Georges Besse in 1986 removed the company’s biggest supporter, leading Renault to sell AMC to Chrysler in 1987. Jeep’s enduring success under AMC helped preserve the brand and ultimately fed into Chrysler’s evolution, which through Fiat Chrysler Automobiles and Stellantis continues today.
Stellantis previews a Copperhead SRT, a new 'hyper muscle' halo car for Dodge and not a Viper successor, shown as a mock-up to investors; production targeted by 2030 under a five-year plan that also includes the GLH hatch and a revived SRT lineup, with no pricing or launch specifics disclosed and a goal of about 135,000 North American units by 2030.
Stellantis unveiled a $70 billion plan to launch 11 new Chrysler/Jeep/Dodge/Ram models in the U.S. by 2030 as part of a global push to 60 new vehicles and 25% North American revenue growth; the piece ranks the lineup from Ram Ramcharger at #11 to Dodge Copperhead SRT at #1, with highlights like the Jeep Wrangler Scrambler, Ram Dakota, Ram Rampage, Chrysler Airflow and Dodge GLH.