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NewsThings Keep Getting Worse for Stellantis in Canada
Stellantis, whose profit fell a whopping 70 percent in 2024, anticipates a rebound in late 2025, but in the meantime, things keep getting worse including in Canada. Efforts to adjust production, limit stocks and reduce prices are slow to yield actual results. The 5-percent increase in sales in the final …
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NewsAlfa Romeo Making Two Huge Decisions for Brand’s Future
Alfa Romeo is joining the long list of car companies scaling back their EV plans. A few days ago, new CEO Santo Ficili told French media L’Argus that the brand won’t become fully electric by 2027 as previously envisioned and will instead implement a multi-energy strategy. Regarding the next-generation Stelvio …
NewsAlfa Romeo Fights to Stay Relevant With One More Special Edition
Alfa Romeo sold fewer than 900 vehicles in all of Canada last year, with the Giulia and Stelvio both plunging 41 percent. The Italian brand was saved by the Tonale (+6 percent), but the future doesn’t look rosy, let alone golden—despite what the newly announced Intensa special edition may suggest.
NewsTop 10 Most Expensive Auction Cars Sold in 2024
Over the past five years, the annual number of vehicles sold in online auctions globally has climbed more than 450 percent. They will surpass live auction sales for the first time by as much as $25 million USD in 2024, according to Hagerty. The American car insurance and valuation company …
NewsStellantis Announces $400 Million EV-Related Investments in Michigan
Stellantis announced on Wednesday plans to invest over $400 million USD in three Michigan plants related to the company's transition to electric vehicle and battery production. The investments in the state would support Stellantis's "multi-energy strategy" that aims to prepare for "a wide variety of electrification adoption scenarios," the company …
NewsPint-Sized Alfa Romeo Junior May Cross the Atlantic
So you’re saying there’s a chance? Alfa Romeo is currently exploring a scenario where its first-ever electric vehicle, the Junior , makes its way across the Atlantic. The Italian brand’s chief product planner, Daniele Tiago Guzzafame, recently confirmed to Automotive News Europe that the city-oriented crossover will be shown to …
NewsStellantis to Cut Production, Threatens to Axe Money-Losing Brands
Things are not going well for Stellantis, particularly in North America where declining sales, rising inventory and weak profit margins are starting to become a serious problem, not to mention the many recent changes in senior management. The world's fourth-largest automaker announced worse-than-expected results for the first half of 2024, …
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