Stellantis posts Q3 revenue gain but outlook dims on regulatory costs
On the Dash:
Stellantis reported a 13% rise in Q3 revenue but warned of new charges tied to strategy and regulatory changes.
The company is shifting focus back to hybrid...
TSLA379.3803.08%
GM77.295-0.755%
F12.4400.06%
RIVN16.7520.2316%
CYD41.880-0.36%
HMC24.295-0.045%
TM192.140-0.18%
CVNA406.779-2.30061%
PAG162.1201.7%
LAD276.9101.99%
AN205.1802.11%
GPI342.1700.78%
ABG200.930-2.13%
SAH72.0200.18%
TSLA379.3803.08%
GM77.295-0.755%
F12.4400.06%
RIVN16.7520.2316%
CYD41.880-0.36%
HMC24.295-0.045%
TM192.140-0.18%
CVNA406.779-2.30061%
PAG162.1201.7%
LAD276.9101.99%
AN205.1802.11%
GPI342.1700.78%
ABG200.930-2.13%
SAH72.0200.18%
TSLA379.3803.08%
GM77.295-0.755%
F12.4400.06%
RIVN16.7520.2316%
CYD41.880-0.36%
HMC24.295-0.045%
TM192.140-0.18%
CVNA406.779-2.30061%
PAG162.1201.7%
LAD276.9101.99%
AN205.1802.11%
GPI342.1700.78%
ABG200.930-2.13%
SAH72.0200.18%
EV news
Ford launches vehicle-to-grid pilot to reward F-150 Lightning owners
On the Dash:
Ford’s Home Power Management system allows F-150 Lightning owners to power homes and return energy to the grid.
Pilot programs with utilities like DTE Energy and BG&E...
Mercedes-Benz confirms outlook, plans $2B share buyback amid Q3 margin gains
On the Dash:
Mercedes posts stronger-than-expected Q3 margins and plans a €2 billion share buyback over 12 months.
Sales in China fell 27%, marking the worst quarterly performance since 2016,...
Oklahoma Chevrolet dealer sees robust Q4 despite affordability concerns – Dorian Jimenez
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Elon Musk could step down if Tesla pay plan is rejected
On the Dash:
Tesla’s CEO may step down if shareholders reject his proposed $1 trillion pay plan.
The package ties 12 stock-option tranches to milestones in market value, autonomous tech,...
Toyota posts 3% global sales increase as hybrids fuel U.S. demand
On the Dash:
Global sales rose 3% in September to 949,153 vehicles; production climbed 9% to 1.03 million.
U.S. sales surged 14% as hybrids made up 42% of Toyota’s first-half...
Porsche plunges to $1.1 billion quarterly loss as tariffs, EV setbacks weigh on outlook
On the Dash:
Porsche posted a 966 million euros ($1.1 billion) operating loss in Q3, reversing last year’s profit.
The automaker plans further cost cuts, higher U.S. prices, and a...
Ex-Stellantis chief Tavares predicts Tesla’s Elon Musk will exit auto industry
On the Dash:
Former Stellantis CEO Carlos Tavares predicts Musk may leave Tesla to focus on other ventures.
Tesla faces increasing competition from China’s BYD, signaling pressure on market share.
...
Rivian settles $250 million IPO lawsuit
On the Dash:
Rivian will pay $250 million to settle investor claims over alleged IPO misrepresentation.
The company is cutting more than 600 jobs to reduce costs and stabilize operations.
...
Rivian to lay off over 600 workers, WSJ reports
On the Dash:
Rivian is cutting 4% of its workforce to manage costs amid declining EV incentives and revenue pressures.
The company lowered its full-year delivery guidance, even after Q3...
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