PA dealer David Kelleher on Stellantis establishing its own finance arm
Stellantis is expected to close a deal by year's end, creating its own captive financing arm. Mike Koval Jr., Ram brand CEO said "until now, we were the only major...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Stellantis
Former FCA CEO Mike Manley to lead AutoNation
The largest dealer group in the United States, AutoNation, has announced a new CEO to succeed Mike Jackson. As of November 1, Mike Manley will step into the role of...
New shutdowns are coming to U.S. manufacturers
Automotive assembly plant shutdowns are accelerating, and the future doesn't provide much optimism for improvement. With today's vehicles filled with up to 1,500 chips, manufacturers have to go on a chip...
A handful of C-suite roles change in auto industry this week
In the past few days, significant roles in the automotive industry have shuffled. The moves impact major carmakers like Ford, Mercedes-Benz, and Chrysler as well as tech companies like Apple....
Stellantis to buy First Investors Financial Services to create lending arm
On Wednesday, Stellantis announced that it would be purchasing First Investors Financial Services Group for $285 million. The deal, expected to close by the end of 2021, will establish a...
Infotainment issues are top problems in newest J.D. Power Initial Quality Study
Stellantis brands received accolades with their Ram and Dodge brands taking first and second spots in the 2021 US Initial Quality Study by J.D. Power, although the Chrysler brand pulled...
Buy-sell expert Alan Haig discusses current valuations and M&A trends in the auto industry
Haig Partners has new, recently released data on the profits from the largest public automotive retailers. On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig...
Biden announces non-binding target for EVs by 2030
The Biden administration is continuing its efforts to facilitate the transition to all-electric vehicles, with Biden proposing a goal for 40% to 50% of vehicles to be either all-electric, hydrogen-powered,...
Mask mandates return for the Big Three U.S. auto plants
On Tuesday, the United Auto Workers union and the Big Three carmakers announced that mandatory mask mandates would be reinstated for all corporate locations including factories, offices, and warehouses. The...
Stellantis to invest $35 billion in EV development through 2025
On Thursday, Stellantis announced a comprehensive electrification plan for all 14 brands at their EV Day 2021 virtual event. Stellantis CEO Carlos Tavares detailed the carmaker’s intentions to invest $35...
Latest Articles
