V. is a multinational automotive manufacturer formed through the merger of Fiat Chrysler Automobiles and PSA Group. The company designs, engineers, manufactures, and sells a diverse portfolio of vehicles across multiple brands, including well-known names such as Jeep, Ram, Peugeot, Citroën, and Fiat. Stellantis aims to deliver innovative and sustainable mobility solutions while catering to a wide range of customer preferences and market segments worldwide, focusing on electric vehicles, advanced technologies, and connectivity in the automotive industry.
The US auto market roared back to life in 2024, with new-car sales reaching their highest level since 2019, fueled by a combination of replenished inventories and enticing incentives.
European automakers' stocks dropped due to loss of U.S. tax credits for some PHEVs under Biden's act; Tesla's Cybertruck qualifies for $7,500 tax credit.
Pershing Square CEO Bill Ackman questioned the upcoming closure of U.S. stock markets to honor former President Jimmy Carter, sparking debate about the intersection of commerce and presidential remembrance.
Former President Jimmy Carter died on Sunday at the age of 100. While in office, Carter led the country through challenging times that included economic turmoil, the bailout of a legacy automaker and an energy crisis.
Stellantis was created out of the merger of US-based Fiat Chrysler Automobiles, and French-based Peugeot, in January 2021, resulting in the fourth-largest automotive original equipment manufacturer by vehicle sales.
Joby Aviation and Archer Aviation are 2 air taxi companies in the aerospace sector with eVTOLs that fit the described sightings in the Northeast United States.
SoundHound AI (NASDAQSOUN) had a breakthrough in 2024 and is now a leader in the AI industry. CEO Keyvan Mohajer discusses the company's success, AI, and future plans.
Stellantis NV brand Dodge slammed autonomous vehicles as "self-driving sleep pods" in its new advertisement for its first electric vehicle called Charger Daytona.
Former Stellantis executive Tim Kuniskis is reportedly returning to the company to lead its Ram Trucks brand merely days after Carlos Tavares resigned as company CEO.
The eVTOL space is taking off, with Archer Aviation leading the pack—investors should also watch rival Joby to see who reaches commercialization first.
The U.S. stock market posted another week of strong performance, with major large-cap indices such as the S&P 500, the Dow Jones and the Nasdaq 100 extending their record highs.
