Business, Technology, Equipment

Amazon, Stellantis Team Up on Auto Software and Delivery Vehicles

Amazon.com Inc. is partnering with Stellantis NV to develop software with the carmaker and agreed to buy a new electric delivery van.

Tara Patel | Bloomberg News
January 5, 2022
Business, Equipment

Stellantis Pumps Up Profitability Forecast in Earnings Debut

Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.

Tara Patel | Bloomberg News
August 3, 2021
Business, Technology, Fuel

Stellantis CEO Vows to Accelerate Carmaker’s Electric Shift

Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade.

Tara Patel | Bloomberg News
April 15, 2021
Business, Technology, Fuel

Michelin Reinforces Bet on Hydrogen to Move Beyond Tires

Michelin is intensifying efforts to make fuel cells as the French company bets that growing demand for hydrogen vehicles will help reduce its dependence on tires.

Tara Patel | Bloomberg News
April 8, 2021
Business, Technology, Fuel

Stellantis to Offer New Vans Pairing Hydrogen and Battery Power

Stellantis NV’s new range of cargo vans running on both hydrogen and plug-in electric technology offer the promise of emitting only water vapor and refueling time on par with going to the gas station.

Tara Patel | Bloomberg News
March 31, 2021
Government, Business

Fugitive Carlos Ghosn Aims to Settle Scores in Book

Executive-turned-international fugitive Carlos Ghosn is gunning for revenge in a new book published this week about the events surrounding his arrest in Tokyo two years ago, 130-day Japanese imprisonment and dramatic escape to Lebanon.

Tara Patel | Bloomberg News
November 4, 2020
Business, Equipment

European Auto Industry Buckling Up for at Least 35,000 Job Cuts

The extent of the devastation wrought on the European car industry by the coronavirus pandemic came into sharp focus May 29 when a sampling of major vehicle and parts manufacturers from France to Sweden revealed plans for at least 35,000 job cuts.

Tara Patel | Bloomberg News
May 29, 2020
Government, Business, Equipment

Nissan Warns About Future of European Plants as Brexit Weighs

Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.

Tara Patel | Bloomberg News
February 24, 2020
Business, Technology

Renault-Nissan Alliance Being Rebuilt After Carlos Ghosn Era

Renault SA Chairman Jean-Dominique Senard said the two-decade automotive partnership with Nissan Motor Co. has moved on from the Carlos Ghosn era, dismissing reports it’s in danger of collapse and signaling the “anguish” of last year is over.

Tara Patel | Bloomberg News
January 16, 2020
Business, Equipment

VW’s Traton Joins Rivals in Warning Demand for Trucks Is Souring

Volkswagen AG’s Traton truck-making division echoed competitors in warning it’s “intensively” preparing for a much more difficult environment next year.

Tara Patel | Bloomberg News
November 4, 2019