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The Sealion 7 will be the brand's most technologically advanced model in Europe.
Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said.
The addition of Tesla is another indication that the Paris show is enjoying something of a comeback after a lackluster 2022 edition.
As Stellantis tries to build sales momentum in the U.S. and presses forward with its EV offensive, it's facing unrest among several constituencies that are monumentally important to its success.
A quick look at the top automotive stories of the week as determined by reader interest.
Manufacturers are under increasing pressure to incorporate novel, recyclable materials that produce fewer greenhouse gases. Many are turning to next-generation materials.
The recall affects about 13,200 Canyons in the U.S., about 40 percent of which are in dealership inventory or in transit, a GM spokesperson said.
While nothing has been promised or is happening now between GM and Hyundai, the potential is huge.
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis.
General Motors and Hyundai Motor Co. will explore cooperation in everything from passenger and commercial vehicles to electric cars and raw materials under a sweeping agreement that aims to improve efficiencies, slash costs and reach bigger economies of scale.
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility company.
Rivian's new rewards program offers a $750 credit and six months of free charging to the Rivian owner making the referral and to the buyer of a new R1T pickup or R1S crossover, the company said.
The auto industry has a multitude of issues plaguing it, from overregulation and a push to an all-EV marketplace to overpriced model offerings with higher-interest loans that have placed many buyers out of the market.
Consumers will switch to EVs after the range and charging speed matches that of gasoline vehicle refueling.
TO THE EDITOR:
Regarding autonews.com’s “Stellantis laying off up to 2,450 workers at Mich. truck plant” (Aug. 9), “Nissan offers buyouts to salaried workers as U.S. business slides” (Aug. 6) and “Seating supplier to cut jobs in Detroit after truck discontinuation” (Aug. 2), along with a video discussion about Chrysler’s future with Stellantis (Aug. 5) : Are we looking at the beginnings of a bloodbath?
ROBERT GAULT, President, Gault Chevrolet
Endicott, N.Y.
But variations of a lithium iron phosphate chemistry could make up a third of the market by 2030, surging from less than 10 percent today, according to Boston Consulting Group.
The industry will figure EVs out, but it will take time.
Average plant capacity utilization — or a plant's actual production rate compared with its potential rate — is 70 percent in North America so far this year, according to GlobalData. That's 10 points shy of the level most carmakers strive for. Capacity utilization will fall again starting next year and plunge to an average 65 percent in 2030 and 63 percent in 2035.
If automakers don't reassess their assembly plants over the next few years, underutilization could become another pain point of the EV transition.
The Lexus LF-ZL and LF-ZC concept EVs feature styling cues and advanced technology that brand officials said will be coming to Lexus within the next several years.
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