Stellantis Plans 1,100 Layoffs in Ohio, Cites Need to ‘Regain Competitiveness’Stellantis announces layoffs of 1,100 workers at its Toledo Jeep plant to improve efficiency amid declining North American sales
Stellantis Sees a Double Digit Drop in Quarter 2Stellantis showed a sharp double-digit decline in the U.S. auto market during the second quarter compared to 2023 due to the low sales of plug-in hybrid electric vehicles (PHEVs). While Stellantis holds the top spot in the PHEV market, the sudden drop in PHEV sales indicates a need to revise its strategy. Stellantis sold 344,993 […]
Affordable Luxury? BYD’s Seagull EV Combines High Design with Low CostChina’s BYD plans to launch its $10,000 battery electric car, the Seagull EV, in the European market by 2025. The Seagull EV, priced at $10,000 in the Chinese market, will be equipped with BYD’s 30.08kWh and 38.88kWh LFP Blade batteries. The driving range is 190 miles and 252 miles, respectively, based on the CLTC standard. […]
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