Tag: Stellantis NV

  • Dodge Challenger SRT Demon resurrected for the last year of muscle cars

    Dodge is reviving its controversial muscle car model, the Challenger SRT Demon, with one last special edition of the vehicle before production of the brand’s current V8-engined cars ends later this year. Dodge says the new car will make a total of 1,025 horsepower, 945 foot-pounds of torque and will hit 60 mph in 1.66 […]

  • Wall Street stocks bribe for the rise of electric vehicles

    The global automotive industry is in transition as consumers increasingly eschew combustion engine vehicles for electric vehicles. It means EVs are capturing a larger share of the global car market, according to French investment bank Societe Generale, with a third of cars sold in China now being electric. The “sharp acceleration” of electric vehicle adoption […]

  • Auto giant Stellantis posts record annual profit, announces buyback

    On August 18, 2022 in Dundee, Michigan, an engine is being assembled at the Stellantis Dundee Engine Complex. Bill Pugliano | Getty Images Automaker Stellantis reported record full-year results on Wednesday, with net profit up 26% to 16.8 billion euros ($17.9 billion) and a 41% annual increase in global battery and electric vehicle sales. The […]

  • The Ford F-150 Lightning had a separate battery problem before the fire

    Ford employees will produce the electric F-150 Lightning pickup on December 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – A faulty battery that caused a company-owned Ford F-150 Lightning to catch fire earlier this month isn’t the only problem the Detroit automaker has recently experienced with […]