Search results for: automotive industry

Stellantis Appoints Antonio Filosa as New CEO Amid Tariff Concerns

Stellantis appoints Antonio Filosa as new CEO amid tariff concerns and sales challenges. Filosa, with 25+ years in auto industry, aims to revive the company's fortunes in North America and Europe.

Volvo Cars Sales Drop 12% Amid US Tariff Challenges

Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)