Stellantis N.V. is a multinational automotive manufacturer formed through the merger of Fiat Chrysler Automobiles and PSA Group. The company designs, engineers, manufactures, and sells a diverse portfolio of vehicles across multiple brands, including well-known names such as Jeep, Ram, Peugeot, Citroën, and Fiat. Stellantis aims to deliver innovative and sustainable mobility solutions while catering to a wide range of customer preferences and market segments worldwide, focusing on electric vehicles, advanced technologies, and connectivity in the automotive industry. Read More
The rollback eliminates penalties for missing fuel economy targets dating back to 2022, part of a broader effort to ease regulations on gasoline-powered vehicles.
NHTSA said that it received 14 vehicle owner questionnaire reports and six death and injury reports under its Early Warning Reporting program describing failures of the Brake Transmission Shift Interlock (BTSI) system.
Wolfe models about a €1 billion loss in North America this year, versus the consensus call for a roughly €1.6 billion profit, and added that "even this may be optimistic."
