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Auto giant Stellantis posts first-ever annual loss after EV writedowns

Sagar4 months ago03 mins

Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after booking substantial write-downs amid a major strategic shift. The multinational conglomerate, which owns household…

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Ford, Tesla, GM to report earnings amid tariffs, other challenges

Sagar8 months ago09 mins

A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created…

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  • Wemby: Losing in Finals 'biggest lesson of my life…
  • What Congress gets wrong about the Arctic Refuge and America's sportsmen
  • Socceroos vs. Türkiye recap: Australia joins USMNT…
  • Trump says Iran deal 'scheduled to be signed' Sunday, trashes Obama-era pact
  • Plum, Copper first to have dueling 40-point games

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