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CarBuzz on MSNTEASER: The Affordable Jeep America's Been Waiting For Could Suffer A Major SetbackThe Jeep Compass is long overdue for a replacement, and that replacement will arrive later this year. Jeep is teasing the new compact crossover, confirming the timeline for the model's reveal along with one of the sites where it will be assembled.
Former Stellantis chief executive Carlos Tavares received a €23mn pay package in 2024 and a €12mn severance deal for his sudden resignation in December following a sharp deterioration in the carmaker’s performance.
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CarBuzz on MSNThe Future Of This Next-Gen Jeep SUV Is In DoubtThanks to big changes at Stellantis in recent months and a new administration in the White House, Jeep must reevaluate.
“We need to get Jeep back,” said Mike Koval who this week was named head of Jeep sales and operations for the brand globally. Koval was at the 2025 Chicago Auto Show to reveal a new trim level for the 2025 Jeep Wagoneer S, a premium midsize electric SUV.
After racking up hefty profits in the first three years of its existence, Stellantis' balance sheet took a dive in the second half of 2024. Revenue fell 21 percent globally from July through December and 38 percent in North America, where it lost $1.8 billion during that period.
The new head of Jeep admitted that prices had gone up too much and adjusted stickers. Now, Wagoneer is winning an important award from Vincentric.
Detroit Free Press on MSN7d
Stellantis says UAW members could see $3,780 profit-sharing checks, a big drop from 2024Stellantis had the lowest profit-sharing total of the Detroit Three; UAW President Shawn Fain blamed former CEO Carlos Tavares.
The hits keep coming for Jeep parent company Stellantis after the floundering global automaker moved to discontinue one of its most iconic family SUVs in Australia.
Jeep dealers left “high and dry” by the brand’s “embarrassing” strategy in Australia have had crisis talks with the manufacturer following the axing of its best-selling model.
The carmaker is reassessing its product strategy amid recent leadership shakeups as well as EV and tariff policy changes under President Donald Trump.
Stellantis shares fell in premarket trading Wednesday after the struggling automaker's 2024 profit disappointed investors, although the Jeep and Chrysler parent said it expects to return to revenue growth this year.
As Stellantis chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority.
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