MILAN — Stellantis plans to cut as many as 2,000 jobs in Italy this year to further reduce its workforce in Fiat’s former home country as the transition to electric vehicles takes its toll. The automaker, formed from the merger of PSA Group and Fiat Chrysler, and local unions agreed on the reductions that represent
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American Car Center last week told employees the business was closing its doors, a day after it pulled a $222 million bond sale from the market, according to people familiar with the matter. The used car lender, which tends to target consumers regardless of their credit history, said in an email to employees the firm
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SHANGHAI — CATL, the world’s largest battery maker, has offered to cut costs for Chinese automakers, a move that demonstrates its market power and could also widen China’s cost advantage in electric vehicles. China’s CATL has offered smaller domestic electric-vehicle makers discounted prices on batteries, according to four people with knowledge of the terms. The discount
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In this article FSR FSR Follow your favorite stocksCREATE FREE ACCOUNT Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric
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Born in Namyang and honed at Nurburgring, Hyundai has developed a new line of performance vehicles built to give you a race-inspired rush. This is N. MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Learn more: https://www.hyundaiusa.com/us/en/performance #ElantraN #HyundaiPerformance Get a fast, simple, and free car quote
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Feb 23, 2023 SAKHIR, Bahrain — Reigning world champion Max Verstappen started the 2023 Formula One season where he left off in 2022 by topping the first morning of testing in Bahrain. The Red Bull driver set a 1:32.959 — 2.5 seconds off last year’s pole position time at the same circuit — as all
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Nickel-Plated Tesla Model X Is Worth Every Cent | Carscoops Admitedly nickels are not the best option for covering the entire bodywork of your Tesla by Thanos Pappas 11 hours ago by Thanos Pappas Despite its gullwing rear doors and impressive performance, the Tesla Model X was not flashy enough for an owner in Utah,
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