China prepares to buy Stellantis' iconic brands as Profits and sales CRASH
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Published 2024-07-27
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All Comments (21)
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Chinese automakers are smart. Too smart to be conned into buying the devalued “Jeep” name.
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Your assessment is on-the-money.
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Imagine if China bought every single car company.
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I would say that having your cars made in China levels the playing field & is a smart move. It also spreads the risk.
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Stalans can only get in trouble if they falsify their financials or provide bogus investor guidance. Consumers can sue them over a defect in one of their cars. I’m not sure what other grounds they could be sued on.
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PSA was doing quite well and when they bought Opel from GM it took just two years for Opel to turn its first profit in decades. The merger with FCA was too big a byte to swallow.
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Dodge and Jeep are toast. They are no longer affordable!
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they are loosing money in Italy too with the 500e... and they are threatening the gov to give them money else they will close factories....The Panda eV with a price below 25k Euro will be made in Serbia...
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In SEA Maserati is known as a cheap expensive brand.
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Did you day Stalantis made a profit. That's a novelty in the car industry atm.
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The brands were bought by stelantis but never improved. The only think that happened is they raised prices. You can only hide behind a brand name for so long before the truth comes out
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They have a 10 year supply already on dealer lots
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Merging a bunch of money losing brands together will somehow succeed..
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Sam, can you please cover the new Electric Dodge Charger? I think it looks great.
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Useless, underperforming and grossly overpaid CEO, did I mention that he is GROSSLY overpaid?
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I can't see any benefit to the bigger Chinese manufacturers buying the DS brand. It's never really created any individual value. It might work for a smaller manufacturer looking for a foot in the door.
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Good for you calling out on their lies
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Sam, you should embrace any EV as it is better for the environment in the long run. To get over the crisis, your company, BYD, had pivoted to hybrids, which is less effective. What is better, a Stalantis EV or a BYD hybrid?
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Stellantis is what happens when a bunch of failing legacy auto companies tries to survive...
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What's that neon green car at the beginning? I want me one!
