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According to preliminary estimates, US Light Vehicle (LV) sales fell by 5.6% year-on-year (YoY) in August, to 1.39 mn units.
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In this third of three reports, the final five of Stellantis' fifteen brands are examined.
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Cost reduction strategy aimed at keeping the company competitive amid major global challenges.
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The arrangement under discussion would pair Maserati with Maextro, the premium marque Huawei has built alongside JAC.
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The Japanese automaker is looking to this expansion from what it terms “value chain revenue”.
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The market remains supported by vehicle tax cuts, order backlogs.
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The new electric arc furnace plant in Louisiana is scheduled to become operational in 2029.
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The collaboration is expected to underpin the French roll-out of Lucid’s vehicle range, including the Lucid Air saloon and the Lucid Gravity SUV.
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The agreement, signed today (4 September) during the Gulf Green Mobility Forum, ties Hyundai to Oman’s Vision 2040 agenda.
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August UK car sales were up 13.7% to 94,236 units in what is a low-volume month of the calendar year.
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