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Daily Newsletter

19 October 2023

Daily Newsletter

19 October 2023

Stellantis axes 2024 CES plans

Show is scheduled for January 2024

Graeme Roberts October 18 2023

Stellantis said it was cancelling its CES 2024 display and presentations "with a focus on preserving business fundamentals in the wake of ongoing UAW negotiations" and "as part of the contingency plan implemented since the beginning of the UAW strike".

In a statement, the automaker said it was "executing comprehensive countermeasures to mitigate financial impacts and preserve capital, and will continue to demonstrate its transformation into a mobility tech company through other means".

CES 2024, the world’s largest technology show, is scheduled for January 2024 in Las Vegas, Nevada.

APAC leads the Connected Vehicle Technologies market in 2023

The France foodservice profit sector generated revenue of EUR125.2 billion in 2022 and is forecasted to record a CAGR of over 5% during 2022-2027 driven by an increase in the transaction count. QSR was the largest profit sector channel in 2022, followed by FSR, accommodation, and others. QSR’s popularity reflects the growing preference for convenient and affordable food offerings.

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