One year ago, Stellantis announced plans to add an electrified 4xe plug-in hybrid Jeep Gladiator to North America by the end of 2025. The electrified Jeep Gladiator never made it into production.The automaker will no longer include an electrified Gladiator in its Jeep lineup as it reassesses its product strategy, the company told TechCrunch in an emailed statement. The company cited changing customer preferences as a primary driver of its decision. “The Jeep Gladiator carries its rugged styling and authen ...

In Brief Stellantis, the car-making giant behind Chrysler, Fiat, Jeep, Dodge, Ram, and other brands, has confirmed a data breach involving customers’ personal information. In a statement published Sunday, Stellantis said it experienced a breach of a “third-party service provider’s platform that supports our North American customer service operations.”  The statement said “contact information” was taken, but a company spokesperson did not respond to TechCrunch’s questions about what specific types of custom ...

U.S. equity markets continued their robust performance on Monday, September 22, 2025, with major indexes extending their record-setting rally. Despite an early morning dip attributed to profit-taking and concerns over a potential government shutdown, afternoon trading saw a strong recovery, buoyed by optimistic investor sentiment following last week's Federal Reserve interest rate cut and significant corporate news in the technology and pharmaceutical sectors.Current Market Indexes and Afternoon ActivityThe ...

Given the significant challenge posed by the influx of vehicles from Chinese manufacturers, one might have expected a more robust response. Personally, I would have thought that the First Strategic Dialogue would have allowed delegates to conclude that, “bold and fast action was required”. The European automotive industry is facing a pivotal moment, and the response whilst measured and diplomatic in tone needs to better reflect the gravity of the situation.On 12 September in Brussels, the Third Strategic Di ...

Shares of China’s BYD (1211.HK) slipped on Monday on news Berkshire Hathaway fully exited its stake in the EV-maker. Berkshire had been selling off pieces of its stake in BYD starting in 2022, but now it appears the Warren Buffett conglomerate has completed its divestment. As first reported by CNBC, a Q1 financial filing by Berkshire Hathaway Energy, the subsidiary that held the shares, listed the value of the investment as zero at the end of the quarter. Hong Kong-listed shares of BYD fell over 3% in M ...

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining over 50 points on Monday.The Dow traded up 0.01% to 46,321.12 while the NASDAQ rose 0.24% to 22,685.77. The S&P 500 also rose, gaining, 0.15% to 6,674.60.Check This Out: Top 2 Tech Stocks That May Plunge This MonthLeading and Lagging SectorsInformation technology shares jumped by 0.4% on Monday.In trading on Monday, consumer staples stocks fell by 0.5%.Top HeadlinePfizer Inc. PFE on Monday agreed to acquire Metsera, I ...

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Key Takeaways Porsche delays EV launches and shifts SUV plans to combustion and hybrid options.Rescheduled EV platform adds up to EUR1.8B costs, cutting 2025 profit forecasts.Volkswagen lowers margin view to 2-3%, Porsche to 2% sales return outlook.Volkswagen AG’s (VWAGY) subsidiary, Porsche, has delayed its electric vehicle rollout amid weaker demand, challenges in China and higher U.S. tariffs. The shift has prompted both Porsche and Volkswagen to reduce their profit forecasts for 2025.Per Oliver Blume, ...

Tesla TSLA is pushing toward record third-quarter deliveries while sharpening its focus on artificial intelligence and autonomy despite rising competition from Chinese EV makers.The company continues to lead on real-world AI and self-driving technology, even as brand challenges and political headwinds weigh on its outlook.Tesla stock gained on Monday after Piper Sandler analyst Alex Potter maintained an Overweight rating and raised its price forecast from $400 to $500.Also Read: Tesla’s Model YL Takes On To ...

Joining us now very pleased to say is Garrett Nelson, vice president and senior equity analyst, CFRA research, who actually downgraded Tesla to sell last week with a $300 price target. Uh Garrett, let's just get over to you and I'm just wondering exactly what was behind that call. >> Yeah, thanks for having me.In our view, earnings expectations are too high surrounding the name. Um and so it's a mix of expectations being too high and then valuation. uh the stock is now trading well north of 200 times our EP ...