Tag: Financial struggles
Stellantis Considers Shutting Down Underperforming Brands
Stellantis, the automotive giant formed through the merger of Fiat Chrysler Automobiles and Groupe PSA, is considering shutting down underperforming brands in its extensive portfolio. The CEO, Carlos Tavares, has made it clear that...
Rising Trend: Increase in Auto Repossessions
Car prices have been on the rise in recent years, making it difficult for many people to afford the monthly payments. A new study by Cox Automotive has revealed that auto repossessions have increased...