US new car sales surge in 2024 as demand for hybrids and incentives drive growth

US new car sales surge in 2024 as demand for hybrids and incentives drive growth

US new car sales surge in 2024 as demand for hybrids and incentives drive growth By: Reuters | Updated on: 04 Jan 2025, 08:58 AM US new-car sales rose to 15.9 million in 2024, driven by increased inventories and demand for hybrids. Automakers predict strong sales into 2025, but potential policy changes under President-elect Trump … Read more

Stellantis faces leadership vacuum as CEO Tavares steps down amid sales declines

Stellantis faces leadership vacuum as CEO Tavares steps down amid sales declines

Stellantis faces leadership vacuum as CEO Tavares steps down amid sales declines By: Bloomberg | Updated on: 06 Dec 2024, 09:36 AM The resignation of Stellantis CEO Carlos Tavares creates uncertainty as the company grapples with declining sales and leadership challenges. Carlos Tavares, CEO of Stellantis, standing next to a Citroën C5 Aircross Concept vehicle … Read more