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Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
Stellantis

Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won’t Arrive Until 2027

The numbers Stellantis published Wednesday, February 26, confirm what the February 6 preliminary announcement already signaled: Stellantis booked a €20.1 billion net loss for the second half of 2025, or roughly $23.8 billion, driven by €25.4 billion in total writedowns across the full year. The second-half adjusted operating loss came in at €1.38 billion, in line with…

France

Ford Partners With Renault to Build Cheap EVs in France by 2028

Ford is turning to French automaker Renault to develop two entry-level electric vehicles for Europe, abandoning its own platform as too expensive to compete with Chinese rivals, reports the WSJ. Why it matters: The deal marks Ford’s admission that it cannot build affordable EVs alone as Chinese brands capture 6.7% of the European market. The…

Diesel’s Death Spiral: PHEVs Outsell Oil-Burners in Europe for the First Time
Fiat

European Automakers Push For 2035 Combustion Engine Ban Reprieve As EV Transition Stalls

Europe’s embattled carmakers are hoping for regulatory relief when Brussels unveils an auto sector package on December 10, which could water down an effective ban on new combustion engines initially slated for 2035. The continent’s automakers from Volkswagen to Renault had high hopes for the electric vehicle shift when they set ambitious targets at the…

Diesel’s Death Spiral: PHEVs Outsell Oil-Burners in Europe for the First Time
Europe

Diesel’s Death Spiral: PHEVs Outsell Oil-Burners in Europe for the First Time

Plug-in hybrids have officially buried diesel in Europe’s powertrain hierarchy. For the first time in automotive history, PHEVs outsold diesel vehicles across the continent through October 2025, according to data from the European Automobile Manufacturers’ Association. The milestone marks another grim chapter in diesel’s decade-long collapse, a downfall that began with Volkswagen’s emissions-cheat

BMW Mulls Chinese-Style Range Extenders For X5 And 7-Series As China Sales Crater
BMW

BMW Mulls Chinese-Style Range Extenders For X5 And 7-Series As China Sales Crater

BMW is weighing the addition of range-extending engines to some of its vehicles in China, including the X5 SUV and 7-Series sedan, according to people familiar with the matter. The move would make BMW the first German automaker to embrace technology popularized by Chinese competitors like BYD and Li Auto. This isn’t innovation. It’s adaptation…

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