Stellantis shipments drop 20%, but eventually resolved
The automaker's North American shipments fell sharply as the region cut production to combat an inventory glut Stellantis revealed that third-quarter shipments are expected to decline by approximately 20%. The biggest declines were in North America, where companies are looking to clear excess inventory through production cuts and greater incentives. Maserati's shipments plunged 60%, although that's not surprising considering the demise of the Ghibli, Quattroporte and Levante. Stellantis has been dealing with an inventory glut, which they are working to address through a series of incentives and production cuts. While this isn't exactly news, the company revealed that third-quarter shipments are expected to drop 20%. This equates to approximately 279,000 vehicles, with the largest decline occurring in North America. Among them, shipments fell by approximately 171,000 units in the third quarter. More: New car inventory surges, Stellantis drowned in unsold cars The company said the majority of the production decline - more than 100,000 units - can be attributed to…
Suzuki Jimny and Hummer H2 drag race, but eventually stop
The bulky 6.0-litre H2 engine has three times the power of the 1.5-litre Jimny, but seems to take three times as long to stop. go through Chris Chilton 12 hours ago In the Carwow David vs. Goliath drag race video, the modern Suzuki Jimny goes up against the early 21st century Hummer H2. Suzuki's 1.5-liter four-cylinder is rated at 101 horsepower (102 PS), while GM says the 6.0 V8 in early H2 models is rated at 325 horsepower (330 PS). Both cars won in the acceleration test, but the H2's brakes performed extremely poorly in the braking test. Suzuki's versatile Jimny has a lot of things going for it, but quick acceleration isn't one of them. So you might think it's unlikely to beat an equally boxy, ladder-framed SUV with a big V8 engine. But Carwow's latest drag racing showdown has some surprises. The Jimny, which is the personal property of host Mat Watson, is a 2020 model and is…
CarShield sued for counterfeit goods, eventually awarded $10 million
FTC says CarShield reviews were misleading, settles lawsuit for $10 million August 26, 2024 — The U.S. government settled a lawsuit for $10 million after accusing the auto warranty company CarShield of using fake reviews and ads to sell its car protection plans. According to the Federal Trade Commission's lawsuit against CarShield, CarShield and American Auto Shield used misleading reviews and celebrity endorsements to sell auto service contracts. In advertisements and telemarketing for these auto warranty service contracts, CarShield promised consumers “peace of mind” and “protection” and claimed that “you won’t be stuck with high repair bills again” and “you’ll never pay for expensive auto repairs again.” CarShield, based in Missouri, advertises warranty service contracts administered by Lakewood, Colorado-based American Auto Shield. CarShield sells its plans through telemarketers who answer incoming calls and make outbound calls in response to consumers, including those who make inquiries through the website. Telemarketers used scripted statements written by CarShield to sell automotive service contracts…
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Türkiye Istanbul Solar Photovoltaic Exhibition 2025 Exhibition Guide (Time & Venue + Ticket Booking)
