Putin’s war against Ukraine continues to present uncertain, but no doubt negative impacts on the global auto industry. The Medium and Heavy Truck segments throughout the European region are now clearly under extreme risk. Other collateral risks – such as the shutdown of Toyota in Japan this morning because of a cyber-attack – will only become apparent after they happen in AutoInformed’s view.
“The Ukrainian market and auto sector will, no doubt, bear the brunt but effects are also likely to be felt elsewhere in the region,” said Zita Zigan, Director, Global CV at the respected LMC* consultancy this morning. “Some of the variables that are likely to be immediately affected are critically relevant to truck demand across the region,” Zigan said. Following are highlights of myriad problems – real and potential. Continue reading
Finally – First Jeep EV Teased by Stellantis
Welcome to the EV parade. Click to Enlarge.
At Stellantis’ Dare Forward 2030 strategic plan presentation today, Carlos Tavares, chief executive officer of Stellantis, revealed images of the first-ever 100% battery-electric Jeep SUV. It’s part of Jeep’s global initiatives toward the full electrification of its SUV portfolio.
This new fully electric Jeep vehicle is scheduled to be launched early next year. It’s claimed this will broaden the brand’s reach by taking the next step to the achievement of Jeep brand’s vision of Zero Emission Freedom. More information on the Jeep battery-electric vehicle (BEV) will be released in the coming months.