Stellantis said today that Christine Feuell will join Stellantis as Chrysler Brand CEO on September 13, reporting to CEO Carlos Tavares. Previously Feuell was Chief Commercial Officer at Honeywell Safety and Productivity Solutions (SPS).
SPS claims “to provides products, software and connected solutions that improve productivity, workplace safety …through mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls.” (see AutoInformed.com on Stellantis Posts Record H1 Results. Full-Year Guidance Upped) Continue reading












US August Light Vehicle Sales Continue Shrinking Trend
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New light-vehicle sales in August continued to decline with diminishing inventory on dealer lots. Sales in August totaled a SAAR of 13.1 million units, the lowest level since June 2020’s 13 million. August’s sales rate reduced the year-to-date SAAR to 16.1 million units from 16.5 million last month. August began with record-low inventory levels, and by month’s end total inventory had fallen an additional 5.2% for a new record low of 1.06 million units.
“Given the continuing announcements of plant shutdowns throughout the industry, sales for the rest of the year will likely be limited by these inventory constraints,” said Patrick Manzi, NADA Chief Economist. (Read AutoInformed.com on August Vehicle Sales to Drop as Prices Hit Record High; US Auto Sales Forecast Down Again in August) Continue reading →