Genesis today announced the opening of Genesis Design California in El Segundo. This small new design studio house 45 team members and will focus on the North American market. It’s a milestone for the growth of the brand, which is celebrating its 10th anniversary this year, while caught in the crossfire of Trump’s trade wars.
“Genesis Design California embeds our team directly in the U.S. market, ensuring we design vehicles that truly resonate with North American customers,” said José Muñoz, president & CEO of Genesis. “The investment in this facility and the jobs it is creating are emblematic of our long-term commitment to North America. In just 10 short years, Genesis has created an innovative design identity tied directly to its Korean cultural heritage. This studio will play a central role in shaping generations of new products that deepen the emotional connection between our brand and the customers we serve.” Continue reading








Stellantis Post Q3 2025 Shipments of 1.3M
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Stellantis N.V. (NYSE: STLA. STLAM.MI) today released its Q3 consolidated shipment estimates. “Shipments” is the volume of vehicles delivered to dealers, distributors, or directly from the Company to retail and fleet customers, which results in revenue recognition. Consolidated shipments for the three months ending September 30, 2025, were an estimated 1.3 million units, a 13% increase y-o-y. Most of the increase was driven by North America, also supported by year-over-year shipment growth in Enlarged Europe and Middle East & Africa. Business environment and competitive challenges remain in China and South America.*
“Consolidated shipment volumes for Q3 2025 here are unaudited and may be adjusted,” Stellantis said in a minimalist press release. Continue reading →