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Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.

2022 Ram 1500, HD lineup and ProMaster all updated with Uconnect 5 infotainment

Uconnect 5 is making its way through the Stellantis portfolio, and today it’s RamÂ’s turn to get the redesigned infotainment system. ItÂ’s coming to all 2022 Ram products, including the Ram 1500, Ram HD lineup and even the ProMaster. The most important of the above products getting Uconnect 5 is the 2022 Ram 1500, though. Ram has adapted its system to run on the vertical 12-inch touchscreen that debuted in that truck. WeÂ’ve enjoyed using the previous version of Uconnect with that screen layout, and given our pleasant experiences with Uconnect 5 already, we have a feeling this update will only make things better. You can check out some of the systemÂ’s nitty gritty details in our Uconnect 5 reveal post, but Ram also spelled out some of the important — and even truck-specific — details for us with its announcement today. For one, the Ram version of Uconnect 5 allows specific customization of the home screen to display a bevy of powertrain gauges during heavy towing scenarios. It also features RamÂ’s “Off-Road Pages” (similar to SRTÂ’s Performance Pages) to give you detailed off-road data for your truck. Fleets should enjoy newly-available telematics data, which is one reason Ram added this new system to the ProMaster (shown just above). Uconnect 5 allows third-party companies to collect data on vehiclesÂ’ status through the cloud in order to better monitor them. Ram suggests this will increase efficiency when it comes to reporting accidents, getting vehicles in for maintenance and making decisions about routes and vehicle appropriation. Of course, added efficiencies ultimately mean less money out of pocket for the folks running the fleet. Just like other Stellantis models with Uconnect 5, the Rams will enjoy wireless Apple CarPlay and wireless Android Auto (now capable of going full screen on the 12-inch display), an updated navigation system with more capabilities, Amazon Alexa integration for voice services and the ability to be updated via over-the-air updates. Ram did not specify when Uconnect 5 would start appearing in 2022 models, but we suspect itÂ’ll be soon for all of them. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Dead man went unnoticed in pickup at airport for nearly 8 months

The Kansas City Star reports that on Sept. 12, Lenexa, Kan., police found a dead man in the cab of his Dodge Ram 1500 at the Kansas City International Airport. Though a disturbing thing to find at any time, the scene was made all the worse by the fact that the body had been sitting in that truck for eight months. That's right, for virtually all of 2017 to date. It seems likely that the missing man, Randy Potter, committed suicide, and it likely happened the night he was reported missing, which according to KCTV 5, was Jan. 17. This is because, according to the Chicago Tribune, Potter's parking ticket was printed that day. The fact that it took eight months to find Potter is astonishing. Although the Associated Press reports that Potter's body was covered by a blanket and the windows of the Ram were tinted, those aren't really excusable excuses. Potter's truck was in a large parking lot, one that holds nearly 6,000 cars, according to the Kansas City Star, but that shouldn't have mattered, since the company in charge of the lot, S-P+, was supposed to take an inventory of every car in the lot every single night. Plus, Potter's family took the license plate number of the truck to the parking lot security companies not long after his disappearance. Clearly no one from the parking company was watching closely. As for the police, the Star reports that they never checked the airport since there wasn't any evidence to say he might have gone there. Yet they say they spent "several hundred man hours" on the case, and their operating theory was that he had left his family. One way people leave is by plane. So how was the body finally discovered? Someone who parked nearby complained of a horrible smell. After eight months, no doubt. It's puzzling that no one would have reported a smell sooner. Though the problem would have been bad enough in winter and spring, it would have become pretty intense in the summer months, with high temperatures in the 90s translating into incredible heat inside a truck on shadeless pavement under the relentless Missouri sun. Related video: