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Toyo Tires Launches Proxes Sport 2: A Max-Performance Summer Tire for Electrified Performance

SHERIDAN, WYOMING – November 19, 2024 – SHERIDAN, WYOMING – November 19, 2024 – Toyo Tires, a leading manufacturer of high-performance tires, has unveiled its latest innovation: the Proxes Sport 2. This max-performance summer tire is engineered to meet the unique demands of today's electric sports cars, CUVs, and SUVs, offering drivers an unparalleled blend of performance, handling, and safety.

Engineered for Spirited Driving

The Proxes Sport 2 is designed for drivers who demand the most from their vehicles. It delivers exceptional wet and dry traction, precise handling, and enhanced cornering stability, making it the perfect choice for spirited driving enthusiasts.

Innovative Features for Enhanced Performance

Toyo Tires has incorporated a range of innovative features into the Proxes Sport 2 to elevate its performance:

Bridgestone India Invests $85 Million in Premium Tire Production

SHERIDAN, WYOMING – November 19, 2024 – SHERIDAN, WYOMING – November 19, 2024 – Bridgestone India, a subsidiary of the global tire giant Bridgestone Corporation, is making significant investments to expand its production capacity and capabilities in the Indian market. The company announced a strategic growth investment of US$85 million focused on enhancing its Pune and Indore plants to bolster its premium-mass strategy.

Expanding Capacity and Capability

This investment is set to significantly increase Bridgestone's tire production in India. By 2029, the Pune plant is projected to increase its total production capacity by approximately 1.1 million tires annually. Additionally, the investment will be used to "improve capability to ensure premium tire production at the Indore plant".

Focus on Premium Passenger Tires

Stellantis Motorsport Celebrates 560 Rally4 Sales with Delivery in Peru

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis Motorsport is marking a significant milestone with the delivery of its 560th Rally4 car. The car, a Peugeot 208 Rally4, was delivered to Samuel Benedetti Dyer in Peru.

A Popular Choice for Rally Drivers

Introduced in 2020 with the Peugeot 208 Rally4, the Stellantis Motorsport Rally4 family has become a popular choice for rally drivers worldwide. The range expanded in 2021 with the Opel Corsa Rally4, and the Lancia Ypsilon Rally4 is set to join the lineup in 2025.

Cristiano Fiorio Takes the Helm of Alfa Romeo Global Marketing and Communication

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Alfa Romeo, the iconic Italian automaker renowned for its blend of performance, style, and heritage, has appointed Cristiano Fiorio as the new Head of Alfa Romeo Global Marketing and Communication. Fiorio, a seasoned marketing and communication professional with a proven track record within the Stellantis group, will report directly to Santo Ficili, CEO of the Alfa Romeo and Maserati brands.

A Wealth of Experience in Strategic Marketing

Fiorio brings a wealth of experience to his new role, having joined Alfa Romeo in 2021 as head of the Formula 1 project. His leadership was instrumental in maximizing the results and return on investment of this strategic global marketing operation.

Alfa Romeo Junior Competes for "Car of the Year 2025"

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – The Alfa Romeo Junior has been named a finalist for the prestigious "Car of the Year 2025" award. Selected from an initial pool of 42 contenders, the Junior is one of just seven finalists vying for this coveted international honor.

The "Car of the Year" award is judged by a panel of 60 esteemed automotive journalists representing 23 European countries. The jury rigorously evaluates each vehicle based on specific criteria, including design, innovation, safety, and driving dynamics. The winner will be announced at the Brussels International Motor Show on January 10, 2025.

A Triumphant Return to the Compact Segment

Alfa Romeo Showcases Heritage and Innovation at Milano AutoClassica 2024

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Alfa Romeo, the renowned Italian automaker celebrated for its rich heritage and sporty performance, made a captivating appearance at the 14th edition of Milano AutoClassica. The event, held from November 15th to 17th, brought together automotive enthusiasts, experts, and industry insiders to admire a blend of classic and contemporary vehicles.

Stellantis Heritage: Preserving the Past, Embracing the Future

Alfa Romeo's presence at Milano AutoClassica was further enhanced by the participation of Stellantis Heritage, the department dedicated to protecting and promoting the historical legacy of the Stellantis group's Italian brands. This collaboration highlighted the unbroken link between Alfa Romeo's iconic past and its innovative present.

A Showcase of Automotive Masterpieces

Stellantis Appoints Eligio Catarinella as Head of Sales and Marketing in Enlarged Europe

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis, one of the world's leading automakers, has announced the appointment of Eligio Catarinella as the new Head of Sales and Marketing for Stellantis Enlarged Europe. Catarinella, a seasoned automotive industry veteran with extensive experience within the Stellantis group, will report directly to Jean-Philippe Imparato, COO of Stellantis Enlarged Europe.

A Proven Track Record in the Automotive Industry

Catarinella's career within the Fiat Group, now part of Stellantis, began in 2005. Over the past 19 years, he has held progressively senior roles in Sales & Marketing, both in Italy and internationally, demonstrating a deep understanding of the automotive sector.

His impressive resume includes key positions such as:

Stellantis Unleashes STLA Medium Platform: A Game-Changer in Electric Vehicle Technology

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V., a global automotive giant renowned for its diverse portfolio of iconic brands, has unveiled its groundbreaking STLA Medium platform, a revolutionary architecture designed to propel the future of electric vehicles (EVs). This innovative platform sets new standards for range, efficiency, and performance, promising an unparalleled driving experience for EV enthusiasts worldwide.

STLA Medium: Engineered for the Heart of the Market

The STLA Medium platform is strategically engineered to cater to the C- and D-segments, the core of the global vehicle market, which accounted for a staggering 35 million vehicle sales in 2022. This adaptability allows Stellantis to cater to a wide range of customer preferences, offering a diverse lineup of passenger cars, crossovers, and SUVs across its various brands.

Stellantis Brands Shine in Q3 2024: Global Sales Success and Electrification Drive Momentum

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis, the global automotive powerhouse behind a diverse portfolio of 14 iconic brands, is celebrating a string of commercial successes in the third quarter of 2024. Despite a year marked by industry transitions, Stellantis brands continue to resonate with customers worldwide, demonstrating strength in key markets and a growing appetite for innovative, electrified vehicles.

Global Market Leadership

Stellantis has secured the top spot in several major automotive markets, including France, Italy, Brazil, Portugal, Turkey, Algeria, and Argentina. The company also boasts a strong presence in Europe's leading economies, ranking among the top three automakers in Germany, Spain, and the United Kingdom.

Stellantis Navigates Q3 2024 Transition Amidst Product Upgrades and Inventory Reduction, Reaffirms Full-Year Guidance

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP), a global automotive leader, today announced its third-quarter 2024 results, demonstrating a strategic focus on navigating a transitional period marked by product upgrades and inventory reduction initiatives. The company reported lower net revenues while also reaffirming its full-year guidance.

Q3 2024 Financial Highlights

Stellantis reported net revenues of €33.0 billion for the third quarter, a 27% decrease compared to the same period in 2023. This decline is primarily attributed to lower shipments, unfavorable sales mix, and the impact of pricing and foreign exchange.

Despite the revenue decrease, Stellantis Chief Financial Officer Doug Ostermann expressed confidence in the company's progress.