{"id":350030,"date":"2024-11-03T15:31:42","date_gmt":"2024-11-03T14:31:42","guid":{"rendered":"https:\/\/climatescience.press\/?p=350030"},"modified":"2024-11-03T15:31:44","modified_gmt":"2024-11-03T14:31:44","slug":"vauxhall-owner-suffers-sales-plunge-amid-ev-slowdown","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=350030","title":{"rendered":"Vauxhall Owner Suffers Sales Plunge Amid EV Slowdown"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From The Daily Sceptic<\/a><\/p>\n\n\n\n

By\u00a0Will Jones<\/a><\/p>\n\n\n\n

Vauxhall owner Stellantis\u2019s sales have plunged by more than a quarter amid production issues and an electric vehicle slowdown in Europe. The Telegraph <\/em>has the story<\/a>.<\/p>\n\n\n\n

\n

Stellantis, which also owns Citroen, Fiat and Peugeot, said revenues slumped from \u20ac45.1bn (\u00a337.7bn) to \u20ac33bn (\u00a327.6bn) in the third quarter of 2024.<\/p>\n\n\n\n

The number of vehicles shipped by the company fell from 1.5 million to 1.3 million over the period.<\/p>\n\n\n\n

Bosses have blamed delayed model launches and tough competition in Europe, as well as lower numbers of cars shipped to the U.S. \u2013 where the company is seeking to shift a surplus of vehicles that have piled up in sales lots.<\/p>\n\n\n\n

In Europe, Stellantis and other car makers have complained about tough new regulations aimed at boosting take-up of EVs<\/a>, even as inflation has battered households and led to softer demand for the cars.<\/p>\n\n\n\n

Sales in Europe dropped from \u20ac14.1bn (\u00a311.8bn) to \u20ac12.5bn (\u00a310.5bn) in the third quarter, while vehicle shipments fell from 599 million to 496 million.<\/p>\n\n\n\n

Stellantis and its European peers face what many analysts see as an existential struggle with Chinese electric car manufacturers for control of the passenger vehicle mass market.<\/p>\n\n\n\n

This has prompted Volkswagen, Europe\u2019s biggest car maker, to propose huge workforce cuts and the closure of German factories<\/a> for the first time, partly in an effort to plough more investment into EV development.<\/p>\n<\/blockquote>\n\n\n\n

Worth reading in full<\/a>.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Vauxhall owner Stellantis\u2019s sales have plunged by more than a quarter amid production issues and an electric vehicle slowdown in Europe.<\/p>\n","protected":false},"author":121246920,"featured_media":350032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818341,691819134,691819526,691830885,691818583,691818228,691818387,691818154,691831295],"class_list":{"0":"post-350030","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-china","9":"tag-climate-alarmism","10":"tag-electric-car","11":"tag-electric-cars-evs","12":"tag-europe","13":"tag-fossil-fuels","14":"tag-internal-combustion-engine","15":"tag-net-zero","16":"tag-stellantis","18":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/11\/0Screenshot-2024-11-01-111403.jpeg?fit=1009%2C628&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1t3E","jetpack-related-posts":[{"id":270050,"url":"https:\/\/climatescience.press\/?p=270050","url_meta":{"origin":350030,"position":0},"title":"Europe faces Chinese cheap car \u2018invasion\u2019, Vauxhall owner\u00a0warns","author":"uwe.roland.gross","date":"28\/07\/2023","format":false,"excerpt":"Vauxhall owner Stellantis has warned of a coming \u201cinvasion\u201d of cheap Chinese cars as it pressures its suppliers to cut costs to compete.","rel":"","context":"In \"China\"","block_context":{"text":"China","link":"https:\/\/climatescience.press\/?tag=china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/00Screenshot-2023-07-28-at-3.38.48-AM-1280x716-1.png?fit=1200%2C671&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/00Screenshot-2023-07-28-at-3.38.48-AM-1280x716-1.png?fit=1200%2C671&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/00Screenshot-2023-07-28-at-3.38.48-AM-1280x716-1.png?fit=1200%2C671&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/00Screenshot-2023-07-28-at-3.38.48-AM-1280x716-1.png?fit=1200%2C671&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/00Screenshot-2023-07-28-at-3.38.48-AM-1280x716-1.png?fit=1200%2C671&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":427153,"url":"https:\/\/climatescience.press\/?p=427153","url_meta":{"origin":350030,"position":1},"title":"Big Auto’s Bitter Pill: The Electric Boom Has Hit the Wall","author":"uwe.roland.gross","date":"20\/02\/2026","format":false,"excerpt":"A growing industry consensus that the rapid, widespread adoption of electric vehicles (EVs) - 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