Jeep-maker Stellantis Reports 12% Revenue Decline in Q1 Due to Lower Sales Volumes, Sees Improved Growth and Profitability in Second Half of 2024 from nonude models Watch Video

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✓ Published: 01-May-2024
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Stellantis reported a 12% year-over-year decline in first-quarter revenue, citing lower sales volumes and foreign exchange impacts. Vehicle shipments fell 10% to about 1.3 million units as the company manages inventory ahead of new product launches. Stellantis is transitioning its portfolio and will launch 25 new models this year, including 18 battery-electric vehicles. Four new models were introduced in the first quarter, with the company expecting \

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Stellantis reported a 12% year-over-year decline in first-quarter revenue, citing lower sales volumes and foreign exchange impacts. Vehicle shipments fell 10% to about 1.3 million units as the company manages inventory ahead of new product launches. Stellantis is transitioning its portfolio and will launch 25 new models this year, including 18 battery-electric vehicles. Four new models were introduced in the first quarter, with the company expecting \
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Apple is set to report second-quarter earnings on Thursday, with Wall Street watching closely for updates on iPhone sales. Shares of Apple are down over 10% year-to-date in 2024, facing challenges including weaker iPhone demand in China and increased competition. Many analysts are focused on Apple's \
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Walmart Reverses Course, , Closes Down Its , Walmart Health Division.<br/>NBC reports that Walmart has announced <br/>it will close all 52 of the doctor-staffed <br/>health clinics the company operates.<br/>The announcement comes as <br/>part of the company's decision to<br/>shut down its Walmart Health Initiative.<br/>Clinics that will close down are located in <br/>Arkansas, Florida, Georgia, Illinois and Texas. .<br/>On April 30, the company also said it would <br/>begin winding down its virtual care service.<br/>The decision to end the Walmart Health Initiative <br/>will not reportedly impact Walmart <br/>pharmacies and vision centers.<br/>Walmart said that it will work to direct current patients <br/>to other providers covered by their insurance <br/>networks to ensure they continue to receive care.<br/>NBC reports that the news comes as a swift <br/>reversal of Walmart's plan to expand its number <br/>of doctor-staffed clinics to 70 by the end of 2024.<br/>Through our experience managing <br/>Walmart Health centers and <br/>Walmart Health Virtual Care, <br/>we determined there is <br/>not a sustainable business <br/>model for us to continue, Walmart statement, via NBC.<br/>Other nontraditional health care <br/>providers have also been forced to <br/>reconsider their plans in recent years. .<br/>Last month, Walgreens announced that it would <br/>close 140 of the company's primary care clinics, <br/>along with plans to shut down 20 more.
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An extensive upgrade for a successful model: The car with which Audi established the premium compact class in 1996, the A3, is sportier, more comfortable, and more digital than ever, thanks to its more progressive design, significantly extended standard equipment, and new materials and offers. Apps that can be used directly in the vehicle display, selectable daytime running light signatures, and the ability to add vehicle functions on demand any time enable a high degree of customization. The A3 allstreet, the distinctive crossover of the A3 family, is new to the market. With its characteristic off-road look, three centimeters of extra ground clearance compared to the A3 Sportback, and a raised seat position, the vehicle offers an SUV like driving experience combined with high functionality.
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Prime Minister Narendra Modi’s photograph has been removed from COVID-19 vaccination certificates. The COVID-19 vaccination certificate used to display PM Modi's picture along with the quote, “Together, India will defeat COVID-19.” The certificate was issued via the CoWIN portal. An X user named Sandeep Manudhane pointed out the same and said, “Modi ji no more visible on COVID Vaccine certificates. Just downloaded to check – yes, his pic is gone.” The decision to remove PM Modi’s picture was taken in view of the Model Code of Conduct. Watch the video to know more.<br/>
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BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.
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It’s all down to this line, a mere stroke on paper. And yet it marks a a new beginning. The coupé-like roofline of the Macan and the striking rear—with its shape so typical of Porsche—evoke the tight, unmistakable flyline of the 911. But this time, it’s not just a reminder of the Porsche icon. Rather, the shape, including the rear spoiler, is a groundbreaking innovation in the all-electric SUV segment. “The active aerodynamic elements all contribute significantly to the range,” says aerodynamics specialist Thomas Wiegand. “We have a rear spoiler that raises automatically, active cooling flaps at the front air intakes, and flexible covers on the underbody.” Located in the same building as the Style Porsche design department, the Weissach wind tunnel gives form and shape to the streamlining of the newly developed Macan. It’s the first Porsche based on the Premium Platform Electric (PPE) created in collaboration with Audi. This platform not only benefits from development synergies, but is also highly flexible, enabling Porsche to implement its own technical and brand-specific objectives. Full electrification of the popular model line is an important milestone on the path to ensuring that more than 80 percent of the new cars are fully electrified in 2030—depending on the demand of customers and the development of electromobility in the respective regions of the world.
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The new technological developments realised with the MQB evo improve the Tiguan in practically every area. New hybrid drives with an all-electric range of around 100 km make this SUV more efficient than ever before. In addition, AC charging will be faster in all eHybrid versions, and fast DC charging will also be possible as standard for the first time. A cleanly designed Digital Cockpit based on the MIB4, the fourth-generation modular infotainment matrix, offers the highest level of information and brings digital services and apps on board. The operating concept is designed to be consistently self-explanatory. In addition, new systems such as a pneumatic massage function for the front seats or the IQ.LIGHT HD matrix headlights – used for the first time in the Tiguan – are derived from the premium Touareg model. The new adaptive chassis control DCC Pro optimises comfort and dynamics. The latest Park Assist generation automates driving in and out of parking spaces.
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Golf Monthly driver expert Joe 'The Pro' Ferguson tests the brand new Ping G430 Max 10k driver for 2024 on the launch monitor and the golf course to see how it performs and compares with the rest of the models in the range. Spoiler alert - he's a big fan and thinks it could be as close to a perfect as we've ever seen.
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