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 magazine models Watch Video

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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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Mercedes-Benz will pursue a differentiated strategic approach with its vans in the future. As presented last year (2023), the company is aiming for a premium strategy for its commercial vans. In the future, a focused luxury strategy will apply to all newly developed, privately positioned vans, as is the case for all Mercedes‑Benz passenger cars. The aim is to fully implement this strategic change with the introduction of the upcoming modular and scalable Van Electric Architecture – VAN.EA for short – from 2026. The new private midsize vans EQV and V-Class are an important milestone on this path. Both are further elevated with new exterior and interior designs. There is also an increase in comfort and safety, especially thanks to more intelligent, digital networking. The models have been available to order from Mercedes‑Benz sales partners and online since January 2024. The standard equipment has been comprehensively upgraded and thereby tailored more precisely to customer requirements. The new V-Class starts at a list price of 59,470.25 euros, the new EQV from 75,281.78 euros. The new V-Class also forms the basis for the V-Class Marco Polo camper van, which is offered ex factory. It starts at 80,004.89 euros1 and adopts the model's attractiveness almost completely.
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This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. And now, for the price of €6 million or about $6.35 million, you could be its new overlord.<br/><br/>The Cavalcanti Castle was constructed around 1427. In the intervening centuries, the castle has undergone numerous expansions and restorations while retaining its architecture and distinctive features. Parapets line the roof of the solid stone structure—once a watchtower—which sits atop a hill covered in mature trees. More recent improvements include carefully planned night lighting and a resort-like swimming pool in the inner garden.<br/><br/>With more than 26,000 square feet of interior space, spanning three floors and a basement, Cavalcanti Castle includes lavish architectural details such as decorative groin-vaulted ceilings, archways and frescoed halls. A soaring beamed ceiling tops the massive dining room, which features a baronial fireplace and central chandelier.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/02/02/snag-the-top-of-a-towering-20th-century-palace-in-bilbao-spain/?ss=forbesglobalproperties&sh=1b207377450b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Landfills are overflowing with plastic trash. Serial inventor Jonathan Rothberg’s Protein Evolution found a solution: using AI to create enzymes that can recycle old polyester textiles into a material that acts new. Now the three-year-old company needs to prove that it can scale up.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/amyfeldman/2024/05/03/this-startups-ai-designs-enzymes-that-can-eat-plastic-waste/?sh=645b33dd45d4<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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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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