Ford and Stellantis Q1 Sales: A Tale of Opposite Directions

TLDRFord reports solid Q1 sales with growth fueled by hybrids and EVs. Stellantis, on the other hand, faces a rough quarter in the US market. Ford Lincoln also performs well, while F-series pickups see a decline. Stellantis CEO Carlos Tavares initiates a public forum on sustainable transportation. Stellantis partners with Chinese automaker Leap Motor for EV production. Renault unveils a significantly redesigned Captur with improved technology features.

Key insights

📈Ford's Q1 sales show growth driven by hybrids and EVs, while IC sales experience a modest increase.

📉Stellantis faces a challenging quarter in the US market, with a decline in sales and mixed performance across brands.

💡Stellantis CEO Carlos Tavares hosts a public online forum on sustainable and affordable transportation.

🚗🇨🇳Stellantis forms a joint venture with Chinese automaker Leap Motor for EV production outside of China.

🔄💺Renault unveils a significantly redesigned Captur with updated technology features and a range of engine options.

Q&A

What were the key factors behind Ford's Q1 sales growth?

—Ford's Q1 sales growth was driven by strong performance in the hybrid and EV segments.

Which brands performed well for Stellantis in the US market?

—Chrysler and Jeep brands posted gains, fueled by popular models like the Jeep Wrangler and Cherokee.

What is the purpose of the public forum hosted by Stellantis CEO Carlos Tavares?

—The public forum aims to gather different perspectives on sustainable and affordable transportation.

What is the focus of Stellantis' partnership with Leap Motor?

—The partnership with Leap Motor allows Stellantis exclusive rights to manufacture and sell Leap Motor EVs outside of China.

What are the notable updates in the redesigned Renault Captur?

—The redesigned Renault Captur features a new interior with a vertical center screen, advanced connectivity options, and a range of engine choices.

Timestamped Summary

00:07Ford's Q1 sales for the US market reached over 508,000 vehicles, with growth driven by hybrids and EVs.

00:39Stellantis reported a decline in Q1 sales in the US, with mixed performance across brands.

02:01Stellantis CEO Carlos Tavares hosts a public online forum called 'Freedom of Mobility' to gather insights on sustainable transportation.

04:20Stellantis forms a joint venture with Chinese automaker Leap Motor for EV production outside of China.

06:08Renault unveils the significantly redesigned Captur featuring updated technology and a range of engine options.

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