Stellantis warns of $2.7 billion loss for 1st half of 2025 due to tariffs and some big charges
The automaker anticipates an impact of about 300 million euros for net tariffs incurred, and also expects planned production losses related to implementing its response plan.
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Motor 1
an hour ago
- Motor 1
‘Cleaning My Car Out Today:' Texas Man Leaves Water Bottle in Jeep. Then it Causes Irreversible Damage
A man is going viral on TikTok after showing the damage caused to his car when he left his water bottle in it in the Texas heat. TikTok user Guero Navarrete (@gueronavarrete1) didn't share many specifics—like whether the bottle was plastic or glass, how long it sat in the sun, or exactly how hot it was outside—but the results were dramatic. In his video, he shows the inside of his Jeep, where the passenger side appears scorched, almost as if a small fire had broken out. 'That's what happens when you leave a water bottle in the front seat and the sun hits it just right and it acts like a magnifying glass,' Navarrete wrote in an on-screen caption. As of this writing, the clip has garnered over 433,900 views. Can This Really Happen? Yes, a water bottle—especially a plastic one—can explode or even spark a fire in a hot car. If the sun hits it just right, it can act like a magnifying glass , focusing heat onto something flammable, such as a seat or a piece of paper. Heat can also cause the liquid inside to expand, building pressure. If that pressure gets too high, the bottle can burst . There's also the issue of chemicals. When plastic bottles heat up, they can start to break down and leach substances into the water—something you probably don't want to drink. To avoid all that, don't leave plastic bottles sitting in the sun. Toss them in the trunk, cover them up, or use an insulated container instead. Stainless steel and glass bottles are also better options since they withstand heat better. What Else Should I Avoid? Water bottles aren't the only things that can turn dangerous in a hot car. During summer, it's crucial to avoid leaving certain items behind due to the extreme heat. According to Capital Insurance Group , aerosol cans, electronics, food and drinks, disposable lighters, medications, and anything containing batteries can all become serious hazards. Experts say aerosol cans can explode if left in direct sunlight or inside a sweltering car, since heat builds pressure inside the can. The same goes for lighters, which can leak or combust when exposed to extreme temperatures. Phones, laptops, and battery-powered electronics can overheat, get damaged, or, in some cases, catch fire. Sunscreen and other pressurized personal care products can also degrade or explode. Food and medicine spoil fast in high heat, and certain medications can become less effective or even dangerous. The short answer is that it's best to treat your car like an oven in the summer. If you wouldn't leave it in an oven, don't leave it on your seat. Commenters Make Note to Check on Their Cars Viewers who saw Navarrete's video took it as a cue to clean out their vehicles—especially in the middle of a brutal heatwave . 'Thank you for letting me know cleaning my car out today,' one said. 'To-do list: Clean out the car #1 water bottle,' another quipped. 'Running to my car now to get the millions of water bottles from my daughter,' added a third woman. Some suggested another way to avoid the problem altogether: Just shell out for tinted windows. 'My windows are too dark for that to happen,' shared one TikTok user. 'Get tint,' advised another. 'Why [does] nobody like tinting their windows anymore?' a third asked. Motor1 has reached out to Navarrete via TikTok direct message. Now Trending Woman Asks TikTok What's Wrong With Her Mini Cooper. Then a Mechanic in the Comments Figures It Out Just by Listening to a Sound 'I Just Bought It:' Woman Uses Groupon to Pay For Her Oil Change. Then the Mechanic Asks Her What Type of Car She Drives Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Yahoo
15 hours ago
- Yahoo
Startup unveils game-changing solution to major issue with electric vehicles: 'A meaningful step'
If you find yourself in Madrid, Spain, and are looking to drive an electric vehicle, a startup has a solution that renders battery charge speed almost irrelevant. Enter San Francisco-based startup Ample's battery-swapping technology. The groundbreaking tech is being rolled out to a ride-share fleet of at least 100 Fiat 500e EVs and will allow for a full charge in just 5 minutes, as InsideEVs detailed. The development is the latest expansion of the partnership between Stellantis' mobility solutions company, Free2Move, and Ample that launched in December 2023. According to a news release, the initial test fleet consisted of 40 cars, so the expansion to 100 vehicles is a meaningful sign that the program has been a success. Ample isn't alone in battery-swapping tech, as Chinese competitors like NIO and CATL are aiming to make it a major part of infrastructure by the end of the decade. Unlike its competitors, Ample is using a modular approach for its swappable battery packs that are approximately the size of a carry-on suitcase, per InsideEVs. That offers drivers flexibility in picking out how many module packs they'll need for a driving itinerary. Ample also says its batteries could theoretically replace original EV batteries. That opens a host of possibilities for EV owners or prospective ones who might remain concerned about range anxiety and emergency scenarios. It's worth pointing out that charging speed and range is continually getting better for modern EVs. Also, for EV drivers who can charge at home during the day or overnight, a battery swap might be an unnecessary expense. For those EV owners, putting up solar panels is a great way to optimize an EV by using their own clean energy and eschewing the cost of a battery swap, the grid, or public charging. EnergySage can make accessing home-solar savings easy with free-to-use tools to compare quotes from vetted installers and save up to $10,000 on installation. For the original use case of a car-sharing fleet, battery swapping fills a major niche. Instead of waiting on charging or looking for stations, drivers and fleet operators can keep it moving. "For car-sharing fleets, every minute spent off the road is lost revenue," Ample CEO Khaled Hassounah said in the release. "This next phase of our partnership puts more swappable Fiat 500e vehicles on Madrid's streets and marks a meaningful step." Would you be more likely to drive an EV if you could get a full charge in five minutes? Definitely No way Depends on the cost I already drive an EV Click your choice to see results and speak your mind. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet.
Axios
17 hours ago
- Axios
Beaten-down carmakers smell fatter profits under Trump
For all their complaints about how unfair President Trump's tariffs are for U.S. automakers, the industry seems quite pleased with his environmental policies, which lift a massive regulatory cost burden. Why it matters: Trump's agenda could wind up as a net win for the auto industry, allowing them to sell more high-margin, U.S.-built trucks and SUVs for the foreseeable future, while avoiding penalties for not building enough electric vehicles. Stunning stat: Together, General Motors, Ford and Stellantis are projecting nearly $10 billion in gross tariff costs this year. For the most part, they're eating those taxes rather than passing them on to consumers. Yes, but: Trump's deregulation policies could help them offset most or all of that burden, depending on the outcome of continuing trade talks. Driving the news: In quarterly earnings calls with analysts, the CEOs of the Detroit 3 said Trump's reversal of Biden-era EV policies will boost their finances. "To build what customers really want is going to be a tailwind for us," said Ford CEO Jim Farley, citing what he called a "multi-billion dollar opportunity" over the next couple of years. GM CEO Mary Barra had a similar message, calling Trump's regulatory policies a "huge opportunity" that allow the automaker to keep selling profitable trucks and SUVs while EV demand slowly builds. Stellantis, meanwhile, is bringing back muscle cars and Hemi engines now that it's no longer obliged to produce EVs and fuel-sipping engines. "And this will mean to us a lot of additional profit," said CEO Antonio Filosa, trying to steer a turnaround. The big picture: The Trump administration has been moving quickly to unwind Biden's EV-favorable policies. Trump ditched his predecessor's ambitious CO2 emissions targets and canceled California's EV mandates (although 11 states are suing to block that effort). His administration is also erasing consumer tax credits for EV purchases and repealing existing fuel economy targets and CO2 emissions standards. By removing penalties for non-compliance, the government is also eliminating any incentive for carmakers to buy regulatory credits from overachieving rivals. Zoom in: Ford, for example, said last year it had contracts to purchase about $3.8 billion of non-compliance credits from other carmakers — presumably Tesla, which said in October that it had long-term contracts to sell $4.7 billion of credits. As of this week, however, Farley told analysts that Ford has already reduced that commitment by nearly $1.5 billion — money that can instead be invested in other parts of the business or to improve profits. On the flip side, Telsa is staring down a "few rough quarters" as support for EVs goes away and it pivots toward autonomy and robots starting next year. Aside from vanishing tax breaks that will likely dampen EV demand, Tesla is also losing that easy money — $15 billion since 2012 — it made from selling regulatory credits.
