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In a surprising move, Stellantis CEO Carlos Tavares has stepped down from his position, effective immediately. The announcement comes as the automaker faces slumping profits and weakening U.S. sales across its brands, which include Jeep, Ram, Dodge, Fiat, Alfa Romeo, Chrysler, and Maserati. The resignation marks a sudden leadership shakeup for the global automaker, leaving both the auto industry and consumers questioning what lies ahead.
What Happened at Stellantis?
Stellantis released a statement on December 1, 2024 confirming Tavares’ resignation, citing disagreements between the CEO and the board of directors. To ensure continuity, Stellantis has formed an interim executive committee while a special committee works to appoint a permanent CEO. The process is expected to conclude by mid-2025. Understandably, car buyers are feeling a sense of uncertainty with the world’s fourth-largest automaker marching towards 2025 without a leader.
The timing of this leadership change comes at a critical moment for Stellantis. The automaker has been navigating challenges in electrification, global sales, and production. Just last month, Stellantis reported a drop in profit and a sluggish performance in the U.S. market. Several of the slowest-selling cars in America are from Jeep, Fiat, and Alfa Romeo.Â
Should Car Buyers Be Worried?
For current shoppers eyeing a new Jeep, Ram, or Dodge during December’s year-end car sales, there’s little reason for immediate concern. December’s deals will remain unaffected by the leadership shakeup. Additionally, the vehicles currently on dealership lots have already been built, ensuring consistent quality for buyers today.
However, for those looking to the future, Stellantis’ leadership crisis introduces a layer of uncertainty. Depending on how the automaker’s new leadership chooses to navigate these challenges, significant shifts in brand strategy, quality, and reliability could be on the horizon. Extreme cost-cutting measures to address profitability concerns could result in setbacks, particularly if they compromise vehicle durability or customer satisfaction.
Another potential concern is the impact on resale values. If Stellantis faces ongoing struggles, the market value of its vehicles could decline, especially if rumors of brand discontinuation or financial instability arise. Buyers planning to hold onto their vehicles for several years should factor these possibilities into their decisions. See how Jeep, Ram, and Dodge resale values compare.Â
Is December 2024 Still a Good Time to Buy a Ram, Jeep, or Dodge?
For those considering a Stellantis vehicle today, December is still an excellent time to buy. Year-end car deals are among the best of the year, with significant discounts and financing offers available across Jeep, Ram, Dodge, and other Stellantis brands. We’ve gathered all of the best car deals here.Â
For instance, Jeep and Ram are offering competitive APR financing and cash incentives on popular models, and Dodge muscle cars are seeing deep discounts as the company clears inventory ahead of model transitions. The current deals reflect business as usual for Stellantis, making now a great time to take advantage of the incentives.
Looking Ahead to 2025
While December deals remain a bright spot for buyers, Stellantis’ future direction remains uncertain. Whether the automaker can navigate this leadership transition effectively will depend on the decisions of its new CEO and leadership team. With challenges in electrification, profitability, and U.S. market performance, the stakes are high.
Stay tuned to CarEdge News for updates on Stellantis’ future and its impact on buyers.Â
As year-end truck deals get underway, automakers and dealers are in a it of a freak out. Out of all 480,000 new full-size trucks on sale in December, just over half are remaining 2024 models. In fact, there are even 7,000 new 2023s still on sale. It’s no surprise then that trucks are available with steep discounts. In December 2024, truck buyers can shop low APRs, big cash savings, and plenty of lease offers. Here’s a closer look at the top year-end truck deals available today.
If you’ve been waiting to buy a new truck, now is the time to lock in your savings. Every year, December reliably brings the best truck offers. 2024 is no different. With the new year just weeks away, these sales will vanish before you know it. Tired of haggling? Learn more about how we can negotiate for you (with home delivery available).
Stay tuned to CarEdge Deals for the latest updates and tips on how to negotiate the best truck deals this season.
If you’ve been waiting for electric vehicle prices to drop, 2024’s year-end deals are here to make it happen. In December, the best deals include zero percent financing, cash incentives, and cheap lease offers. Ford, Kia, GM, and even Tesla are advertising special offers. Here’s a look at the 5 best year-end EV deals available right now.
December’s year-end car deals are a prime example of supply and demand. Automakers who produced too many EVs for the 2024 model year now have an oversupply of stock on their hands. This is actually great news for EV shoppers this month. However, these savings will vanish come 2025.
Year-end EV sales are just getting started. If you’re not seeing the deal you’re after this Black Friday, know that December 2024 will bring even more discounts. Stay tuned to CarEdge Deals for the latest updates and expert tips on getting the best EV deals this year-end sale season.
Cyber Monday 2024 is a great day to drive home a deal on a new car or truck. Year-end sales are officially here, and there are nearly 1.5 million 2024 models left to sell. Manufacturers and dealerships are bringing their best incentives to the table for December. These are the top 10 Cyber Monday car deals in December 2024. Note that several of the best offers expire tonight!
There’s an abundance of great offers right now, but don’t feel pressured to decide today. In fact, automakers will release their final deals of the year later this week. As you may have noticed, many of these offers expire on Monday December 2 (Cyber Monday). Fear not – the deals WILL continue in December.
The end of the year is a prime time for SUV deals, but 2024’s offers are some of the best we’ve seen in a while. Automakers are rolling out big incentives, from zero-percent APR financing to hefty cash offers. For those looking to lease, you won’t be disappointed with today’s deals. If you’ve been waiting for the perfect moment to buy a new SUV, now is the time.
Here are five manufacturer incentives that truly sound too good to be true—but they’re the real deal.
Year-End Deal: 0% APR for 72 months or $7,500 customer cash
Although the $7,500 customer cash offer cannot be combined with the zero percent financing incentive, a separate $750 Bonus Cash offer can be. In addition, there is a $1,500 conquest cash bonus for current Tesla owners, and up to $1,000 in cash bonus through Kia’s ‘Season of New Traditions’ program.
Kia is offering a year-end lease deal: Lease the 2024 Kia EV9 from $329/month for 24 months with $4,849 due at signing.
Lease the 2024 Mustang Mach-E from $279/month for 36 months with $5,468 due at signing (Ford Red Carpet Lease).
These two deals from Ford may be combined, and a trade-in is not required. The outstanding $5,000 cash offer is a combination of Bonus Customer Cash ($2,000), Retail Bonus Cash ($2,000), and EV Holiday Bonus Cash ($1,000).
Lease the 2025 Honda CR-V from $329/month for 36 months with $3,599 due at signing.
As a top-seller, rarely does Honda bring its best incentives to the CR-V. However, that’s exactly what is happening right now. The Accord and Passport also qualify for this financing special.
Year-End Deal: Lease the Model Y from $299/month for 36 months with $2,999 due at signing. Â
Tesla is pushing to meet end-of-year sales targets, much to the benefit of those looking to lease aTesla. The newly-redesigned Tesla Model 3 also qualifies for similar incentives.Â
Car deals like these don’t come around often, and they’re only here for the remainder of the year. Whether you’re eyeing a Volkswagen Tiguan with $0 down, a Ford Mustang Mach-E with $5,000 bonus cash, or a Tesla Model Y with 0% APR, these offers provide a unique chance to save big before 2025 arrives.
States eligibile for below invoice pricing and 100% free delivery:
Alabama, Arkansas, Texas, Oklahoma, Florida, Georgia, Kentucky, Louisiana, Maryland, Delaware, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
What if I don’t live in these states? If you're outside these areas, don't worry! We're committed to making sure everyone can enjoy our deals. Although the delivery fee will not be waived, you can still purchase from CarEdge and either pay for shipping or coordinate pickup at a participating dealer.
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