Stellantis, the automotive giant formed by Fiat Chrysler and PSA Group, reported a challenging third quarter in 2024. The company’s revenue fell 27% to €33 billion, below analyst expectations of €35.9 billion. This decline stemmed from decreased shipments across key regions and efforts to reduce bloated inventories. CEO Carlos Tavares acknowledged the disappointing results and […]
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Colombia Halts Millitary Helicopter Purchase: A Strategic Shift
Colombia has paused its plan to buy three Leonardo AW-139M helicopters for the National Army (EJC). This decision impacts a broader modernization effort aimed at replacing old UH-1H Huey-II helicopters. It also supports MI-17 deployments. The initial $85 million deal included three AW-139M units designed to transport up to 12 people. These units featured advanced […]
