Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.

Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.

Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.

The electric-car maker also unveiled a second vehicle, a Robovan, designed to shuttle up to 20 people at a time.

The automaker’s CFO and North America chief are stepping down amid its U.S. troubles.

The naming of Tom Peddie as Nike’s general manager of North America comes days ahead of incoming Chief Executive Elliott Hill’s first day on the job.