Stellantis laying off about 400 US workers, citing ‘unprecedented uncertantities’
By David Shepardson (Reuters) -Chrysler parent Stellantis said on Friday it will lay off about 400 U.S. salaried workers as it seeks to cut costs, boost efficiency and ramp up electric-vehicle production…
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to…
Stellantis reaches preliminary deal for rare earth minerals with NioCorp
(Reuters) – Automaker Stellantis N.V. and Canada-based miner NioCorp Developments Ltd on Thursday signed an offtake term sheet with the objective of establishing a supply deal for rare earth minerals critical to…
Stellantis unveils new platform underpinning move to electric vehicles
MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases that will underpin all future models made by the world’s fourth largest…
Stellantis CEO rules out moving Peugeot e-208 production to France
PARIS (Reuters) – Stellantis has no plans to move production of the electric Peugeot e-208 to France from Spain despite a push from the French government for more locally made cars, CEO…
Stellantis aims to relieve ‘charging anxiety’ with new service for EV users
MILAN (Reuters) – Stellantis launched a ‘Charging & Energy’ business unit on Tuesday to make it easier to keep electric vehicles on the road and cash in on an expanding range of…
Stellantis getting help from dealers to deliver cars in Italy
MILAN (Reuters) – Stellantis has reached a deal with Italian dealers to help the carmaker deliver vehicles at a time of prolonged logistical disruption in Europe, the group’s head for Italy Santo…
Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
MILAN (Reuters) – Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026. The joint venture, called SiliconAuto, will…
Stellantis to unveil Citroën e-C3, first affordable European-made EV
By Gilles Guillaume PARIS (Reuters) – The world’s No.3 carmaker Stellantis will unveil its first European-made affordable electric car in mid-October, the new Citroën e-C3, as it gears up to counter the…
Stellantis invests 100 million euros in startups, mobility fund
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about 100 million euros ($108.3 million) in automotive and battery technology startups and…
Canada finance minister: Stellantis investment ‘is coming’
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and “is coming,” Finance Minister…
Output slows at Stellantis plant in Italy as workers strike over conditions
By Giulio Piovaccari MILAN (Reuters) – Vehicle production has been slowed at a Stellantis plant in southern Italy in the past few days due to strikes by employees protesting over working conditions,…
Stellantis’ Tavares: no intention of starting a price war with Tesla
PARIS (Reuters) – Car maker Stellantis has no intention of starting a price war with Tesla, its CEO Carlos Tavares said on Thursday. If the entire electric vehicle market were to experience…
Chrysler-parent Stellantis looks to trim around 3,500 hourly U.S. jobs – union letter
By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made…
Stellantis retains strong pricing power in North America, CEO says
MILAN (Reuters) – Stellantis has managed to preserve a strong pricing power in North America, its CEO Carlos Tavares told shareholders on Thursday, in contrast with signs of pricing power declining for…
Stellantis sees vehicle loan durations extended amid banking turmoil
MILAN (Reuters) – Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker’s head for the business said. Chief…
Stellantis’ Portugal plant to produce large series fully battery electric compact vans
(Reuters) – Carmaker Stellantis NV said on Friday its Portugal plant would become the first assembly plant in the country to produce large series fully battery electric compact vans by 2025. Stellantis’s…
Stellantis’ South America arm plans giant investment from 2025
SAO PAULO (Reuters) – The South American arm of carmaker Stellantis NV is planning a series of large investments starting in 2025, the firm’s regional chief executive said on Friday, planning to…
Climate change policies should not become trade weapon – Stellantis CEO Tavares says
MILAN (Reuters) – Stellantis CEO Carlos Tavares on Wednesday said climate change policies should not be used to influence global investment decisions. He said such policies related to climate change should not…
Stellantis, unions agree on layoffs, hiring at Italy’s Atessa plant
MILAN (Reuters) – Italian metalworkers unions said on Wednesday they had reached an agreement with Stellantis for up to 120 layoffs through voluntary redundancies at the group’s Atessa van-making plant in the…
Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembly plant in Germany to produce a new battery electric vehicle (BEV) there…
Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%
MEXICO CITY (Reuters) – Automakers Stellantis and a Mexican unit of Daimler Truck have reached deals with one of Mexico’s biggest unions to raise wages this year around 9%, labor authorities said…
Stellantis invests 200 million euros to produce Fiat cars in Algeria
PARIS (Reuters) – Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said on Sunday. Construction of the plant will be completed…
Stellantis in talks to assemble electric cars in Spain, Cinco Dias reports
MADRID (Reuters) – Stellantis is in talks with the Spanish government regarding the production of small electric vehicles in the country, newspaper Cinco Dias reported on Monday citing unidentified sources at the…
Stellantis’ ACC JV plans to start operations at Italian gigafactory in 2026
MILAN (Reuters) – ACC, a joint venture of Stellantis, Mercedes and TotalEnergies, said on Friday its planned Italian battery making plant was expected to start operations in 2026. The plan will involve…
Stellantis to make fully electric cars at Cassino plant in Italy
MILAN (Reuters) – Stellantis said on Thursday it will use its Cassino assembly plant in central Italy for making cars based on its STLA Large platform as part of the company’s electrification…
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