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 agrees to build first plant in South Africa
PARIS (Reuters) – Stellantis said on Wednesday it had reached a preliminary agreement with South African authorities to build a production site, its first in the country, by the end of 2025.…
Stellantis to invest $155 million in U.S. to produce new electric drive modules
MILAN (Reuters) – Stellantis said on Tuesday it will invest a total of $155 million in three plants located in Kokomo, Indiana, to produce new electric drive modules (EDM) that will be…
Stellantis invests $155 million in Argentine copper mine
ROME (Reuters) – Carmaker Stellantis said on Monday it had invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure…
Carmaker Stellantis upbeat about future of German brand Opel – magazine
BERLIN (Reuters) – Franco-Italian carmaker Stellantis is upbeat about the outlook of its German subsidiary Opel which it believes will be able to keep operating as a separate brand, the company’s Europe…
Stellantis recalls 76,000 plug-in hybrid minivans over engine issue
By David Shepardson WASHINGTON (Reuters) – Automaker Stellantis’ U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that could cause engines to…
Stellantis to halt Italian van plant next week due to parts shortage, unions say
MILAN (Reuters) – Stellantis will halt production at its Atessa van making plant In Italy next week due to a parts shortage, unions said on Friday. The stoppage will affect most of…
Stellantis plans to cut one in five French outlets in dealership revamp
By Gilles Guillaume PARIS (Reuters) – Stellantis will ultimately cut about one in five retail outlets in France, the automaker said on Wednesday, as it seeks to restructure its distribution network to…
Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio
MILAN (Reuters) – Stellantis has entered exclusive talks with France’s Faurecia and Michelin to buy a “substantial” stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the…
Chinese dealers seek compensation over Stellantis Jeep failure
SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after the automaker stopped producing the brand in China, according to a letter…
Stellantis teams up with Michigan’s DTE to advance renewable energy goals
(Reuters) – Automaker Stellantis NV said on Monday it will power 70 of its facilities in Michigan entirely with solar energy by 2026 through a partnership with DTE Energy Co, the state’s…
Stellantis to reorganise European dealer network from July 2023
MILAN (Reuters) – Franco-Italian carmaker Stellantis said on Thursday it would reorganise its European dealers’ network in July next year, starting from Austria, Belgium, Luxembourg and the Netherlands. “The rest of Europe…
Stellantis stores cars in old French airfield amid delivery logjam – sources
By Gilles Guillaume PARIS (Reuters) – Stellantis is using an abandoned airfield in eastern France to store cars that are ready for delivery but cannot be shipped or kept at its Sochaux…
Stellantis to buy software developer aiMotive in autonomous driving push
MILAN (Reuters) – Carmaker Stellantis said on Thursday it had agreed to buy aiMotive, a Hungary-based developer of advanced artificial intelligence and autonomous driving software, to advance its technology development efforts. No…
Carmaker Stellantis: will be vigilant after Musk’s takeover of Twitter
PARIS (Reuters) – Carmaker Stellantis said on Wednesday that it monitored all social media channels which involved its brands and will continue to do so in the wake of a new leadership…
Stellantis CEO: Europe auto emissions standards a “diversion”
By Victoria Waldersee BERLIN (Reuters) -Uncertainty over the future of European regulation on auto emissions gives Chinese competitors already ahead of the game an additional advantage, Stellantis chief executive Carlos Tavares said…
Stellantis eyeing two more North American battery plants by 2030
DETROIT (Reuters) – Stellantis will need four electric-vehicle battery plants in North America by 2030, the company’s North American chief operating officer said on Tuedsay. The automaker has already announced two joint-venture…
Stellantis expects semiconductor supply to be fixed by end of 2023
PARIS (Reuters) – Carmaker Stellantis expects the shortage in the supplies of semiconductor chips to be fixed by the end of 2023 and inflation to be under control in one or two…
Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to give hybrid models a greater role in the transition to zero-emission vehicles, Stellantis…
Stellantis to boost electric vehicle production in France
PARIS (Reuters) -Stellantis will double the share of electric car models it produces in France, the company’s chief executive announced on Monday, adding that some new models of its Peugeot brand will…
Stellantis output in Italy to fall in 2022 for a fifth year, union says
MILAN (Reuters) – Carmaker Stellantis is expected to see its vehicle production in Italy fall for a fifth year in a row in 2022, mainly due to stoppages caused by a prolonged…
Stellantis cutting shift at Michigan plant because of chip shortage
WASHINGTON (Reuters) – Chrysler-parent Stellantis NV said on Thursday it is cutting one of three shifts at its Warren, Michigan Truck Assembly Plant because of the global semiconductor chips shortage. Stellantis has…
Stellantis signs framework deal for Fiat vehicle production in Algeria
MILAN (Reuters) – Carmaker Stellantis said on Thursday it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicles.…
Stellantis opens software hub in India to support digital strategy
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it had inaugurated a new software hub in Bengaluru, India, its second innovation centre in the country, focusing on cockpit and driver assistance technologies.…
Italian unions to press for big wage increase from Stellantis, Ferrari
By Giulio Piovaccari MILAN (Reuters) -Italian unions representing workers at Stellantis, Ferrari, Iveco and CNH Industrial will ask for a wage increase of over 8% to be paid in 2023 to help…
Stellantis boss expects chip supply to remain ‘complicated’ until end 2023
PARIS (Reuters) – The head of carmaker Stellantis, Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday…
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