Bank of America cuts European EV car sales view as government subsidies fade
Global battery electric vehicle (BEV) sales are struggling for traction this year, but it's looking particularly gloomy in Europe, where Bank of America has cut its outlook.
Stellantis output in Italy down 10% in Q1, trade union says
Production of passenger cars and vans at Stellantis' Italian plants fell 9.8% year-on-year in the first three months of this year to 170,415 units, the FIM-CISL union said on Friday.
Auto industry must halve EV battery weight over next decade, Stellantis CEO says
The automotive industry will have to reduce the weight of EV batteries by 50% in the next 10 years to make electrification environmentally meaningful, the head of Stellantis said on Wednesday.
Stellantis (STLA) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Stellantis (STLA) closed at $28.24, indicating a -0.21% shift from the previous trading day.
US probes Stellantis 2022 RAM truck models over K1 snap ring transmission failures
The U.S. Office of Defect Investigations (ODI) has opened a preliminary evaluation of a failure of the K1 snap ring in Chrysler-parent Stellantis' year 2022 RAM 3500, 4500, and 5500 trucks, the Nat...
New Stellantis layoffs mean over 3,000 jobs set to go in Italy
Stellantis , the maker of Fiat cars, on Wednesday signed further deals with unions in Italy for voluntary lay-offs, meaning the automaker could cut its workforce by a total of over 3,000 roles in t...
Russian company starts Citroen production at former Stellantis factory
Russian company Automotive Technologies on Wednesday said it had started assembling Citroen C5 Aircross models in batches at a plant south of Moscow formerly owned by Stellantis , with the cars set...
Dodge-parent Stellantis laying off hundreds of US workers
Stellantis confirmed Friday it is laying off hundreds more U.S. workers as the parent company of Dodge, Jeep and Chrysler moves toward electric vehicle production.
Chrysler-Parent Stellantis Laying Off About 400 Salaried Employees in U.S.
The automaker has trimmed staff several times over the past year as it prepares to start selling electric vehicles in the U.S.
Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties'
Stellantis on Friday the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews."
Chrysler-parent Stellantis laying off about 400 U.S. workers
Chrysler-parent Stellantis said Friday it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans.
Exclusive: China's Leapmotor to start production of small EV in Polish Stellantis plant
China's Leapmotor will start producing small electric cars at a Stellantis plant in Poland as part of a joint venture between the two carmakers, two sources close to the matter told Reuters on Friday.
Stellantis (STLA) Backs SteerLight's Innovative LiDAR Technology
By backing SteerLight's innovative on-chip LiDAR technology, Stellantis (STLA) positions itself at the forefront of automotive innovation, with a clear focus on enhancing the overall mobility exper...
Stellantis (STLA) Stock Just Became One of the Best Election-Proof Buys
Gavin Newsom has a powerful new ally in his fight to electrify the Golden State. The California Governor's office has announced that Stellantis (NYSE: STLA ) has agreed to help reduce air pollution...
Chrysler recalling 38,000 cars over airbag concerns
Chrysler is set to recall over 38,000 vehicles over concerns that driver airbags may not deploy in crashes, regulators said on Wednesday. Some 38,164 vehicles will be recalled, according to the US ...
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