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Stellantis in talks with Vale to invest in Indonesian nickel smelter
Stellantis is in talks with Vale and China’s Huayou Cobalt to invest in a nickel smelter in Indonesia and secure supplies of the battery metal critical to its electric vehicle expansion plans, in a deal that if finalised would...
Base on stuff/info I gathered:
And more layoffs coming to CTC and Paris:
https://archive.is/cYtQM
Brazil is the "Home Room" ICE as South America will need ICE & Hybrids for a long time.
Lots of great info... including warning Gasoline vehicles will go up price due to the technology to meet the emission standards , narrowing the EV cost disadvantage.
Stellantis North America....The most profitable OEM in the United States...by far & away:
**Net Revenue was (U$D) $93.200 billion.
*Pre-tax & interest profit was $14,327 billion (U$D).
*15.4% Full Year margin.
*Market share in the U.S. was down to 9.4% Fully Year 2023 and 8.8% in the second half...
Either the end of the Either the END of Mopar-GM rivalry, or the END of the Peugeot-Renault rivaly.
https://finance.yahoo.com/news/stellantis-ceo-says-rush-affordable-164624253.html
Either Renault or General Motors :Death of ICE in U.S. by 2031... Coming November 2020...prescription: a...
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