stellantis

Stellantis CEO Says He Is Ready To Start Cutting Brands "If They Don't Make Money, We'll Shut Them Down," Tavares Says... Stellantis, the world's fourth-largest automaker, says it is taking decisive action to tackle weak margins and high inventory levels in its U.S. operations. CEO Carlos...

Stellantis Pays $190.7 Million in Fuel Economy Penalties Automaker Invests Heavily in EVs Amid Compliance Costs... According to Reuters, the National Highway Traffic Safety Administration (NHTSA) recently disclosed that Stellantis (FCA US, LLC) paid $190.7 million in civil penalties for not...

Stellantis Releases Its Financial Results For H1 2024 Company Still Reported A Net Profit Of $6.2 Billion, Down 48% Compared To 2023... Stellantis has announced its financial results for the first half of 2024. Despite a challenging economic environment, the company reported a net profit of...

Stellantis Recalls 24,111 Chrysler Pacifica Hybrids for Fire Risk Potential Fire Risk Linked to Battery Abnormality Prompts Recall... Stellantis (FCA US, LLC) has announced a recall affecting approximately 24,111 units of its 2017 to 2021 Chrysler Pacifica Hybrid plug-in hybrid (PHEV)...

Stellantis Sues Yet Another Supplier For Withholding Parts Court Denies Restraining Order, Production at Risk Amid Pricing Conflicts... Stellantis has filed a lawsuit against Spectra Premium Mobility Solutions Ltd., a Quebec-based supplier of fuel tanks. The dispute centers around fuel tanks...

Stellantis Dealers Seek CEO’s Aid Amid Sales Slump Dealers Advocate for Change Amid Market Challenges... In a turbulent market, Stellantis is grappling with significant setbacks in the U.S. market. During the Q2 2024 period, the parent company of Chrysler, Dodge, Jeep®, Fiat, and Ram saw a...

Stellantis Offers New Charging Packages for BEV Buyers Customers Can Choose At-Home Chargers or Charge Credits ($600 Value)... Stellantis is making a significant push to encourage customers to transition to battery-electric vehicles (BEVs) by offering two new purchase packages through its...

Stellantis Takes Strategic Shift To Hybrid Vehicles In Europe Cheaper HEVs Are Gaining Huge Momentum In Europe, As EV Subsidies Reside... Stellantis has announced that it will take a strategic shift towards expanding its lineup of hybrid vehicles in response to evolving consumer preferences...

Biden Administration Awards Stellantis $584.8 Million For EV Production Some Stellantis Suppliers Also Awarded Millions For EV Components... The Biden administration is taking significant steps to boost electric vehicle (EV) production in the United States. As part of this effort, the...

Stellantis Opens New Mopar Parts Distribution Centre in Brampton Advancing Efficiency and Innovation In Automotive Parts Supply... Stellantis North America celebrated the opening of its state-of-the-art Mopar Parts Distribution Centre (PDC) in Brampton, Ontario, marking a significant...

Mamatha Chamarthi Becomes The Latest Exec To Leave Stellantis Stellantis' Head Of Software Business and Product Management Steps Down... The management exodus continues at Stellantis as Mamatha Chamarthi, who served as Stellantis’ Head of Software Business and Product Management, has left...

Stellantis Canada Has A Dismal Q2 2024 Sales Period Sales Down 26% During The First Quarter Of The Year... Stellantis (FCA Canada) reported selling 35,986 vehicles during the second quarter of 2024. This represents a 26% decrease compared to last year’s period but shows a notable 12%...

Stellantis Post It’s Sales Numbers For The U.S. In Q2 2024! Despite a Decline in Overall Sales, Plug-In Hybrid Models Shine Brightly... Stellantis (FCA US) reported sales of 344,993 vehicles for the second quarter of 2024. While overall U.S. sales declined by 21% compared to last year’s...

Stellantis Cuts Warren Truck Down To A One-Shift Operation Plant Produces Jeep® Wagoneer/Grand Wagoneer and Ram 1500 Classic... Stellantis has announced that it will reduce production hours at its Warren Truck Assembly Plant in Michigan for the month of July. Starting on July 1, the plant...

Stellantis Invest An Additional $55 Million Into Archer Aviation News Comes As Stellantis Looks To Cut $200 Million From Its North American Auto Operations... Stellantis and Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, have announced an additional...

Stellantis Is Sending Mixed Messages About Its Future Vehicles Is The Automaker So Focused On EVs, It Isn't Informing The Public About Its Other Offerings? In recent months, Stellantis has faced considerable backlash over its push towards electric vehicles (EVs), but it’s worth noting that...

Stellantis To Boost In-House Production Of Vehicle Components Automaker Aims To Cut Costs and Speed Up Innovation In Electrification Era... Stellantis has announced plans to increase the in-house production of vehicle components. In a recent conference call from Italy, Stellantis CEO Carlos...

Stellantis’ New Retail Model Under Fire In Europe Sales Declines and Dealer Concerns Force Reconsideration of Agency Model... Stellantis’ New Retail Model (NRM) has been a source of ongoing tension between the company and its European dealer networks. Launched as a pilot in Belgium, the NRM...

Stellantis Continues Cost-Cutting Amid Record Profits and CEO Pay Hike Automaker Forms Key Chinese EV Partnership and Navigates U.S. and EU Trade Policies... Stellantis is set to continue its aggressive cost-cutting strategy in the coming months, despite reporting record profits over the...

UAW Leadership Turmoil: Controversy Over VP Boyer’s Removal VP Rich Boyer Challenges Reassignment Amidst Disputes Over Negotiation Transparency... In recent developments within the United Auto Workers (UAW) union, a letter from UAW 1178 Shop Chairperson Trey Durant has surfaced online...