stellantis

Stellantis Sued By Shareholders Over Alleged Financial Misrepresentation Investors Allege Stellantis Hid Financial Issues, Causing A Sharp Stock Drop... Stellantis, the automaker formed from the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, is facing a shareholder lawsuit in the...

Stellantis Tests Leapmotor EVs in Turin Ahead of European Launch Chinese Joint Venture Prepares for European Launch, Next Month... Stellantis is gearing up to introduce Leapmotor, its Chinese joint venture electric vehicle (EV) brand, to the European market, with Italy being one of the key...

Stellantis to Lay Off Second Shift at Warren Truck Plant End of Ram 1500 Classic Production Shifts Focus to Jeep® Wagoneer SUV... Stellantis (FCA US, LLC) has announced plans to lay off as many as 2,450 workers at its Warren Truck Assembly Plant (WTAP) in Warren, Michigan, as the automaker...

The Fiat 500e Is The Second Slowest-Selling Vehicle In The U.S. Hornet Remains Third On The List As August Begins... As of August 2024, the luxury segment continues to dominate the slowest-selling new cars in the U.S., with Stellantis brands making a notable presence. The latest data reveals...

Stellantis Reaffirms Commitment to Maserati The Focus Now Shifts To Brands Like DS and Lancia... Stellantis has declared its unwavering commitment to Maserati, dispelling rumors of selling or merging its Italian premium marque with another group like Ferrari. The announcement, made on July...

Goodyear Hires Two Former Stellantis Executives Chamarthi and Roland Join The Tire / Rubber Giant... The Goodyear Tire & Rubber Company has hired two former Stellantis executives for senior management positions, effective today, August 1, 2024. Mamatha Chamarthi has been appointed as Senior...

Stellantis Sues North Carolina Dealer to Avoid $180 Million Buyback Automaker Seeks Legal Clarity Over Repurchase Obligations for Unsold Fleet Vehicles... The Automotive News is reporting that Stellantis has initiated legal proceedings against Randy Marion Chrysler, Dodge, Jeep®, Ram (CDJR)...

NextStar Energy Celebrates First Year Anniversary Stellantis and LG Joint Venture Achieves First Milestone... NextStar Energy, a joint venture between Stellantis and LG Energy Solution, is celebrating its first anniversary. Over the past year, the company has made significant progress in the...

Stellantis Mulls Maserati’s Future Amidst Sharp Sales Decline Stellantis Reconsiders Whether to Sell or Discontinue Maserati... Stellantis is re-evaluating the future of its luxury brand Maserati in light of significant declines in performance and profitability. The automaker recently...

Stellantis Announces U.S. Voluntary Separation Program Involuntary Actions May Follow If Objectives Aren't Met Voluntarily... Stellantis has announced that it will offer its salaried U.S. workforce a voluntary separation program, signaling continued efforts to streamline operations and...

Stellantis CEO Targets Quality Issues at Key Assembly Plant Tavares Highlights Challenges at SHAP and Outlines Steps to Improve Production Efficiency... Stellantis CEO Carlos Tavares recently addressed ongoing quality control issues at the Sterling Heights Assembly Plant (SHAP) in Michigan...

Indiana Transmission Plant Reaches 25 Million Safe Work Hours Celebrates Almost Nine Years Without a Lost Time Injury... Stellantis’ Indiana Transmission Plant (ITP) in Kokomo, Indiana, has reached a significant milestone, celebrating over 25 million man-hours worked without a lost time...

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...