Stellantis is considering building up to 150,000 low-cost electric vehicles (EVs) in Italy, in its Mirafiori complex in Turin, as part of its agreements with Chinese automaker Leapmotor , Automotive N
Despite warning of a "turbulent" year expected in 2024, multinational automaker Stellantis (STLA) topped earnings estimates, issuing a share buyback program. Additionally, Ford (F) CEO Jim Farley comm
Stellantis NV (NYSE:STLA, EPA:STLA), the owner of brands like Fiat, Citreon and Jeep, saw shares rise 5.7% after it reported record net revenues, upped the annual dividend and pledged a new round of b
Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models, industry ex
Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3 billion share buyback.
Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the "Detroit Three" automakers hampered production.
Shares in Renault hit two-month highs and rival Stellantis shot to record highs on Thursday after the carmakers pledged to reward investors with a big jump in annual dividend and a share buyback worth
Stellantis said on Thursday its operating profit fell 10% in the second half of last year when six-week strikes at the 'Detroit Three' automakers caused long stoppages at the group's operations in Nor
Carmaker Stellantis halted production in Russia in April 2022.
Italy has been working for months to attract another carmaker to the country alongside Fiat-owner Stellantis , Industry Minister Adolfo Urso said on Wednesday.
Stellantis' switch solidifies the future of NACS in America and puts an expiration date on the current CCS standard.
Stellantis said on Monday it will invest 103 million euros ($111.02 million) at its Szentgotthard facility in Hungary to increase production capacity of electric drive modules that will help the autom
Michael Burry, the medical doctor turned successful investor, made a name for himself in 2008 when he correctly predicted the crisis and shorted the U.S. housing market.
Automotive Cells Company (ACC), the European auto battery manufacturer backed by Stellantis, Mercedes, and TotalEnergies, has finalised a finance agreement for establishing three gigafactories across
A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares has exposed a tough new reality: Europe's one-time homegrown national automakers have become globa
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