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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
Stellantis (STLA) concluded the recent trading session at $24.41, signifying a +1.5% move from its prior day's close.
Sodium-ion batteries offer a safer and cheaper alternative to lithium-ion batteries. Startups like Peak Energy and companies like Stellantis are investing in sodium-ion battery technology for electric

Stellantis preps sale of anonymised driver data

06:48am, Tuesday, 06'th Feb 2024
Stellantis NV (NYSE:STLA, EPA:STLA), the owner of brands like Peugeot, Vauxhall and Fiat, is asking customers for permission to sell their anonymised vehicle data to service providers, an executive co
The “Magnificent Seven” stocks may garner the lion's share of market attention right now, but while there may be strong potential with some of “Mag 7” names, check out opportunities making far
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