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Stellantis says the Canadian government has not delivered what was agreed last year

Stellantis stops battery plant construction in Canada

Car maker Stellantis has stopped construction at a more-than $3.7 billion electric-vehicle battery plant in Canada amid talks with the federal government about its support for the factory.

Business • 16 May 23

Stellantis said its net revenue rose to €47.2 billion, topping analyst expectations of €45.5 billion

Stellantis says facing inventory 'challenge'

Stellantis, the world's third-largest carmaker by sales, said today its revenue rose 14% in the first quarter on higher shipments, lifted by an improvement in semiconductor supply, and stronger pricing power.

Business • 03 May 23

Stellantis was created just over two years ago through the merger of Fiat Chrysler and Peugeot maker PSA

Stellantis tops forecasts in second half of 2022

Carmaker Stellantis today reported a forecast-beating 17% rise in operating profit in the second half of last year on a strong product and pricing mix, despite persistent issues with logistics and semiconductor supply.

Business • 22 Feb 23

The recall covers 67,000 2017 to 2023 Chrysler Pacifica Hybrid minivans in the United States and about 9,000 in other countries.

Stellantis recalls 76,000 plug-in hybrid minivans

Automaker Stellantis said it is recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that could cause engines to stall unexpectedly.

Business • 24 Jan 23

Stellantis said last month it would indefinitely idle an assembly plant in Illionois, citing high EV costs

Stellantis CEO warns of more car plant closures

Chrysler parent Stellantis chief executive Officer Carlos Tavares said that more car plant closures will happen if high prices for electric vehicles (EV) cause vehicle markets to shrink from pre-pandemic levels.

Business • 06 Jan 23

Stellantis, the world third-largest carmaker, launched hydrogen-powered mid-size vans late last year

Stellantis eyes stake in hydrogen mobility firm Symbio

Stellantis has entered exclusive talks with France's Faurecia and Michelin to buy a "substantial" stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said today.

Business • 23 Dec 22

In a 2015 decision, the EU said Luxembourg had granted Fiat Chrysler an unfair tax advantage by endorsing artificial and complex methods that artificially lowered its taxes

Fiat Chrysler and Ireland win EU tax ruling appeals

Fiat Chrysler has won its fight against an EU order to pay €30 million in back taxes to Luxembourg, dealing a major setback to EU antitrust chief Margrethe Vestager's crackdown on sweetheart deals between EU countries and multinationals.

Business • 08 Nov 22

Stellantis has pledged to make up 100% of its sales in Europe and 50% of its sales in the US from battery electric vehicles by 2030

Stellantis agrees nickel and cobalt supply deal

Carmaker Stellantis has signed a non-binding preliminary agreement with GME Resources to secure supplies of nickel and cobalt sulphate for electric vehicle (EV) batteries, the two companies said today.

Business • 10 Oct 22

Stellantis said it was managing the inflation topic country by country

Stellantis offers French workers bonus payment

Stellantis said it would provide financial support worth up to €1,400 to most of its employees in France to help them cope with surging inflation and would soon discuss a similar move in Italy.

Business • 28 Sep 22

The world's fourth largest carmaker said its adjusted earnings before interest and tax (EBIT) amounted to 12.4 billion euros in the first half

Stellantis posts record first half results

Strong pricing power and sales of high margin vehicles including electrified ones helped Stellantis post record results in the first half of the year despite headwinds from energy and raw material inflation and semiconductor scarcity.

Business • 28 Jul 22

Inflation, supply chain bottlenecks, rising coronavirus cases in some countries and an ongoing chip shortage are just a few of the problems plaguing the auto industry in the region

New car sales in Europe lowest since 1996

Europe registered the lowest number of new passenger cars in the month of June this year since 1996 at just over 1.06 million vehicles, with some carmakers seeing sales drop by nearly 50%, data from Europe's automobile association showed today.

Business • 15 Jul 22

Stellantis said in late March it would have to close the Kaluga plant shortly as it was running out of parts.

Stellantis suspends vehicle production in Russia

Carmaker Stellantis, which produced and sold the Peugeot, Citroёn, Opel, Jeep, and Fiat brands in Russia, said today it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.

Business • 19 Apr 22

Wire harnesses bundle up to 5km of cables in the average car

Carmakers scramble to replace Ukrainian auto parts

Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as China and Mexico, as Russia's invasion halts assembly lines and breaks complex supply chains.

Business • 14 Mar 22

Stellantis, the world's No.4 carmaker, owns a plant in Kaluga, Russia

Stellantis suspends export of cars to Russia

Stellantis has suspended all exports of cars to Russia as well as all imports from Russia.

Business • 10 Mar 22

Stellantis said that business in Russia represented around €20m in terms of its results

Stellantis sets up task force to monitor sanctions

The head of Stellantis said today the company had set up a task force to conform with any sanctions and monitor its staff in Ukraine, hours before the world's fourth biggest carmaker presents its strategic plan for the next few years.

Business • 01 Mar 22

Stellantis is proposing to pay out €3.3 billion in ordinary dividends - equal to €1.05 a share

Stellantis profitability beats target after merger

Stellantis said the margin on its adjusted operating profit climbed to 11.8% in its debut year, above its target of around 10%, thanks to strong execution on synergies.

Business • 23 Feb 22

The Amazon-Stellantis deal was announced in conjunction with the CES technology conference

Amazon and Stellantis partner to deploy smarter cars

The agreements between Stellantis and Amazon, the online retailer and cloud computing power, announced in conjunction with the CES technology conference, are wide ranging, involving software and hardware.

Business • 05 Jan 22

Chrysler is set to show the Airflow concept vehicle at the Consumer Electronics Show (CES) in Las Vegas this week

Stellantis' Chrysler brand to go all electric by 2028

Automaker Stellantis' Chrysler brand said it plans to shift to an all-electric lineup by 2028 and introduce new products, including a utility vehicle, as it moves forward, the North American brand's chief executive said.

Business • 05 Jan 22

Stellantis said from 2024 it would deploy three new technological platforms powered by artificial intelligence

Stellantis to develop AI-powered platforms from 2024

Automaker Stellantis has rolled out its software strategy, including a 2030 target of 20 billion euros in annual revenue from related products and subscriptions as it takes aim at rival Tesla.

Business • 07 Dec 21

Scania is pausing production at its truck plants in Sweden, France and the Netherlands for the whole week

Scania stops European truck production on chip shortage

Truckmaker Scania, part of Volkswagen's commercial vehicle arm, will halt production at its European truck plants this week due to the shortage of semi-conductors, it said today.

Business • 30 Aug 21

The Vauxhall car factory in England will get a £100m investment to produce electric cars

UK's Vauxhall factory gets new lease of life with EVs

The Vauxhall car factory in England will get a £100m investment to produce electric vehicles, owner Stellantis said today, the second positive news for British vehicle manufacturing in recent days.

Business • 06 Jul 21

Several carmakers in Europe have come under scrutiny since the Volkswagen "dieselgate" scandal

Citroen charged with consumer fraud over dieselgate

Carmaker Stellantis said that its French Citroen unit had been charged with consumer fraud by French prosecutors in a far-reaching diesel emissions probe.

Business • 10 Jun 21

The move comes as the world's fourth largest carmaker seeks to anticipate regulatory changes in the car industry

Stellantis to end contracts with European dealers

Carmaker Stellantis said it will end all current sales and service distribution contracts with European dealers for its 14 brands, with effect from June 2023, with the aim of restructuring its network.

Business • 20 May 21

Brands at Stellantis include Peugeot, Citroen, Fiat, Chrysler, Jeep, Ram, Maserati, Alfa Romeo and others

Stellantis to give its 14 car brands 10 years of funds

Stellantis chief executive Carlos Tavares said that each of the automaker's 14 car brands will receive funding over the next 10 years to prove themselves.

Business • 14 May 21

Stellantis said its first quarter revenues rose 14% to €37 billion on a pro-forma basis

Stellantis sees heavier impact from chip shortage in Q2

Stellantis, the world's fourth largest carmaker, said today it expects the global shortage of semiconductors to affect production this quarter more heavily than in the first three months of the year.

Business • 05 May 21