Stellantis is planning to repay early a 6.3 billion euro ($7 billion) loan backed by the Italian government which its predecessor Fiat Chrysler secured at the peak of the coronavirus
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Stellantis reported a decline in U.S. auto sales on Tuesday, as the automaker’s performance was affected by chip shortage issue that forced it to halt production across Europe and the
Stellantis will require all of its 14,000 U.S. salaried non-represented workers to be fully vaccinated against COVID-19 by January 5, the automaker said on Friday, as it plans a phased
Stellantis is offering a voluntary retirement program to pension-eligible workers in the United States, the automaker said on Monday. They said early retirement is available to workers who are at
Stellantis on Thursday reported a 14% decline in third-quarter revenue on a pro-forma basis as the ongoing chip shortages have cut planned quarterly production by 30% or 600,000 vehicles. In
Stellantis’ four new electrified platforms are expected to each underpin the production of 2 million vehicles annually, the automaker’s head for Italy said on Wednesday. Since the creation of the
Stellantis has signed a deal with battery maker LG Energy Solution (LGES) for producing battery cells and modules for North America. The move comes as part of the automaker’s 30
Stellantis said on Thursday it would spend $229 million on three plants in Indiana to expedite the development of electric vehicles. The investment, which will retain 662 jobs, will modify
Stellantis announced Wednesday it has entered into a definitive agreement to buy F1 Holdings Corp., parent company to First Investors Financial Services Group, an independent auto finance company in the
Stellantis will suspend production in its plant in Italy that makes light commercial vehicles by next week due to ongoing semiconductor chip shortage. “I can confirm production at the Sevel
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