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Stellantis
Business, Equipment

Stellantis Profit Plunges 48% in First Half of Year

Carlos Tavares

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.

Associated Press
July 25, 2024
Government, Business, Fuel

Stellantis Forks Out $190 Million in US Fuel Economy Fines

Stellantis' Ram 1500 Revolution electric truck

Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.

Keith Laing | Bloomberg News
July 19, 2024
Government, Business, Technology, Safety

Stellantis Reports Battery Fire Risk for Hybrid Minivans

Pacifica hybrid

AUBURN HILLS, Mich. — Stellantis is telling the owners of more than 24,000 plug-in hybrid minivans to park them outdoors, and to stop charging them due to the possibility of battery fires.

Associated Press
July 19, 2024
Government, Business, Technology, Autonomous, TCA

Stellantis Invests Additional $55M in Electric Air Taxi

Archer air taxi

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

Luke Ramseth | The Detroit News
July 2, 2024
Business, Equipment

Stellantis Loses Another Executive Amid Slow Sales

Jim Morrison

Jim Morrison, former U.S. head of the Jeep and Ram brands, has left Stellantis, adding to a string of executive departures as the automaker grapples with sluggish sales.

Gabrielle Coppola | Bloomberg News
June 7, 2024
Business, Technology, Equipment, Fuel

Mercedes and Stellantis Press Pause on EV Battery Factories

Mercedes-Benz logo

Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.

Wilfried Eckl-Dorna and Albertina Torsoli | Bloomberg News
June 4, 2024
Business, Technology, Fuel

Fuel Cell Maker Symbio Unveils Class 8 FCEV Demonstrator

Symbio demonstrator

Hydrogen fuel cell manufacturer Symbio, backed by three auto industry heavyweights, unwrapped a Class 8 tractor equipped with its powertrain.

Keiron Greenhalgh | Staff Reporter
May 20, 2024
Business

Stellantis Swaps Third Ram Boss in Three Years as Sales Sink

Ram pickup

Stellantis NV replaced the head of its Ram and Dodge brands in the U.S. as the automaker faces pressure from falling sales and a complicated shift to electric vehicles.

Albertina Torsoli | Bloomberg News
May 17, 2024
Business, Equipment, TCA

Stellantis Shipments Fall Amid Transition to New Vehicles

Stellantis sign

Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.

Luke Ramseth | The Detroit News
April 30, 2024
Government, Business, Technology, TCA

Stellantis CEO Says EV Battery Weight Must Be Halved

Carlos Tavares

The weight of electric vehicles batteries should be halved over the next decade in order to make the cars more efficient and environmentally friendly, Stellantis NV CEO Carlos Tavares said.

Luke Ramseth | The Detroit News
April 4, 2024

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