Tag: Stellantis

Stellantis May Generate Its Own Power At European Plants To Protect Against Russian Gas Threats

Stellantis CEO Carlos Tavares believes that his company’s European plants have the necessary space to generate their own electricity, and the threat of Russia cutting off Europe’s supply of natural gas may make it a worthwhile investment. Speaking at the Detroit auto show, the executive said that the company is “now preparing a very strong […]

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Stellantis Is Happy For Workers To Unionize Battery Plants

Stellantis has revealed that it will support workers if they choose to unionize future battery factories across North America. Speaking during a virtual media roundtable at the ongoing Detroit Auto Show, Stellantis chief executive Carlos Tavares said the carmaker has “zero problems with unions,” adding that “good dialogue with unions is part of the competitiveness […]

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Stellantis To Pay GM Nearly $1 Billion To Buy Back Shares Related To 2017 Opel Deal

Stellantis and GM said on Tuesday that they are set to execute a share repurchase agreement that will see the former buy 69.1 million of its own shares back from the Detroit automaker. The stocks amount to around 2.2 percent of Stellantis‘ share capital, and the conglomerate will pay €923,247,678 ($923,293,840 USD at current exchange […]

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EcoDiesel Powered Jeeps’ And Rams’ Radio May Glitch While Backing Up, Blocking Camera Feed

Stellantis North America is recalling 7,895 vehicles equipped with EcoDiesel engines over an issue that actually has nothing to do with the engine itself. It’s simply that certain radios on those vehicles may glitch out so bad that they put the vehicles in contravention of federal regulations. The problem affects 2,737 Jeep Wranglers made between […]

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Italian Unions See The Bright Side Of Rebadging Alfa Romeo’s Tonale As The Dodge Hornet

Although Alfa Romeo execs may have a hornet in their bonnet about Dodge’s Tonale rebadge, it appears that the Italian Unions are seeing the bright side of the arrangement. That’s because the added demand that the Dodge Hornet brings will see a much-needed boost to Stellantis’ plant capacity. An Increase Of 25 Percent For Italian […]

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Harvey Weinstein And Chrysler Drop Cases Against Each Another Over Jeep Rollover Crash

Harvey Weinstein and the U.S. portion of Fiat Chrysler Automobiles ([FCA], which is now a part of Stellantis) have agreed to drop their competing lawsuits over a 2019 accident involving a Jeep Wrangler. A joint stipulation filed this week in federal court in Manhattan now means that Weinstein and FCA have agreed to dismiss all […]

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Stellantis Beats Tesla For EV Sales In Europe, Wants To Be Number 1

Stellantis finished the first half of 2022 in the second spot for electric vehicle sales in Europe, easily beating Tesla in terms of volume and lagging just behind Volkswagen. “We are head on fighting for the top spot in terms of BEV sales in European market,” CEO Carlos Tavares said in an earnings call, per […]

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