Stellantis chair Elkann targeted in 75 mln euro seizure over …
WEB12 hours ago · An Italian judge has seized money and assets worth almost 75 million euros ($84 million) from five people, including Stellantis and Ferrari Chair John Elkann, as part of an investigation into ...
UAW Moves Toward Stellantis Strike as Tensions Escalate - MSN
WEBAt the time, Stellantis also said it would build a $3.2 billion battery plant in Illinois with a still-to-be-determined partner that would employ 1,300 people when it opens in 2028.
Stellantis Highlights New Technologies Boosting Manufacturing
WEB1 day ago · Sept. 20, 2024. A.I., robotics, and vision-based systems are among more than 90 new technologies the automaker has adopted to lower production costs and energy consumption, and improve product quality. Stellantis staged an event at its Mirafiori assembly complex in Turin, Italy, to highlight 93 manufacturing and production technologies ...
Stellantis to lay off up to 2,450 factory workers as classic Ram ... - CNN
WEBAug 9, 2024 · Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.
Stellantis ready to axe brands and fix US problems, CEO says
WEBMILAN, July 25 (Reuters) - Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio,...
Jeep, Dodge-maker Stellantis reports 48% drop in first-half profit
WEBJul 25, 2024 · Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes and lower market share in North America.
Stellantis May Kill Brands Struggling to Turn a Profit, CEO Says
WEBJul 26, 2024 · Stellantis, which includes brands such as Dodge, Fiat, Jeep, Maserati, and Ram, may become more aggressive about axing ones that don't turn a profit.
Stellantis aims to correct ‘arrogant’ mistakes in U.S ... - CNBC
WEBJun 13, 2024 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales...
First Half 2024 Results - Stellantis
WEBJul 25, 2024 · AMSTERDAM – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI (1) of €8.5 billion represented a 10% AOI margin (2), and Adjusted diluted EPS (5) decreased 35% y-o-y.
Press Releases - Stellantis
WEBStellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory; October 11, 2023; Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence; October 9, 2023; MEDIA ADVISORY: Stellantis to Present Commercial Vehicles Strategy and New Global Van …
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