Stellantis

Business

Stellantis shareholders approve €23.1mn payout for former CEO Tavares

The European carmaker is still looking for a new head after Carlos Tavares resigned in December, following a year of slumping sales. Investors rewarded the former CEO with a controversial pay package on Tuesday.

15/04/2025

Business

Stellantis sees plunging performance amid weaker sales across board

Stellantis’ disappointing performance comes as the wider global car market continues to face a number of challenges, particularly escalating tariff threats.

26/02/2025

Business

Automaker Stellantis recalls 68,000 units in France due to fire risk

Stellantis has had to issue several recalls lately linked to a number of manufacturing issues, including fire risks.

25/02/2025

Business

Car giant Stellantis gears up for multi-billion dollar US investment

The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.

23/01/2025

Business

Stellantis to invest nearly €2 billion in Italian production next year

Carmaker Stellantis will invest nearly €2 billion in Italian production next year and spend another €6 billion in the supply chain, the head of European operations told a government panel on Tuesday.

18/12/2024

Business

Boost for Stellantis and CATL as they team up for EV battery venture

European car markers are struggling to keep up with their Chinese counterparts in electric cars, a key pillar of the green transition that the EU is pursuing in order to bring in electric-only vehicles by 2035.

10/12/2024

Business

Italian deputy PM blames Agnelli family for Stellantis problems

Matteo Salvini, Italy's deputy prime minister and minister of infrastructure and transport, has criticised the Agnelli family over car maker Stellantis' problems, as the company continues to struggle with weaker sales and falling demand.

04/12/2024

Business

Stellantis CEO Tavares quits: Why his EV bet sparked his departure

Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising competition from Chinese car makers. His departure highlights the mounting challenges for legacy carmakers in the EV transition.

02/12/2024

Business

Stellantis announces plans to close Vauxhall van-making plant at Luton

The French-Italian car giant says it is planning more investment to enhance its other UK factory at Ellesmere Port as the UK's sustainable, EV-only volume manufacturing plant.

27/11/2024

Business

Auto industry shift to EVs expected to go on despite Trump tax threats

The auto industry's shift to EVs is expected to go on despite Donald Trump's threat to kill tax credits.

26/11/2024

Business

Stellantis recalls Jeep and Dodge SUVs to fix computer safety problem

Stellantis is recalling about 207,000 Jeep and Dodge SUVs in the US to fix a computer problem that can disable the anti-lock brakes and electronic stability control safety features.

13/11/2024