93 news articles matched

Tag: Autos Stellantis
Stellantis chief Tavares warns of tough year ahead
17 April 2024
MILAN: Carmaker Stellantis faces a challenging year with increasing pricing pressures, its chief executive warned on Tuesday before shareholders voted to approve his bumper 2023 sa...
Chinese car manufacturing in Italy could force tough decisio...
11 April 2024
TURIN: Chinese car manufacturing in Italy could force some tough decisions for Stellantis including plant closures, the head of the Franco-Italian group, Italy's sole major automak...
Auto industry must halve EV battery weight over next decade,...
04 April 2024
MILAN: The automotive industry will have to reduce the weight of EV batteries by 50% in the next 10 years to make electrification environmentally meaningful, the head of Stellantis...
California and Stellantis strike vehicle emissions deal
20 March 2024
WASHINGTON: Chrysler parent Stellantis and the state of California reached an agreement on emissions on Tuesday after the company unsuccessfully sought to join a deal that other au...
China okays Stellantis-Leapmotor joint venture, say sources
07 March 2024
PARIS: A proposed joint venture that would allow world No. 4 automaker Stellantis to build and sell Leapmotor's electric vehicles outside China has received approval from a Chinese...
Bermaz Auto Alliance ceases operations and quits Peugeot, DS...
29 February 2024
KUALA LUMPUR: Bermaz Auto Alliance (BAA) has ceased operations today after three years since its establishment to manage the distribution, sales and aftersales service of Peugeot v...
Stellantis Malaysia launches one-stop call centre
29 February 2024
KUALA LUMPUR: Effective March 1, Stellantis Malaysia National Sales Company (Stellantis Malaysia) will open a one-stop call centre for Peugeot, DS and Citroën vehicles in the count...
Stellantis CEO total compensation jumps 56% to 36 million eu...
23 February 2024
WASHINGTON: Stellantis CEO Carlos Tavares' total compensation in 2023 rose 56% to 36.49 million euros (RM188.6mil), the Italian-American automaker with brands including Chrysler an...
Stellantis may build Leapmotor EVs in Italy, says report
20 February 2024
MILAN: Stellantis is considering building up to 150,000 low-cost electric vehicles (EVs) in Italy, in its Mirafiori complex in Turin, as part of its agreements with Chinese automak...
Stellantis can be an industry 'consolidator', says CFO
16 February 2024
PARIS: Stellantis, with 61 billion euros (RM314bil) in liquidity and strong cash flows, will keep "eyes open" for potential acquisitions and merger opportunities, the automaker's c...
Stellantis looks for growth in Asia-Pacific region
01 February 2024
PETALING JAYA: Stellantis is committed to its significant investments and developing a strong Asean hub in Malaysia while supporting the growth of the India and Asia Pacific (IAP) ...
Stellantis acquires startup AI tech for in-vehicle software ...
26 January 2024
DETROIT: Stellantis on Wednesday announced it has acquired artificial intelligence and machine learning technology, intellectual property rights and patents from UK-based CloudMade...
Stellantis will avoid brutal price cuts, says CEO
21 January 2024
MILAN: Stellantis must avoid being drawn into a price war that would destroy profitability and might eventually make many automakers takeover targets, CEO Carlos Tavares said on Fr...
Stellantis to launch 8 models based on new STLA Large platfo...
20 January 2024
MILAN: Stellantis N.V. says it will launch eight new models between 2024 and 2026, all based on the innovative STLA Large platform. It said on Friday that the new and highly fle...
Stellantis turning to airfreight to compensate for temporary...
14 January 2024
MILAN: Stellantis is relying on airfreight to cope with temporary supply disruptions caused by international shifts in transport routes due to attacks on vessels in the Red Sea, a ...
Stellantis to invest in French sodium-ion battery maker for ...
12 January 2024
PARIS: Stellantis announced today that it is investing in French sodium-ion battery startup Tiamat to diversify its portfolio and mass-produce electric vehicles while reducing expo...
Stellantis uses Amazon cloud to cut in-car software developm...
09 January 2024
LONDON: Stellantis said today using Amazon's computing power and BlackBerry technology it has developed a "virtual cockpit" to create and test new versions of car controls and syst...
Stellantis will not advertise in 2024 Super Bowl
07 January 2024
WASHINGTON: Chrysler-parent Stellantis said on Friday it will not advertise in next month's NFL Super Bowl, citing the challenging US automotive market. In November, General Mot...
Stellantis to test electric vehicle battery swapping in Madr...
11 December 2023
AMSTERDAM: Car manufacturer Stellantis said Thursday it will test a system to exchange batteries in a fleet of electric cars in Madrid next year. The test using technology from ...
Stellantis seeks to void California emissions deal with riva...
07 December 2023
DETROIT: Chrysler-parent Stellantis said on Wednesday it is seeking to void a 2019 California emissions deal with rival automakers and it may face new compliance penalties from sta...