Stellantis shares plunge as carmaker follows Volkswagen in profit ...
WEB18 hours ago · For Stellantis, Monday’s profit warning is the latest piece of bad news. The company has recently had to recall more than 1.2 million Ram 1500 vehicles due to a software malfunction in the anti ...
Carmaker Stellantis slashes forecasts as it faces industry slump …
WEB19 hours ago · Updated 5:33 AM PDT, September 30, 2024. MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition. Stellantis said it was accelerating efforts to turn around North America ...
Stellantis CEO follows Chinese route to avoid EV tariff 'trap'
WEB4 days ago · That belief led Stellantis to purchase a 21% stake in China EV maker Leapmotor, opens new tab last October, creating a joint venture giving Stellantis access to Leapmotor technology and exclusive ...
Stellantis and Aston Martin blame weaker China demand for …
WEB20 hours ago · Stellantis and Aston Martin have become the latest European carmakers to issue profit warnings as the industry is hammered by competition from cheaper Chinese rivals. In recent weeks, Germany’s ...
CEO Tavares revamps Stellantis’ China operations in 3 steps
WEBOct 26, 2023 · Since Carlos Tavares took the helm at Stellantis in early 2021, he has moved quickly to overhaul the automaker's troubled China operations, from Jeep to Peugeot and Citroen.
Stellantis’ joint venture in China to launch soon and is ... - Electrek
WEBMay 8, 2024 · Approximately six months after taking a $1.6 billion stake in Chinese OEM Leapmotor, Stellantis is reportedly poised to officially launch a new joint venture between the two automakers to sell...
Stellantis to export China-made EVs to Europe via Leapmotor deal
WEBMay 14, 2024 · Automaker Stellantis expects to quickly grow sales of China-made electric vehicles outside of the country through a new joint venture with Leapmotor, starting later this year, according to the...
Stellantis ships to Europe first fully electric cars produced in ...
WEBJul 30, 2024 · Carmaker Stellantis has shipped the first electric vehicles produced under a joint venture with China’s Leapmotor to Europe, with the first models to go on sale next month.
Stellantis, Dongfeng to expand exports of China-made cars with …
WEBOct 19, 2023 · China's Dongfeng Motor Group and Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to capture the burgeoning China auto...
Stellantis takes $1.6 bln Leapmotor stake to revive China fortunes
WEBOct 25, 2023 · HANGZHOU/MILAN, China, Oct 26 (Reuters) - Stellantis said on Thursday it is buying a 21% stake in EV maker Leapmotor in a $1.6 billion deal that will give it a fresh shot in China, the...