By partnering with 360 Energy Solar, the company aims to bolster its energy self-sufficiency and reduce its carbon footprint.
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Luxury Cars
Stellantis CEO warns of challenges amid Chinese car manufacturing in Italy
by Biplab Dasby Biplab DasExpressing apprehension, Stellantis CEO Carlos Tavares highlighted the potential consequences of introducing Chinese competition into the Italian market.
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INDUSTRY NEWSLatest News
Stellantis’ Italian production dips, aims for growth amid challenges
by Biplab Dasby Biplab DasThis setback comes amidst the automaker’s discussions with the Italian government to revitalise production in the country and achieve ambitious growth targets.
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INDUSTRY NEWSLatest News
Stellantis CEO urges 50 per cent reduction in EV battery weight for environmental impact
by Biplab Dasby Biplab DasTavares made these remarks during the Stellantis Freedom of Mobility Forum, shedding light on the challenges and opportunities in the pursuit of sustainable mobility.
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Stellantis has been asked to increase its output in Italy to one million units annually by the end of this decade.
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The first delivery volumes from Franco-Italian automaker Stellantis are expected to begin in the first half of this year.
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A component of Stellantis CEO’s package includes 13 billion euros in long-term incentives linked to specific performance targets.
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INDUSTRY NEWSLatest News
Stellantis to produce electric vans at UK Luton plant
by Biplab Dasby Biplab DasThis decision marks a significant milestone for the historic factory, which has been manufacturing vans for over nine decades.
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Stellantis was created in 2021 after the merger of France’s Peugeot-maker PSA, and Italian-American Fiat Chrysler.
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Stellantis issues cautionary outlook for 2024 amid operating profit decline, labor strikes, and industry challenges