Stellantis has announced changes to its leadership team, appointing new executives to key positions

Italy’s nationalist government has been urging Stellantis to increase its annual vehicle production in the country.

Stellantis, the multinational automotive corporation, expects a major confrontation with Chinese rivals in the European market for electric vehicles (EVs), warning of significant consequences for …

Stellantis is aiming for a double-digit margin on adjusted income and a positive industrial free cash flow.

By partnering with 360 Energy Solar, the company aims to bolster its energy self-sufficiency and reduce its carbon footprint.

Expressing apprehension, Stellantis CEO Carlos Tavares highlighted the potential consequences of introducing Chinese competition into the Italian market.

This setback comes amidst the automaker’s discussions with the Italian government to revitalise production in the country and achieve ambitious growth targets.

Tavares made these remarks during the Stellantis Freedom of Mobility Forum, shedding light on the challenges and opportunities in the pursuit of sustainable mobility.

Stellantis has been asked to increase its output in Italy to one million units annually by the end of this decade.

The first delivery volumes from Franco-Italian automaker Stellantis are expected to begin in the first half of this year.