China’s electric vehicle (EV) maker Leapmotor has signed a carbon credit transfer agreement with Italy’s Stellantis. The plan sees Stellantis buying CO₂ credits from Leapmotor, which can generate these credits through producing and selling zero-emission vehicles (ZEVs). The deal reflects how EV manufacturers are not only cutting emissions but also earning revenue by selling tradable…
Italian executive Antonio Filosa has kept his role as head of North America at Stellantis (ETIENNE LAURENT) Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles. The company veteran,…
A driver is dead after a two-car crash on U.S. 95 south of Tonopah earlier this week. Nevada State Police troopers say the crash happened just before 9:30 a.m. on Wednesday, about nine miles of Tonopah. NSP says a preliminary investigation shows that a Chrysler Pacifica minivan was heading north on U.S. 95 while a…
Why is Trump exempting tariffs for some car makers? – CBS News Watch CBS News President Trump is offering an economic reprieve to the Big Three automakers. The White House announced on Wednesday that Ford, General Motors and Stellantis would receive a one-month exemption from his tariffs. CBS News’ Fin Gomez and Kelly O’Grady have…
We recently published a list of 12 Best EV Stocks to Buy for The Long Term. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against other best EV stocks to buy for the long term. While there was a slowdown in the US battery electric vehicle (BEV) sales…
Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and impede parking, increasing the risk of a crash, according to a recall notice posted Wednesday by the National Highway Traffic Safety Administration. As a result of a poorly seated input shaft…
MADRID (Reuters) -Stellantis (STLA) and Chinese battery maker CATL (300750.SZ) will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday. The companies have set up a 50-50 joint venture for the project and expect to start production by the end of 2026….
By Nora Eckert DETROIT (Reuters) – Stellantis’ former head of Ram is returning to the company just months after announcing his retirement, as the automaker seeks to strengthen its leadership team following the unexpected resignation of CEO Carlos Tavares. Stellantis confirmed on Monday that Timothy Kuniskis would resume his position as CEO of Ram, one…
Stellantis CEO Carlos Tavares, pictured in January 2023, was made chief executive when PSA and Fiat-Chrysler merged to form the new group (Robyn BECK) Stellantis chief executive Carlos Tavares on Sunday resigned “with immediate effect”, the auto giant announced, signalling differences over how to confront the group’s profit slump. The Italian-US-French company, whose brands include…
By Nora Eckert DETROIT (Reuters) -Stellantis added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit automotive parts facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling North American business. “As Stellantis navigates a transitional year, the focus is on realigning its U.S. operations to…