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Stellantis gives $1.1 million to Ukrainian refugees
... million euro for Ukrainian refugees and those who have been displaced by the Russian invasion of the country. In this time of unprecedented pain, Stellantis is concerned with the health and safety of our Ukrainian employees and families, according to Carlos Tavares , Stellantis CEO. An aggression that shook a world order, already unaffected by uncertainty, has been launched. The Stellantis community, made of 170 nationalities, looks with dismay as civilians flee the country. Even if the scale of causalities ...
Updated: 03/03/2022
Stellantis targets $335 billion in revenue by 2030
... Stellantis faces major challenges in turning its product range from traditional combustion engines to zero emission models and developing self-driving technology, all while fighting for market share with Tesla and a number of other electric-only startups. Carlos Tavares , Chief Executive, told reporters in Amsterdam that we are proud to be a legacy automaker. A legacy automaker shows our ability to design and make safe products at scale. He said others still have to prove it. Stellantis , born last year from ...
Updated: 03/01/2022
Stellantis to expand stake in China joint venture
... approval by the Chinese government, Stellantis , the world's number four carmaker, said on Thursday Jan 27 Additional details on Stellantis ' plan for the Chinese market will be revealed as part of a global strategic plan to be presented on Mar 1. When Carlos Tavares unveils his detailed strategy, analysts want to see a boost to its business in China , the world's biggest auto market. Stellantis needs to do better in China where its market share is almost negligible compared to rivals because of the merger ...
Updated: 01/27/2022
Stellantis CEO says combustion engines are a political risk
The European Commission's strategy to phase out combustion engines in favor of electric vehicles is a political decision that carries environmental and social risks, Carlos Tavares, Stellantis CEO, said in an interview with European newspapers. The European Commission 's strategy to phase out combustion engines in favor of electric vehicles is a political decision that carries environmental and social risks, Carlos Tavares ...
Updated: 01/18/2022
Stellantis Auto: carmaker plays catch-up with Tesla
... industry is about then Stellantis , the company that was created from the merger of Fiat Chrysler and Peugeot , has had a good start and its shares have far outpaced its U.S. rival in its inaugural year. This is just the first lap. When Chief Executive Carlos Tavares unveils his business plan on March 1, analysts want to see Stellantis make progress in China and overcapacity in Europe . Despite its shares increasing more than 60% since its debut on Jan. 18, 2021, Tesla 's market value of 59 billion euros ...
Updated: 01/18/2022
Stellantis shares surge 60% in first year, beating Tesla
... industry is about, Stellantis , the company formed from the merger of Fiat Chrysler and Peugeot , has had a good start and its shares have far outpaced its U.S. rival in its inaugural year. This is just the beginning of the day. When Chief Executive Carlos Tavares unveils his business plan on March 1, analysts want to see Stellantis make progress in China and overcapacity in Europe . Despite its shares going up more than 60% since its debut on Jan. 18, 2021 - a 27% gain for Tesla 's market value of ...
Updated: 01/18/2022
Stellantis shares leap in first year, beating Tesla
... the auto industry is about then Stellantis , a company formed from the merger of Fiat Chrysler and Peugeot , has had a good start and its shares far surpasses its U.S. rival in its inaugural year. This is just the first lap. When Chief Executive Carlos Tavares unveils his business plan on March 1, analysts want to see Stellantis make progress in China and overcapacity in Europe . The market value of Tesla 's Stellantis is still just 6% of its U.S. rival's, despite its shares surging more than 60% ...
Updated: 01/18/2022
CES: 70 South Korean attendees test positive for virus
... Omicron cases surged across the globe. Results from testing conducted by medical staff were reported to the local Southern Nevada Health Authorities, according to CES organizers. In other news from CES, Stellantis NV STLA said Chief Executive Officer Carlos Tavares, who attended the show, did not contract COVID - 19 in Las Vegas .
Updated: 01/14/2022
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