Tag Archives: Stellantis

EBRD Bolsters Serbian Automotive Lighting with €15 Million Loan for Energy-Efficient Expansion

(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release

Stellantis Ventures Backs SteerLight’s Next-Gen LiDAR Technology for Advanced Driver Assistance Systems

(IN BRIEF) Stellantis Ventures, the corporate venture fund of Stellantis N.V., announces its investment in SteerLight, a pioneer in high-performance LiDAR sensing technology. SteerLight’s innovative LiDAR, powered by silicon photonics technology, promises enhanced resolution, precision, and cost-effectiveness compared to existing … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release

Stellantis Approves €3 Billion Share Buyback Program to Enhance Shareholder Value

(IN BRIEF) Stellantis has announced the approval of a share buyback program worth up to €3 billion, reflecting the company’s robust financial position and commitment to delivering value to shareholders. The program, to be executed on the market, will involve … Read the full press release

Stellantis Achieves Record Financial Performance in 2023, Proposes Increased Dividend and Share Buyback

(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release

Stellantis Announces Record Employee Payouts Totaling Nearly €1.9 Billion

(IN BRIEF) Stellantis has revealed its plans to distribute close to €1.9 billion this year to employees worldwide, based on the company’s impressive 2023 financial results and global achievements. This marks a significant milestone since the formation of Stellantis just … Read the full press release

Carlos Zarlenga Appointed to Lead Stellantis North America, Focusing on Electrification and Performance Improvement

(IN BRIEF) Stellantis has announced that Carlos Zarlenga will assume the role of leading Stellantis North America, effective February 1, 2024, taking over from Mark Stewart. Zarlenga, who brings over a decade of automotive experience and a strong financial background, … Read the full press release

SIXT Strikes Multi-Billion Euro Deal with Stellantis for Up to 250,000 Vehicles in Rental Fleet Expansion

(IN BRIEF) SIXT, the premium mobility service provider, and Stellantis, a major global automaker, have reached a multi-billion euro agreement, allowing SIXT to potentially purchase up to 250,000 vehicles for its rental fleet across Europe and North America over the … Read the full press release

Symbio Inaugurates Europe’s Largest Hydrogen Fuel Cell Gigafactory to Accelerate Hydrogen Mobility

(IN BRIEF) Symbio, a joint venture between Forvia, Michelin, and Stellantis, has inaugurated its first gigafactory called SymphonHy in Saint-Fons, France. This gigafactory is Europe’s largest integrated site producing hydrogen fuel cells and is part of the HyMotive project, a … Read the full press release

Stellantis Appoints Grégoire Olivier to Lead Liaison Office for Leapmotor

(IN BRIEF) Stellantis, the multinational automotive corporation, has appointed Grégoire Olivier to head a newly established “liaison office” for Leapmotor, a strategic partner. Reporting directly to Stellantis CEO Carlos Tavares, Olivier will oversee the execution of the partnership, including the … Read the full press release

Stellantis Implements Robust Strategy to Secure Long-Term Semiconductor Supply for Advanced Vehicles

(IN BRIEF) Stellantis, the automotive company, is adopting a multifaceted strategy to manage and secure the long-term supply of semiconductors, which are essential for the performance and features of their vehicles. The strategy includes a semiconductor database for transparency, systematic … Read the full press release

Stellantis Unveils STLA Medium: A Global BEV Platform with Best-in-Class Range and Flexibility

(IN BRIEF) Stellantis N.V. has introduced the STLA Medium, a global BEV-by-design platform featuring advanced capabilities such as a best-in-class range of 700 kilometers (435 miles), energy efficiency, and embedded power and charging power. The STLA Medium platform is designed … Read the full press release

Stellantis Invests in Lyten’s Revolutionary Graphene-Based EV Batteries

Stellantis Invests in Lyten's Revolutionary Graphene-Based EV Batteries

(IN BRIEF) Stellantis, a global automaker, has made an investment in Lyten, a Silicon Valley-based company known for its innovative 3D Graphene technology. The investment aims to accelerate the development and commercialization of Lyten’s breakthrough Lithium-Sulfur EV battery technology, lightweighting … Read the full press release

Decarbonizing Mobility: Stellantis Joins Faurecia and Michelin as Symbio Shareholder

(IN BRIEF) Stellantis, Faurecia, and Michelin have reached a significant agreement wherein Stellantis will acquire a 33.3% stake in Symbio, a prominent provider of zero-emission hydrogen mobility solutions. Faurecia and Michelin will retain equal ownership stakes. The deal highlights Symbio’s … Read the full press release

Stellantis’ Freedom of Mobility Forum debuts with “decarbonised world” debate

(IN BRIEF) Stellantis and Wavestone have published key takeaways from the Freedom of Mobility Forum’s inaugural digital debate, titled “In a decarbonized world, will freedom of mobility be affordable to a happy few only?” The debate featured a diverse group … Read the full press release

BNP Paribas Personal Finance strengthens position as European leader in personal financing with Stellantis partnership

(IN BRIEF) BNP Paribas Personal Finance has become the exclusive partner for Stellantis’ captive for financing activities, serving all its brands across Germany, Austria, and the UK. This move almost doubles the assets of BNP Paribas Personal Finance in Germany … Read the full press release

Opel bekennt sich zu einer vollelektrischen Aufstellung in Europa bis 2028 mit Stellantis’ Investition in Eisenach

(IN KÜRZE) Stellantis wird über 130 Millionen Euro in das deutsche Montagewerk Eisenach investieren, um die Produktion eines batterieelektrischen Fahrzeugs (BEV) als Nachfolger des Kompakt-SUV Opel Grandland aufzunehmen. Das neue BEV wird in der zweiten Hälfte des Jahres 2024 mit … Read the full press release

Opel Commits to Fully Electric Lineup in Europe by 2028 with Stellantis’ Eisenach Investment

(IN BRIEF) Stellantis will invest over €130 million in Germany’s Eisenach Assembly Plant to add production of a battery electric vehicle (BEV) successor to the Opel Grandland compact SUV. The new BEV will begin production in the second half of … Read the full press release

Stellantis and Wavestone’s Freedom of Mobility Forum to tackle climate change and mobility challenges

(IN BRIEF) Stellantis has partnered with consulting firm Wavestone to launch the Freedom of Mobility Forum, which will host a live digital debate on March 29th titled “In a decarbonized world, will freedom of mobility be affordable to a happy … Read the full press release

Stellantis’ Dare Forward 2030 Plan Takes Step Forward with Terrafame Partnership

(PRESS RELEASE) AMSTERDAM, 18-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, and Terrafame Ltd., a Finnish-based mining and chemicals … Read the full press release

El plan Dare Forward 2030 de Stellantis da un paso adelante con la asociación Terrafame

(COMUNICADO DE PRENSA) ÁMSTERDAM, 18-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), un fabricante de automóviles multinacional líder y proveedor de soluciones de movilidad innovadoras formado en 2021 por la fusión de Fiat Chrysler y PSA Group, y Terrafame Ltd., una … Read the full press release

Vulcan and Stellantis Partner to Decarbonize German Automotive Plant with Geothermal Energy

(PRESS RELEASE) AMSTERDAM, 17-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, and Vulcan Energy Resources Limited (Vulcan; ASX: VUL, … Read the full press release

Vulcan y Stellantis se asocian para descarbonizar planta automotriz alemana con energía geotérmica

(COMUNICADO DE PRENSA) ÁMSTERDAM, 17-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), un fabricante de automóviles multinacional líder y proveedor de soluciones de movilidad innovadoras formado en 2021 por la fusión de Fiat Chrysler y PSA Group, y Vulcan Energy Resources … Read the full press release

Stellantis zahlt aufgrund starker Finanzergebnisse für 2021 1,9 Milliarden Euro an seine Mitarbeiter

In allen Ländern, in denen Stellantis vertreten ist, profitieren Mitarbeiter1 im ersten Jahr von den Ergebnissen des Unternehmens 1,9 Mrd. € umverteilt, 770 Mio. € mehr als der kumulierte Betrag, der letztes Jahr von jedem der vorherigen Altunternehmen umverteilt wurde, … Read the full press release

Stellantis to pay €1.9 billion to its employees as a result of strong 2021 financial results

In all countries where Stellantis is present, employees1 benefit from the Company’s results in first year €1.9 billion redistributed, €770 million more than the cumulative amount redistributed last year by each of the previous legacy companies, representing 70% increase Company compensation … Read the full press release

Stellantis wird Mehrheitsaktionär des Joint Ventures GAC-Stellantis in China nach regulatorischen Änderungen, die zusätzliche ausländische Investitionen in bestehende Joint Ventures zulassen

Änderung möglich dank neuem Regulierungsrahmen, der ab Januar 2022 zusätzliche ausländische Investitionen in bestehende Joint Ventures zulässt Stellantis und die GAC Group werden weiterhin zusammenarbeiten, um das erfolgreiche Geschäftspotenzial der Marke Jeep® in China zu entwickeln Erster wichtiger Schritt zur … Read the full press release

Stellantis to become majority shareholder in GAC-Stellantis joint venture in China following regulatory changes that allow additional foreign investment in existing joint ventures

Change possible thanks to new regulatory framework allowing additional foreign investment in existing JVs, starting from January 2022 Stellantis and GAC Group will continue cooperating to develop the Jeep® Brand’s successful business potential in China First key step to rationalize … Read the full press release

Stellantis feiert einjähriges Jubiläum: 33 elektrifizierte Fahrzeuge bereits verfügbar

Ein schnelles Jahr als neues Unternehmen, das sich verpflichtet hat, die neue Ära der Mobilitätsmöglichkeiten zu erobern und innovative, agile und effiziente Lösungen anzubieten, die die Art und Weise verändern werden, wie sich die Welt bewegt Bauen Sie eine solide … Read the full press release

Stellantis marks its first anniversary: 33 electrified vehicles already available

One fast year as a new company, committed to capturing the new era of mobility opportunities, offering innovative, agile and efficient solutions that will change the way the world moves Building a sound foundation, while delivering impressive H1 results and … Read the full press release

BNP Paribas Personal Finance to become exclusive partner of the captive of Stellantis for the financing of all its 14 brands

(PRESS RELEASE) PARIS, 17-Dec-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced it entered into exclusive negotiations with Stellantis, a leading global automaker and provider of innovative mobility solutions formed out of the merger of … Read the full press release

Carlos Tavares, CEO of Stellantis and Philippe Brassac, CEO of Crédit Agricole SA comment on the newly formed pan European leader in operational car leasing

(PRESS RELEASE) AMSTERDAM/ MONTROUGE, France, 17-Dec-2021 — /EuropaWire/ — Following the announcement of the creation of a new pan European leader in operational car leasing by Stellantis and Crédit Agricole, Carlos Tavares, CEO of Stellantis, and Philippe Brassac, CEO of … Read the full press release

CA Consumer Finance takes over FCA Bank and Leasys Rent to launch fully owned pan-European car financing, leasing and mobility company

Crédit Agricole Consumer Finance and Stellantis plan to create a European leader in operational car leasing Crédit Agricole Consumer Finance considers launching a new car financing, leasing and mobility company in Europe A press conference call with Stéphane Priami will … Read the full press release

New pan European leader in operational car leasing established by Stellantis and Crédit Agricole

Crédit Agricole and Stellantis intend to join forces to create a European leader in long-term leasing CA Consumer Finance plans also to launch a panEuropean, multi-brand operator in automotive financing, leasing and mobility (PRESS RELEASE) MONTROUGE, France, 17-Dec-2021 — /EuropaWire/ … Read the full press release

Telefónica and its partners bring intelligence and facilitate assisted driving in Spain’s Cereixal tunnel

In partnership with Nokia, Ineco, Stellantis, the CTAG (Automotive Technology Centre of Galicia) and SICE within the framework of the 5G Galicia Pilot promoted by the Ministry of Economic Affairs and Digital Transformation through Red.es and the Ministry of Transport, Mobility and … Read the full press release

Stellantis N.V. subsidiary FCA Italy and Engie EPS form e-Mobility joint venture

(PRESS RELEASE) PARIS/ TURIN, 26-Jan-2021 — /EuropaWire/ — Stellantis N.V. (STLA:EN) announces that its wholly owned subsidiary FCA Italy S.p.A. has signed an agreement with Engie EPS (EPS:EN) to create a Joint Venture in the e-Mobility sector. These agreements, including … Read the full press release