For €4.1 billion Stellantis and Contemporary Amperex Technology Co. Ltd. (CATL) have announced a landmark agreement to invest up to €4.1 billion in a joint venture to build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The cutting-edge facility, set to commence
Stellantis
Stellantis proudly concluded its third global Student Awards Program, recognizing more than 660 recent high school and university graduates of Stellantis employees from 22 countries with prestigious monetary awards during an online ceremony. The year-long education program encourages the innovative spirit of talented minds. This year’s applicants shared their vision of
To drive simplification and enhance organisational performance in a turbulent global environment, Stellantis today announced targeted management changes, effective immediately, under the leadership of CEO Carlos Tavares to redouble the Company’s focus on its key business priorities and confront head-on the global challenges facing the industry. Antonio Filosa is appointed
In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. The impressive results underscore Stellantis Pro One’s robust presence in global markets, aligning with the Company’s ambitious Dare Forward 2030 strategic targets. “Today’s results reflect the soundness
Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI(1) of €8.5 billion represented a 10% AOI margin(2), and Adjusted diluted EPS(5) decreased 35% y-o-y. Lower financial performance in the first half of 2024 was […]
In a strategic move, Stellantis has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS Automobiles brands […]
Stellantis Middle East, a global leader in automotive innovation, organized a one-day insight session on Electric Vehicles (EVs) service center and vehicle safety standards for the Gulf Standardization Organization (GSO) and delegates from Gulf Cooperation Council (GCC) regulatory and standardization bodies. This event, held at the Certified eExpert Center Facility of
Stellantis, the global automaker, has announced thatEurorepar, its automotive multi-brand product range, has expanded its Middle East product offerings with the launch of a new line of automotive aftermarket parts designed specifically for Chinese car brands. This expansion marks a significant milestone for Eurorepar and underscores our commitment to meeting the diverse
Stellantis, a global leader in automotive innovation, today announces the launch of Stellantis Brands FlexCare, its latest Vehicle Protection program, tailored specifically for drivers in the Middle East. Stellantis Brands FlexCare embodies Stellantis’ commitment towards the best customer experience, aligning seamlessly with its Dare Forward 2030 strategy for the highest
Stellantis today released its third Corporate Social Responsibility (CSR) Report, which summarizes the progress made by the Company on sustainability activities geared toward a better society for all. “While mobility is the first element of our approach to sustainable progress, we also look to create change within our own operations and in our communities – […]
Stellantis N.V. announced today that its First Quarter 2024 Shipments and Revenues will be released on Tuesday, April 30, 2024. A live webcast and conference call of the First Quarter 2024 Shipments and Revenues will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Tuesday, April 30, 2024. The related press release and presentation […]
Stellantis N.V. and Archer Aviation Inc. (NYSE: ACHR) today announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. Stellantis’ increased investment in
Dodge is igniting a new era of automotive muscle, announcing today the global debut of the world’s first and only electric muscle car and the brand’s first multi-energy muscle car: the all-new Dodge Charger. The next-generation Dodge Charger electrifies a legend. The Charger will retain its title as the world’s quickest and most powerful muscle […]
The Freedom of Mobility Forum, initiated by Stellantis and facilitated by a neutral third-party, today announced details for the second annual virtual debate planned for Wed., April 3, 2024. The topic of the 2024 live digital debate will be: “How will our planet accommodate the mobility needs of 8 billion people?” The discussion will explore […]
Dodge, the icon of power and performance, has signaled for a final celebration of the V8 HEMI®, allowing for true automotive enthusiasts to experience the legendary engines in the Challenger and Charger models in the Middle East, while they still can. Embracing this bold legacy, the V8 HEMI® promises to bid an unforgettable farewell to […]
Stellantis N.V. today reported record full year 2023 results. Net revenues grew 6% y-o-y to €189.5 billion, Net profit rose 11% to €18.6 billion, and Industrial free cash flows increased 19% y-o-y to €12.9 billion.Global BEV sales are up 21% y-o-y and LEV sales up are 27% y-o-y, with PHEVs in the U.S. at #1(3) […]
Abarth and Stellantis Motorsport are proud to announce a new collaboration which aims to set a new standard in the electric automotive world with the birth of the most powerful Abarth ever thanks to its 240hp. The partnership is a tribute to Abarth’s racing history. In fact, competitions have always been part of its DNA. […]
Stellantis, one of the world’s leading automakers, today announced a new leadership team for its Middle East operations, as the company aims for regional market leadership by 2030 as part of its Dare Forward 2030 Strategy for the Middle East and Africa (MEA). With ambitious targets across industrial, commercial, product, digitization, aftermarket and purchasing fields […]