French-Italian-American automaker Stellantis is planning to invest about $10 billion in the United States, Bloomberg News reported on Saturday, citing people familiar with the situation. Stellantis ...
Cost remains one of the biggest challenges of electric vehicles and the single most expensive piece in an EV is the battery, followed by the power electronics module (PEM) and drive units. Electricity ...
Stellantis plans to invest $13 billion in U.S. auto manufacturing operations over the next four years. The trans-Atlantic automaker said the investments will add more than 5,000 jobs to its domestic ...
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after ...
Stellantis recently changed course regarding a previous commitment to build the Jeep Compass in Brampton, Ontario. Instead, Stellantis said it will build the vehicle in Illinois. Now, Canadian ...
For Stellantis, 2025 was a financially painful year, with big losses, triggering the elimination of profit sharing for unionized workers in the U.S. But newly minted CEO Antonio Filosa insists a ...
Stellantis has struggled mightily in recent years due to a combination of aging product lineups, ineffective inventory management, quality control issues, and high vehicle pricing. Stellantis' ...
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