Jeep Debuts 2023 Wrangler Willys 4xe at Detroit Auto Show

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Stellantis (STLA) and Renault will Partially Suspend Production in Spain

September 16, 2022 10:23 AM EDT

According to a report by Reuters, Stellantis (NYSE: STLA) and Renault will partially halt production at their Spanish plants as the lack of microchips persists.

Two Renault factories in Spain's Castile and Leon region will come to a temporary halt. One of... More

President Biden Announces $900M for EV Charging at Detroit Auto Show

September 15, 2022 2:28 PM EDT

U.S. President Joe Biden, at the Detroit Auto Show Wednesday, announced the approval for $900 million in federal funding for a nationwide electrical vehicle charging network. As part of a $1 trillion infrastructure law passed in November, the first $900 million will be used to finance the construction of EV chargers across 53,000 miles of the national highway system in 34... More

Stellantis (STLA) to Repurchase 69.1 Shares Owned by GM (GM)

September 13, 2022 6:02 PM EDT

Stellantis (NYSE: STLA) and General Motors Holdings LLC, a subsidiary of General Motors Company (NYSE: GM) have executed a share repurchase agreement related to the 69.1 million common shares in Stellantis, representing approximately 2.2% of Stellantis share capital, that GM is... More

Stellantis (STLA) Owned Peugeot Launches New Electric E-308

September 13, 2022 10:42 AM EDT

Peugeot, a Stellantis (NYSE: STLA) owned French automobile company announced that they will be launching an all-electric version of their Peugeot 308 in Europe next year. However, an Australian launch is yet to be confirmed.

The new electric model, named the E-308, will come as a hatchback or station wagon, both with a 54 kWh high-voltage battery. The battery is a 400-volt system that... More