Stellantis (STLA), South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa
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March 9, 2023 11:17 AM EST
Stellantis (NYSE: STLA) announced Thursday that the automotive company will use its Cassino assembly plant in central Italy for making cars based on its STLA Large platform as part of the company's electrification strategy.
The announcement was made today by Stellantis CEO Carlos Tavares as he visited the technically advanced assembly plant, which currently... More
March 8, 2023 8:37 AM EST
Stellantis (NYSE: STLA) announced Wednesday in a press release that the automaker has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) and Department of Trade, Industry and Competition (the dtic) to develop a manufacturing facility in South Africa.
The signing ceremony took place at the office of Mr. Ebrahim Patel, Minister of Trade, Industry and Competition, and was attended by Mr. TP Nchocho, CEO of the IDC, Mr. Samir Cherfan, Stellantis Middle East and Africa Chief Operating Officer, and Mr. Leslie... More
