Stellantis (STLA) signs agreement to build vehicles in South Africa

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Go back to Stellantis (STLA) signs agreement to build vehicles in South Africa

Stellantis (STLA) to build EVs at Cassino plant in Italy

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

Stellantis (STLA), South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

March 8, 2023 8:26 AM EST

Stellantis and the South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

Stellantis signs 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 AfricaCements the Regions Dare Forward 2030 ambition to sell one million vehicles by 2030 with 70% regional production autonomyStrengthens position in South African market with manufacturing project to be completed by 2025... More

Stellantis NV (STLA:IM) (STLA) PT Raised to EUR21 at Berenberg

March 6, 2023 5:02 AM EST

Berenberg analyst Adrian Yanoshik raised the price target on Stellantis NV (STLA:IM) (NYSE: STLA) to EUR21.00 (from EUR18.00) while maintaining a Buy rating.... More