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

Stellantis (STLA) in talks to build future EVs in Spain

March 13, 2023 2:24 PM EDT

Spanish newspaper, Cinco Dias reports Monday that American auto maker, Stellantis (NYSE: STLA) is in talks with the Spanish government regarding the production of small electric vehicles in the country.

The report, citing unidentified sources at the Industry Ministry and the carmaker, reports that the... More

Stellantis to make fully electric cars at Cassino plant in Italy

March 9, 2023 8:17 AM EST

MILAN (Reuters) - Stellantis said on Thursday it 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.

Formed in 2021 through the merger of Fiat Chrysler and Peugeot maker PSA, Stellantis has... More

Stellantis agrees to build first plant in South Africa

March 8, 2023 12:21 PM EST

PARIS (Reuters) - Stellantis said on Wednesday it had reached a preliminary agreement with South African authorities to build a production site, its first in the country, by the end of 2025.

Under the deal, the new plant will be set up in one of South Africa's special economic zones, the Franco-Italian carmaker and local... More

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

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

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