Eleventh Annual Drive for Design Contest Challenges High School Students to Create Electrified Ram Truck of the Future
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VW aiming for 3M small EVs produced in Spain between 2025-2030
March 22, 2023 8:48 AM EDTWayne Griffiths, the chairman of Volkswagen's Spanish unit SEAT, said on Wednesday that the German carmaker plans to produce 3 million small electric vehicles at its two plants in Spain between 2025 and 2030.
Griffiths said in a news conference that SEAT aims to assemble 500,000 electric cars a year in the... More
Stellantis (STLA) and Credit Agricole sign agreement to acquire activities of ALD and LeasePlan
March 22, 2023 8:26 AM EDTStellantis (NYSE: STLA) and Crédit Agricole Consumer Finance announced Wednesday that they have entered into a binding agreement for the acquisition of ALD and LeasePlans activities in Portugal and Luxembourg, respectively, following ALDs proposed acquisition of 100% of LeasePlan announced in January 2022.
The announcement follows the partnership agreements between Stellantis and Crédit Agricole Consumer Finance announced in... More
Stellantis (STLA) to invest €130M in German assembly plant
March 22, 2023 8:14 AM EDTStellantis (NYSE: STLA) announced Wednesday that the American automaker will invest over 130 million in the Eisenach Assembly Plant in Germany to add production of the BEV successor vehicle to the Opel Grandland compact SUV currently built at the location. The new vehicle will be built on the all-new STLA Medium platform. Production of the new BEV is scheduled to begin in the second half of 2024.
Eisenach, our most compact plant in Germany, has demonstrated a strong drive in quality improvements, said Arnaud Deboeuf,... More
