JeepĀ® Brand Provides a Glimpse of Its Advanced AI and Autonomous Off-Road Driving Technology

Go back to JeepĀ® Brand Provides a Glimpse of Its Advanced AI and Autonomous Off-Road Driving Technology

Stellantis (STLA) and General Motors (GM) hit with $363M in penalties for fuel economy violations

June 2, 2023 11:44 AM EDT

An exclusive story by Reuters on Friday revealed that Stellantis (NYSE: STLA) and General Motors (NYSE: GM) have paid a combined sum of $363 million in civil penalties. These penalties were imposed due to their failure to meet the fuel economy standards set by the United States for previous model years.

According to the National Highway Traffic Safety Administration (NHTSA), which administers the Corporate Average Fuel Economy (CAFE) program, the record-setting penalties include... More

Stellantis (STLA) does not need Italy as a shareholder, says Chairman Elkann

June 1, 2023 1:31 PM EDT

On Thursday, John Elkann, the Chairman of Stellantis (NYSE: STLA), responded to business lobbyists' calls for Italy to invest directly in the company. Elkann made it clear that Stellantis is doing well and doesn't need the Italian government to become a shareholder.

"I... More

Stellantis (STLA) will invest $176M in Rennes Plant for electric SUV launch

June 1, 2023 11:19 AM EDT

Chrysler, Dodge parent company, Stellantis (NYSE: STLA) revealed on Thursday that the Franco-Italian-American car manufacturer will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact Sports Utility Vehicle (SUV) in 2025.

The automaker said in a... More

Stellantis (STLA) partners with Vulcan Energy for geothermal projects in France

May 31, 2023 8:20 AM EDT

On Wednesday, Stellantis (NYSE: STLAM) and Vulcan Energy Resources, a lithium supplier listed in Australia, announced a new partnership with the objective to help the decarbonization of Stellantis' operations in Europe.

In a joint statement, the two companies announced that the binding agreement covers the first phase of a project to develop new geothermal sources contributing to the energy... More