Stellantis Implements Multifaceted Semiconductor Strategy to Ensure Supply Security, Drive Innovation
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Official from Stellantis' (STLA) Fiat unit pleads guilts in felony emissions probe
July 20, 2023 1:45 PM EDTAccording to the U.S. Justice Department, an executive from Stellantis-owned Fiat Chryslers U.S. business unit has confessed to a felony charge for conspiring to breach the Clean Air Act.
This plea is a consequence of a prolonged investigation by the department regarding emissions fraud related to diesel engine vehicles. The individual involved,... More
Stellantis (STLA) secures $11.2B in semiconductor chip contracts
July 18, 2023 1:31 PM EDTStellantis (NYSE: STLA) made an announcement Tuesday stating that the Dodge Chrysler-parent has successfully entered into contracts with several semiconductor manufacturers to guarantee the flow of vital chips for electric vehicles and high-performance computing functions. The contracts are worth approximately 10 billion euros ($11.2 billion)... More
