Stellantis (STLA) and Saft unveil new, more efficient battery prototype
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Stellantis (STLA) partners with Samsung to build second U.S. EV battery plant
July 24, 2023 7:42 AM EDTJeep-parent Stellantis (NYSE: STLA) announced Monday it will partner with Koreas Samsung SDI to build a second electric vehicle battery plant in the United States.
The companies have announced that they are currently evaluating the location for their new plant. According to their news release, they have already entered into a memorandum of understanding; however, the finalization of the transaction is contingent upon... More
Stellantis' (STLA) Fiat Chrysler unit loses bid to stop sale of Mahindra's Jeep lookalike in U.S.
July 21, 2023 2:48 PM EDTIn a recent development, Stellantis-owned Fiat Chrysler suffered a setback in its attempt to prevent Mahindra & Mahindra from selling the revamped Roxor off-road vehicle in the U.S.
Fiat Chrysler had alleged that the Indian automaker copied the design of its Jeep, but the Eastern District Court of... More
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
Europe June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg
July 19, 2023 5:43 AM EDTEurope June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg
... More