Stellantis (STLA) pulls out of L.A. auto show as UAW strikes continue

Stellantis (STLA) to form JV with Orano to recycle EV batteries

Stellantis (NYSE: STLA) announced Tuesday the automakers plans to join with French nuclear fuels firm Orano to recycle used electric vehicle batteries and scrap from factories.

The two companies announced, in a joint statement, the signing of a memorandum of understanding, paving the way for the... More

Morgan Stanley remains Overweight on Stellantis (STLA) as UAW strikes continue to escalate

Morgan Stanley reiterated their overweight rating on Stellantis (NYSE: STLA) with a 12-month price target of EUR20.00 amidst escalating UAW strikes that have persisted for over 5 weeks.

The union further escalated strikes on Monday, calling for an additional 6,800 members to strike at Stellantis' largest assembly plant, pausing production of the automaker's RAM 1500 pickup truck. One of the companys most profitable vehicles. The plant is... More

Stellantis (STLA) unveils full range of renewed electrified vans

Stellantis (NYSE: STLA), Monday, unveiled 12 refreshed and electrified compact, mid-size, and large commercial vans as part of the automakers Pro One strategic offensive.

The vehicles were revealed for the Citroën, FIAT Professional, Opel, Peugeot, and Vauxhall brands.

The updated commercial vehicle series introduces a 2nd generation... More

US EV sales skyrocket in 3Q, China expands reach

According to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.

The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More

Stellantis (STLA) and Dongfeng to expand Chinese auto exports through asset transfer deal

China's Dongfeng Motor Group and Chrysler-parent Stellantis (NYSE: STLA) announced plans Thursday to boost their vehicle and component export operations through an asset sale, aiming to capitalize on the growing Chinese automotive sector.

In line with the asset transfer agreement, Dongfeng, a state-owned enterprise, will acquire land use-rights and buildings in... More

Stellantis (STLA) option implied volatility ticks up amid UAW contract headlines

Stellantis (NYSE: STLA) 30-day option implied volatility is at 34; compared to its 52-week range of compared to its 52-week range of 23 to 423.

British minister ‘optimistic’ on finding solution to EV tariffs

On Wednesday, British Business Secretary Kemi Badenoch expressed strong confidence in finding a resolution for automakers to circumvent imminent tariffs on the trade of electric vehicles (EVs) with the European Union, stating that she was very optimistic about the prospects.

"We're regularly raising this with EU counterparts, and it is just simply the nature of trade negotiations and trade policy," said Badenoch during an even... More