Stellantis Pro One: Commercial Vehicles Reinforced Leadership with Full Line-up Renewal, 2nd Generation Electrification and 100% Connected Vans for Compact, Mid-Size, Large
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Stellantis (STLA) closing in on deal to acquire 20% of China's Leapmotor
October 25, 2023 11:49 AM EDTStellantis (NYSE: STLA) confirmed Wednesday that the automaker was studying closer ties with Chinese carmakers following a Bloomberg report that said the company was nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company, Zhejiang Leapmotor.
Leapmotor and Stellantis are in talks about establishing a... More
Stellantis (STLA) to form JV with Orano to recycle EV batteries
October 24, 2023 10:13 AM EDTStellantis (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
October 24, 2023 9:39 AM EDTMorgan 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
October 23, 2023 12:31 PM EDTStellantis (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
