Stellantis (STLA) signs multi-billion euro deal with German rental firm

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Stellantis (STLA) names new North America COO

January 16, 2024 11:24 AM EST

Stellantis (NYSE: STLA) has announced the appointment of Carlos Zarlenga as the new Chief Operating Officer for North America, succeeding Mark Stewart. The carmaker aims to capitalize on "further improvements" in regional performance with this change. The effective date for the new... More

Stellantis signs agreement with rental firm SIXT to deliver 250,000 vehicles

January 16, 2024 8:46 AM EST

(Reuters) -Stellantis NV will sell up to 250,000 vehicles across Europe and North America over the next three years under a multi-billion euro agreement with rental firm SIXT SE, the companies said on Tuesday.

Deliveries for a range of Stellantis' vehicles, from city cars to SUVs to trucks, will... More

Stellantis NV (STLA) PT Raised to $30 at Goldman Sachs

January 16, 2024 5:50 AM EST

Goldman Sachs analyst George Galliers raised the price target on Stellantis NV (NYSE: STLA) to $30.00 (from $27.00) while maintaining a Buy rating.... More

Stellantis (STLA) Appoints Carlos Zarlenga as COO of North America

January 16, 2024 4:52 AM EST

Effective February 1, 2024, Carlos Zarlenga will replace Mark Stewart to leverage further improvements in Stellantis (NYSE: STLA) performance in North America and unleash the iconic American brands portfolio potential in close cooperation with their CEOs.

Carlos Zarlenga is a seasoned... More

Stellantis (STLA) adopts airfreight strategy as Red Sea attacks disrupt supply routs

January 12, 2024 3:03 PM EST

A spokesperson for Fiat-parent Stellantis (NYSE: STLA) announced Friday that the automaker would temporarily utilize airfreight to address supply disruptions arising from changes in international transport routes due to attacks on vessels in the Red Sea.

"Stellantis has taken appropriate measures to... More

Stellantis (STLA) invests in Tiamat for sodium-ion battery tech

January 12, 2024 12:01 PM EST

Detroit-based automaker, Stellantis (NYSE: STLA) announced Friday that the companys corporate venture fund, Stellantis Venture, is participating as a strategic investor in Tiamat.

Tiamat is a France-based battery manufacturer and is currently developing sodium-ion battery technology for commercialization.

Sodium-ion technology provides a more economical cost per kilowatt-hour and eliminates the need for lithium and cobalt. The... More