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In the most recent trading session, Stellantis (STLA) closed at $26.92, indicating a +1.05% shift from the previous trading day.
Global battery electric vehicle (BEV) sales are struggling for traction this year, but it's looking particularly gloomy in Europe, where Bank of America has cut its outlook.
Production of passenger cars and vans at Stellantis' Italian plants fell 9.8% year-on-year in the first three months of this year to 170,415 units, the FIM-CISL union said on Friday.
The automotive industry will have to reduce the weight of EV batteries by 50% in the next 10 years to make electrification environmentally meaningful, the head of Stellantis said on Wednesday.
In the most recent trading session, Stellantis (STLA) closed at $28.24, indicating a -0.21% shift from the previous trading day.
The U.S. Office of Defect Investigations (ODI) has opened a preliminary evaluation of a failure of the K1 snap ring in Chrysler-parent Stellantis' year 2022 RAM 3500, 4500, and 5500 trucks, the National Highway Traffic Safety Administration said on Friday.
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Stellantis , the maker of Fiat cars, on Wednesday signed further deals with unions in Italy for voluntary lay-offs, meaning the automaker could cut its workforce by a total of over 3,000 roles in the country.
In the wake of the Baltimore Bridge collapse, automakers face renewed supply chain disruptions, compelling them to refine strategies for rerouting and contingency plans.
Russian company Automotive Technologies on Wednesday said it had started assembling Citroen C5 Aircross models in batches at a plant south of Moscow formerly owned by Stellantis , with the cars set to be sold in dealerships from May.