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Tag Archives: carlos tavares
C’est Fou – Chinese EVs Will Be at 2024 Paris Motor Show
Stellantis today announced it will participate in the 90th edition of the Mondial de l’Auto 2024 (Paris Motor Show) from14 – 20 October with its three traditional brands – Citroën, Peugeot, and Alfa Romeo. More controversial will be the Chinese brand, Leapmotor making its debut at the show.
Leapmotor Founder, Chairman and CEO Zhu Jiangming, together with Stellantis CEO Carlos Tavares, will unveil the all-new B10, a C-segment SUV, expanding its product line-up in Europe’s core segment through this distinctive partnership in the automotive industry. Continue reading
Posted in auto news, concept, economy, electric vehicles, environment, labor issues, milestones, mobility company, new vehicle, news analysis, shows and events
Tagged Alfa Romeo Tonale, Alfa Romeo VELOCE 280CV, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Citroën C3 Aircross, Ken Zino, Leapmotor, Paris Motor Show 2024, Peugeot E-408, X @KenAutoinformed, Zhu Jiangming
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Stellantis to Invest +$406M in Three Michigan Plants for EVs
“Sterling Heights Assembly has performed an incredible transformation in record time and I want to thank our colleagues for this great achievement,” said Stellantis CEO Carlos Tavares. “Gearing up to build our first-ever Ram electric truck and the range-extended version in Michigan is a meaningful moment of pride for our teams. With these investments supporting both Jeep and Ram, we’re adding innovations to our Michigan manufacturing footprint to support a multi-energy approach that is laser-focused on customer demand.” Continue reading
Posted in alternative fuels, auto news, electric vehicles, environment, fuel economy or emissions, global warming, manufacturing, milestones, mobility company, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Dundee Engine Plant, Ken Zino, NYSE: STLA, Sterling Heights Assembly Plant, Warren Truck Assembly Plant, X @KenAutoinformed
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Stellantis Adds Another $55 Million to Archer Aviation
“Few things rival the excitement of seeing a dream take flight. I applaud the innovation, expertise and hard work of the engineering and manufacturing teams from Stellantis and Archer,” said Carlos Tavares, Stellantis CEO. “With this additional investment in Archer, we remain on course for a future where freedom of mobility extends beyond today’s roads.” Continue reading
Posted in aviation, economy, electric vehicles, environment, milestones, mobility company, news analysis, transportation
Tagged Adam Goldstein, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, electric vertical takeoff and landing aircraft, eVTOL aircraft, Ken Zino, NYSE: ACHR, NYSE: STLA
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Stellantis Promise or Puff? – Clean, Safe, Affordable Mobility
No matter how nuanced a view you take, Jeep is central to the plan. The China Leapmotor Strategy is either daft – given the expanding global trade war with China or dictated by reality. Perhaps more significant in this moment, Stellantis re-affirmed its 2024 financial guidance and capital return plan, which promises double-digit Adjusted Operating Income (AOI) margin and positive industrial free cash flows. Stellantis will provide ≥€7.7 billion in dividends and buybacks during 2024. Continue reading
Posted in auto news, electric vehicles, financial results, fuel economy or emissions, global warming, manufacturing, marketing, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Ken Zino, Natalie Knight
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Do Media Have the Electric Vehicle Market Collapse Wrong?
The European Passenger Vehicle (PV) Battery Electric Vehicle market EV market grew ~32% with positive growth in all months except December during 2023. This growth was better than many forecasters indicated at the start of last year (and better than in 2022), with some predicting no growth. BEV sales volume came in at just under 2.1 million units. This is 500,000 more than were sold in 2022.
“It is clear there has been some recent slowdown in the market, but it depends where you look. Some brands are doing considerably better than others, with the likes of MG and Tesla standing out as strong performers in 2023,” the respected consultancy GlobalData said today. Continue reading
Posted in auto news, blog, connected vehicles, economy, electric vehicles, environment, fuel economy or emissions, global warming, news analysis, sales
Tagged Al Bedwell, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BEV market, carlos tavares, European BEV demand and forecasts, EV technology and pricing, GlobalData, Hyundai Casper, Ken Zino, mg, Stellantis, tesla
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Stellantis Posts Record 2023 Results – €18.6B Net
“As we just passed the three-year mark since Stellantis’ inception, I warmly thank our teams who are executing at the highest levels and contributing greatly to our growth story, even in the strongest of headwinds. Today’s record financial results are proof that we have become a new global leader in our industry and will remain rock solid as we look to a turbulent 2024. Thanks to our flexible technology and product roadmap, we are prepared to address the various scenarios that could arise and to continue delivering on our Dare Forward 2030 targets,” said Carlos Tavares, CEO. Continue reading
Posted in alternative fuels, auto news, economy, electric vehicles, engineering, environment, financial results, manufacturing, marketing, milestones, mobility company, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Ken Zino, NYSE: STLA, Stellantis earnings and strategy, STLA platforms
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Stellantis Reveals STLA Large EV Platform
“Our goals for our STLA platforms are ambitious but this is what our customers need from us today,” said Stellantis CEO Carlos Tavares. “Creating a family of vehicles from a well-engineered set of components that is flexible enough to cover multiple vehicle types and propulsions, over-performing any of our current products, will address each of our iconic brands’ customers. The flexibility and agility of this platform is its hallmark and will be a driving force for our success in the shift to electrification in North America.” Continue reading
Posted in alternative fuels, auto news, connected vehicles, design and styling, electric vehicles, electronics, engineering, environment, fuel economy or emissions, global warming, manufacturing, marketing, mobility company, new vehicle, news analysis, shows and events
Tagged 400-volt and 800-volt electric architectures, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Ken Zino, Stellantis, Stellantis Dare Forward 2030 strategic plan, STLA large platform
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Stellantis NA COO Mark Stewart Out. Carlos Zarlenga In
“In the very demanding North American market with many obstacles to overcome in order to foster the performance of the Company, Carlos Zarlenga is the best leader among our talent pool to replace Mark Stewart and to drive the change in our business model towards electrification in the region. Carlos Zarlenga has demonstrated his ability to bring together and unite diverse teams and to deliver the expected results,” said Carlos Tavares, CEO of Stellantis. “I would like to thank Mark Stewart for his contribution to this role after a three-year cycle, corresponding to the date of creation of Stellantis and I wish him the best in his new position.” Continue reading
Stellantis Opens its First Circular Economy Hub in Turin
Stellantis has opened its SUSTAINera Circular Economy Hub (CE Hub) at the former Fiat Mirafiori Complex in Turin, Italy. Stellantis hopes to foster its so-called Circular Economy ambitions with a 360-degree approach based on its 4R strategy: Reman, Repair, Reuse, and Recycle. The objectives of the CE Hub are to extend the life of parts and vehicles, ensuring that they last for as long as possible. When that is no longer possible, the material is collected for recycling from the re-manufacturing operations, and from the end-of-life vehicle dismantling activity, and then returned to the manufacturing loop to build new vehicles and parts. Continue reading
Posted in engineering, environment, global warming, manufacturing, milestones, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, John Elkann, Ken Zino, remanufacturing and recycling, Stellantis Mirafiori Complex, SUSTAINera Circular Economy Hub
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Stellantis and CATL MoU for Lithium Iron Phosphate Batteries
Stellantis and CATL are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions. Stellantis aims to use lithium iron phosphate (LFP) batteries to assist making its Dare Forward 2030 electrification targets. LFP has a long service life and high thermal stability. Continue reading
Posted in electric vehicles, environment, manufacturing, milestones, mobility company, news analysis
Tagged affordable electric vehicles, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, EV battery ‘gold rush’, Ken Zino, LFP EV batteries, Robin Zeng, Stellantis and CATL MoU
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Stellantis (NYSE: STLA) has debuted a new multi-energy Platform: dubbed STLA Frame. Purposely designed for full-size, body-on-frame trucks and SUVs, STLA Frame can use internal combustion, hybrid, hydrogen, battery electric (BEV) and range-extender electric vehicle (REEV) technologies. In short, struggling Stellantis’ future is dependent on this new architecture. (read AutoInformed.com on: Beleaguered Stellantis Cuts 2024 Financial Guidance, and Stellantis Q3 2024 – Shipments and Revenues Plunge)*
“Like STLA Medium and STLA Large, STLA Frame combines an unprecedented range with new levels of capability and performance to offer best-in-class range, payload and towing for our customers who need reliable and powerful trucks and SUVs, to haul their families or power their businesses,” said Stellantis CEO Carlos Tavares. “With full EV and extended-range EV tech coming soon, we’re bringing ‘no compromise’ solutions to buyers who may be hesitant on trying their first electric vehicle. We’re proud of this engineering marvel and look forward to seeing it come to life in our upcoming product blitz on Jeep and Ram.” Continue reading →