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Tag Archives: Stellantis
Stellantis, LG Energy JV for North American Battery Production
The batteries produced at the new facility will be supplied to Stellantis assembly plants throughout the US, Canada and Mexico for installation in next-generation electric vehicles ranging from plug-in hybrids to full battery electric vehicles that will be sold under the Stellantis family of brands. Stellantis was created by the merger of Fiat Chrysler , aka FCA, and Peugeot or PSA. Continue reading
Christine Feuell New Chrysler Brand CEO at Stellantis
Stellantis said today that Christine Feuell will join Stellantis as Chrysler Brand CEO on September 13, reporting to CEO Carlos Tavares. Previously Feuell was Chief Commercial Officer at Honeywell Safety and Productivity Solutions (SPS). SPS claims “to provides products, software … Continue reading
Posted in marketing, people
Tagged auto industry commentary, autoinformed.com, carlos tavares, Christine Feuell, Ken Zino, Stellantis
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Stellantis to Buy First Investors Financial Services
This is either an opportunity or survival necessity, depending on your viewpoint. It will allow Stellantis to provide customers and dealers a range of financing options, including retail loans, leases, and floorplan financing in the near term. A so-called “captive U.S. finance company” can provide revenue and marketing incentives in the digital age for customers who purchase Jeep, Ram, Dodge, Chrysler, Fiat and Alfa Romeo vehicles. Continue reading
FIH Mobile, Stellantis JV Begun on Connected Car Technology
Mobile Drive will be equally owned by Stellantis and FIH. The partnership has combined Foxconn’s capabilities in ICT industry and smart solutions, with Stellantis’ expertise in the automotive sector, ensuring the growth of Mobile Drive. Continue reading
Stellantis Ups Electrification Strategy by $35.54 Billion
“The strategy we laid out today focuses the right amount of investment on the right technology to reach the market at the right time, ensuring that Stellantis powers the freedom of movement in the most efficient, affordable and sustainable way,” claimed Carlos Tavares, Chief Executive Officer, Stellantis. Continue reading
Stellantis Reports Legacy FCA, PSA 2020 Financial Results
Nonetheless Stellantis was profitable in 2020 despite COVID-19 with 7.1% Automotive adjusted operating margin at €3.4 billion. Its 9.4% H2 Automotive adjusted operating margin was a record. The net result of group share was €2.2 billion with €2.7 billion Automotive free cash flow and a €13.2 billion Automotive net financial position. Continue reading
Posted in economy, financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, carlos tavares, fca, Ken Zino, Stellantis
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Bye Bye FCA and PSA. Hello Stellantis
The Stellantis name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the Stellantis Group’s basic brands will remain unchanged. What actually happens to the brands is an entirely different matter. Continue reading
Solid State Batteries: Factorial Energy Parade Adds Stellantis
The agreement also includes a strategic investment from Stellantis. Mercedes-Benz also has invested in Factorial in what were in effect concurrent announcements. Stellantis announced in July 2021 its target of having the first competitive solid state battery technology introduced by 2026. Solid-state batteries exist as automotive vaporware currently so all the usual caveats about Forward Looking Statements apply. Continue reading →