Tag Archives: Stellantis

Stellantis, LG Energy JV for North American Battery Production

Posted on 18 October 2021 by Ken Zino

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 →

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Christine Feuell New Chrysler Brand CEO at Stellantis

Posted on 7 September 2021 by Ken Zino

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 →

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Stellantis to Buy First Investors Financial Services

Posted on 1 September 2021 by Ken Zino

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 →

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FIH Mobile, Stellantis JV Begun on Connected Car Technology

Posted on 24 August 2021 by Ken Zino

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 →

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Stellantis Ups Electrification Strategy by $35.54 Billion

Posted on 8 July 2021 by Ken Zino

“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 →

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Stellantis Reports Legacy FCA, PSA 2020 Financial Results

Posted on 5 March 2021 by Ken Zino

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 →

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Bye Bye FCA and PSA. Hello Stellantis

Posted on 20 July 2020 by Ken Zino

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 →

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