Stellantis

Stellantis-owned Maserati has cancelled plans for an electric version of its MC20 sports car because of expected poor demand, the struggling luxury carmaker said on Tuesday.The MC 20 Folgore had been due to debut this year....

Chrysler parent Stellantis is recalling 63,082 crossover SUV’s in the United States over concerns of loss of drive power due to a power transfer unit issue, the National Highway Traffic Safety Administration said on Wednesday. The...

Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares. “No employees will be...

European auto giant Stellantis said Thursday it would lay off 1,100 workers at its Jeep factory in Toledo, Ohio, in an effort to “regain its competitive edge” as it struggles with falling sales. Stellantis, a 14-brand...

Automaker Stellantis’ output in Italy is set to drop below 500,000 vehicles this year from 751,000 in 2023, the FIM-CISL union said on Wednesday, citing persistently soft market demand, especially for electric vehicles. The projection signals...

Chrysler-parent Stellantis is seeking to strengthen its positioning in North America by slashing its bloated inventories and cutting vehicle prices, the group’s finance chief said on Monday. The automaker is aiming to cut 100,000 vehicles from...

The United Auto Workers union is eying multiple U.S. strikes against French-Italian carmaker Stellantis about a year after a national walkout cost the Detroit Three automakers billions of dollars and idled 50,000 workers. Accusing Stellantis of...

Stellantis said on Wednesday it would invest more than $406 million in three facilities in Michigan to develop a platform that can be shared for both electric and hybrid vehicles. One of the facilities, the Sterling...

Stellantis will slow down operations at its Mirafiori plant, in Turin, this month and next in response to weak market demand for its fully-electric Fiat 500 small car and Maserati models, a spokesman for the automaker...

Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans, responding to press speculation about a possible French-led tie-up with rival Renault. Elkann said that the Peugeot owner, the world’s third largest carmaker by...