Stellantis May Kill Brands Struggling to Turn a Profit, CEO Says
WEBJul 26, 2024 · Stellantis, which includes brands such as Dodge, Fiat, Jeep, Maserati, and Ram, may become more aggressive about axing ones that don't turn a profit.
Stellantis ready to axe brands and fix US problems, CEO says
WEBMILAN, July 25 (Reuters) - Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio,...
CEO: Stellantis has achieved $9 billion in cost reductions ...
WEBJun 13, 2024 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales...
Stellantis to lay off up to 2,450 factory workers as ... - CNN
WEBAug 9, 2024 · Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.
Stellantis to offer broad buyouts to U.S. salaried workers ...
WEBJul 30, 2024 · DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.
Stellantis News - Automotive News
WEBStellantis, UAW back at odds over future of idled Belvidere plant. The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly...
Press Releases - Stellantis
WEBStellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory; October 11, 2023; Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence; October 9, 2023; MEDIA ADVISORY: Stellantis to Present Commercial Vehicles Strategy and New Global Van …
UAW Moves Toward Stellantis Strike as Tensions Escalate - MSN
WEBAt the time, Stellantis also said it would build a $3.2 billion battery plant in Illinois with a still-to-be-determined partner that would employ 1,300 people when it opens in 2028.
Stellantis Intensifies Electrification While Targeting ...
WEBJul 8, 2021 · Plans to invest more than €30 billion through 2025 in electrification and software, while continuing to be the automotive efficiency frontrunner, with investment efficiency 30 percent better than industry average. Targeting over 70 percent of sales in Europe and over 40 percent in the United States to be low emission vehicle (LEV) by 2030.
All-new, All-electric 2025 Ram 1500 REV Unveiled ... - Stellantis
WEBApr 5, 2023 · The 2025 Ram 1500 REV will offer customers two all-electric options including a standard 168 kilowatt-hour battery pack with a targeted range of up to 350 miles and an optional 229 kilowatt-hour large battery pack with a …