Latest news and articles about Stellantis from NEX English
Stellantis CEO, Antonio Filosa, announced a new restructuring plan aimed at improving the company's financial performance following a 30% drop in stock prices since he took office. The plan will be presented during the Financial Markets Day at the company's North American headquarters.
Stellantis CEO, Antonio Filosa, announced new opportunities to expand the company's partnerships in North America, including the potential production of Chinese-branded vehicles in Mexico and Canada, but not in the United States.
Stellantis has announced a collaboration with Chinese company Leapmotor to produce affordable electric vehicles at its Spanish factories. This decision comes amid declining demand for current production.
Chinese luxury car manufacturer Hongqi aims to acquire the Stellantis factory in Spain as part of its strategy to expand in the European market. This move comes amid significant transformations in the automotive industry.
Stellantis has announced the recall of over <strong>44,000 vehicles</strong> in the UK due to a potential fire risk in their light hybrid engines. The repair is free and takes about 30 minutes.