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Stellantis could build Leapmotor EVs in Europe, North America, CEO Tavares says

Automotive Industry Automotive News Europe - 2024-02-20

If Western governments block Chinese exports, Stellantis has the opportunity to build Leapmotor cars "inside the bubble," Carlos Tavares said. …

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Japanese automakers forge ahead with EV investments despite slowdown

Automotive Industry Automotive News Europe - 2024-02-19

Japan’s automakers are maintaining their investments in electric vehicles despite cooling sales. …

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Italy stake in Stellantis not on agenda for now, minister says

Automotive Industry Reuters - 2024-02-16

The Italian government buying a stake in Fiat-parent Stellantis is not on the cards, but could be if the automaker requested it, industry minister Adolfo Urso said on Friday. …

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Renault says bigger is not better as Stellantis stokes M&A talk

Automotive Industry Automotive News Europe - 2024-02-16

Bigger is not necessarily better in the auto industry, Renault CEO Luca de Meo said, putting the automaker at odds with his rival Stellantis on the subject of industry consolidation. …

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Tavares says Italy plants have a future; warns on Chinese rivals

Automotive Industry Automotive News Europe - 2024-02-15

Stellantis CEO Carlos Tavares said the company will need all of its Italian factories to hit its long-term production goal there, in conciliatory remarks that may ease tensions between the automaker and Rome. …

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Mercedes-Benz sells stake in Russian truckmaker Kamaz

Automotive Industry Reuters - 2024-02-15

Mercedes-Benz Group on Thursday 15 January said it had sold its stake in Russian truckmaker Kamaz in a transaction that was completed this month after securing all necessary regulatory approvals. …

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Exclusive: Russians use Chinese partner to produce Citroen cars at idled Stellantis plant

Automotive Industry Reuters - 2024-02-15

Carmaker Stellantis halted production in Russia in April 2022. …

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Stellantis, Renault race to cut costs to make EVs more affordable

Automotive Industry Automotive News Europe - 2024-02-15

Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models. …

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Italy working to bring in another carmaker besides Stellantis

Automotive Industry Automotive News Europe - 2024-02-14

Italy has been working for months to attract another automaker to the country alongside Fiat-owner Stellantis, Industry Minister Adolfo Urso said on Wednesday 14 January . …

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Continental to cut 7,150 jobs in savings push at auto unit

Automotive Industry Automotive News Europe - 2024-02-14

Continental is cutting around 7,150 positions in its struggling auto unit to make the business more competitive for the complex shift to electric vehicles and digital offerings. …

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