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Stellantis, the maker of Jeep and Citroen brands, plans to make India an EV export hub

Stellantis India CEO & MD Aditya Jairaj told PTI that the company will be the first multinational OEM in India to achieve this feat (to export EVs). Stellantis, which was formed after the merger of Italian-American conglomerate Fiat Chrysler Automobiles and French PSA Group, currently sells its Jeep and Citroen brands in India.
United States Aditya Jairaj Southeast Asian Fiat Chrysler Automobiles Southeast Asia Electric Vehicle

Janiczek Wealth Management LLC Has $648,000 Stake in Stellantis (NYSE:STLA)

Janiczek Wealth Management LLC grew its holdings in Stellantis (NYSE:STLA – Free Report) by 20.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,781 shares of the company’s stock after acquiring an additional 4,772 shares during the quarter. Janiczek Wealth Management LLC’s […]
United States Redburn Atlantic Piper Sandler Financial Services Group Inc Raymond James Financial Services Advisors Inc Us Bancorp

Stellantis (NYSE:STLA) Given New $30.40 Price Target at Morgan Stanley

Stellantis (NYSE:STLA – Get Free Report) had its price objective increased by stock analysts at Morgan Stanley from $26.00 to $30.40 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 12.78% […]
United States Redburn Atlantic Banque Cantonale Vaudoise Gunderson Capital Management Inc Securities Exchange Commission Morgan Stanley

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Italy government chides Stellantis over Polish-made Alfa Romeo 'Milano'

Italy's industry minister criticised Stellantis on Thursday for producing Alfa Romeo's first fully electric vehicle (EV) abroad, saying the automaker's decision violated Italian law. Stellantis-owned Alfa Romeo, a brand steeped in Italian automotive history, unveiled on Wednesday its new Milano small SUV, named after the iconic northern Italian city of Milan, where Alfa Romeo was founded in 1910. The car is being built at the Tychy plant in Poland, and is the first Alfa Romeo mo...
Giorgia Meloni Carlos Tavares Alvise Armellini Adolfo Urso Gianluca Semeraro Alfa Romeo
Source: yahoo.com

Stellantis to extend production of ICE Fiat Panda city car to 2030, CEO days

Stellantis Chief Executive Carlos Tavares said on Wednesday the automaker would extend the production of its best-selling Fiat Panda petrol city car to 2030, in a bid to bring affordability to clients. The internal combustion engine version of the Panda, which is produced in Pomigliano d'Arco near Naples, was scheduled to be phased out in 2027, while a brand new, electrified version of the vehicle is expected to be launched later this year.
Alvise Armellini Carlos Tavares Chief Executive Carlos Tavares Fiat Panda Giulio Piovaccari Fiat Panda
Source: yahoo.com

Carmakers admit electric vehicles aren't the solution for everybody

As more electric vehicles (EVs) are being launched in South Africa, global sales of battery-powered cars have slowed, including in markets where they formerly seemed on a fast track to overtake internal combustion engine vehicles in the near future.
South Africa Carlos Tavares Roberto Schaeffer Freedom Of Mobility Forum Federal University Of Rio De Janeiro Eastern Cape

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