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Dutch carmaker Stellantis reported on Thursday higher profit and revenues in its fiscal 2023. Further, Stellantis is proposing to pay a dividend of €1.55 ($1.66) per share, an increase of approximately 16% compared to the prior year. The record date is April 23 and payment date is May 3. Stellantis will also execute a 2024 open-market share buyback program of €3 billion, which includes €0.5 billion of shares repurchased to service share-based compensation and employee share purchase, in 2024. Lo

Dutch auto manufacturer Stellantis on Tuesday announced the launch of a virtual cockpit platform to enable the delivery of infotainment tech to customers that is expected to be 100 times faster than previous processes. The new platform uses the QNX Hypervisor from Canadian software company BlackBerry and is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools. Using the new technology, Stellantis can now create realistic virtual versions of car

FCA-Groupe PSA officially begin operations as Stellantis Tuhin Guha Updated: January 19, 2021, 11:18 PM IST FCA and Groupe PSA have officially begun functions under Stellantis, the Dutch-based entity formed after the merger of the two carmakers. Stellantis is the world's fourth-largest carmaker after the Volkswagen Group, Toyota and the Renault-Nissan-Mitsubishi Alliance, valued at USD 52 billion. Stellantis says that it begins operations on a strong financial footing, which the ...