Europe needs small and affordable cars like Japan's so-called 'kei cars', Stellantis Chairman John Elkann said on Thursday, as high prices, which he blamed on regulation in the region, weigh on consumer demand.
Stellantis is currently unaffected by supply bottlenecks for rare earths from China, but the automaker had past difficulties in managing the situation, the head of its European operations said on Thursday.
Stellantis has expanded its voluntary redundancy scheme for Italy, affecting almost 700 workers at two plants in the south of the country, and bringing to almost 2,500 the planned workforce reduction this year, the carmaker said late on Tuesday.
Stellantis has started a voluntary redundancy plan for 610 workers at its Mirafori plant in Turin, Italy, after introducing the scheme at other Italian facilities, the automaker said on Monday.
AUBURN HILLS, Mich. , June 8, 2025 /PRNewswire/ -- Ram returns to the NASCAR CRAFTSMAN Truck Series in 2026, after a 13-year break, as part of a powerful product launch cadence — 25 announcements in 18 months Drive to NASCAR begins with a high-octane reveal of a new Ram 1500 concept race truck at Michigan International Speedway that includes a wild donut trailer Ram brand celebrates the HEMI® V...
Shares of Stellantis (STLA 2.12%) have been consistent; unfortunately, over the past year the shares have consistently declined -- shedding roughly 56% of their value. The automaker's former CEO Carlos Tavares was clashing with the board of directors, and dealers were frustrated and struggling to move inventory.
Italy's largest automotive groups, led by Stellantis , and unions on Friday signed an agreement for an overall 6.6% salary increase over the 2025-2026 period for their workers in Italy, further helping them cover the inflation peak in recent years.
Chrysler Turns 100! Chrysler Brand Shares 1,500-plus 100th Birthday Group Photo Honoring Employees, Announces Century of Innovation Summer Celebration Events As It Looks to Next 100 Years
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