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Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.

FRANKFURT, Germany — Automaker Stellantis said Feb. 23 that it made 13.4 billion euros ($15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group and would pay out record profit-sharing checks to unionized U.S. workers.

The maker of Jeep SUVs and Ram pickup trucks says it has completed installation of the missing ducting for some paint emissions at its Warren Truck Assembly Plant more than two weeks ahead of schedule.

Amazon.com Inc. is partnering with Stellantis NV to develop software with the carmaker and agreed to buy a new electric delivery van.

MILAN — Carmaker Stellantis announced a strategy Dec. 7 to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030.

For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company.

Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.

MILAN — PSA Peugeot’s takeover of Fiat Chrysler to form the world’s fourth-largest carmaker has had its first executive casualty, with former Fiat Chrysler CEO Mike Manley stepping down from his role as head of the Americas.

DETROIT — Stellantis is recalling more than 266,000 pickup trucks mainly in North America because the side air bags can explode without warning and hurl shrapnel into the cabin.

Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.