China’s BYD Co. reportedly is hiring the former U.K. chief of Stellantis NV as the EV maker builds a team of European executives to lead its expansion in the region.
October 29, 2024Stellantis News Updates
BYD Reportedly Hires Another Stellantis Executive
Stellantis Sees Ram Sales Rebound as Inventories Shrink
Ram brand sales are up 35% to 40% so far in October, Ram and Chrysler CEO Chris Feuell said at a Reuters automotive conference in Detroit Oct. 22.
October 22, 2024Tavares Addresses Stellantis’ Sales Drop, Management Shakeup
Stellantis, formed from the 2021 merger of France’s PSA Peugeot and Fiat Chrysler Automobiles, has faced challenges this year in both Europe and the U.S.
October 14, 2024Renault, Stellantis See EV Sales Bounce Back on Lower Prices
Demand for electric vehicles is showing signs of recovering as prices for plug-in models are coming down, according to Stellantis NV and Renault SA.
October 14, 2024Stellantis, Seeking to Revive Sales, Makes Leadership Changes
Stellantis announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement as it struggles to revive sales in North America.
October 11, 2024Stellantis Targets Management Changes After Profit Warning
Stellantis CEO Carlos Tavares may present his proposal at a board of directors meeting in the U.S. this week, said the people, who asked not to be identified discussing confidential information.
October 9, 2024Stellantis Sues UAW to Stop Strike Over Stalled Plant Funding
Stellantis NV is suing the United Auto Workers to prevent a possible strike stemming from a dispute about promised investments at its U.S. assembly plants.
October 4, 2024Stellantis CEO Mulls Exiting After Contract Ends in 2026
In his first public comments since Stellantis confirmed it had started searching for his successor, CEO Carlos Tavares signaled he’s open to leaving the automaker just over a year from now.
October 3, 2024Stellantis’ US Sales Plunge in Sign of Deepening Strains
Stellantis NV’s U.S. sales plunged 20% last quarter as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.
October 2, 2024Stellantis Recalls 200,000 Plug-in Jeeps Over Fire Risk
This recall is the latest setback for Stellantis, which has been grappling with declining sales, a falling stock price and unrest among dealers and unions.
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