AMSTERDAM – Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Share Buyback Program (or the “Program”) announced on February 15, 2024, covering up to €3 billion (total purchase price excluding ancillary costs) to be executed in the open market, Stellantis has signed a share buyback agreement for the third tranche of… Continue reading @Groupe PSA: PR Stellantis Announces Launch of Third Tranche of Its 2024 Share Buyback Program007679
Author: PSA Official News
@Groupe PSA: PR Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month007678
AMSTERDAM – Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles – C10 SUVs and T03 cars – from Shanghai, China, to European ports this month, marking a significant milestone in the partnership and demonstrating the shared commitment to quickly providing sustainable mobility and innovation to… Continue reading @Groupe PSA: PR Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month007678
@Groupe PSA: PR Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa007677
AMSTERDAM – In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. The impressive results underscore Stellantis Pro One’s robust presence in global markets, aligning with the Company’s ambitious Dare Forward 2030 strategic targets. “Today’s… Continue reading @Groupe PSA: PR Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa007677
@Groupe PSA: PR One Equity Partners Invests in Comau to Foster Greater Growth in the Italian Industrial Automation Leader007676
AMSTERDAM – Stellantis N.V., one of the world’s largest automakers and mobility providers, and One Equity Partners (“OEP”), a middle market private equity firm, today announced that OEP has signed a binding agreement to make a majority investment in Comau S.p.A. (“Comau”), a global technology company specializing in industrial automation and advanced robotics. The spinoff… Continue reading @Groupe PSA: PR One Equity Partners Invests in Comau to Foster Greater Growth in the Italian Industrial Automation Leader007676
@Groupe PSA: PR First Half 2024 Results007675
AMSTERDAM – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI(1) of €8.5 billion represented a 10% AOI margin(2), and Adjusted diluted EPS(5) decreased 35% y-o-y. Lower financial performance in the first half of 2024… Continue reading @Groupe PSA: PR First Half 2024 Results007675
@Groupe PSA: PR Stellantis Announces Successful Amendment and Maturity Extension of €12 Billion Syndicated Revolving Credit Facility007674
AMSTERDAM – Stellantis N.V. announced today that it has successfully extended the maturity and amended its syndicated revolving credit facility (“RCF”) of €12.0 billion, originally signed in July 2021. The syndicated credit facility includes a broad-based group of 29 banks from Europe, America and Asia. The RCF is structured in two tranches: €6.0 billion, with a… Continue reading @Groupe PSA: PR Stellantis Announces Successful Amendment and Maturity Extension of €12 Billion Syndicated Revolving Credit Facility007674
@Groupe PSA: PR 2024 Venture Awards Celebrate Startups Partnering with Stellantis to Enhance Customer Experience007673
AMSTERDAM – In a celebration of innovation and successful collaborations, Stellantis N.V. has honored seven top-performing technology startups with the third annual Stellantis Venture Awards. These awards highlight Stellantis’ commitment to delivering customer-centric technology and features, driving the Dare Forward 2030 vision of clean, safe and affordable mobility. “We are dedicated to creating technologies that… Continue reading @Groupe PSA: PR 2024 Venture Awards Celebrate Startups Partnering with Stellantis to Enhance Customer Experience007673
@Groupe PSA: PR MEDIA ADVISORY: Update – Stellantis Will Post First Half 2024 Results at 7:30 a.m. CEST / 1:30 a.m. EDT on July 25007672
AMSTERDAM – Stellantis N.V. announced today that its First Half 2024 Results and presentation material will be posted under the Investors section of the Company’s corporate website (www.stellantis.com) at approximately 7:30 a.m. CEST / 1:30 a.m. EDT on Thursday, July 25, 2024. The live webcast and conference call of the First Half 2024 Results will… Continue reading @Groupe PSA: PR MEDIA ADVISORY: Update – Stellantis Will Post First Half 2024 Results at 7:30 a.m. CEST / 1:30 a.m. EDT on July 25007672
@Groupe PSA: PR Stellantis Extends Benchmark Hybrid Powertrain to More Nameplates to Satisfy European Customer Demand007671
AMSTERDAM – Leveraging its unique multi-energy approach, Stellantis is swiftly reacting to the quick ramp-up of customer orders in Europe for hybrid models, especially those with the newest eDCT advanced hybrid technology. The Company will offer 30 hybrid models this year and plans to introduce six more through 2026. Hybrid variants deliver exceptional driving experience… Continue reading @Groupe PSA: PR Stellantis Extends Benchmark Hybrid Powertrain to More Nameplates to Satisfy European Customer Demand007671
@Groupe PSA: PR Stellantis Joins with France’s CEA to Pursue Next-Generation Battery Cell Technology007670
AMSTERDAM – Stellantis and CEA, one of the world’s most innovative research institutions, today announced a new, five-year collaboration that targets in-house design of next-generation battery cells for electric vehicles. This joint research program includes designing advanced technology cells with higher performance, a longer lifespan and a lower carbon footprint at competitive costs, which can lead… Continue reading @Groupe PSA: PR Stellantis Joins with France’s CEA to Pursue Next-Generation Battery Cell Technology007670