Stellantis Celebrates Launch of First New Assembly Plant in Detroit in 30 Years With Release of Documentary Film on July 28 What: It takes a village! Just over two years ago, Stellantis made a commitment to Detroit. The promise? To build the first new assembly plant in the city in 30 years, prioritize Detroiters in the… Continue reading @FCA: MEDIA ADVISORY: Stellantis Celebrates Launch of First New Assembly Plant in Detroit in 30 Years
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‘Ferrari has to evolve or it will cease to exist’
Electrification is happening in the car industry – but it remains a bit of a dirty word among true petrolheads. So there will be mixed emotions at the reveal this week of Ferrari’s 296 GTB, a mid-engined supercar that mixes V6 grunt with the ability to go up to 15 miles on electric power alone.… Continue reading ‘Ferrari has to evolve or it will cease to exist’
Ferrari Classiche: restoring Maranello’s classics
A yellow Ferrari 250 LM instantly catches our attention in the showroom-like workspace, a perfect example of the mid-engined racer that scored the firm’s last Le Mans 24 Hours win in 1965. To one side, a Testarossa belonging to Piero Ferrari – son of Enzo – awaits attention. All around sit neatly arranged new parts… Continue reading Ferrari Classiche: restoring Maranello’s classics
From start-up of the Politecnico to protagonist for recharging electric cars: Nhoa promises 35 thousand columns in 10 years
A first international fast charging network for electric vehicles in Europe. This is the proposal that was launched by Carlalberto Guglielminotti (CEO of NHOA, the former Engie Eps born at the Polytechnic of Turin and which today has new resources and new management with the entry of the Asian TCC) together with Roberto Di Stefano… Continue reading From start-up of the Politecnico to protagonist for recharging electric cars: Nhoa promises 35 thousand columns in 10 years
Stellantis opening billions of dollars in new credit lines as chip shortage continues
Stellantis is adding billions of dollars to its available credit, giving itself more of a cushion as the auto industry continues to grapple with a microchip shortage affecting production of new vehicles that does not appear to be letting up. The automaker announced Friday that it had signed a new revolving credit facility of approximately… Continue reading Stellantis opening billions of dollars in new credit lines as chip shortage continues
@Groupe PSA: PR Stellantis announces successful signing of €12 billion syndicated Revolving Credit Facility002161
AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that it has signed a new syndicated revolving credit facility (“RCF”) of €12.0 billion, with a group of 29 relationship banks. This new RCF replaces the existing syndicated RCF’s from the Groupe PSA (€3.0 billion) and FCA Group (€6.25 billion), thereby providing an increase in… Continue reading @Groupe PSA: PR Stellantis announces successful signing of €12 billion syndicated Revolving Credit Facility002161
@Groupe PSA: PR Stellantis Announces Launch of ‘Stellantis Design Studio’002160
Design agency opens up the Stellantis’ design expertise and its iconic brand portfolio Formed to collaborate with global partners on brand and design projects Led by Klaus Busse, Head of Design, and Arnault Gournac, Creative Director AMSTERDAM – Stellantis today announced the creation of ‘Stellantis Design Studio’, a creative agency that will provide global brand… Continue reading @Groupe PSA: PR Stellantis Announces Launch of ‘Stellantis Design Studio’002160
Stellantis CEO on weather events pushing electrification: Our company is ready
The head of the world’s fourth-largest automaker on Wednesday acknowledged that public opinion in the wake of recent devastating floods in Europe and elsewhere is likely to push governments toward stricter regulations on emissions and accelerate the auto industry’s move to electrification. Specifically mentioning flooding that claimed hundreds of lives in Germany, Belgium and Austria in the… Continue reading Stellantis CEO on weather events pushing electrification: Our company is ready
Stellantis has 5 years to absorb 40% EV cost hike, avoid job cuts, CEO says
The maker of Jeep and Ram has five years to absorb the roughly 40% increase in costs that electrified vehicles represent before Stellantis NV could face restructuring and job cuts, CEO Carlos Tavares said Wednesday. Tavares and experts have held that not every automaker will be able to make the historic transformation to electric vehicles… Continue reading Stellantis has 5 years to absorb 40% EV cost hike, avoid job cuts, CEO says
@FCA: Stellanis CEO Continues Tour of North American Plants With Visit to Warren Truck
July 21, 2021 , Auburn Hills, Mich. – Stellantis CEO Carlos Tavares toured the Warren (Mich.) Truck Assembly Plant to meet with employees and get a firsthand look at the operation on July 19, 2021. Since the Stellantis merger in January, Tavares has visited a total of four U.S. plants, including the Detroit Assembly Complex –… Continue reading @FCA: Stellanis CEO Continues Tour of North American Plants With Visit to Warren Truck