Stellantis’ China JV GAC-FCA To File For Bankruptcy
The joint venture between automobile companies Stellantis NV (NYSE:STLA) and Guangzhou Automobile Group Co (GAC) in China is expected to file for bankruptcy. The…
Stellantis Announced Sunday GAC-FCA Joint Venture to File for Bankruptcy
The shareholders of the GAC-FCA Joint Venture, Guangzhou Automobile Group Co., Ltd. and Stellantis N.V., have approved a resolution authorizing the Joint Venture to file for bankruptcy, in a loss-making context. Stellantis fully impaired the value of its investment in the GAC-FCA JV and other related assets in its first half 2022 financial results.
Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis
Magna's 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo
Production taking place in Magna's Slovakia facility
Agreement includes additional
Reuters Report Said Automakers Plan to Build 54M EVs in 2030; Automakers Plan to Spend $1.2T Through 2030 on EVs, Batteries
https://www.reuters.com/technology/exclusive-automakers-double-spending-evs-batteries-12-trillion-by-2030-2022-10-21/
Stellantis 2022 Italy Production To Drop For The Fifth Year: Report
Stellantis NV (NYSE: STLA) vehicle production in Italy is likely to fall for a fifth consecutive year, the FIM-CISL union said.
Stellantis Unit FCA Pays $5.6M To Resolve California Investigation Into Air Quality Violations
-Reuters Citing Air Rescoures Board
Stellantis Inks Deal For Fiat Vehicle Production In Algeria
Stellantis NV (NYSE:STLA) has signed a framework agreement with the Algerian Ministry of Industry. The agreement covers a project to develop…
Stellantis Inks Deal For EV Battery Production
Stellantis N.V. (NYSE:STLA) and GME Resources Ltd (OTC:GMRSF) forged an agreement for the future sale of quantities of battery-grade nickel and…