Stellantis, the giant auto company, may invest billions of dollars in EV manufacturing facilities in Mexico. The company may renovate a plant where it will produce hybrid and purely electric vehicles, as reported by Teslarati. The […]
Stellantis continued its momentum in 2021 by posting some impressive adjusted operating income for the first half of 2022. The company noted that in North America, they posted an 18.1 per cent margin. This is […]
A few hours after announcing record profit margins, Stallantis confirmed that the company expects to announce job cuts at the Windsor and Brampton Assembly Plants in the coming months. The company is cutting jobs to […]
After announcing a major Canadian investment last month, Stellantis has revealed details of what it intends to do with two of its facilities in Windsor and Brampton, Ontario. The automaker will retool the Windsor plant […]
Carlos Tavares, Stellantis CEO, stated he expects that a shortage of EV batteries and raw materials will be the norm in the coming years. He expects a shortage of EV batteries by 2024/2025 and raw […]
Stellantis has announced plans to invest $2.5 billion to build their first electric vehicle (EV) battery plant in the United States in Indiana. The automaker will partner with Samsung SDI on the project. The two […]
Stellantis announced they are investing $3.6 billion into its Ontario plants in Windsor and Brampton. As well, the company will expand its Automotive Research and Development Centre. The investment will ensure Stellantis can do the […]
Fiat is getting ready to launch one of the company’s most significant overhauls in its illustrious history. The company is launching four new models in Europe in the next few years which include electric drivetrains. […]
On Wednesday, the Biden Administration confirmed that senior officials met with multiple auto executives. As per a statement, the meeting discussed electric vehicles and charging. Details were not plenty, but the Administration noted in a […]
The U.S. National Highway Traffic Safety Administration (NHTSA) has reinstated higher penalties for automakers that fail to meet fuel efficiency requirements. The agency announced the change on Sunday, which reverses a decision of the Trump […]
