Stellantis

(Reuters) - Stellantis said on Monday it has begun searching for a candidate to succeed Chief Executive Carlos Tavares, whose contract is due to expire in 2026. However, the automaker added that there is still a possibility that Tavares…

jetcityimage/iStock Editorial via Getty Images Stellantis'NYSE: STLAThe U.S. auto dealer network has criticized CEO Carlos Tavares for the “rapid decline” of its brands, accusing him of “short-term decisions” that have increased profits…

By Giulio Piovaccari, Gilles Guillaume and Nora Eckert DETROIT (Reuters) - Stellantis Chief Executive Carlos Tavares has begun a three-day visit to Detroit where he will seek to develop a strategy to overhaul the European automaker's…

MILAN (Reuters) - Automaker Stellantis will sell a majority stake in its robotics unit Comao to OneEquity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Comao's expansion beyond the automotive…

The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis' Exor NV now owns 17.51%…

MILAN (Reuters) - Fiat owner Stellantis (NYSE:) is expected to announce on Monday a hybrid version of its 500e small electric car that will be produced at its Mirafiori plant in Italy, two sources familiar with the matter said, confirming…

Shares of Stellantis (NYSE:) fell over 2% on Tuesday after JPMorgan said it sees the company's revenues down 10% year-over-year (YoY) in the first quarter. In its first glance at Stellantis's Q1, the investment bank added that they also see…

In the highly competitive automotive industry, Stellantis N.V. (EXCHANGE:NYSE:), known for its Ram pickups and Jeep SUVs, has become a major player with global scale, selling over 6 million units annually. With a diverse portfolio that…

© Reuters. NEW YORK - Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, has announced an expanded multi-year agreement with Stellantis (NYSE:) to manage and operate select business operations. The services…

One major problem for automakers as they transition to electric vehicles is that traditional cars still generally cost less. That matters to everyday car shoppers trying to make ends meet. In China, however, EVs are actually more…