Stellantis
Facing Profit Decline, Stellantis Considers Shutting Down or Selling Unprofitable Brands
July 29, 2024 – Following a significant drop in profits during the first half of this year, Stellantis CEO Carlos Tavares has indicated a possible sale of the company’s underperforming brands. In an interview on the 26th, as reported by Autocar, Tavares warned, “If they are not profitable, we will shut them down. We cannot…
Stellantis CEO: We’re Ready to Take on Chinese Electric Vehicles in Europe
July 26, 2024 – Stellantis, the automotive giant, has declared its commitment to tackling the formidable impact of Chinese electric vehicles (EVs) on the European market. At the opening ceremony of a new electric vehicle production line in Serbia, CEO Carlos Tavares stated, “We are poised to face the fierce challenge posed by Chinese automakers…
Stellantis Ramps Up European Hybrid Push with 30 New Models this Year
July 09, 2024 – Stellantis Unveils Ambitious Hybrid Expansion Strategy for European Markets, Aiming for a Greener Tomorrow In a move designed to cater to the escalating demand for sustainable mobility in Europe, Stellantis has announced a sweeping expansion of its hybrid technology across multiple brands, pledging to introduce an impressive 30 hybrid models across…
Stellantis and DS Automobiles Unveil ChatGPT Integration: A European First
October 23, 2023 – European automotive giant Stellantis announced last Thursday through an official press release that ChatGPT is set to make its debut in the luxury car brand DS, marking the first European automaker to incorporate ChatGPT into its vehicles. According to the announcement, ChatGPT will be seamlessly integrated with DS Automobiles’ in-car system,…
Stellantis Explores Collaborative Prospects in China’s Electric Vehicle Market
August 23, 2023 – In a move aimed at strengthening its presence in the booming Chinese electric vehicle market, Stellantis NV, the second-largest car manufacturer in Europe by sales, is reportedly exploring potential collaborations with a prominent Chinese electric car company. This endeavor marks Stellantis’ strategic bid to enhance its foothold in the world’s largest…