Stellantis to Present Commercial Vehicles Strategy and New Global Van Lineup on October 23

Italian union cuts annual production forecasts for Stellantis (STLA)

Italy's FIM Cisl union on Wednesday revised its vehicle production outlook for Stellantis (NYSE: STLA) in Italy for the current year due to a recent deceleration in the market.

Presenting Stellantis' Italian production data for January to September, the union now anticipates the company's Italian output to reach approximately 730,000 vehicles in 2023.

While this represents a 6.4% increase compared to 2022, it falls short of the 800,000 vehicle projection that... More

Stellantis (STLA) and Samsung will build a 2nd joint EV battery plant in Indiana

Stellantis (NYSE: STLA) and South Korea's Samsung SDI Co Ltd revealed on Wednesday the two companies their plans to establish a second electric vehicle battery facility in Kokomo, Indiana, which happens to be the hometown of United Auto Workers President Shawn Fain.

The union leader is presently engaged in a dispute with the Detroit Three automakers regarding union representation in new battery plant establishments.

Stellantis and SDIs... More

General Motors (GM) reaches tentative agreement with Canadian union to end strike

General Motors (NYSE: GM) and the Canadian labor union Unifor have reached a preliminary agreement on Tuesday, just hours after union employees initiated a strike at three GM facilities.

The union revealed that this preliminary agreement aligns with the prior agreement Unifor had established with Ford Motor (NYSE:... More

Stellantis (STLA) to introduce new commercial vehicles and strategy

Stellantis (NYSE: STLA) revealed Monday morning that the automaker plans to introduce reimagined Commercial Vehicles from multiple brands on Monday, October 23, at 3 p.m. CEST / 9 a.m. EDT.

Jean-Philippe Imparato, who leads the Commercial Vehicles Business Unit, and Xavier Peugeot, the Senior Vice... More