Stellantis (STLA) and Dongfeng to expand Chinese auto exports through asset transfer deal

Stellantis (STLA) unveils full range of renewed electrified vans

Stellantis (NYSE: STLA), Monday, unveiled 12 refreshed and electrified compact, mid-size, and large commercial vans as part of the automakers Pro One strategic offensive.

The vehicles were revealed for the Citroën, FIAT Professional, Opel, Peugeot, and Vauxhall brands.

The updated commercial vehicle series introduces a 2nd generation... More

Stellantis (STLA) pulls out of L.A. auto show as UAW strikes continue

Chrysler-parent, Stellantis (NYSE: STLA) announced Friday that the automaker will not be participating in this years L.A. Auto Show in an effort to reduce costs amidst the ongoing UAW Strike.

The company stated that it would be scrapping its planned... More

US EV sales skyrocket in 3Q, China expands reach

According to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.

The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More

Stellantis (STLA) option implied volatility ticks up amid UAW contract headlines

Stellantis (NYSE: STLA) 30-day option implied volatility is at 34; compared to its 52-week range of compared to its 52-week range of 23 to 423.

British minister ‘optimistic’ on finding solution to EV tariffs

On Wednesday, British Business Secretary Kemi Badenoch expressed strong confidence in finding a resolution for automakers to circumvent imminent tariffs on the trade of electric vehicles (EVs) with the European Union, stating that she was very optimistic about the prospects.

"We're regularly raising this with EU counterparts, and it is just simply the nature of trade negotiations and trade policy," said Badenoch during an even... More

Stellantis (STLA) Cancels CES 2024 Participation

As the costs of the ongoing UAW strikes against Stellantis (NYSE: STLA) continue to mount, the Company has decided to cancel its planned display and presentations at CES® 2024, the worlds largest technology show, scheduled for January 2024 in Las Vegas,... More

Tesla (TSLA) pushes US to adopt stricter fuel efficiency rules

Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.

In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More

Barclays starts Stellantis (STLA) at Overweight, forecasting modest growth amidst challenges

Barclays initiated coverage of Stellantis (NYSE: STLA) with an Overweight rating and set their 12-month price target on the stock at EUR 22.50.

STLA ranks high among EU/US OEMs in terms of profitability, cash flow, dividends, and efficient use of capital, making it a favored choice for many investors. However, Barclays analysts believes that due to the overall lack of interest in the EU Auto sector, its position is relatively weak.

Barclays predicts a margin adjustment, decreasing from... More

Barclays Starts Stellantis NV (STLA:IM) (STLA) at Overweight

Barclays analyst Henning Cosman initiates coverage on Stellantis NV (STLA:IM) (NYSE: STLA) with a Overweight rating and a price target of EUR22.50.