A group of shareholders has filed a lawsuit in the United States against Stellantis, claiming the European-American automaker defrauded them by concealing rising inventories and other weaknesses before it posted disappointing earnings, causing its stock price to fall.

Shareholders accuse Stellantis of stock price deception after disappointing earnings

Stellantis, the European-American automaker, is facing legal action from shareholders in the United States who allege that the company engaged in fraudulent practices by concealing increasing inventories and other weaknesses.

Stellantis shareholders sue automaker in US after low earnings

Stellantis, the parent company of Chrysler, has announced plans to lay off up to 2,450 factory workers from its Warren Truck assembly plant near Detroit. This decision comes as the automaker prepares to end production of the Ram 1500 Classic truck, marking a pivotal moment in the company's manufacturing operations.

Stellantis announces major layoffs as Ram 1500 classic production ends

Archer Aviation has announced a radical agreement-in-principle with automotive giant Stellantis. The deal, revealed on Thursday, could see Stellantis covering up to USD 370 million in labour-related costs to support Archer's ambitious production ramp-up of its air taxi, the 'Midnight' aircraft.

Archer Aviation secures Stellantis funding for air taxi production

Stellantis CEO Carlos Tavares has announced that the global automotive giant is prepared to eliminate underperforming brands from its extensive portfolio and is taking decisive steps to address weak margins and high inventory levels in its U.

Stellantis CEO signals potential brand cuts amid U.S. market challenges

Stellantis, the world's fourth-largest automaker, has announced a series of measures to address operational challenges following disappointing financial results for the first half of 2024.

Stellantis misses forecasts with H1 drop in revenue and operating income

Stellantis is recalling 19,516 hybrid mini-vans in the United States because of the risk of battery packs catching fire even when a vehicle is parked and the ignition is turned off, the US National Highway Traffic Safety Administration (NHTSA) reported on Tuesday.

Stellantis to recall about 19,500 hybrid mini-vans in US over battery fire risk

During a presentation of a new electric vehicle production line in Serbia, Stellantis chief executive officer Carlos Tavares urged his organisation to prepare for a fight for its share of the electric car market in Europe as strong Chinese carmakers are pressing on.

Stellantis eyeing a share of Europe's EV market, CEO says

Stellantis has made progress in the field of electrification through the launch of its Free2move Charge website and app which aims to help consumers shift easily to EVs as it introduces its first electric cars this year.

Stellantis launches Free2move Charge to support electric vehicle transition

Stellantis, in collaboration with TotalEnergies, has launched a new sustainable lubricant, Quartz EV3R 10W-40, as part of its commitment to environmental responsibility.

Stellantis and TotalEnergies introduce sustainable lubricant: Quartz EV3R 10W-40

In a monumental move towards a greener future, the Biden administration has announced plans to award nearly USD 1.1 billion in grants to General Motors (GM) and Stellantis.

Biden administration allocates USD 1.1 bn in grants to GM and Stellantis for EV plant conversions

Utilising its multi-energy plan, Stellantis is shifting quickly to the growing interest in hybrid models in Europe, particularly eDCT sophisticated hybrid technology.

Stellantis extends hybrid powertrain to more nameplates in Europe

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Stellantis, the parent company of Chrysler, has announced a major recall affecting 1.16 million vehicles in North America due to a software issue that prevents rear view cameras from displaying.

Stellantis recalls 1.16 mn vehicles in North America over rear view camera issue

Detroit's Big Three automakers, including Ford Motor and General Motors, should consider exiting the Chinese market to conserve capital during the costly transition to electric vehicles (EVs), a prominent auto analyst suggested on Tuesday.

Analysts believe Detroit Three automakers should exit China

A joint venture led by Stellantis has commenced production of electric vehicles designed by the Chinese automaker Leapmotor at Stellantis' manufacturing facility in Tychy, Poland.

Leapmotor ready to start EV production at Stellantis Poland plant

Stellantis, the multinational automotive manufacturing corporation encompassing 14 brands, has reported significant growth in its connected vehicle services. Since 2021, the company has seen a 2.

Stellantis software revenue soars 150 per cent as 94 million OTA updates roll out

Fiat is banking on the introduction of its new hybrid 500e to drive significant sales, aiming to tap into a broader market segment amid a global slowdown in electric vehicle (EV) sales.

Fiat bets on hybrid 500e to boost sales amid sluggish EV market

Stellantis announced on Wednesday that it has no immediate plans to expand recalls for faulty airbags in certain Citroen models, despite reports suggesting otherwise.

Stellantis clarifies stance on Citroen airbag recalls amid safety concerns

Stellantis CEO Carlos Tavares described the tough test awaiting auto suppliers while highlighting the rapidly increasing EV adoption rate. As western car makers drag themselves in the fray of the fierce battle to cut down costs in order to be competitive with their Chinese counterparts, Tavares was quite emphatic when he underlined the burden that had been shifted to suppliers under this new regime.

EV switch to hit auto suppliers hard, Stellantis CEO says

Stellantis has announced significant plans to bolster its manufacturing operations in Italy. On 27th May, during a meeting in Turin, Stellantis CEO Carlos Tavares outlined the company's future production strategy to union partners, emphasising flexibility in response to uncertain electrification trends.

Stellantis announces hybrid model production in Italy amid electrification uncertainty

Leapmotor, the chinese electric vehicle manufacturer, is preparing for the Indian market following the line of predecessors, including MG and BYD. In collaboration with Stellantis, which acquired a stake in Leapmotor’s global operation, aims to make its investment and initiation plans for the Indian public.

Chinese EV maker Leapmotor plans entry into India in collaboration with Stellantis

Volkswagen, Mercedes-Benz and Stellantis, top players in the European automotive market, are continuously experience falling sales and reduction in net revenues in the first quarter, citing the reasons of new model launches, increasing expenses and the general slowdown of the consumer markets.

European car giants struggle with lower sales amid transition year

In a tragic incident, a major bridge in the American city of Baltimore collapsed after it was hit by a large cargo ship. The bridge collapse crisis is likely to have significant impact on automakers. Watch in for more details!

Baltimore Bridge Collapse: Ford & Stellantis devise contingency plans to reduce disruptions

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