Latest John Elkann News
Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government
MILAN (AP) — Carmaker Stellantis will invest 2 billion euros ($2.1 billion) in Italian production next year and spend another 6 billion euros ($6.3 billion) in the supply chain, the head of European operations told a government panel on Tuesday. Stellantis executives laid out...
US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants
DETROIT (AP) — A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana. The project being built by StarPlus Energy LLC is expected to create at...
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board...
