Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured loans as it seeks to drastically reduce its debt amid the crisis in the automotive sector.
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
Stellantis NV is recommitting to US factory investments agreed to more than a year ago as the maker of Jeep sport utility vehicles seeks the good graces of President Donald Trump.
Stellantis is doubling down on its U.S. operations following a meeting between its chairman and Trump. Read more.
The move is related to the company’s decision to delay the REV’s 2025 debut and come to market first with the 1500 Ramcharger.
There's a void in the midsize truck segment found in Auburn Hills, Michigan these dats. Since the departure of Dodge's Dakota, the FCA-turned-Stellantis chunk of the medium pickup category has been empty, but a leaked memo obtained by Crain’s Chicago Business makes clear that's set to change soon.
STLA Large will provide the backbone for future Dodge, Jeep, Alfa Romeo, Chrysler, Maserati models. Other Stellantis models are expected to use the platform as well. So far, the new incoming all-electric Jeep Wagoneer S and Jeep Recon EVs utilize STLA Large, along with the inbound Dodge Charger EV.
Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.
(Reuters) - Chrysler parent Stellantis is recalling 63,082 crossover SUV's in the United States over concerns of loss of drive power due to a power transfer unit issue, the National Highway Traffic Safety Administration said on Wednesday. The recall affects certain 2017-2019 model year Jeep Cherokee vehicles.
Africa has a significant portion of the rare-earth elements (REE) required for the transition to, and development of, new energy vehicles (NEV), with a sizable opportunity to capitalise on their value addition by deepening the continent’s critical minerals value chain,
The RHO is already hitting the streets of the United States, positioning itself as the natural successor to the TRX. Today, we'll dive into what makes this truck so special.