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The Latest Breaking News from Carlos Tavares

Stellantis idles Illinois plant, takes step toward closure

Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles

The Independent UK

Stellantis to invest $155M in Indiana for electric drive units

The maker of Jeep SUVs, Ram pickup trucks and other vehicles will invest a total of $155 million in three plants in Kokomo, Indiana, to produce electric drive modules for battery electric vehicles in North America.

Tribune News Service

Stellantis invests $155M in Argentina copper mining project

The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Monday said it has invested $155 million into a copper mining project in Argentina for critical electric-vehicle battery minerals.

Tribune News Service

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Stellantis CEO: Stricter Euro 7 Emissions Standards Are "Useless"

They won't bring customer and environmental benefits, Carlos Tavares believes.

Motor1

Citroen CEO Vincent Cobee Steps Down, Thierry Koskas Appointed To Position

Koskas is the sales and marketing officer for Stellantis, and will continue in that role while adding CEO duties.

Motor1

Stellantis To Replicate Europe EV Strategy In US, Teases Ram EV Van

CEO said Stellantis is ready to bring to North America the strategy that made it No. 1 in commercial EVs and No. 2 in overall EVs in Europe in 2022.

InsideEVs

Stellantis Boss Announces Two New Fiat Models Will Debut In 2023

CEO Carlos Tavares says both will be EVs.

Motor1

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Electric Cars From China Are Filling European Streets

China's strong push into electrification is not just about cleaning up choking air pollution, but also about muscling into the global auto industry.

InsideEVs

Ram 1500 EV To Get Range-Extender Option, Stellantis CEO Confirms

The Ram 1500 Revolution BEV production model will come with an all-electric powertrain as standard; the range extender will be offered as an option.

InsideEVs

Factorial Unveils 100 Amp-Hour Solid-State Battery Cell Concept At CES

Factorial, a start-up that develops the next generation of solid-state batteries, showed a prototype of its new 100 Amp-hour (Ah) cells at the 2023 Consumers Electronics Show (CES).

InsideEVs

If economy slows, Stellantis' Belvidere plant, others could be at risk

The CEO of the maker of Jeep SUVs said if the economy and consumer demand worsen, that could be bad news for its Cherokee plant in Belvidere, Illinois, and perhaps other manufacturing facilities.

Tribune News Service

Stellantis Isn't Building A US Charging Network, Says CEO

Its strategy is to sell home charging units and invest in solid-state battery technology.

Motor1

Trouble at Tesla: the end of a golden age of growth?

While Elon Musk’s Twitter antics dominate headlines, the EV giant’s future is threatened by slipping demand and intensifying competition

Financial Times

Stellantis Boss Worried About "Terrible Fight" With Chinese Car Manufacturers

He is concerned customers will flock to cheaper Chinese EVs.

Motor1

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The Independent UK

CES 2023: Stellantis preps cost cuts due to higher EV prices

Stellantis CEO Carlos Tavares says his company has to work to cut costs globally in order to keep electric vehicles affordable for the middle class

Axios

Automakers are pouring millions into "flying taxis"

Carmakers have emerged as key partners for aviation startups working on electric "air taxis."

Tribune News Service

Buy an EV now or later? The tax credit rules are about to change

DETROIT — Consumers who can find an electric vehicle or plug-in hybrid that qualifies for the $7,500 tax credit now may want to snap it up before the end of the year, experts say, while others wanting to purchase EVs that aren't eligible might be better off waiting until 2023.

The Street

Jeep Quietly Leaves Huge Market

The emblematic brand of 4x4 has just filed for bankruptcy in one of the most important automobile markets.

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AFP

Stellantis China Jeep joint venture to file for bankruptcy

Beijing (AFP) - A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy, the European carmaker said Monday, after its chief executive complained earlier this month political tensions with the West were affecting the business environment.

Daily Mirror

Alfa Romeo brand will leave F1 as delighted CEO declares: "The job is done"

Sauber's new deal with German carmaker Audi was announced this week and will take effect from the 2026 season, but Alfa Romeo will be leaving long before that point

Motor1

Stellantis Boss Says Euro 7 Regulations Should Be Dropped, Explains Why

Carlos Tavares argues EU7 would be applied for only a few years, so why bother?

AFP

Stellantis CEO says group may end China production

Paris (AFP) - Car giant Stellantis may stop building vehicles in China, chief executive Carlos Tavares said Monday, citing building tensions with the West as a deterrent to investment there.

Tribune News Service

Stellantis CEO: 'We have zero problem with unions' at battery plants

DETROIT — The CEO of Stellantis NV says employees of its joint-venture electric-vehicle battery manufacturing plants will be unionized if they wish.

Motor1

Jeep Closes Its Only Plant In China Over Government Interference

The automaker will ship and sell different Jeep models in the country.

Bangkok Post

This Auto CEO Won't Put Remote Work in Reverse

For one week each month Carlos Tavares runs a global auto giant from his living room in Lisbon, surrounded by his grandchildren.

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