Stellantis Officially Refuses to Sell Maserati
Recently, Stellantis, formed from the merger of Fiat Chrysler Automobiles and PSA Group, officially confirmed its plans to retain the luxury brand Maserati within its portfolio. CEO Carlos Tavares stated that Maserati, renowned for its Italian design and sports cars, will not be put up for sale. This announcement dispelled rumors about a potential sale of the brand that had circulated amidst current economic challenges.
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Major Changes Ahead for Maserati and Alfa Romeo under Stellantis' Leadership
Stellantis is set to implement significant changes for the Maserati and Alfa Romeo brands as part of its strategic initiative aimed at accelerating the transition to electrification and globalization. These changes will involve not only the update of the current model range but also the creation of new vehicles that will better meet the demands of the modern market. With the growing interest in environmentally friendly vehicles and requirements for emissions reduction, funding will primarily focus on the development of electric and hybrid models.
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Core of the Auto Industry: Stellantis Halts Production Due to Trump Tariffs
Recent changes in international trade policy have led to unexpected consequences for American automaker Stellantis. The company, formed from the merger of FCA and PSA, has been forced to temporarily idle its plants due to 25% tariffs on imported vehicles imposed by former President Donald Trump's administration. These tariffs affect cars made outside the U.S., resulting in a significant increase in production costs.
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Stellantis Unveils New HEMI V8 Engines for Modern Times
Stellantis, formed from the merger of PSA Group and Fiat Chrysler Automobiles, is preparing for significant changes in its engine lineup. In particular, new HEMI V8 engines are expected to be introduced, tailored to meet modern environmental and performance standards. These powertrains promise to be more efficient and user-friendly while maintaining their roots in traditional V8s, cherished by many car enthusiasts.
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Stellantis Implements Innovative Approach Offering Employees Payouts to Quit
Stellantis, a major automotive group formed from the merger of Fiat Chrysler Automobiles and PSA Group, has announced a new program aimed at streamlining its workforce and reducing costs. This initiative includes offering financial incentives to employees willing to voluntarily leave the company. In recent months, Stellantis has faced numerous factors, including global economic changes and shifts in consumer preferences, which have led to the launch of this program.
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Stellantis Expands American Manufacturing Thanks to Trump's Tariff Exemption
The automotive manufacturer Stellantis, formed from the merger of Fiat Chrysler and PSA Group, has announced its intentions to increase production in the United States. Ben Sellitti, head of Stellantis North America, emphasized that the exemption from tariffs implemented under the previous Trump administration played a key role in this decision.
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Strategic Changes in Stellantis: CEO Salary Increase
The CEO of the automotive group Stellantis, Carlos Tavares, has received a significant salary increase, raising discussions among shareholders and industry experts. At the recent shareholders' meeting, it was announced that his compensation for the 2022 financial year amounted to €19.2 million, which is €5.4 million more than the previous year. This decision is connected to the company's successful financial results amidst a challenging global economic situation.
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Stellantis Expects Significant Profit Increase in 2024 Amid Rising Automotive Market
Stellantis, one of the world’s largest automotive manufacturers, anticipates that its profits will grow in 2024 due to improved conditions in the global automotive market and increased sales of its vehicles across various brands. During a recent financial report, Stellantis’ management shared their forecasts for the upcoming year, noting that the growth is expected due to the successful implementation of new technologies and models, along with rising demand for electric vehicles.
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Stellantis Announces Strategic Changes for European Brands in North America
Stellantis, one of the world's largest automotive manufacturers, announced plans to transform its brands represented in North America. This strategy involves a comprehensive rethinking of the features and models of European brands such as Peugeot, Citroën, and Fiat, in order to better meet the demands of the American market. It is expected that the changes will focus on adapting models to consumer preferences in the U.S. and Canada, which will enhance competitiveness and improve financial performance.
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Stellantis Dealers Reaffirm Commitment to Electric Vehicles and Sustainability
Recently, key representatives of automaker Stellantis, which encompasses brands such as Jeep, Chrysler, and Fiat, met with distributors at a special event to discuss the company's future in electric vehicles and sustainability. The meeting emphasized that dealers are fully committed to the transition to electric vehicles and are prepared to support environmental initiatives.
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