FCA Faces $4 Million Fine for Emissions Violations
Fiat Chrysler Automobiles (FCA), now part of the Stellantis group, has recently faced serious consequences for violating diesel engine emissions regulations. Following a multi-year investigation, FCA has been fined $4 million. This decision was made under an agreement reached with the U.S. Department of Justice and the Environmental Protection Agency (EPA).
Continue readingStrategic Departure: Tavares Resigns as Stellantis CEO
Karlos Tavares, the acting CEO of the automotive manufacturer Stellantis, has announced his resignation. He made this decision after several years marked by significant transformations within the company. Tavares emphasized that his departure is an amicable step and is associated with the results of negotiations with European politicians, with whom he has been discussing the state of the automotive industry amidst changing policies and standards in Europe.
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