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The merger agreements allowed the Peugeot family to increase its current 7.2% stake in Stellantis by up to an additional 1.5% by acquiring shares from France's state lender Bpifrance, from Dongfeng, or on the market.
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 ...
The United Auto Workers union and Stellantis say they've reached a tentative agreement on a new contract, leaving General Motors as the only one of the Big Three automakers without a contract with ...
Stellantis is mainly offering plug-in hybrids in the U.S. for now, but plans to ramp up EV sales in the coming years, chasing a goal of 100% battery electric car sales in Europe and 50% electric ...
Stellantis Europe S.p.A. [2] (formerly Fiat Group Automobiles S.p.A. and FCA Italy S.p.A.), is the Italian subsidiary of the multinational automaker Stellantis, dedicated to the production and selling of passenger cars and light commercial vehicles and headquartered in Turin, Italy.
On 11 February 2011, Fiat Powertrain Technologies and Penske Corporation had reached an agreement under which Fiat Powertrain would purchase Penske Corporation's fifty-percent stake in VM Motori S.p.A. [5] [6] Fiat Group Automobiles acquired the remaining 50% stake of VM Motori S.p.A. owned by General Motors, [7] on 28 October 2013. [8]
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In March 1990 Adam Opel AG and Automobilwerk Eisenach (AWE) (at that time best known in the west as the producer of the Wartburg) concluded a collaboration agreement. By 5 October 1990, AWE and Opel opened an assembly line for the Opel Vectra . [ 1 ]