Tag: News

AMSTERDAM, September 11, 2024 – Stellantis today announced it is investing more than $406 million in three Michigan facilities to support its multi-energy strategy and confirmed that the Sterling Heights Assembly Plant (SHAP) will be the Company’s first U.S. plant to build a fully electric vehicle. The Ram 1500 REV, the Company’s first battery-electric light-duty […]

To ensure the Company’s future competitiveness and sustainability, which are necessary to preserve U.S. manufacturing jobs, it is critical that the business case for all investments is aligned with market conditions and our ability to accommodate a wide range of consumer demands. Therefore, the Company confirms it has notified the UAW that plans for Belvidere […]

Auburn Hills, Mich. – Stellantis is celebrating exceptional and milestone safety achievements at its two North American casting plants, recognized by the annual North American Die Casting Association (NADCA) Safety Award Program.  Etobicoke Casting Plant (ECP) in Ontario, Canada, has secured a hat-trick: a third consecutive Perfect Award. This recognition signifies zero lost days, transfers, […]

Auburn Hills, Mich. – Stellantis continues its string of strong showings in the J.D. Power 2024 U.S. Automotive Performance, Execution and Layout (APEAL) Study with two segment wins, three podium finishes and continued dominance among truck brands. Respondents in the 2024 study – all verified owners – rated Jeep® Wagoneer the most appealing large SUV, while the Alfa Romeo Giulia won the compact […]

With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion AOI(1) and 10% AOI Margin(2) in the First Half of 2024 AMSTERDAM, July 25, 2024 – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down […]

As a result of the company’s 2023 North American financial performance, Stellantis announced today the eligible profit sharing amount of $13,860 for its UAW-represented workforce. Actual payments will be based on individual compensated hours and payable on Feb. 29, 2024. Approximately 38,000 employees are eligible to receive the payment. “This profit sharing payment recognizes the efforts of […]

December 21, 2023, Auburn Hills, Mich. – Just in time for the holidays, nearly 165 Stellantis employees who were laid off when the Belvidere Assembly Plant idled returned to full-time positions this week.   The employees will support operations for Mopar, the Company’s parts and service division, at a warehouse in Belvidere, Illinois, a community […]

Stellantis confirms today that its U.S. represented workforce has ratified a new collective bargaining agreement with the UAW.  “With negotiations now officially behind us, we will focus our full attention on executing our Dare Forward 2030 strategic plan and serving our customers by delivering the high quality products and technologies they want and expect, especially as we prepare to launch eight all-new electric […]