STELLANTIS GROUP
EV ride-hailer BluSmart seeks $300 million to expand car fleet BluSmart, India’s top electric cab operator, aims to raise $300 million to expand its fleet with cars from top manufacturers, targeting major cities for premium service. The company focuses on electrification and sustainability efforts in India, wit...
28 May, 2024, 10.49 AM ISTWill China become the cat among India's EV pigeons? Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellanti...
16 May, 2024, 04.58 PM ISTStellantis considering India manufacturing of affordable EVs The group, which owns several brands including Chrysler, Citroën, Fiat and Jeep, is considering locally manufacturing affordable electric vehicles from its Chinese joint venture partner Leapmotor at its facility in Thiruvallur, Tamil Nadu.
14 May, 2024, 10.34 PM IST- ADVERTISEMENT
Flying over city traffic: How exactly can you travel between Delhi and Gurugram in 7 minutes? In a joint venture, InterGlobe Enterprises, the parent company of India's leading airline IndiGo, and US-based Archer Aviation, plan to introduce an all-electric air taxi service in India by 2026. This service will facilitate transportation from Con...
06 May, 2024, 05.31 PM ISTChina's Leapmotor set to follow BYD, MG into India; budget EV space set for intense competition Leapmotor, which had talks going on with Sajjan Jindal-led JSW, will be following in the footsteps of its Chinese peers MG and BYD into India.
06 May, 2024, 11.53 AM ISTCitroen bets on 'Basalt' to boost India play French carmaker Citroen aims to revive its fortunes in India with the Basalt, a mid-size coupe SUV set to launch in the second half of this year. The Basalt incorporates lessons learned from Citroen's experience in India, a market it considers chall...
03 May, 2024, 12.36 AM ISTMS Dhoni is Citroen's new brand ambassador: Sources Indian cricket legend Mahendra Singh Dhoni has been appointed as the brand ambassador for French carmaker Citroen in India, as per sources. The move aims to boost brand recognition for the Stellantis Group company in the competitive Indian market. D...
21 Apr, 2024, 03.39 PM ISTShareholders approve pay package of Stellantis CEO Carlos Tavares Stellantis shareholders on Tuesday approved a controversial 36.5-million-euro ($38.75 million) pay package for chief executive Carlos Tavares. According to the Stellantis annual report, the 65-year-old Portuguese executive was due to get a 10-millio...
16 Apr, 2024, 08.40 PM ISTStellantis, the maker of Jeep and Citroen brands, plans to make India an EV export hub Stellantis India CEO & MD Aditya Jairaj told PTI that the company will be the first 'multinational OEM' in India to achieve this feat (to export EVs). Stellantis, which was formed after the merger of Italian-American conglomerate Fiat Chrysler Autom...
12 Apr, 2024, 06.18 PM ISTStellantis reviews rollout of European dealer rejig amid IT glitches As part of efforts to cut costs and support investments for electrification, the world's third-largest automaker has ended its previous contracts with European dealers and is moving towards a new distribution framework based on an "agency model".
14 Dec, 2023, 07.41 PM ISTOver three dozen cars to undergo crash tests under Bharat NCAP India launched in August the Bharat New Car Assessment Programme (Bharat NCAP), which is modelled on the Global NCAP and tailored for Indian standards. This is aimed at improving the safety standards of cars produced in the country.
01 Nov, 2023, 12.43 AM ISTStellantis resets China strategy with $1.6 billion stake in EV firm Leapmotor Stellantis, the parent company of Chrysler, is purchasing a 21% stake in Chinese electric vehicle (EV) maker Leapmotor for $1.6 billion. This move is part of Stellantis' strategy to focus on EVs in China after struggling with poor sales in the count...
26 Oct, 2023, 11.09 AM ISTStellantis to double software engineers count in India, hire 1,100 in 12-18 months Stellantis, the global automotive company, plans to hire 1,100 software engineers in India over the next 12 to 18 months. The company has chosen India as the global competence center for developing new-age cockpit software. Stellantis' joint venture...
12 Oct, 2023, 03.49 PM ISTFord, GM lay off about 500 more US workers due to strike Ford and General Motors have announced that approximately 500 more workers have been temporarily laid off as a result of the ongoing strike by the United Auto Workers (UAW) at the "Big Three" automakers in Detroit. These employees were sent home due...
03 Oct, 2023, 06.34 PM ISTDetroit's strikes become an industrial 'Survivor' game The United Auto Workers (UAW) is implementing a strategy of choosing which factories to strike at the Detroit Three automakers, putting them in a high-stakes game of "Survivor." Layoffs are accumulating, suppliers are suffering, and tensions are ris...
03 Oct, 2023, 03.38 PM ISTStrikes against automakers spread to 38 locations in 20 states, Stellantis and GM are targeted The UAW's contract with the automakers expired at midnight on September 14, and workers walked out of a Ford assembly plant near Detroit, a GM factory in Wentzville, Missouri, and a Jeep plant run by Stellantis in Toledo, Ohio. The initial strike ha...
22 Sep, 2023, 09.57 PM ISTIndia major centre of gravity for Stellantis: Co official Stellantis considers India a significant "centre of gravity" as it expands internationally, with its digital and software hubs in Hyderabad and Bangalore supporting the organization's technological future. India serves as the transformation and inno...
06 Aug, 2023, 11.02 AM ISTStellantis, Samsung to build second battery plant in US The location of the facility has yet to be announced but Stellantis and South Korea's Samsung SDI said it would start production in 2027, with an initial annual output capacity of 34 gigawatt hours (GWh).
24 Jul, 2023, 01.24 PM ISTJeep looks to reboot its India presence as competition heats up Under the leadership of Aditya Jairaj who took charge as the deputy managing director of Stellantis Group in India and head-Jeep brand operations in May, the carmaker has launched a consumer scheme that is aimed at bringing down the initial purchase...
20 Jul, 2023, 12.38 AM ISTCitroen begins exports from Kamarajar Port Ltd In February, Citroen, which is a part of Stellantis Group, inked a pact with Kamarajar Port, which is located 24 km north of Chennai Port in the city, for shipping out vehicles to the overseas market.
31 Mar, 2023, 04.45 PM IST