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Samsung, Stellantis
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Stellantis, Carlos Tavares
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.
Leadership Turmoil: What Tavares' Resignation Means For Stellantis
Stellantis CEO Carlos Tavares resigned amid strategic disagreements and financial mismanagement. Read more to see my recommendation for STLA stock.
Tavares resigns as Stellantis CEO after company struggles for months
Carlos Tavares, who had been under fire and was expected to leave at the end of his contract, resigned abruptly on Sunday.
1h
on MSN
Newly appointed North American chief Filosa among those considered for Stellantis CEO
The source said the board would also consider external candidates for the job.Start the day smarter. Get all the news you ...
Houston Chronicle
3h
Commentary: Stellantis CEO Carlos Tavares Is Gone
We got word this past Sunday that
Stellantis
(formerly FCA, the parent of Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, and ...
22h
on MSN
Why Stellantis's CEO Is Out, and What That Means For the Stock
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...
9h
Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says
The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares ...
1d
New Stellantis CEO’s first job is a US reset
The carmaker said it hopes to conclude a hunt for Tavares’ replacement by the first half of 2025. In the meantime, John ...
1d
on MSN
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
22h
on MSN
Stellantis shares drop after Carlos Tavares’s sudden exit as CEO
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...
3h
Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
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