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Stellantis NV is a carmaker created as a result of the merger of Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA). Stellantis joint shares are traded on the exchanges under the common stock ticker STLA.
Car brands
For 2022, the Stellantis concern combines the following brands:
Business in Russia
2022: Suspension of production in Kaluga
On April 19, 2022, the Stellantis automaker announced the suspension of production at the Kaluga plant. The decision was made taking into account the growing number of cross-sanctions and difficulties with logistics, the company said.
The concern also said in a statement that Stellantis is taking all measures to comply with international sanctions and protect its employees.
2021: Stellantis 65% cumulative sales growth
For 12 months of 2021, Stellantis sales growth in the Eurasia region was 47% compared to the same period in 2020, which is 10 times higher than the market dynamics in the Region. The company announced this on January 25, 2022.
Together, Stellantis sales in Russia for the 12 months of 2021 increased by 65%, increasing the total market share of all brands of the concern in Russia by 0.4%. Thus, Stellantis showed one of the highest sales growth rates among automaker groups in Russia with market growth of + 4.3%.
The leader in terms of growth in the structure of Stellantis brands was the Opel brand, increasing sales by 2.5 times, which is the second highest growth rate among all brands in Russia in the 12 months of 2021. In total, according to the results of 2021, 2053 cars were sold.
The Peugeot brand rose 93%, selling 8,727 vehicles.
The Citroen brand rose 30%, selling 4,897 vehicles.
The Jeep brand rose 2%, selling 1,612 vehicles.
The Fiat Professional brand has shown steady demand.
The best-selling passenger models of the brands were Jeep Grand Cherokee - sales growth + 60%, Peugeot Traveller - sales growth + 58%, Citroen SpaceTourer - sales growth + 38%. Opel Zafira Life +134%. The last three models are produced in Russia
The commercial line of Stellantis deserves special attention. In 2021, the total sales growth of the LCV line was + 71% compared to 2020. Mainly due to local production models assembled at the PSMA Rus plant in Kaluga.
The leader in sales among all Stellantis brands in the AEB classification was the Peugeot brand with Traveller and Expert models.
Peugeot commercial vehicle sales growth in 2021 was 116%, Citroen 58%, Opel 569% compared to 2020
2021 has become one of the most important stages for the development of the PSMA Rus plant in Kaluga. The volume of production of cars of the Peugeot, Citroen, Opel brands at the PSMA Rus plant doubled in 2021 compared to 2020, recording the best result in terms of production in 7 years.
Moreover, following strategic plans for the systematic development of the production enterprise in the Kaluga region, deepening localization and increasing the volume of local production, Stellantis launched a number of projects that will contribute to the successful implementation of this strategy in the future: localization of a new platform for the production of mini-vans and passenger compact cars Peugeot, Citroen and Opel - 6 models have been assembled; serial assembly of export-oriented diesel engines; creation of an export hub based on PSMA Rus for the supply of commercial cars and engines to international markets.
In December 2021, the first cars for export deliveries were assembled.
In early February 2022, deliveries of Peugeot Expert, Opel Vivaro, Citroen Jumpy of Russian production to Western Europe begin.
By the end of 2022, the plant plans to establish the assembly of the commercial model Fiat Scudo, as well as the production of mechanical gearboxes.
In 2021, the Stellantis dealer network grew into 33 dealerships: Peugeot + 11 Peugeot dealers, 7 of which in Peugeot Professional format - a total of 42 dealers in 26 cities; Citroen + 6 dealers, a total of 26 dealers in 15 cities; Opel + 8 dealers, a total of 20 dealers in 13 cities; Jeep + 5 dealers, a total of 24 dealers in 18 cities; Fiat Professional + 3 dealers, total 30 dealers in 21 cities.
In 2021, the Peugeot brand launched in 2021 a non-standard format of Peugeot Professional dealerships in a special architectural solution developed specifically for Russia. The innovative concept allows you to adequately present the Brand, has a balanced business model and at the same time requires significantly less investment than classic dealerships. Peugeot Professional dealers sell the Peugeot range of light commercial vehicles, as well as Russian-made passenger models.
Eurorepar spare parts brand, part of the Stellantis Group. Eurorepar offers multi-brand parts for the most common brands of foreign cars in Russia and is ideal for car brands that have been in operation for more than 3 years.
The Eurorepar Car Service network for January 2022 has 5700 stations in 28 countries of the world and continues its development, including in Eurasia.
In Europe, the Eurorepar Car Service network has 4,160 service stations.
In Russia, in less than three years, Eurorepar Car Service has become a leading multi-brand car repair and maintenance company, opening 273 stations in January 2022. The fleet of cars over 3 years old in Russia has 35 million cars with an average vehicle age of 10.2 years precisely for the owners of such cars, the concept of multi-brand maintenance and repair of Eurorepar Car Service is especially relevant.
Performance indicators
2023: 4th in world auto sales and loss in the electric vehicle market
Europe has to reboot its auto industry.
Volkswagen, Renault and Stellantis are thinking of the unthinkable, exploring contracting with arch-rivals to produce cheaper electric cars and counter existing threats.
2022: Internet-Connected Cars Market Share - 8.1%
Based on Q1 2019 to Q4 2022 data
2022: Internet-Connected Cars Market Share - 8.1%
Based on Q1 2019 to Q4 2022 data
2021
Peugeot vehicle sales growth of 5% worldwide
1,214,851 Peugeot cars sold in 2021, a 5% increase from the same figure in 2020. This was reported on February 7, 2022 by Peugeot Russia. Since 2015, 37 countries have recorded new records for their market share. Peugeot's share of international sales increased by 5.5 percentage points to 23.7% of global sales.
Sales in the light commercial vehicle (LCV) segment were up 12% for the year. The share of cars in the configuration of level 3 and higher reached 34% (+ 1.3 percentage points in relation to the indicator of 2020), and the share of cars with automatic transmission - 50% (+ 4.4 percentage points compared to the indicator of 2020).
Peugeot sales by region:
- Expanded Europe (EUR30 + Eurasia) - 943,805 cars (at the level of 2020). The Peugeot brand climbed two lines, entering the top three in the passenger car and LCV segment in Europe (EUR30) at the end of 2021.
- Middle East and Africa - 109,876 cars (+ 20% relative to 2020 level).
- Latin America - 83,429 cars (+ 52% relative to the level of 2020).
- China - 37,815 cars (+ 36% relative to the level of 2020).
- India and the Asia-Pacific region - 28,637 cars (+ 20% relative to the level of 2020).
- North America (Mexico) - 11,289 cars (+ 17% relative to the level of 2020).
In total, every sixth Peugeot sold in Europe is electrified. 80% of all Peugeot passenger car models in Europe have an electrified version. 100% of all vans in Europe have an electrified version, including the hydrogen e-Expert Hydrogen.
Best-selling cars worldwide (2021):
- Peugeot 208:
- 2020 - 240 700 pcs.
- 2021 - 270 700 pcs., + 12%
- Peugeot 2008:
- 2020 - 193 100 pcs.
- 2021 - 247 600 pcs., + 28%
- Peugeot 3008:
- 2020 - 172 300 pcs.
- 2021 - 180 000 pcs., + 4%
- Peugeot 408:
- 2020 - 9,700 pcs.
- 2021 - 13,300 pcs., + 36%
- Peugeot Partner:
- 2020 - 84,500 pcs.
- 2021 - 90,600 pcs., + 7%
- Peugeot Expert:
- 2020 - 55,600 pcs.
- 2021 - 65,900 pcs., + 19%
- Peugeot Boxer:
- 2020 - 62,600 pcs.
- 2021 - 66,600 pcs., + 6%
The number of cars submitted is 6 142 200
History
2024
Tens of thousands of Dodge and Alfa Romeo cars have brake pedals falling off during braking. They are being urgently recalled
In mid-October 2024, Stellantis recalled thousands of Dodge Hornet and Alfa Romeo Tonale SUVs when it became known that the brake pedal could fail on a regular trip. The malfunction has already caused one accident. Read more here
200,000 Jeep hybrid cars light up for no reason
On September 30, 2024, Stellantis, a multinational car manufacturing corporation, announced the recall of Jeep SUVs due to the risk of fire. As of this date, more than ten such incidents have been recorded. Read more here.
Thousands laid off due to lack of money
In mid-August 2024, it became known that the automaker Stellantis plans to lay off up to 2,450 employees working in factories in the United States. The layoffs are related to the discontinuation of the Ram 1500 Classic, an old version of a popular pickup truck manufactured at a factory in Warren, near Detroit. Since the introduction of the new generation Ram 1500 in 2018, the model has largely served as a budget option for entry-level buyers and fleet owners.
The decision to end production of the Ram 1500 Classic was not a complete surprise given that the company is actively developing an updated Ram 1500 model for release in 2025. Although production at the Warren plant will cease, work at the nearby facility where the newer model, the Ram 1500, is being produced will continue without interruption.
The business closures will add to fears that the region faces a protracted downturn after lagging behind rivals.
However, the closure of production lines and large-scale layoffs have raised concerns among local authorities, workers and the United Auto Workers (UAW) union representing workers at the plant. Layoffs are expected to begin as early as October, but the final number of job cuts could be below what was announced if the company manages to move some employees to other positions.
UAW President Sean Fine criticized the management of Stellantis, in particular CEO Carlos Tavares, for the decision to close the production site. Fine noted that where Tavares received a 56% salary premium, thousands of auto plant workers will lose their jobs and livelihoods.
The decision is known to have become part of a broader strategy to cut costs for the Tavares-led company. The layoffs at the Warren plant followed a series of production cuts at other Stellantis facilities. All this is part of the Dare Forward 2030 plan, which should double the company's revenue to $325 billion by 2030.[1]
Citroen cars use defective airbags that kill drivers and passengers
In early June 2024, Citroen recalled more than 600,000 C3 and DS3 cars for repairs due to problems with defective airbags. The company says the issues relate exclusively to models released between 2009 and 2019 that are no longer commercially available.
According to the manufacturer, 605,772 vehicles in more than 20 countries in Southern Europe, the Middle East and North Africa will be inspected and repaired as part of this initiative. It is known that 497 thousand Citroen C3 cars and 108 thousand Citroen DS3 models suffered from marriage. The reason was the "deterioration over the years of the quality of gas" used in the airbags of the manufacturer Takata.
 | During decay, this gas affects various components of the airbag, as a result of which, in the event of an accident, activation of the airbags can lead to the release of decay products or small parts that can lead to injury to the driver or passengers, the company representative said. |  |
According to a product recall notice published on May 3, 2024 on the French website Rappel Conso, "propellant (gas) in the airbags of the driver and passenger can deteriorate over time. In the event of an accident, when the airbags are activated, they can burst with great force, injuring the passengers of the car. " There are cases when drivers and passengers died because of these airbags.
Citroen has already sent car recall notices to owners of affected models who are offered to register online on the company's website to contact its representatives and plan repairs at a special dealership.
It is known that the problem of dangerous airbags affected not only Citroen: the Spanish brand SEAT was also forced to recall several models for planned repairs, as was BMW, which recalled more than 20,000 cars.[2]
Firing hundreds of programmers to save money
On March 22, 2024, car manufacturer Stellantis (brands Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep, Maserati, Opel, Peugeot, etc.) announced a reorganization aimed at reducing costs and improving the financial situation. As part of this program, hundreds of employees in various departments will be laid off.
In particular, in the United States, Stellantis Corporation will reduce approximately 400 people who work in engineering, technology and software groups. This represents about 2% of the total headcount of these units. As of the end of 2023, Stellantis had approximately 11,800 employees. The decision on the layoffs is said to have been made "after a thorough organizational review."
| | As the automotive industry continues to face unprecedented uncertainty and increased competitive pressure globally, Stellantis is implementing appropriate structural changes to improve efficiency and optimize costs, the corporation said in a statement. | |
However, on March 27, 2024, Stellantis signed additional agreements with Italian trade unions on voluntary layoffs of its employees in this country. The cuts could affect workers at businesses in Melfi, Pomigliano D'Arco, Mirafiori and Termoli. In total, in Italy, the staff of Stellantis can be reduced by more than 3,000 people. In this country, the company employs about 43 thousand people, including about 15 thousand in the Turin region. Stellantis notes that the cuts are partly due to the introduction of new technologies, including the transition to cleaner energy. It is emphasized that these layoffs are carried out exclusively on a voluntary basis and are mainly aimed at employees close to retirement age or wishing to take advantage of new professional opportunities.[3]
Deal with Sixt to supply 250,000 cars over three years
In January 2024, it was announced that Stellantis NV would deliver 250,000 vehicles to Sixt in a deal struck after Europe's largest ride-hailing company scrapped the use of Tesla vehicles in its fleet.
The first deliveries under the multi-billion dollar order will begin in the first quarter. Over the next three years, the company will supply ICE vehicles, hybrid and electric vehicles for Sixt's rolling fleet throughout Europe and North America.
2023: Tens of thousands of Jeep hybrid cars respond. Because of the marriage, they burn while charging
On November 22, 2023, Stellantis announced the recall of Jeep Wrangler hybrid SUVs with the ability to charge the battery pack from the electric grid. The identified problem can lead to spontaneous combustion of vehicles, which poses a threat to human life. Read more here.
2022
Closing a loss-making joint venture in the Chinese market
On October 31, 2022, the European company Stellantis N.V. announced the winding down of a joint venture with the Chinese Guangzhou Automobile Group (GAC Group): the reason is the unprofitability of the corresponding unit. Read more here.
Jeep factory closure in China amid fear of sanctions
Stellantis Corporation, which produces Jeep, closed its only factory in China in July 2022. "We do not want to become a victim of cross-sanctions, as recently happened with other companies in other countries of the world," said Stellantis CEO Carlos Tavares, referring to Russia.
The factory produced Jeep Cherokee, Renegade, Compass and Grand Commander models, but mainly for the domestic market.
Guidance Changes to Implement Dare Forward 2030 Strategy
As part of the implementation of the Dare Forward 2030 strategic plan, Stellantis announced structural changes on May 11, 2022, effective June 1, 2022.
| | Daily challenges and ongoing deep transformations in the automotive industry require organizational flexibility and talented employees in the right place and at the right time throughout the company. Following the successful start of Stellantis, these appointments reflect the bold ambitions of the "Dare Forward 2030" strategic plan and will make a significant contribution to the implementation of the transformations we have begun since the formation of Stellantis in January 2021, Stellantis CEO Carlos Tavares said.
| |
Maxim Pika has been appointed Director of Procurement and Supply Chain. He will replace Michelle Wen in this post, who will deal with personal projects.
Uwe Hochgeschurtz has been appointed chief operating officer in Europe, he will succeed Maxim Peak in this post.
Florian Hüttl will take over from Uwe Hochgeschurtz and join the Stellantis top management team as CEO of Opel and Vauxhall.
Alison Jones, in charge of the UK market for 11 May 2022, will be promoted to senior vice president of circular economics and will report to Philippe de Rovira, director of subsidiaries.
Paul Willcox, who heads Vauxhall in the UK for 11 May 2022, will replace Alison Jones, making the company's organisational structure in the UK simpler.
Stellantis bought Share Now from BMW and Mercedes-Benz for €100m
On May 3, 2022, it became known that Stellantis had agreed to buy a joint Share Now car-sharing service from BMW and Mercedes-Benz amid German auto giants focusing more and more attention on the software part of their technology alliance. Read more here.
Consolidation of Financial Services Business in China
Following the restructuring of the financial services business in Europe and the United States, Stellantis on April 13, 2022 announced the signing of PSA Finance Nederland (PFN) (100% subsidiary of Banque PSA Finance) and DPCA of the ownership transfer agreement with Dongfeng Group whereby their respective ownership interests of Dongfeng Peugeot JV Citroen Auto Finance Company (DPCAFC) will be sold to Dongfeng Group subject to required regulatory approvals. This framework, consistent with the goals of the Dare Forward 2030 strategy, will help implement a business model with asset optimization and facilitate the launch of new brands.
| | As we continue to build profitable growth in, China we faced the task of restructuring our proposals in the field of financial services in the territory - countries similar to those steps, which we have already taken in other large markets, - said the CEO of Stellantis - Carlos Tavares. This step will provide significant support to our plan to optimize operations in China and make the process of interaction with the client even more convenient. | |
The planned deal is expected to be completed in the second half of 2022 after receiving all required approvals from antitrust authorities and banking and financial regulators.
Creation of a fund of €300 million
Stellantis on March 21, 2022 announced the launch of its first venture capital fund, Stellantis Ventures. The fund invests 300 million euros in young and emerging startups that develop innovative technologies in the automotive and transportation sectors. Read more here.
Increase in share in GAC-Stellantis to 75%
On January 27, 2022, Stellantis N.V. announced plans to increase its stake in the GAC-Stellantis joint venture from 50% to 75%. The move is a key element of Stellantis' plan to create a new base for doing business in China. GAC Group and Stellantis agreed to jointly implement the remaining formalities on the deal, which is subject to approval by the Chinese government. Read more here.
2021
Launch of projects for the systemic development of the production enterprise in the Kaluga region
In December 2021, the first commercial vans Peugeot Expert, Opel Vivaro, Citroen Jumpy for export deliveries were assembled at the PSMA Rus plant. In early February, the first batch of commercial vehicles will be sent to Europe. Stellantis announced this on January 25, 2022.
Following strategic plans for the systematic development of the production enterprise in the Kaluga region, deepening localization and increasing the volume of local production, Stellantis launched a number of large projects in 2021 that will contribute to the successful implementation of this strategy in the future, such as: localization of a new platform for the production of mini-vans and passenger compact cars Peugeot, Citroen and Opel - assembly of 6 models has been established; serial assembly of export-oriented diesel engines; creation of an export hub based on PSMA Rus for the supply of commercial cars and engines to international markets. Read more here.
Signing a memorandum with Samsung SDI to create a joint venture for the production of lithium-ion batteries
Stellantis N.V. and Samsung SDI on October 21, 2021 announced the signing of a memorandum of understanding aimed at creating a joint venture to produce cells and battery modules for the North American market. The plant, which is scheduled to begin operation in 2025, will have a design capacity of 23 GWh/year with the possibility of its expansion in the future to 40 GWh/year.
| | "With the commissioning of new battery plants in the near future, we will gain additional competitive advantages and will eventually be able to conquer the North American electric vehicle market," said Stellantis CEO Carlos Tavares. - Our strategy of working with reputable partners provides the high pace and level of flexibility required to design and produce safe, affordable and environmentally friendly vehicles that meet the needs of our customers. I would like to thank all of our employees working on this critical investment in our shared future. " | |
| | "We are honored to create a battery joint venture with the Stellantis concern, accelerating the electrification strategy in our era of environmentally friendly," energy said Samsung SDI President and CEO Jun YunHyun. "As part of this joint venture, we will make every effort to meet the high demands of customers of the North American electric vehicle market using battery technology, high-quality SDI products and security measures Samsung." | |
According to Stellantis representatives, the company now has the ability to produce the required number of batteries for electric vehicles and achieve the approved goal by 2030 - a 40 percent share of electric vehicles in the total volume of vehicles sold by the company in the United States.
The newly created plant is expected to meet the battery needs of Stellantis assembly plants in the United States, Canada and Mexico for the next generation of electric vehicles - from plug-in hybrids to electric vehicles, which will be sold under brands included in Stellantis.
Stellantis plans to invest more than €30 billion in electrification and software development by 2025, aiming to maintain 30% higher efficiency compared to others in the industry in terms of total capital and R&D costs relative to revenue.
As of October 2021, the study of the potential location of the new plant continues. More information will be published later.
The agreement between Stellantis and Samsung SDI will come into force subject to agreement on the final documentation and the traditional closing conditions, including obtaining the necessary regulatory approvals.
Peugeot logo update
On February 25, 2021, Peugeot unveiled an updated logo in the form of a coat of arms with a majestic lion head.
Since 1850, the Peugeot brand has changed its logo ten times, but the lion has always remained the central figure. The eleventh version was created by specialists from the international design studio Peugeot Design Lab. The first model with this logo will be the Peugeot 308 (in Europe).
As for the website, according to the company's plans, in the near future it will become a full-fledged part of the "virtual dealership" offering the ability to make purchases online. Its functions will provide the ability to perform absolutely all the actions for which you previously had to go to the dealership to get acquainted with the car, configure, conclude contracts, receive loans, trade-in, etc., shared in Peugeot.
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According to the company, the updated logo will form the basis of a comprehensive brand ecosystem, which is not limited to just one visual component. It represents a deeper change: renewed positioning, mindset and lifestyle.
Linda Jackson named Peugeot Brand CEO
On January 22, 2021, PSA Groupe announced that Linda Jackson had been appointed CEO of the Peugeot brand. Linda took office on January 20, 2021. Read more here.
Number of employees, market coverage, Stellantis departments and portfolio
According to information for January 2021, the Stellantis concern unites under its wing 400 thousand employees involved in the design, development, production, supply and sale of cars and mobility solutions around the world.
Stellantis already holds a strong position in the markets of Europe, North America and Latin America and has large-scale undeveloped potential in regions such as China, Africa, the Middle East, Oceania and India. The presence of production sites in 30 countries allows the company to meet the needs of consumers, supplying cars and services in more than 130 markets.
Since the formation of the company, management will provide nine departments covering activities in areas such as strategic development, planning, regional policy, manufacturing, brand development and design.
The Stellantis portfolio is in line with a commitment to offering green mobility solutions that meet the growing needs of customers in electrification, autonomous driving, connectivity and car sharing. The concern offers 29 electrified models, planning to introduce 10 more cars with electric motors by the end of the year.
Completion of PSA's merger with Fiat Chrysler and public offering
On January 16, 2021, Groupe PSA announced that a merger deal between Peugeot S.A. ('Groupe PSA') and Fiat Chrysler Automobiles N.V. completed, the concern created, according to plans, will become one of the major auto concerns in the world, combining brands such as Peugeot, Citroen, Fiat, Chrysler, Alfa Romeo, Dodge, Jeep[4].
STELLANTIS joint shares will be traded on Euronext in Paris, Mercato Telematico Azionario in Milan on January 18, 2021 and New York Stock Exchange on January 19, 2021 under the common stock ticker'STLA'.
Stable synergies from the merger are projected at over 5 billion euros.
2020
Logo Presentation
Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA) unveiled the Stellantis logo on November 9, 2020.
The name of the new giant has Latin roots: "stello," which means "illuminated by the stars."
The logo symbolizes the rich heritage of the founding companies of Stellantis. Reportedly, the portfolio of this company will include 14 well-known automotive brands.
The presentation of the company's logo was the final step towards the completion of the merger project, which is expected to occur by the end of the first quarter of 2021.
Announcement of the composition of the Board of Directors
Fiat Chrysler Automobiles NV ("FCA") and Peugeot SA ("Groupe PSA") on September 29, 2020 announced the composition of the Board of Directors of Stellantis, the company that will be the result of the merger of the two enterprises.
Under the terms of the Merger Agreement announced on December 18, 2019, Stellantis' Board of Directors will consist of 11 members, the majority of whom are independent directors. Independent members of the Board of Directors have different professional experience and will bring with them important views and experience in accordance with the dynamic and innovative spirit that characterizes the creation of this enterprise.
They will help Stellantis take full advantage of the opportunities available to create value for all stakeholders.
The FCA and its reference shareholder Exor appointed 5 members (including John Elkann as chairman of the board), and Groupe PSA and its two reference shareholders (EPF/FFP and BPIfrance) appointed 5 members of the board (including a senior independent director and deputy chairman of the board).
Carlos Tavares, chief executive officer of Stellantis, will also become a member of the Board of Directors.
The full composition of the Board of Directors of Stellantis, taking into account the voting of shareholders, will be as follows:
- John Elkann (Chairman)
- Robert Peugeot (Vice Chairman of the Board)
- Henri de Castries (Senior Independent Director)
- Andrea Agnelli (Independent Director)
- Fiona Clare Cicconi (Independent Director)
- Nicolas Dufourcq, (Independent Director)
- Ann Frances Godbehere, (Independent Director)
- Wan Ling Martello (Independent Director)
- Jacques de Saint-Exupéry, (Independent Director)
- Kevin Scott (Independent Director)
- Carlos Tavares (Chief Executive Officer)
The completion of the merger will take place by the end of the first quarter of 2021, subject to the previously agreed closing conditions in the Merger Agreement.
Notes
- ↑ Stellantis to lay off up to 2,450 U.S. workers as Ram 1500 Classic production ends
- ↑ Problem with ‘airbags’ forces Citroën to call 600 thousand cars to the workshop.
- ↑ Chrysler parent Stellantis laying off 400 salaried U.S. workers due to ‘unprecedented uncertainties’
- ↑ , etc. FCA and PSA announced the end of the merger - new shares of the single company will begin trading on Monday
Stock price dynamics
| Ticker company on the exchange: | NYSE:STLA |
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