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...including Chrysler and Jeep....
...The company was formed in early 2021 through the merger of France’s PSA, the maker of Peugeot, and Italian-US peer Fiat Chrysler....
...Much of Tavares’s pay rise came from bonuses linked to long-term targets, and Stellantis, which owns brands including Peugeot, Fiat and Jeep, has been one of the industry’s most profitable carmakers in recent...
...Chrysler was bankrupt. Peugeot was bailed out in 2014, while Opel was sold by General Motors after decades of accumulated losses....
...Stellantis was formed by the merger of Peugeot owner PSA — which itself bought lossmaking Opel and Vauxhall from General Motors — and Fiat Chrysler, a business created when the bankrupt Chrysler was sold...
...But Fiat-Chrysler was larger, owned the highly profitable Jeep and Ram brands, and “could have negotiated a more balanced board composition”, said Chiaroni....
...US car worker strikes cost Stellantis €3bn in lost revenues, the Chrysler maker said on Tuesday, as it reported higher sales for the third quarter....
...US carworker strikes cost Chrysler owner Stellantis €3bn in lost revenues, the carmaker said on Tuesday, as it reported a rise in third-quarter sales....
...Stellantis, which was formed by the merger of Italian-American group Fiat Chrysler and France’s PSA in 2021, has found it difficult to compete in China....
...It is 800kg of muscle and bad temper — time to retreat. Later we play cat and mouse to dodge elephants through mopane scrub....
...“I have a deep respect for the lifestyle of my customers,” said Carlos Tavares, chief executive of Stellantis, the manufacturer of France’s Peugeot and Citroën as well as Jeep of the US, when asked about...
...Stellantis, the group behind the Jeep and Chrysler brands, has not yet said how much the strike is setting it back....
...The company behind Chrysler, Jeep and other brands had idled the plant in December, laying off 1,200 workers. The UAW secured its reopening after a 46-day strike against Detroit’s big three carmakers....
...And they’re newer,” said Bill Russo, former head of Chrysler in China and founder of advisory firm Automobility. Having conquered the Chinese market, Wang is now setting his sights on foreign shores....
...His warnings are part of the backdrop for the bitter strike that has hit the Detroit car giants Ford, GM and Chrysler-owner Stellantis....
...The group, which makes Jeep cars in the US and also owns the Fiat and Citroën brands in Europe, on Wednesday posted record first-half revenues of €98bn, helped largely by higher shipments, as profits also...
...The average price of a Stellantis vehicle, which includes the Ram and Dodge brands, in the US rose to $53,000, giving the North American division a margin of 16.4 per cent last year....
...Stellantis, the owner of Chrysler and Jeep, said today the six-week strike by US car workers had cost it €3bn in lost revenues, a day after General Motors reached an agreement to end the first co-ordinated...
...So far the UAW has opted to strike at assembly plants that manufacture popular products, such as the Ford Bronco and Stellantis’s Jeep Wrangler, creating a noticeable impact without crippling the companies...
...The plethora of Stellantis brands, which include Jeep, Chrysler, Peugeot and Fiat, are a source of further bewilderment....
...Stellantis, which was formed by the merger of Italian-American group Fiat Chrysler and France’s PSA, will pay out a €4.2bn dividend and buy back about €1.5bn of its own shares....
...A year earlier, carmaker Stellantis had announced it was closing the assembly plant in Belvidere, laying off 1,200 workers who make the Jeep Cherokee....
...Stellantis, which also has the Ram, Alfa Romeo and Peugeot brands, was formed last year by the merger of Fiat Chrysler and Peugeot owner PSA, and was initially slow to embrace electric vehicles....
...Stellantis will abandon a lossmaking joint venture in China that made cars under its Jeep brand, after years of setbacks in the world’s biggest auto market and a frustrated attempt to take control of the...
...Stellantis, which was formed by the merger of Jeep owner Fiat Chrysler and Peugeot owner PSA last year, has long struggled in China, while rivals such as Volkswagen and General Motors have made significant...
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