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...A US Department of Justice investigation led to the convictions of 15 people, including two union presidents and three executives at Fiat Chrysler, now part of Stellantis....
...Previous years also saw Fiat Chrysler team up with Tesla to pass the standards, although FCA later pulled out of the arrangement. So far in 2022, Honda and Tesla have reached a pooling deal....
...Fiat was almost bust in the early 2000s. Chrysler was bankrupt. Peugeot was bailed out in 2014, while Opel was sold by General Motors after decades of accumulated losses....
...The Paris-based carmaker, created in 2021 from the merger between Italy’s Fiat-Chrysler and France’s PSA, seemingly backtracked last week in a bid to ease tensions with Rome and unions....
...Fiat merged with US group Chrysler in 2014....
...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...
...The carmaker, born out of the 2020 merger between Italy’s FCA (Fiat Chrysler) and Groupe PSA (Peugeot Citroën), has raced well ahead....
...This was the era of Vespas and Fiats, of bella figura, of impossibly elegant suits and shades, seen in Italian films such as La Dolce Vita (1960)....
...This week, though, Lex looked at Stellantis, the carmaker born out of the 2020 deals between Italy’s FCA (itself a combination as Fiat Chrysler) and Groupe PSA (Peugeot Citroën)....
...Five more top stories 1....
...Like rivals in Europe and elsewhere, Stellantis, formed by the merger between France’s PSA and Italy’s Fiat Chrysler in 2021, also faces pressure from Tesla as the US electric-car maker slices its prices...
...John Elkann, scion of the Agnelli dynasty and Exor’s chief executive, has gradually focused on expanding the company’s mix of investments, particularly since the merger of his family’s Fiat Chrysler Automobiles...
...But Agnelli now senses “a continuation of my professional story”....
...A longtime reformer in the UAW ranks, Fain campaigned for the union presidency after a corruption scandal that resulted in prison sentences for multiple union officials and personnel at Fiat Chrysler America...
...The plethora of Stellantis brands, which include Jeep, Chrysler, Peugeot and Fiat, are a source of further bewilderment....
...Stellantis, formed by the merger of PSA and Fiat Chrysler earlier this year, has a joint venture with Total to produce batteries in Europe and the US but has also said it was open to buying additional batteries...
...Stellantis, the newly merged Fiat Chrysler and PSA, has decided to invest a sum in the low hundreds of millions of pounds at the site to manufacture electric vans, which are in growing demand thanks to the...
...At Baillie Gifford, where Anderson worked for almost four decades, he was a major shareholder in Exor companies including Fiat Chrysler Automobiles and Ferrari....
...The company, which owns brands such as Fiat, Peugeot and Chrysler, warned it might need to close its Ellesmere Port factory because its electric vans will face tariffs of 10 per cent when exported to mainland...
...Her graphic novel “Persepolis” tells the story of her childhood in Tehran....
...Vulcan — in which Stellantis, the carmaker formed by the merger of Jeep owner Fiat Chrysler and Peugeot owner PSA, has invested €50mn — illustrates the challenge....
...Samsung SDI has a similar partnership with Stellantis, the group behind Peugeot, Fiat Chrysler and Jeep....
...Stellantis and Samsung will build a $2.5bn battery plant in Indiana, as the parent group of Chrysler and Fiat accelerates its electric vehicles shift in the US after lagging behind its peers....
...Stellantis, the multinational manufacturer created last year from the merger of companies like Fiat, Vauxhall, Citroen, Peugeot and Chrysler, is not a stock we own....
...“Every brand has its own story, and you tell this story through each car.” To be successful, each car must reflect this story, “but it needs to move it forward as well,” says Djordjevic....
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