Stellantis Leads in EV Profitability and Production Amidst Struggles for GM and Ford

Stellantis Leads in EV Profitability and Production Amidst Struggles for GM and Ford

Stellantis is already making a profit from its EV portfolio and, unlike some of the other traditional automakers, has no plans to scale back EV production. This was announced by the company’s executive director, Carlos Tavares, quoted by CNN. His comments come after Ford announced a $4.7 billion loss on EVs for 2023 alone, and … Read more

German veto to be enforced by Volker Wissing if internal combustion engine prohibition is imposed

Federal Transport Minister Volker Wissing (FDP) has threatened the EU Commission in Brussels with a veto on the end of cars with combustion engines planned for the European Union from 2035. The operation of passenger cars with synthetic fuels – so-called e-fuels – must also be possible after 2035, Wissing told the editors of the … Read more

Chinese cars on the offensive in Europe and China

As China’s auto offensive begins in Europe, Europeans are returning to China. After Stellantis, the Czech Skoda Auto (German Volkswagen group) is considering withdrawing from China. The final decision will be made next year, said managing director Klaus Zellmer weekly car week. “The competition is very intense there, so we will discuss with our partner … Read more

Stellantis, Carlos Tavares: “A new Euro 7 diesel engine in Pratola Serra”

In 2023, Stellantis it will put into production a new Euro 7 approved diesel engine. The plant that will build the new unit, probably a four-cylinder turbo with direct injection, will be that of Pratola Serra, in the province of Avellino. This was revealed by Carlos Tavares himself, during a visit to the Campania factory. … Read more

Electrification was chosen by politicians, not industry, says the head of Stellantis

Stellantis Group CEO Carlos Tavares remains a critic of the proliferation of electric cars. He appreciates rather hybrids. – The Stellantis Group is celebrating one year, just now a year ago, a new car group was formed, a merger of Fiat Chrysler Automobiles and the PSA Group. Carlos Tavares, the current head of the French … Read more

European Commission’s strategy to phase out internal combustion engines, harshly criticized: ‘The brutality of this change poses social risks’ – News source

The European Commission’s strategy to phase out internal combustion engines in favor of electric vehicles is a political choice involving environmental and social risks, Stellantis CEO Carlos Tavares said in an interview with European newspapers, Reuters reports. .ro. Since the merger of Fiat Chrysler and Peugeot to create the world’s fourth largest automaker after production, … Read more