Automotive Industry

Carlos Tavares says Europeans, especially the French, have lost their work ethic, fueling backlash across Europe’s auto industry.

Ex-Stellantis CEO predicts only a handful of global carmakers will survive, with Chinese brands ready to fill the gap left by Europe.

Stellantis invests $13B in U.S. operations while European facilities face overcapacity and closures, raising concerns about continent's future in group strategy.

Stellantis defends the $13 billion investment, designed to mitigate tariff exposure and accelerate development on American soil.

Canada loses Jeep production to Illinois as Stellantis invests $13B in U.S. operations, responding to Trump administration tariffs and trade policies.

The Toledo bet is lofty. It could reassert Ohio’s role in US auto manufacturing, and anchor Stellantis’ midsize truck ambitions.

Production is marked to begin in 2027, but the interim years must absorb retooling, supply chain rebuild, workforce rehiring.

This is more than just a corporate shake-up. It’s the symbolic takeover of FCA over PSA, of Italy over France, and, in some ways.

Trump targets $1 billion in GM and Stellantis grants including $335M for Belvidere plant and $250M for Kokomo EV module production facility.