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Stellantis investing on hiring Engineers in Brazil. This could represente an aggressive savings comparing to salaries in Italy, US & France. Investment Plans: Stellantis has announced a significant investment of BRL 30 billion (approximately €5.6 billion) to be made between 2025 and 2030. The Stellantis Automotive Hub in Betim, Minas Gerais, is set to be a global center for advancing this technology. The first models featuring this new technology are expected to be available by the end of 2024. #Interesting #technology #automotive #investments #brazil FCA Fiat Chrysler Automobiles Daimler Chrysler

In a pivotal move indicating the trajectory of the auto industry, Vauxhall and its parent company Stellantis have given us yet another sign of the e-mobility revolution. They've announced Friday plans to roll out electric vehicle production at their Luton-based factory. A bold leap that does more than just align with the evolutionary grid of automobile technology; it further solidifies their commitment to a cleaner, greener future while securing the long-haul stability of their plant and safeguarding a prominent number of job roles. What does this mean on a broader scale? ✍️ Emphasizing the surge in demand and acceptance of electric vehicles around the globe, not just as a concept but a viable, mainstream playbook in the automobile industry. ✍️ The commitment to one of the UK's largest automotive factories indicates the substantial role the UK will play in facilitating a worldwide shift towards electric vehicles. ✍️ Retaining 1,500 jobs at a time when businesses around the globe are grappling with economic uncertainty sends out a strong signal - embracing technology doesn't necessarily entail job cuts. On the contrary, it births different job roles that fit into the transformed ecosystem. The shift to electric is not the future anymore; it is the NOW. More importantly, this pulsates an explicit message to corporations across industries to integrate sustainability into their growth vision and make headway on transforming their operations to be more eco-friendly and future ready. For more details, check out the news brief in itself [here.](https://lnkd.in/ezDR7KwG) This is another milestone that validates the importance of synergy in the evolution of businesses, the economy, and the planet. Looking ahead, it's exciting to discern how these trends will continue to shape our global community, and I'm profoundly enthusiastic about what this implies for our future. #ElectricVehicles #Sustainability #Stellantis #Innovation #JobSecurity

🚗 Carlos Tavares on the Future of Stellantis and the Automotive Industry 🌍 During his recent appearance on LCI (13 October 2024), Stellantis CEO Carlos Tavares addressed the tough challenges facing the automotive sector. Despite a strong track record, Stellantis saw a 50% drop in net profits in the first half of 2024. 💸 Tavares had to revise down the company's prized double-digit margin goals, citing increased costs and challenges in North America. Yet, he remains resolute: 💡 "This isn’t just a Stellantis issue; it’s an industry-wide reality—Volkswagen, BMW, Mercedes all face the same headwinds." With pressures to meet stringent 2025 CO2 standards and increasing production in low-cost regions like Morocco and Turkey, Tavares reiterated that cost-cutting is essential for staying competitive. 🛠 🔧 Although met with resistance and looming strikes in Italy and the U.S., Tavares continues to push for efficiency. And with electrification on the horizon, he's determined to balance sustainability with affordability. 🌱 For those of you missed the interview : https://lnkd.in/ev4W-jHa CLM Search #Stellantis #AutomotiveIndustry #Electrification #Sustainability #Innovation #Leadership #CostEfficiency #FutureOfMobility #Morocco #GlobalMarkets #AutomotiveChallenges

Stellantis reports strong Q1 2024 growth in Europe, where we've seen in the total market a remarkable 5.4% increase in volumes, solidifying our market share at 19.2%, up by 0.9 points from FY23. Across the region, countries like Germany, Portugal, and the UK have shown double-digit growth, with France, Italy, and others following suit. #StellantisProOne continues to lead the Commercial Vehicles sector with a whopping 30% market share and an impressive 11.1% increase in volume year-over-year. Our commitment to electrification is paying off: in the Battery Electric Vehicle (BEV) market, we've seen a steady 4.5% increase in sales, capturing a 14.4% market share in the EU29. These Q1 results reflect the trust of our customers in our brands. With exciting new products on the horizon, we're poised to maintain this momentum throughout 2024. Let's continue to dare forward towards a sustainable future!  Discover more: https://lnkd.in/ehASkSs9 #Stellantis #StellantisDareForward

Automotive News Europe about FORVIA s result 2023 and the way forward to balance industry development 2030. #europe #automotive #Automobilindustrie #automotivefuture #automotivefuture #Zukunft #financials Details https://lnkd.in/dG4fm8fT

Our Mobility Growth Expert, Pietro Boggia, was recently invited by Class CNBC to provide insights on Stellantis CEO Carlos Tavares' hearing with the Italian Parliament. Key takeaways from the interview include: 💡 Key challenge: In Italy, the issue with the EV market isn’t the technology, but the price—EVs are 40% more expensive than ICE vehicles due to regulation. 💰 Consumer insight: People are ready to switch to EVs if they cost the same as ICE vehicles. 🌍 Global competition: Chinese automakers have a 30% cost advantage over European manufacturers, disrupting supply chains and dealer networks. ⚙️ Cost challenges: Italian production costs are higher, especially due to elevated energy prices compared to the European average. 🏗️ Stellantis’ commitment: Despite these challenges, Stellantis remains dedicated to Italy with industrial plans through 2030, but calls for government intervention to drive demand and maintain production. I nostri contatti italiani potrebbero voler guardare l'intervista (video in Italiano):

Stellantis is making waves with ambitious plans to bolster electric vehicle (EV) production. In a strategic move that could significantly impact Italy's automotive landscape, the Franco-Italian car giant is exploring manufacturing up to 150,000 low-cost EVs annually at its Mirafiori complex in Turin. This venture, stemming from a $1.6 billion deal with Chinese EV maker Leapmotor, positions Stellantis to potentially start Leapmotor car production on Italian soil by 2026 or 2027. The future looks electrifying, with Stellantis CEO Carlos Tavares hinting at Europe seeing Leapmotor's cars within two years. This initiative underscores Stellantis's commitment to electrification. It aligns with its goal to amplify Italy's production to 1 million vehicles by the decade's end, contingent on supportive measures like public incentives and infrastructural developments. This move signifies a significant leap towards sustainable mobility and positions Italy as a pivotal player in the EV market. With the world increasingly leaning towards eco-friendly vehicles, Stellantis's exploration into mass-producing affordable EVs could not be more timely. Is this something you would invest in? #Stellantis #EVs #Leapmotor #Automotive #Innovation

📉 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗨𝗻𝗱𝗲𝗿 𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲: 𝗖𝗮𝗻 𝗶𝘁 𝗔𝗱𝗮𝗽𝘁 𝘁𝗼 𝗡𝗲𝘄 𝗥𝗲𝗮𝗹𝗶𝘁𝗶𝗲𝘀? Recent trends show a significant drop in production across 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗳𝗮𝗰𝘁𝗼𝗿𝗶𝗲𝘀, with some running at less than half capacity. Stellantis’ Mirafiori plant, for example, saw a 60% reduction in early 2024. Along with the sluggish 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝘃𝗲𝗵𝗶𝗰𝗹𝗲 (𝗘𝗩) sales and increased competition from 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀, discussions of 𝗳𝗮𝗰𝘁𝗼𝗿𝘆 𝗰𝗹𝗼𝘀𝘂𝗿𝗲𝘀 and potential 𝗷𝗼𝗯 𝗰𝘂𝘁𝘀 have started making rounds. 🔻 𝗞𝗲𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: 1. 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲: Chinese automakers offer cheaper EVs, putting European manufacturers at a disadvantage. 2. 𝗜𝗻𝗰𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝗣𝗼𝗹𝗶𝗰𝗶𝗲𝘀: Unclear EV subsidies and the upcoming 𝟮𝟬𝟯𝟱 𝗰𝗼𝗺𝗯𝘂𝘀𝘁𝗶𝗼𝗻 𝗲𝗻𝗴𝗶𝗻𝗲 𝗯𝗮𝗻 have created uncertainty, leading to strategy shifts. 3. 𝗖𝗼𝘀𝘁 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗟𝗮𝗴: European OEMs face a cost gap and slower development cycles compared to their Chinese counterparts. While the industry isn’t shutting down entirely, it is facing a critical turning point, with potential 𝗿𝗲𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴 and 𝗰𝗼𝘀𝘁-𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝘀 to maintain global competitiveness. 𝗖𝗮𝗻 𝗘𝘂𝗿𝗼𝗽𝗲’𝘀 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗴𝗶𝗮𝗻𝘁𝘀 𝗻𝗮𝘃𝗶𝗴𝗮𝘁𝗲 𝘁𝗵𝗶𝘀 𝗰𝗿𝗶𝘀𝗶𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗲 𝗼𝘂𝘁 #AutomotiveIndustry #ElectricVehicles #EuropeanManufacturing #ChineseCompetition #Innovation

A great start to 2024 for Stellantis in Europe, with a significant surge in both the total and #electric vehicle markets. The Company captured 19.7% of the total market in January, a 0.9 p.p. increase on 2023, and saw a 17.6% rise in sales volume in the EU29. France, Germany, Italy, and the UK each reported growth in the double digits and the Netherlands and Portugal were among several other European nations that saw year-on-year growth. The #StellantisProOne dominance of the commercial vehicle market continues, with over 31% market share, marking a 1.8 p.p. increase from last year and almost a 21% jump in sales volume. Battery electric vehicle (BEV) sales increase by 20% vs 2023 with almost every country in double digit growth. Share in the #BEV market surpassed Q4 2023, rising to 13.7%. Congratulations to the teams for starting the year as we mean to go on! Discover more: https://lnkd.in/eqeMsiyc

🛠️ Stellantis is making major changes at its Ram 1500 plant, laying off nearly 200 workers in Sterling Heights, MI, as they prepare for the production of the electric Ram 1500 REV. This shift marks a significant move toward electrification, with automakers like Stellantis reshaping their workforce for the future of EVs. Stay tuned to autonews.com as the industry continues its transition to electric mobility! ⚡🚘 #WednesdayNews #AutoIndustry