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NewsStellantis Profit Soars as North American Demand Offsets Europe
Automaker Stellantis reported Tuesday a 26 percent jump in net profit last year, with strong demand for its Jeeps and Chrysler minivans in North America making up for a slump in European sales. Profits for the group forged from the merger of PSA of France and the US-Italian firm Fiat-Chrysler …
ElectricFiat 500 to Return to Canada as All-Electric 500e in 2024
We’re not sure how many people miss the Fiat 500 , which exited the North American market after the 2019 model year due to extremely poor sales, but guess what? It will come back to Canada in early 2024. Fiat CEO Olivier Francois made the announcement today at the Los …
NewsStellantis Details Plan for Circular Economy With New Business Unit
While Stellantis has been criticized by many for not doing enough to address environmental concerns, the automaker does intend to launch 75 fully electric models globally by 2030. In Ontario, a joint EV battery plant with LG Energy Solutions will be built and existing facilities will be upgraded to support …
NewsHonda Tops Latest Fuel Economy Rankings, Stellantis is Dead Last
Even though vehicles keep getting bigger and more powerful, with pickups and SUVs leading the way, on average they proved more fuel-efficient and cleaner in 2020 than any of their predecessors, according to the latest Automotive Trends Report published by the U.S. Environmental Protection Agency (EPA). Much of the credit …
NewsStellantis: Each Brand is Given 10 Years to Succeed or Else
Ever since FCA and PSA officially merged to form Stellantis , the world’s fourth largest automaker, the future of its 14 brands has been a hot topic. In the past few weeks, CEO Carlos Tavares offered a reassuring stance for the short and medium terms, but things could change significantly …
News2021 is Off to a Bad Start for Fiat
Things are clearly not improving for Fiat in Canada. After a disastrous 2020 that brought in just 228 vehicle sales nationwide, Fiat says it has only sold 32 cars in Canada during the first quarter of 2021. This is a 50% drop compared to the same period in 2020, when …
NewsFiat 500L, 124 Spider Are Not Coming Back in 2021
FCA has confirmed what many people were expecting: the Fiat 500L and 124 Spider won’t be coming back. There will be no 2021 models for these two. That means Fiat will continue on as a single-car brand in North America, with just the 500X crossover maintaining its place in the …
NewsFCA to Invest $1.3B to Built Electrified Vehicles in Ontario
FCA plans to invest $1.35-$1.5 billion to launch a new platform at the Windsor Assembly Plant in Ontario in order to build plug-in hybrid and/or fully electric vehicles starting in 2023-2024, according to Unifor. The announcement came on Thursday following a tentative deal on a new three-year contract between the …
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