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Stellantis
Source: Stellantis |

With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion Adjusted operating income⁽¹⁾ (AOI⁽¹⁾) and 10% AOI Margin⁽²⁾ in the First Half of 2024

The Company plans no fewer than 20 new product launches in 2024, including 10 that have started production already in the first half of the year

Net revenues of €85.0 billion, down 14% compared to H1 2023, primarily due to the decline in volume and mix; Net profit of €5.6 billion, down 48% compared to H1 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs; Adjusted operating income(1) of €8.5…

Stellantis

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    • Stellantis strengthens its grip on the Moroccan market with Sopriam acquisition, a subsidiary of the Al Mada Group
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Source: Stellantis |

Stellantis strengthens its grip on the Moroccan market with Sopriam acquisition, a subsidiary of the Al Mada Group

This capital injection marks a significant step in consolidating Stellantis' presence in Morocco, a journey that began in 2015 under a strategic partnership with the Moroccan government

Stellantis (www.Stellantis.com) now overseeing import and distribution for Peugeot, Citroën, and DS Automobile brands; The group reaffirms its commitment to boosting Morocco's automotive industry; Enhanced and unified customer experience across Morocco in line with Stellantis' high standards. In a strategic move, Stellantis has announced a two-phase acquisition of Sopriam, a subsidiary of…

World Health Organization (WHO)
Source: World Health Organization (WHO) |

Road traffic deaths rise in the African region, but down globally, World Health Organization (WHO) report

The report attributes the rise to multiple factors, including inadequate road safety laws and standards

Road traffic death rates in the past decade have increased significantly in the African region, with almost 250 000 lives lost on the continent’s roads in 2021 alone. Conversely, global rates fell by 5% during the same period, a new World Health Organization (WHO) report shows. Between 2010 and 2021, the…

FIAT

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    • John Elkann, Chairman of Stellantis and Olivier Francois, FIAT CEO and Stellantis CMO
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Source: FIAT |

FIAT celebrates its first 125 years and smiles to the future

The celebration’s special guest is the 500e Giorgio Armani, the refined limited edition which will be distributed globally and pair Italian excellence to eco-sustainability

The “La Pista 500” at the Lingotto building in Turin hosted FIAT’s 125th anniversary "Smiling to the future” ceremony; Founded on July 11th 1899, FIAT (www.FIAT.com) is one of the longest-operating automotive brands in the world and is now set for an even brighter future. Olivier Francois, FIAT CEO, lays out…

Citroen

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    • All-New Citroën C3 Aircross: The Most Affordable and Comfortable Multi-Energies Compact SUV, Available With 7 Seats
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Source: Citroen |

All-New Citroën C3 Aircross: The Most Affordable and Comfortable Multi-Energies Compact SUV, Available With 7 Seats

It is the first B-SUV on the European market to be offered at a price of less than €30,000 in its 100% electric version, and less than €20,000 in its PureTech turbo 100 MT6 internal combustion version

A brand-new model in the compact SUV segment: this stylish, smart, functional and affordable proposition will appeal to families and everyone with an active lifestyle; The C3 Aircross has been completely reinvented: new technical platform, robust and assertive SUV style, plus Citroën's (www.Citroen.com) new styling language; Enhanced onboard comfort; Citroën Advanced…

Alfa Romeo

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    • Alfa Romeo Junior VELOCE debuts new 280-CV 100% electric motor
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Source: Alfa Romeo |

Alfa Romeo Junior VELOCE debuts new 280-CV 100% electric motor

The new electric motor will be making its debut in the new compact sports car, the sportiest version in the line-up in this configuration

A few days ahead of road tests, the development of Junior VELOCE – a version equipped with specific “made by and for” Alfa Romeo solutions (www.AlfaRomeo.com/) – is coming to an end; The dynamic development has been worked on by the same Italian team of Alfa Romeo engineers who have…

Stellantis
Source: Stellantis |

Stellantis 2024 Investor Day Highlights: Powerful Differentiators, Unique Flexibility and Exceptional Returns

CEO Carlos Tavares outlined nine key strategic differentiators the Company is leveraging to unlock value and address the disruption and reinvention of the auto industry worldwide

Stellantis (www.Stellantis.com) is a highly differentiated OEM lending it specific advantages against a dynamic and disruptive industry backdrop; Standout, multi-energy technology and manufacturing flexibility enable it to leverage its competitive advantages across a wide variety of electrification adoption scenarios; Stellantis is addressing 2024 headwinds thoughtfully and will continue to deliver…

Jeep
Source: Jeep |

Introducing the All-new, All-electric 2024 Jeep® Wagoneer S –Jeep Brand’s First Global Battery-electric SUV

The Jeep Wagoneer S is offered exclusively as a BEV with a range of more than 300 miles on a single charge, delivering 600 horsepower, lightning-quick 0-60 mph acceleration time of 3.4 seconds

The 2024 Jeep® Wagoneer S (www.Jeep.com), the brand’s first global battery-electric vehicle (BEV), which will launch initially in the U.S. and Canada, delivers 4xe capability, impressive performance credentials, a sleek aerodynamic design and state-of-the-art technology; Jeep Wagoneer S delivers exhilarating performance with 600 horsepower, more than 800 Nm of immediate torque…

China Dongfeng Motor Industry Imp. & Exp. Co. Ltd
Source: China Dongfeng Motor Industry Imp. & Exp. Co. Ltd |

Dongfeng Algeria Head Office Opened, Making New Progress in Opening up the African Market

Dongfeng passenger vehicle SHINE and Dongfeng commercial vehicle KX gained a lot of attention from the guests

Ma Lei, Managing Director of Dongfeng Motor Corporation International Business Department and China Dongfeng Motor Industry Imp. & Exp. Co., Ltd. (www.Dongfeng-global.com), and Omar, general manager of Cevitale Group, attended the opening ceremony of Dongfeng Algeria Head Office, which marked the new stage of cooperation between Dongfeng and Cevitale Group…

Stellantis
Source: Stellantis |

Stellantis to Webcast Investor Day on June 13

For those unable to attend the live session, a recorded replay will be accessible following the event

Stellantis (www.Stellantis.com) Chief Executive Officer Carlos Tavares, Chief Financial Officer Natalie Knight and other members of the top executive team will share Stellantis’ view on the dynamic, challenging market and how the Company is well-positioned to compete for industry leadership at the Stellantis Investor Day on Thursday, June 13, at…