Latest in Stellantis Catl Invest
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China's CATL is planning a major expansion of battery swapping for electric vehicles
The world’s largest maker of batteries for electric vehicles says it will get into battery swapping in China in a big way starting next yearABC News - 34m -
Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government
The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chainABC News - 15h -
Stellantis vows to invest in Italy as it seeks thaw with Rome
Fiat owner to increase production as it looks to rebuild bridges following ousting of Carlos TavaresFinancial Times - 16h -
Democrats investing $100K into Virginia special legislative elections
The Democratic Legislative Campaign Committee (DLCC) announced Tuesday it is investing $100,000 in two Northern Virginia state Legislature special elections next month. While Democrats are ...The Hill - 19h -
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Stellantis Swiftly Reshapes Strategy Under Elkann After CEO’s Exit
The auto group chairman is hustling to fix relations with its dealer network and suppliers, and needs to move quickly.Inc. - 1d -
Japan’s SoftBank pledges $100bn investment in US
Vow by Masayoshi Son’s investment vehicle is latest sign of how groups are seeking to woo Donald TrumpFinancial Times - 1d -
Trump announces $100B investment from SoftBank
President-elect Trump on Monday announced the Japanese company SoftBank Group planned to invest $100 billion in the U.S. over the next four years, touting it as a sign of global confidence in the ...The Hill - 1d -
Colombia seeks renegotiation of investment treaty with the UK
Trade minister says current deal favours companies over the stateFinancial Times - 3d -
FMF commissioner resigns amid investment talks
Mexico Football Federation commissioner Juan Carlos Rodríguez resigned after threatening to do so if Liga MX teams did not accept a $1.25 billion investment.ESPN - 3d -
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Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says
Stellantis will extend the stoppage of car production at its Italian Mirafiori plant by a further two weeks, until Jan. 20, the head of the FIOM-Cgil trade union at the site said on Thursday. ...Yahoo Sports - 6d -
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Stellantis CEO Carlos Tavares lost control of the automaker with 'arrogant' mistakes, sources say
Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company's products.CNBC - 6d -
China's CATL forms joint venture with Stellantis to build electric vehicle battery factory in Spain
Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern SpainABC News - Dec. 10 -
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Dodge maker Stellantis and China's CATL team up to build $4.3 billion EV battery plant in Spain
Stellantis and CATL have announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate battery plant in Spain.CNBC - Dec. 10 -
Investing in America
The third annual FT-Nikkei Investing in America report looks at how overseas companies are negotiating the newly uncertain investment climate in the USFinancial Times - Dec. 10 -
Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.The Wall Street Journal - Dec. 10 -
China’s CATL to build $4.3bn battery factory with Stellantis in European expansion
Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technologyFinancial Times - Dec. 10 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.NBC News - Dec. 9 -
Stellantis Shakes Up North American Executive Ranks
The moves mark the automaker’s most visible shake-up under an interim management committee headed by Chairman John Elkann.The Wall Street Journal - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.CNBC - Dec. 9 -
New rules sharpen investment focus on modern slavery
EU human rights directive adds to US laws on forced labour — but uncertainty surrounds Trump administration’s stanceFinancial Times - Dec. 9 -
As South Korean investment grows, so do ‘Koreatowns’
Companies such as Samsung, Hyundai and LG have helped bring Korean culture to unexpected corners of the USFinancial Times - Dec. 8 -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - Dec. 7 -
Stellantis recalls over 300,000 Ram trucks over potential brake failure
A faulty hydraulic control unit on the trucks could cause certain braking and tracking systems to fail.CBS News - Dec. 6 -
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...CBS News - Dec. 3 -
Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
In Angola, Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and to see a slavery museum where he’ll acknowledge the ...ABC News - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2