Wesley Leasy

Stellantis Fosters Circular Economy Ambitions with Dedicated Business Unit to Power New Era of Sustainable Manufacturing and Consumption

Retrieved on: 
Tuesday, October 11, 2022

Stellantis is in the race to build a sustainable and profitable business based on circular economy principles in the markets where we operate, said Alison Jones, Stellantis Senior Vice President, Circular Economy Business Unit.

Key Points: 
  • Stellantis is in the race to build a sustainable and profitable business based on circular economy principles in the markets where we operate, said Alison Jones, Stellantis Senior Vice President, Circular Economy Business Unit.
  • Stellantis Circular Economy Business Unit plan calls for aggressive scaling up in volumes and expansion to new countries, while ensuring constant innovation and re-skilling for new techs.
  • In September, Stellantis announced that its leading Circular Economy Hub will launch in 2023 at its Mirafiori Complex in Italy.
  • The dedicated operation will enable the expansion of Stellantis current activities and support its cradle-to-cradle business model in Europe.

Stellantis Signs Non-Binding MOU with GME for Future Offtake of Battery Grade Nickel and Cobalt Sulphate

Retrieved on: 
Monday, October 10, 2022

October 10, 2022, AMSTERDAM Stellantis N.V. and GME Resources Limited (GME or the Company) (ASX: GME) today announced the signing of a non-binding Memorandum of Understanding (MOU) for the future sale of quantities of battery grade nickel and cobalt sulphate products from the NiWest Nickel-Cobalt Project in Western Australia (NiWest).

Key Points: 
  • October 10, 2022, AMSTERDAM Stellantis N.V. and GME Resources Limited (GME or the Company) (ASX: GME) today announced the signing of a non-binding Memorandum of Understanding (MOU) for the future sale of quantities of battery grade nickel and cobalt sulphate products from the NiWest Nickel-Cobalt Project in Western Australia (NiWest).
  • NiWest is an advanced nickel-cobalt development project and will produce approximately 90,000 tpa (tons per annum) of battery grade nickel and cobalt sulphate for the burgeoning electric vehicle market.
  • Securing the raw material sources and battery supply will strengthen Stellantis value chain for electric vehicle battery production and equally important, help the Company achieve its aggressive decarbonization target.
  • GME Resources Limited is an ASX-listed exploration and development company with nickel, cobalt and gold interests in Western Australia.

Stellantis to Announce Third Quarter 2022, Shipments and Revenues on November 3

Retrieved on: 
Tuesday, October 4, 2022

announced today that its Third Quarter 2022 Shipments and Revenues will be released on Thursday, November 3, 2022.

Key Points: 
  • announced today that its Third Quarter 2022 Shipments and Revenues will be released on Thursday, November 3, 2022.
  • A live audio webcast and conference call of the Q3 2022 Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, November 3, 2022.
  • Details for accessing this presentation are available under the Investors section of the Stellantis corporate website at www.
  • Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the worlds leading automakers and a mobility provider.

Stellantis Celebrates 7 Million Vehicles Built at Europe’s Largest Light Commercial Vehicles Plant

Retrieved on: 
Tuesday, September 27, 2022

, after 40 years of activity, celebrates the seven millionth vehicle built today at the Sevel plant in Atessa, Italy, Europes largest light commercial vehicles (LCV) plant.

Key Points: 
  • , after 40 years of activity, celebrates the seven millionth vehicle built today at the Sevel plant in Atessa, Italy, Europes largest light commercial vehicles (LCV) plant.
  • The team at Sevel is contributing daily to helping us achieve our target to be the undisputed commercial vehicles market leader, said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe.
  • For the first half of 2022, Stellantis was the commercial vehicles market leader in the EU30(2) and South America, with 33.2% and 30.7% share, respectively.
  • It is the largest and most flexible light commercial vehicles plant in Europe capable of producing vehicles in a large array of configurations.

Stellantis and General Motors to Execute a Share Repurchase Transaction

Retrieved on: 
Tuesday, September 13, 2022

and General Motors Holdings LLC, a subsidiary of General Motors Company (GM) have executed a share repurchase agreement (SRA) related to the 69.1 million common shares in Stellantis, representing approximately 2.2% of Stellantis share capital (on a diluted basis), that GM is entitled to receive upon the exercise of equity warrants (the Warrants) originally issued by Peugeot S.A. (PSA) to GM in 2017.

Key Points: 
  • and General Motors Holdings LLC, a subsidiary of General Motors Company (GM) have executed a share repurchase agreement (SRA) related to the 69.1 million common shares in Stellantis, representing approximately 2.2% of Stellantis share capital (on a diluted basis), that GM is entitled to receive upon the exercise of equity warrants (the Warrants) originally issued by Peugeot S.A. (PSA) to GM in 2017.
  • The Warrants were issued to GM as part of the purchase by PSA of the Opel Vauxhall automotive business.
  • Pursuant to the SRA, the issue and the repurchase of Stellantis common shares will both occur on September 15.
  • This purchase of Stellantis common shares by Stellantis from GM will be carried out under the authority granted by the general meeting of April 13, 2022.

Stellantis Appoints Chief Digital Information Officer to Further Accelerate Company’s Tech Transformation

Retrieved on: 
Wednesday, September 7, 2022

today announced that Chris Taylor has joined the company as Chief Digital Information Officer, reporting to Xavier Chreau, Chief Human Resources and Transformation Officer, and functionally to Ned Curic, Chief Technology Officer, effective Sept. 5, 2022.

Key Points: 
  • today announced that Chris Taylor has joined the company as Chief Digital Information Officer, reporting to Xavier Chreau, Chief Human Resources and Transformation Officer, and functionally to Ned Curic, Chief Technology Officer, effective Sept. 5, 2022.
  • In this newly created role, Chris Taylor will help lead Stellantis transformation into a sustainable mobility tech company, driving its digital strategy and technologies.
  • Chris brings deep knowledge of cutting-edge digital technology to support our sophisticated business needs, both at Stellantis and for our customers, said Carlos Tavares, Stellantis CEO.
  • Prior to this, he was Global Vice President at Airbus Group where he led the digital transformation and cybersecurity.

Free2move Becomes a World Leader in Mobility with Acquisition of Share Now

Retrieved on: 
Monday, July 18, 2022

With this acquisition, Free2move continues its aggressive growth plan as a worldwide mobility leader and expanding its mobility hubs concept to 14 new cities.

Key Points: 
  • With this acquisition, Free2move continues its aggressive growth plan as a worldwide mobility leader and expanding its mobility hubs concept to 14 new cities.
  • We are very enthusiastic about the new chapter we are about to write with Share Now, the European leader in free-floating car-sharing, said Brigitte Courtehoux, Free2move CEO.
  • Free2move and Share Now are very complementary and our joint expertise now grants us the savoir-faire to truly innovate in the worldwide mobility market.
  • With this acquisition, Free2move expands its reach now to 32 European and U.S. mobility hubs.

Stellantis Implements Asset-light Approach to Grow Jeep® Brand in China and Negotiates Termination of Local Joint Venture with GAC Group

Retrieved on: 
Monday, July 18, 2022

today announced its plan to focus on distributing imported vehicles for the Jeep brand in China to leverage the potential of the brand and its iconic products through an asset-light approach.

Key Points: 
  • today announced its plan to focus on distributing imported vehicles for the Jeep brand in China to leverage the potential of the brand and its iconic products through an asset-light approach.
  • Stellantis intends to cooperate with GAC Group in an orderly termination of the joint venture formed in March 2010, which has been loss-making in recent years, and will recognize a non-cash impairment charge of approximately 297 million in its first half 2022 results.
  • The Jeep brand will continue to strengthen its product offering in China with an enhanced electrified line-up of imported vehicles meant to exceed Chinese customer expectations.
  • Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the worlds leading automakers and a mobility provider.

Stellantis and Dongfeng Agree on a Share Repurchase Framework

Retrieved on: 
Friday, July 15, 2022

AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.

Key Points: 
  • AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.
  • Under the HoA, Dongfeng may from time to time submit an offer to sell to Stellantis, all or a portion of the Stellantis common shares held by Dongfeng.
  • Any purchase of Stellantis common shares by Stellantis from Dongfeng will be carried out under the authority granted by the general meeting of April 13, 2022, as possibly renewed or extended.
  • Stellantis will inform the market if it accepts an offer from Dongfeng and agrees to purchase the offered shares.

Stellantis to Announce First Half 2022 Results on July 28

Retrieved on: 
Tuesday, July 5, 2022

announced today that its First Half 2022 Results will be released on Thursday, July 28, 2022.

Key Points: 
  • announced today that its First Half 2022 Results will be released on Thursday, July 28, 2022.
  • A live webcast and conference call of the H1 2022 Results will begin at 12:30 p.m. CEST / 6:30 a.m. EDT on Thursday, July 28, 2022.
  • The related press release and presentation material are expected to be posted under the Investors section of the Stellantis corporate website at www.stellantis.com at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on Thursday, July 28, 2022.
  • Details for accessing this presentation are available under the Investors section of the Stellantis corporate website at www.