Stellantis Chairman John Elkann said on Monday the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault .

"We are Stellantis." ...

Stellantis’ CEO Carlos Tavares has dismissed rumours of a merger between Stellantis and Renault, calling it “pure speculation,” according to news agency reports.

Stellantis NV is focused on executing its business plans in key markets including Italy and isn’t considering a plan to merge with other manufacturers, Chairman John Elkann said.

Demand for electric vehicles is showing signs of recovering as prices for plug-in models are coming down, according to Stellantis NV and Renault SA.

This response comes after the Italian daily Il Messaggero suggested that the French government, Renault's major shareholder, was exploring a merger between the two groups.

Stellantis was formed by the merger of Peugeot and Fiat Chrysler, which closed in the first quarter of 2021 on Jan. 16. In 2021, chip crisis affected pro forma total unit volume was 6.1 million ...

Demand for electric vehicles is showing signs of recovering as prices for plug-in models are coming down, according to Stellantis NV and Renault SA.

Stellantis Tie-up With Renault: "There is no plan under consideration regarding merger operations with other manufacturers," said Elkann, who also heads Exor, the Agnelli family holding company ...

Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault.