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

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 .

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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. Elkann, 47, the ...

In a recent statement, Stellantis STLA Chairman John Elkann dismissed rumors of a potential merger with French automaker Renault RNSDF. What Happened: Elkann, on Monday, refuted the ongoing ...

Stellantis chairman John Elkann reportedly had denied the carmaker was planning to merge with Renault, responding to press speculation. According to Reuters, Elkann said his company was focused on ...

Groupe PSA and Fiat Chrysler Automobile’s (FCA) merger into Stellantis won’t be the last mega-deal, as traditional auto manufacturers huddle together for safety in the new world of electric ...

Stellantis CEO Carlos Tavares said the merger of Fiat Chrysler and PSA Peugeot will be a sheild against job cuts and that synergies will save five billion. ... unlike French rival Renault, ...

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 ...

Renault has a much lower market valuation than Stellantis, the product of a merger in 2021 between France's PSA group and Fiat Chrysler, with brands including Fiat, Peugeot and Jeep.

Renault shares pared gains after Elkann's comments to trade flat, having initially risen more than 4%. Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans, responding to ...