News

Renault SA lowered its profitability outlook for the year and named its finance chief Duncan Minto its interim chief ...
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 .
Renault slashed its financial targets for the year due to a worsening automotive market and stiff competition and appointed industry veteran Duncan Minto as interim chief executive.
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.
Stellantis (NYSE:STLA) shares are expected to remain under pressure again on Thursday, and limped into the open amid worries about the carmaker’s leadership, merger rumors, and a downgrade at ...
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.