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Ford, Nissan Could Jointly Develop Japanese Automaker's Next Electric SUV, Stellantis Also In The Mix: Report - Ford Motor (NYSE:F)
Benzinga· 2025-10-08 07:44
Group 1 - Ford Motor Co. and Stellantis NV are in discussions with Nissan Motor Co. to develop a new electrified SUV, potentially an updated version of the Rogue SUV [1][2] - The partnership may involve the use of Nissan's e-power Hybrid powertrain for a new Hybrid crossover SUV, with possibilities for jointly developing all-electric vehicles [2][3] - Nissan is open to strategic partnerships that complement its core model development, but no formal agreements have been established yet [3] Group 2 - A fire at Novelis' aluminum plant in Oswego, New York, which is a key supplier for Ford, may disrupt production, prompting Ford to seek alternative supply channels [4] - Ford has allowed Nissan to utilize half of its battery assembly plant in Kentucky, a joint venture with SK On, and has invested over $5 billion to enhance domestic manufacturing capabilities [5] - Stellantis is planning a $10 billion investment in the U.S. to strengthen its market position, potentially reopening manufacturing plants and launching new models [6]
玛莎拉蒂任命新CEO
Bei Jing Shang Bao· 2025-10-08 07:40
Jean-Philippe Imparato现将全职致力于推动玛莎拉蒂品牌和"Stellantis & You"业绩的提升,担任玛莎拉蒂 品牌CEO,并向Emanuele Cappellano汇报工作。 北京商报讯(记者 蔺雨葳)10月8日, 斯泰兰蒂斯(Stellantis)集团宣布对其领导团队架构进行调整。 Emanuele Cappellano将继续领导集团Pro One商用车业务,并同时被任命为集团欧洲区和欧洲品牌负责 人。 ...
Stellantis names new heads for Europe, manufacturing in latest executive shake-up
Reuters· 2025-10-08 07:28
Core Insights - Stellantis CEO Antonio Filosa has made significant changes to the company's leadership by appointing new heads for its European operations and global manufacturing shortly after the appointment of a new CFO [1] Group 1 - The reshuffle in Stellantis' top ranks indicates a strategic shift in management focus [1] - The timing of these appointments suggests a response to evolving market conditions and operational needs within the company [1]
SoftBank to acquire ABB's robotics unit for $5.4B in AI push
Invezz· 2025-10-08 07:21
Core Insights - SoftBank Group announced the acquisition of ABB's robotics division for $5.4 billion, indicating a significant investment in the integration of artificial intelligence and robotics [1] Company Summary - The acquisition represents one of SoftBank's most ambitious investments in the robotics sector, highlighting its strategy to capitalize on the growing convergence of AI and robotics [1] Industry Summary - This move underscores the increasing importance of robotics in various industries, as companies seek to enhance automation and efficiency through advanced technologies [1]
Francesco Ciancia Rejoins Stellantis to Lead Global Manufacturing
Globenewswire· 2025-10-08 06:02
Francesco Ciancia Rejoins Stellantis to Lead Global Manufacturing AMSTERDAM, October 8, 2025 – Stellantis N.V. today announces that Francesco Ciancia will rejoin the Company on November 1 as Global Head of Manufacturing and a member of the Stellantis Leadership Team (SLT). Ciancia has gained over two decades of global leadership experience in manufacturing engineering, plant management and lean production system application. He rejoins Stellantis from Mercedes-Benz, where he has served as Head of Mercedes ...
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery
Globenewswire· 2025-10-08 06:01
Core Insights - Stellantis N.V. announces new appointments to its leadership team as part of its strategy for recovery and growth ahead of the 2026 strategy presentation [1] Leadership Changes - Emanuele Cappellano is appointed as Head of Enlarged Europe and European Brands, while also leading Stellantis Pro One [2] - Jean-Philippe Imparato will focus on performance improvements at Maserati as CEO and Stellantis & You, reporting to Cappellano [2] - Herlander Zola is appointed Head of the South America region, succeeding Cappellano [2] - Samir Cherfan joins the leadership team while maintaining his role as Head of Middle East & Africa and Micromobility [3] - Grégoire Olivier is appointed Head of the China and Asia-Pacific region [3] - Francesco Ciancia will rejoin Stellantis as Global Head of Manufacturing starting November 1 [3] - Ralph Gilles joins as Global Head of Design [4] Leadership Team Composition - The updated Stellantis Leadership Team includes: - Antonio Filosa, CEO and North America & American Brands - Emanuele Cappellano, Enlarged Europe, European Brands & Stellantis Pro One - Herlander Zola, South America - Samir Cherfan, Middle East & Africa and Micromobility - Grégoire Olivier, China and Asia-Pacific - Davide Mele, Product Planning - Ned Curic, Product Development & Technology - Sébastien Jacquet, Quality - Monica Genovese, Purchasing - Scott Thiele, Supply Chain - Francesco Ciancia, Manufacturing (starting November 1) - Joao Laranjo, Chief Financial Officer - Xavier Chéreau, Human Resources - Clara Ingen-Housz, Corporate Affairs & Communications - Ralph Gilles, Design [6][7] Strategic Focus - The new appointments aim to promote exceptional talent and sharpen regional focus within the leadership team, particularly for Asia-Pacific and Middle East & Africa [5]
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery
Globenewswire· 2025-10-08 06:01
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery AMSTERDAM, October 8, 2025 – Building on the positive momentum established in recent months and ahead of the upcoming 2026 presentation of its updated strategy, Stellantis N.V. today announces the following new appointments to its Stellantis Leadership Team (SLT). Emanuele Cappellano is appointed Head of Enlarged Europe and European Brands, in addition to his current role leading Stellantis Pro One. Jean-Philippe I ...
Tesla, Ford, General Motors, and Stellantis: Why Auto Stocks Just Had A Bad Tuesday
Yahoo Finance· 2025-10-08 00:39
Core Points - The S&P 500 index ended its 7-day winning streak, declining 0.38% to 6,714.59, influenced by negative news from major U.S. automakers [1] - Ford, Tesla, and General Motors experienced significant stock declines due to various challenges, including tariffs, high interest rates, and weak consumer spending [2] Ford - A fire at a Novelis aluminum plant in New York may lead to a shortage of sheet aluminum for domestic automakers, particularly affecting Ford, which relies on it for its F-150 pickup [3] - Ford's stock fell over 6.1% in response to the news, and the issue may be addressed in an upcoming shareholder call [3] Tesla - Tesla announced cheaper, scaled-back versions of its Model 3 and Model Y sedans instead of a new low-cost vehicle, resulting in a stock decline of 4.45% [4] - The new models are priced at $39,990 for the Model Y and $36,990 for the Model 3, but they feature less range and fewer features compared to premium options [5] - The company faces challenges as consumer reluctance to make large purchases persists, impacting the electric vehicle market [6][7] General Motors and Stellantis - General Motors and Stellantis received a request from the government to return $1.1 billion in funding, adding to the negative sentiment in the automotive sector [8]
Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Yahoo Finance· 2025-10-07 21:11
Core Points - The Department of Energy is proposing significant cuts to federal funding, which could impact various startups and major automakers like Ford, General Motors, and Stellantis [1][2] - The proposed cuts include the cancellation of over $500 million in contracts awarded to more than a dozen startups, in addition to previous cuts of more than $7.5 billion announced by the Trump administration [2][3] Impact on Startups - Startups are expected to face substantial losses, with some awards being critical to their operations. The proposed cuts include new awards that have not been publicly announced yet [5] - Notable startups affected include Brimstone, which was granted $189 million to build a plant for low-carbon materials, and Anovion, which aimed to produce synthetic graphite for lithium-ion batteries [6] Impact on Automakers - General Motors stands to lose at least $500 million from a federal grant intended for retooling its Lansing Grand River Assembly Plant for electrified vehicle production [4] - Other automakers, including Daimler Trucks North America, Harley-Davidson, and Volvo Technology of America, are also slated to lose grants worth hundreds of millions [3] Specific Grants Affected - Li Industries received $55.2 million for recycling LFP batteries, while Sublime Systems was awarded $86.9 million for an ultra-low-carbon cement plant. Both are at risk of losing their funding [7]
Trump's DOE proposes cutting billions in grants for GM, Ford, and lots of startups
TechCrunch· 2025-10-07 21:11
Core Points - The Department of Energy is proposing significant cuts to federal funding, which could impact various startups and major automakers like Ford, General Motors, and Stellantis [1][2] - The proposed cuts include the cancellation of over $500 million in contracts awarded to more than a dozen startups, in addition to previous cuts of more than $7.5 billion announced by the Trump administration [2][3] Impact on Startups - Startups are expected to face substantial losses, with some awards being critical for their operations. The proposed cuts include new awards that have not been publicly announced yet [5] - Notable startups affected include Brimstone, which was set to receive $189 million for a plant to produce low-carbon materials, and Anovion, which aimed to build a factory for synthetic graphite [6] Impact on Automakers - General Motors could lose at least $500 million in grant money intended for retooling its Lansing Grand River Assembly Plant for electrified vehicle production [4] - Other automakers like Ford, Daimler Trucks North America, and Stellantis are also at risk of losing hundreds of millions in grants [3] Specific Grant Losses - Several building materials companies are on the list for proposed cuts, including CleanFiber and Hempitecture, which could lose $10 million and $8.4 million respectively [11] - TS Conductor, which produces advanced conductors for electric lines, is at risk of losing $28.2 million, which contradicts the administration's goals for energy dominance [12]