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Horse Powertrain working with Leapmotor, Chery and JAC for global markets, executive says
Reuters· 2025-10-15 13:52
Engine developer Horse Powertrain is working on vehicle projects with Chinese automakers Leapmotor , Chery and Jianghuai Automobile to tap global markets outside China, an executive said on Wednesday. ...
Stellantis CEO Antonio Filosa on $13B U.S. investment: Largest single investment in company history
Youtube· 2025-10-15 12:41
Stalan is unveiling a$1 13 billion investment in US manufacturing right here in this country. Philau joins us with a very special guest to discuss this big news. Phil Andrew, thank you very much.Antonio Felosa, we're at the end of the line here in Toledo for the Wrangler Rubicon coming off. Let's talk about the $13 billion investment. Uh 5,000 new jobs, five new products, increasing your production by 50% in the United States.How urgent is the need to kickstart sales here in the US. Oh, very well. And thank ...
Stellantis' $13 billion investment plan in US wins nod from investors, analysts
Reuters· 2025-10-15 11:31
Stellantis' new $13 billion investment plan in the U.S. marks a key step to countering tariffs imposed by President Donald Trump and to reviving the automakers' sales in its main market, investors and analysts said on Wednesday. ...
Wall Street Breakfast Podcast: Stellantis Bets On U.S.
Seeking Alpha· 2025-10-15 10:53
jetcityimage/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Stellantis ( STLA ) shares jolted higher by $13B investment in U.S. manufacturing. (00:23) Netflix ( NFLX ) to carry video podcasts under new tie-up with Spotify ( SPOT ). (01:40) JPMorgan CEO Jamie Dimon says it’s ‘ semi-rational ’ to own gold. (02:55)This is an abridged transcript. Stellantis (NYSE:STLA) announced plans to invest $13B over the next four years to expand its manufacturing capabilitie ...
Wall Street Breakfast Podcast: Stellantis Bets On U.S. Production
Seeking Alpha· 2025-10-15 10:53
Company Investment - Stellantis (NYSE: STLA) announced a historic $13 billion investment over the next four years to enhance its manufacturing capabilities in the U.S. [3] - This investment will support the production of five new vehicles and aims to increase overall production by 50% compared to current levels, along with introducing 19 refreshed products and updated powertrains by 2029 [3][4]. Specific Allocations - The investment includes $600 million to reopen the Belvidere Assembly Plant for Jeep production, $400 million to upgrade the Toledo Assembly Complex for Wrangler and Gladiator models, and additional funding for the Warren Truck plant to develop a new range-extended EV and ICE SUV [5]. - There will also be investments in Kokomo, Indiana, to produce the GMET4 EVO engine, which will help mitigate approximately $1.74 billion in tariff costs on affected vehicles and components [5]. Market Reaction - Following the announcement, Stellantis shares saw a premarket increase of 0.4% after previously closing over 2.5% lower, with a peak increase of 5% noted in premarket trading [6].
Stellantis targets US expansion with $13bn investment
Yahoo Finance· 2025-10-15 10:32
Core Points - Stellantis plans to invest $13 billion over the next four years to enhance its presence in the US market and expand domestic manufacturing, marking the largest investment in its 100-year history in the US [1] - The investment aims to increase annual finished vehicle output in the US by 50% compared to current levels, alongside the launch of five new vehicles and a regular schedule of 19 refreshed products through 2029 [2] Investment Details - In Illinois, over $600 million will be invested to reopen the Belvidere Assembly Plant for Jeep Cherokee and Jeep Compass production, with initial production expected in 2027 [3] - Ohio will receive nearly $400 million to move assembly of a new midsize truck to the Toledo Assembly Complex, with production anticipated in 2028 [4] - Michigan plans include around $100 million to retool the Warren Truck Assembly Plant for a new range-extended electric vehicle and large SUV, with production starting in 2028 [5] - Indiana will see over $100 million invested in Kokomo facilities for the production of a new four-cylinder engine, with manufacturing set to begin in 2026 [6] Operational Context - Stellantis operates 34 manufacturing facilities, parts distribution centers, and research and development locations across 14 states in the US [6] - The company reported a rise in consolidated shipment estimates for the quarter ending September 30, 2025, driven by strong North America sales [7]
Stellantis签署新投资协议,为何盯上这一地?
Zhong Guo Qi Che Bao Wang· 2025-10-15 09:11
10月14日,据外电报道,Stellantis与阿联酋有关方面签署战略合作协议,其核心将是在阿布扎比打造一体化汽车生态系 统。根据协议,Stellantis将依托专业技术及阿布扎比物流基础设施、相关商业环境等市场优势基础上,共同探索当地汽车 产业投资机遇。 构建中东汽车生态 据报道,这一合作堪称汽车产业与区域经济融合的样本之一,目标是打造覆盖汽车制造、物流、技术研发的全链条汽车生 态系统。在全球汽车产业加速变革的大背景下,此次Stellantis与中东国家的合作具有非凡的战略意义。 据透露,此次双方将重点探索新能源汽车生产、零部件制造及区域分销网络建设。在新能源汽车生产方面,顺应全球汽车 产业向新能源转型的趋势,利用阿布扎比的资源和政策优势,结合Stellantis的技术,有望打造出具有竞争力的新能源汽车生产基 地。零部件制造则可以依托当地的产业基础和物流优势,实现零部件的本地化生产,降低生产成本,提高供应效率。区域分销 网络建设能够充分利用阿布扎比的区位优势,将产品辐射到更广泛的市场。 谁也没想到,"遍地黄金"的阿联酋,这次竟然被Stellantis盯上了。 对于Stellantis而言,依托阿布扎比的港口 ...
Here's How Texas Residents Can Still Avail $2,500 On EVs Despite Trump Ending Federal EV Credit - Tesla (NASDAQ:TSLA)
Benzinga· 2025-10-15 08:33
Core Points - Texas customers can still receive incentives worth $2,500 on electric vehicles (EVs) despite the termination of the Federal EV Credit by President Donald Trump on September 30 [1] Group 1: Incentives and Eligibility - Customers who purchased or leased vehicles on or after September 1 in Texas can apply for the incentive, provided they acquired the title during the same period [2] - Eligible vehicles include those with a gross vehicle weight rating of 10,000 pounds or less, including cars and small to medium-sized trucks, as well as vehicles operating on compressed natural gas (CNG), liquefied petroleum gas (LPG), hydrogen fuel cells, or electric drive [3] - Individuals, corporations, government agencies, and other legal entities can avail themselves of the benefits, with Texas offering up to $5,000 for CNG and LPG vehicles [3] Group 2: Eligible Vehicle Models - The list of eligible vehicles includes all Tesla models (S, X, Y, 3, and Cybertruck) and various models from General Motors and Ford, such as the F-150 Lightning, Mustang Mach-E, Chevrolet Blazer EV, and Cadillac Lyriq [4] - Rivian's R1S and R1T are also eligible, along with Stellantis models like the Dodge Charger and Jeep Grand Cherokee [5] Group 3: Automaker Responses - In response to the end of the EV credit, multiple automakers have offered extensions on EV incentives, although Ford and GM have scaled back their incentives [6] - Automakers reportedly made down payments for units to dealers through their financial arms to qualify for the EV credit [6]
Stellantis to recall over 298,000 US vehicles over rollaway risk
Reuters· 2025-10-15 07:27
Group 1 - Stellantis is recalling 298,439 Dodge Dart vehicles in the U.S. due to a shifter cable defect [1] - The defect could disable the park function, allowing the vehicle to roll away [1] - The recall was announced by the U.S. National Highway Traffic Safety Administration [1]
Stellantis(STLA.US)百年来最大投资:计划在美投入130亿美元、目标年产量提升50%
智通财经网· 2025-10-15 02:45
智通财经APP获悉,Stellantis(STLA.US)表示,未来四年将向美国投资 130 亿美元,旨在重振其在这一 关键市场的业务,并减轻关税带来的影响。该公司周二在一份声明中表示,这一举措是其逾 100 年历史 中规模最大的一笔投资,将使每年的成品车产量较目前水平提高 50%。该总额包括研发、供应商成本 以及制造业务方面的投资。 该计划标志着这家陷入困境的汽车制造商迄今为止在重建其在美国遭受重创的业务方面所做出的最大努 力。在美国,该公司市场份额的下降部分是由于产品线老化所致。 美国汽车工人联合会称赞Stellantis的这笔投资是其成员们的一次"重大胜利"。美国汽车工人联合会主席 Shawn Fain表示:"他们今天的这一决定证明,有针对性的汽车关税实际上能够将数以千计的优质工会 工作岗位带回美国。华尔街和那些所谓的行业专家曾断言这是不可能实现的。但由自由贸易引发的恶性 竞争终于要结束了。" 1 月份,在与特朗普会面后,Stellantis表示将在贝尔维迪尔工厂生产一款中型皮卡。该车型现已被转移 至俄亥俄州托莱多的工厂,并计划于 2028 年开始生产。 该公司还将在其位于密歇根州沃伦市的工厂推出一款全 ...