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Stellantis CEO's total compensation jumps 56% to €36m in 2023

Stellantis CEO Carlos Tavares' total compensation in 2023 rose 56% to €36.49m (about R756.8m), the Italian-American carmaker with brands including Chrysler and Fiat said on Thursday. ....

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Car manufacturer Stalantis says will build 1 million cars in Italy

To reverse a downward trend in auto production, Fiat parent Stellantis and the Italian government said they aimed to jointly increase annual car production in Italy to one million units annually ....

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Fiat Chrysler, PSA to seal merger to become Stellantis

Fiat Chrysler, PSA to seal merger to become Stellantis
It took over a year for the Italian-American and French automakers to finalise the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic
Reuters | January 16, 2021 | Updated 14:28 IST
Fiat Chrysler and PSA will seal their long-awaited merger on Saturday to create Stellantis, the world s fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen. It took over a year for the Italian-American and French automakers to finalise the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic. They first announced plans to merge in October 2019, to create a group with annual sales of around 8.1 million vehicles. ....

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