Stellantis Invests €4 Billion in Spanish Gigafactory
Stellantis and CATL will invest over €4 billion in Spain, building a Zaragoza battery gigafactory and a new electric vehicle production platform, exceeding prior expectations and contrasting with halted projects in other European countries.
Stellantis Invests €4 Billion in Spanish Gigafactory
Stellantis and CATL will invest over €4 billion in Spain, building a Zaragoza battery gigafactory and a new electric vehicle production platform, exceeding prior expectations and contrasting with halted projects in other European countries.
Progress
16% Bias Score
Stellantis CEO Resigns Amidst Strategic Differences
Stellantis CEO Carlos Tavares resigned due to differing long-term visions with the board, prompting Chairman John Elkann to announce a temporary executive committee to lead the company until a new CEO is appointed in the first half of 2025.
Stellantis CEO Resigns Amidst Strategic Differences
Stellantis CEO Carlos Tavares resigned due to differing long-term visions with the board, prompting Chairman John Elkann to announce a temporary executive committee to lead the company until a new CEO is appointed in the first half of 2025.
Progress
36% Bias Score
French Political Tensions Trigger European Market Decline
European stock markets fell today amid concerns about a potential political crisis in France, triggered by far-right leader Marine Le Pen's budget dispute threats; the euro dropped 0.7% against the dollar, while French bonds saw yields rise significantly.
French Political Tensions Trigger European Market Decline
European stock markets fell today amid concerns about a potential political crisis in France, triggered by far-right leader Marine Le Pen's budget dispute threats; the euro dropped 0.7% against the dollar, while French bonds saw yields rise significantly.
Progress
32% Bias Score
Stellantis CEO Carlos Tavares Abruptly Resigns
Stellantis CEO Carlos Tavares unexpectedly resigned on December 1st, 2024, after a unanimous board decision in Amsterdam; John Elkann will serve as interim CEO while a replacement is sought.
Stellantis CEO Carlos Tavares Abruptly Resigns
Stellantis CEO Carlos Tavares unexpectedly resigned on December 1st, 2024, after a unanimous board decision in Amsterdam; John Elkann will serve as interim CEO while a replacement is sought.
Progress
44% Bias Score
Stellantis CEO Resigns, Stock Plummets 7%
Stellantis CEO Carlos Tavares resigned unexpectedly, causing a 7.33% stock drop; disagreements over mergers and challenges in North America contributed to his departure; the successor search is underway.
Stellantis CEO Resigns, Stock Plummets 7%
Stellantis CEO Carlos Tavares resigned unexpectedly, causing a 7.33% stock drop; disagreements over mergers and challenges in North America contributed to his departure; the successor search is underway.
Progress
52% Bias Score
Italian Car Sales Plunge 10.8% in November Amidst Rising Prices
Italian car registrations fell 10.8% in November 2023 to 124,251 units, with Stellantis experiencing a 24.6% drop; high prices are shifting demand to used cars, increasing the overall vehicle count and average age, creating safety and environmental concerns.
Italian Car Sales Plunge 10.8% in November Amidst Rising Prices
Italian car registrations fell 10.8% in November 2023 to 124,251 units, with Stellantis experiencing a 24.6% drop; high prices are shifting demand to used cars, increasing the overall vehicle count and average age, creating safety and environmental concerns.
Progress
40% Bias Score