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Stellantis N.V. (0QXR.IL)

IOB - IOB Delayed price. Currency in EUR
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20.660.00 (0.00%)
At close: 04:29PM BST
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  • Reuters

    Stellantis CEO: electric vehicle tariffs are a trap

    MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group's Chief Executive Carlos Tavares said on Wednesday. The EU is expected to decide next month on whether to follow the U.S. in imposing additional tariffs on Chinese carmakers. Tavares said tariffs on Chinese vehicles imported to Europe and the United States are "a major trap for the countries that go on that path" and will not allow Western automakers to avoid restructuring to meet the challenge from lower cost Chinese manufacturers.

  • The Telegraph

    Fiat to remove Italian flag from cars built in Poland after row with Meloni

    The owner of Fiat is removing the Italian flag from the bumpers of cars produced in Poland after clashes with Giorgia Meloni’s government over “made in Italy” branding.

  • Reuters

    Stellantis removes Italy flag from Polish-made Fiat 600 in dispute with Rome

    Stellantis is removing the Italian flag from the rear bumpers of its Polish-produced Fiat 600 after Italian authorities repeatedly accused the carmaker of being misleading over the origin of vehicles produced abroad. "Stellantis is firmly convinced that it has always acted with complete propriety in this regard," it said in a statement. The news was initially reported by Milano Finanza on its website.