Stellantis CEO says hybrids are a top priority for the US market [Yahoo! Finance Canada]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance Canada
DETROIT, Dec 4 (Reuters) - Stellantis CEO Antonio Filosa said on Thursday that the automaker is focusing on hybrid production ?in the U.S. market, a shift from his predecessor's focus on ?fully-electric models. "We truly believe that hybrid is going to be one of the favorite powertrains in ?the U.S.," Filosa said, speaking at a conference organized by Goldman Sachs. He clarified that the automaker is focusing more on traditional hybrids rather than plug-in hybrid models, for which he doesn't see the same demand. Filosa highlighted the automaker's Jeep Cherokee hybrid, ?and said Stellantis is trying ?to expand offerings across its lineup. The CEO is trying to reverse steep market-share losses in the U.S. that contributed to the ?departure of his predecessor, former CEO Carlos Tavares, who abruptly left one year ago. The new head of Stellantis, which has 14 brands including Chrysler, Ram and Jeep, began in ?his role about six months ago following a lengthy search to replace T
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- Canada may pull its aid to Stellantis for moving production to U.S. [Yahoo! Finance]Yahoo! Finance
- Michigan Matters: Gearing up for the Motor City's biggest show [CBS News]CBS News
- Stellantis in default of Canadian aid package for moving Jeep line to US [Seeking Alpha]Seeking Alpha
- Stellantis' Shares to Win Employee Purchase Plan Reaches 22 Million Shares Subscribed in Over Three Years [Yahoo! Finance]Yahoo! Finance
- Stellantis’ Shares to Win Employee Purchase Plan Reaches 22 Million Shares Subscribed in Over Three YearsGlobeNewswire
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