The solution to high-priced EVs may not be something Canadians want [Globe and Mail, The (Toronto, Canada)]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Globe and Mail, The
When the all-electric 2024 Fiat 500e hits dealerships in Quebec and B.C. in May, it will be the only 2024 EV with a suggested retail price of less than $40,000. “Millennials need a vehicle and there's not much out there at this price, even with [a gas engine] any more,” said Mike Szymkiewicz, head of product planning at Stellantis Canada, Fiat Canada's parent company. “Affordability is a huge issue for people right now.” While the starting price for the base model is $39,995, it comes to $42,190 after adding in fees. That's before taxes, the $5,000 federal rebate and provincial rebates The Chevrolet Bolt was cheaper – it starts at $41,572 after freight and other fees but before taxes and rebates – but GM discontinued it last year and, despite rumours, it's not clear if it's coming back. So, with Quebec's $7,000 rebate, which is being phased out by 2027, the 500e will cost $30,190 before taxes. With British Columbia's income-based up to $4,000 rebate , it will cost as little a
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STLA
News
- Trudeau confronted with unions' concerns about sidelining of Canadian workers at Windsor EV plant [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stellantis (STLA) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Weekly Report (April 19-25, 2024) on the First Tranche of Stellantis 2024 Share Buyback ProgramGlobeNewswire
- Protocase Hosts Federal Opposition Leader Pierre Poilievre on Site Tour and Meet-and-Greet [Yahoo! Finance]Yahoo! Finance
- Stellantis (STLA) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 4/26/24 - Form 6-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- STLA's page on the SEC website