Stellantis News Updates

Stellantis and Unifor stopped negotiating after Roshel said it had signed a memo that outlines steps toward buying an idled Toronto-area plant from the automaker. 

Stellantis showcased more than 60 vehicles from eight brands, including nine concept cars, at the Paris auto show.

Production downtime affected Jeep models including the Grand Cherokee and Compass in the July-September period, though it was partially compensated for by a stronger Ram performance.

The long-range battery shortage points to the need for automakers such as Stellantis to adjust production plans amid a spike in EV demand caused by the war on Iran.

The plant has been idle since late 2023 and Stellantis reversed Jeep Compass production plans after tariff threats on foreign-made vehicles.

Stellantis signed a memorandum with a Canadian armored vehicle manufacturer that outlines steps toward the sale of an idled car factory near Toronto.

Most of the vehicles Canada produces are exported to the U.S., but the trade war and the lack of a new product earmarked for the factory have clouded its future.

The recall affects nearly 850,000 Jeep, Chrysler, Dodge and Ram vehicles in the United States from model years 2026 and 2027, Stellantis said Aug. 17.

Adjusted operating income of $335 million in Q2 came in below analyst estimates, with Stellantis on July 30 citing high raw-material costs and weak pricing in Europe.

Branden Coté, a former executive at AutoNation, will take over the marquee Jeep division Aug. 3. Matt VanDyke, a former Ford executive, will lead the Ram truck brand.