The Latest Breaking News from STLA

The automotive industry is expected to witness solid growth in the long run, driven by sustained demand, increased adoption of electric vehicles, and supportive federal policies. Electric vehicle (EV) giant Tesla (TSLA) has witnessed a steady downtrend this year on several concerns. Therefore, it could be wise to invest in…

Despite widespread recession concerns, Jim Cramer believes that the market could see an outsized rally in the near term as per historical trends. Given this backdrop, we think investors should load up Pfizer (PFE), Stellantis (STLA), APA Corporation (APA), Ryerson Holding (RYI), and Forrester Research (FORR), which are trading under…

The auto industry has witnessed a solid sales recovery from the pandemic lows. Moreover, growing investment in clean technology is expected to drive the auto industry’s long-term growth. Hence, fundamentally strong auto stocks Volkswagen (VWAGY), Stellantis (STLA), and Honda Motor (HMC) might be solid investments. However, Mullen Automotive (MULN) might…

Someone with a lot of money to spend has taken a bearish stance on Stellantis (NYSE:STLA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Demand for automobiles remained steady despite soaring prices and supply chain bottlenecks. Moreover, given the robust growth prospects of the industry, it could be wise to consider buying shares of top-rated automakers Stellantis (STLA), HondaMotor (HMC), and Subaru (FUJHY). However, fundamentally weak Mullen Automotive (MULN) is best avoided now. Read…

The automotive industry has been witnessing robust demand despite the rising prices. Moreover, intensive investments and rapid technological advancements are expected to drive growth in the coming years. Given this backdrop, we think investors should consider buying the dip in auto stocks Honda Motor (HMC) and Stellantis (STLA). Read on….

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January.  Funds generated from the tax will help restore the Salton Sea region from…

Stellantis NV (NYSE:STLA) has launched a primary care health and wellness center in Toledo, Ohio, in collaboration with ProMedica Health System. Starting July, the health-care center will serve more than 9,500 employees and their families working and living within a 15-mile radius of the facility. The 12,000-square-foot health and wellness center will feature 13 examination rooms…

Stellantis NV (NYSE:STLA) has made a €50 million (A$76 million) equity investment in Vulcan Energy Resources Ltd (OTC:VULNF) and has extended its original binding offtake agreement to ten years. Vulcan is a lithium producer and intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource in Germany. The investment…

Samsara Inc (NYSE:IOT) entered into a partnership agreement with Free2move, the global fleet, mobility, and connected data company that is part of Stellantis N.V. (NYSE:STLA).  The integrated solution enables data from eligible Stellantis factory-installed telematics devices to be pulled into Samsara's Connected Operations Cloud with no installation or additional hardware required. Samsara's integration with Free2move…

The auto manufacturing industry is expected to witness a solid recovery with the rising demand for zero-emission vehicles and government and private efforts to resolve the semiconductor shortage. So, it could be wise to scoop up shares of the fundamentally-strong automotive companies Honda Motor (HMC) and Stellantis (STLA), offering more…