Tag: Dodge

Industry Focus Areas, Motorized Vehicle

Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders

February 22, 2023

Via: The Wall Street Journal

Stellantis is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.6 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in electric-vehicle sales. Stellantis […]

Industry Focus Areas, Motorized Vehicle, Regulations

Sanctions Leave Jeep Maker Stellantis’s Russian Plant in Limbo

February 23, 2022

Via: The Wall Street Journal

Stellantis NV is prepared to shift or limit production in Russia if Western sanctions disrupt those operations, the auto maker’s CEO said Wednesday, a sign of how the car industry is navigating the fallout of Russian President Vladimir Putin’s decision […]