Stellantis in the Electric Business
Carmaker says it aims to produce own energy for manufacturing, as it debuts EV Jeep Avenger.
Stellantis CEO calls the Avenger the first "pure-EV Jeep."
IMAGE: Stellantis
As it unveiled the electric Jeep Avenger, Stellantis told CNBC it will generate half the energy it needs for production by the middle of the decade.
CEO Carlos Tavares revealed the carmaker’s energy-production plans in an interview at the Paris auto show.
Tavares called the Avenger the first “pure-EV Jeep.” It’s scheduled to be in showrooms next year, and reservations for it will open next week.
The carmaker is targeting all of its passenger sales in Europe to be battery electric models by 2030, and half of passenger car and light-duty truck BEV sales in the U.S. by that year.
Other carmakers, including Mercedes-Benz, are also planning their own energy-production.
Stellantis was formed in 2021 via a 50-50 merger of Fiat Chrysler and the French PSA Group.
Originally posted on Auto Dealer Today
More F&I
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →