Stellantis has halted production in Russia due to escalating sanctions and logistical challenges, which have severely impacted its operations at the Kaluga plant. Holding a 1% share of the local car market, the company has also ceased all exports and imports following Ukraine's invasion and plans to freeze future investments in the country. To support affected staff, Stellantis will continue paying salaries through a local downtime scheme, despite uncertain timelines for the operational halt. This move has contributed to a 3.6% decline in its share prices during pre-market trading.
“Stellantis · has appointed · Jean-Michel Billig · Chief Technology Officer for hydrogen fuel cell vehicle development”
“Stellantis · began customer deliveries of · Hydrogen Fuel Cell Zero Emission solution · late last year”
“Stellantis N.V. · announced · First Quarter 2022 Shipments and Revenues release date · May 5, 2022”
“Stellantis N.V. · will begin · live audio webcast and conference call · 1:00 p.m. CEST / 7:00 a.m. EDT on May 5, 2022”
“Stellantis N.V. · will post · press release and presentation material · 8:00 a.m. CEST / 2:00 a.m. EDT on May 5, 2022”
“Stellantis · earns · 2022 Best Employers: Excellence in Health Award · true”
“Stellantis · earns · Excellence in Mental Health Award · true”
“Stellantis · is among · 44 major U.S. employers · true”
“Stellantis · is one of · 21 recipients of the Excellence in Mental Health award · true”
“Stellantis · is committed to · promoting a culture of health and well-being · true”
“Stellantis · provides · variety of integrated health plans · true”
“Stellantis · has opened · three near-site family health and wellness centers · true”