US EditionStellantis Warns of Possible Factory Closures Due to EU Emission ...
- On Wednesday, Stellantis warned it may close factories in Europe due to weak electric van sales and the risk of hefty EU CO₂ fines.
- EU climate rules requiring 24% electric van sales by 2027 threaten Stellantis with €2.6 billion in fines if current levels persist, prompting factory closure warnings.
- Imparato warned that if fines are paid, Stellantis will have to shut factories or push heavily on electric vehicle production.
- Stellantis warns EU fines could lead to factory closures, risking job losses in Europe, including the recent shutdown of its Luton plant with 1,200 jobs lost.
- Future EU emission regulations will impose stricter targets, with fines potentially due within two to three years if policies remain unchanged.
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Jean-Philippe Imparato, on a visit to Hordain's factory, launched an alarm call on Wednesday: If Brussels does not urgently relax its regulation on CO2 emissions from utilities, European sites making vans will close. And very soon.
·Paris, France
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The Detroit NewsReposted by 
Greater Milwaukee Today
Greater Milwaukee TodayRam CEO Tim Kuniskis promoted to oversee American brands as SRT division returns
In the newly-created role, Tim Kuniskis will work across Stellantis NV's U.S. brands on product, marketing and dealer issues, the automaker said.
·Detroit, United States
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For Jean-Philippe Imparato, the tightening of European standards threatens the future of several sites, especially for commercial vehicles.
·Paris, France
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Electric vehicles (pickup) are not sold and European goals are unattainable, which threatens to close factories, warned today the head of the Stellantis group in Europe.
·Belgrade, Serbia
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Coverage Details
Total News Sources40
Leaning Left6Leaning Right3Center5Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 36%
R 21%
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