Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Stellantis Employees Rewarded with €2B Bonus Worldwide

Stellantis today announced it will distribute a record amount of €2 billion this year recognizing the performance of employees worldwide, based on the Company’s 2022 financial results and achievements both globally and locally.

Stellantis achieved exemplary results in 2022, a year that challenged the global automotive industry with continuing supply chain constraints. The year also marked the launch of the Dare Forward 2030 strategic plan, which is transforming the Company into a sustainable mobility tech leader. With a “Care” pillar dedicated to employees, customers and the environment, the plan places Stellantis at the competitive forefront to offer cutting-edge freedom of mobility.

“Thanks to Stellantis’ record performance results achieved in 2022, we will be distributing more than €2 billion in profit-sharing and variable bonus to Stellantis employees across the world,” said Stellantis CEO Carlos Tavares. “It’s €200 million more than last year and it is a fair recognition of the contribution of all Stellantis employees to make Stellantis win in a very demanding economic context. When the Company does well, all employees do well – that’s what our pay-for-performance culture is all about.”


Information Source: Read More

Energy Monitors , Electric Power , Natural Gas , Oil , Climate , Renewable , Wind , Transition , LPG , Solar , Electric , Biomass , Sustainability , Oil Price , Electric Vehicles,


Stellantis Delivers Record Full Year 2022 Results; Global BEV Sales Up 41%.

Stellantis N.V. posted record full year 2022 results with €16.8 billion Net profit and €23.3 billion Adjusted Operating Income (AOI), and demonstrated fast progress on Dare Forward 2030 as the Company gained momentum on electrification, software development and vertical integration at a pivotal time for the industry.

  • Net revenues of €179.6 billion, up 18% compared to 2021 Pro Forma(1) reflecting strong net pricing, favorable vehicle mix and positive FX translation effects
  • Net profit of €16.8 billion, up 26%(1)
  • Adjusted operating income(2) up 29%(1) to €23.3 billion, with 13.0% margin, exceeds 2030 target of >12%; all segments contributing to both top and bottom line growth
  • Industrial free cash flows(3) of €10.8 billion, up 78%(1), showing early progress toward 2030 objective of >€20 billion
  • Net cash synergies of €7.1 billion, more than two years ahead of €5.0 billion annual steady state target
  • Strong balance sheet, with Industrial available liquidity at €61.3 billion
  • No. 1 EU30 Commercial Vehicles BEV sales, No. 2 EU30 Overall BEV sales, No. 1 U.S. PHEV sales
  • First U.S. BEV, Ram ProMaster, arrives 2023
  • 23 BEV nameplates now in market, 9 additional BEVs in 2023
  • €4.2 billion ordinary dividend corresponding to €1.34 per share to be paid, subject to shareholder approval
  • Board approved program to buyback company shares for a value of up to €1.5 billion, to be executed in the open market by end 2023
#FOLLOW US ON INSTAGRAM