Stellantis is real, Rivian is nearly here
Stellantis—the Fiat Chrysler/Peugeot combination company—has been created, and a management team has been appointed. The plans are currently to keep all the plants open, improve Italian plants’ productivity, and give every one of the 14 different brands room to grow before, possibly, making cuts. Details at Mopower.
American electric truck-and-van maker Rivian, meanwhile, has raised another $2.7 billion as it prepares to deliver cars from its former-Mitsubishi plant in Illinois. The R1T electric pickup is the first out of the gate, beating the rest of the world, if it really does appear in early June (and nobody else’s pickups do). The company plans to have 41 service centers before the first R1T is sold.
The R1T will cost $75,000 at first, with a $67,500 model following; the R1S electric SUV will run $77,500; and the electric Amazon van will presumably be cheaper. Amazon has ordered 100,000 vans with a follow-on option for the same number.
Clark Westfield grew up fixing up and driving past-their-prime American cars, including various GM and Mopar V8s. He has ghostwritten auto news for the last few years, lives in Farmingdale, New York, and can be reached at +1.516-531-4021.