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Automaker Stellantis on Saturday said it has appointed Shailesh Hazela as CEO and Managing Director of India operations. Hazela succeeds Aditya Jairaj, who will be relocating to the US. Previously, Hazela served as Vice President, Global Purchasing and Supply Chain for India & Asia Pacific region for Stellantis. He brings a wealth of experience and a proven track record in driving growth and innovation, the company said in a statement. Since joining Stellantis in September 2022, Hazela has focused on leveraging the supply base across India, ASEAN, Korea, Japan, and other regions, and developing the supply base for Stellantis in India & Asia Pacific (IAP) region, it added. "Shailesh's strategic vision and extensive experience will be instrumental in driving growth and innovation in the Indian market. We are confident that Shailesh will lead the company fostering sustainable business growth," Stellantis IAP region COO Ashwani Muppasani said. Stellantis operates three ...
Jeep India, a part of the automotive group Stellantis, on Tuesday introduced its new SUV Meridian and the deliveries will begin in June 2022. The Meridian is the company's first three-row SUV designed and engineered specifically for India. It will come with a 2-litre turbo diesel engine with nine speed automatic and six speed manual transmission options, the company said. The model is among the three new products along with Grand Cherokee and Compass Trailhawk that are being launched in India this year. The company had launched the Compass Trailhawk in February at an introductory price of Rs 30.72 lakh (ex-showroom). Stellantis India CEO & Managing Director Roland Bouchara said all these will be produced from the company's Ranjangaon plant in Maharashtra and shows the company's commitment to the Indian market. In a virtual conference, he said in the last two years the company has invested USD 250 million on the development of five products, including Wrangler and Compass, for the