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Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland

Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear. .....»»

Category: topSource:  autonewsJul 30th, 2024

Daily 5 report for Oct. 7: Stellantis, already facing challenges, signals it"ll play hardball with the UAW

Once again, Stellantis is dominating our headlines with its latest challenge: playing hardball with the UAW. Last last week Stellantis filed nine lawsuits against the union, the first one in U.S. District Court in California, seeking to block any.....»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis files 8 more lawsuits to block UAW strike, says union wants to revive jobs bank

The automaker is suing the UAW and 24 of its local chapters around the U.S., saying a strike would amount to a breach of contract......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"

Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis sues UAW to stop strike over plant investments

Stellantis is taking legal action against the union's threat to walk off over delayed investments in some of Stellantis' assembly plants, including the shuttered Belvidere site......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Stellantis, Renault CEOs dismiss reports of merger

Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says

The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says

Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Toyota, Stellantis highest rated for diversity efforts

Toyota and Stellantis led the Rainbow PUSH Coalition Automotive Diversity Scorecard, achieving the highest marks in all six categories......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

EEOC sues Stellantis dealership over sex discrimination allegations

Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results

The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Stellantis extends production halt for electric Fiat 500 on poor demand

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis cuts 2024 profit outlook as US sales crisis deepens

Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»

Category: topSource:  theglobeandmailRelated NewsOct 1st, 2024

Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks

Stellantis is recalling 194,000 Jeep plug-in hybrids over fire risks after 13 fires were reported,.....»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis cuts 2024 forecast on costs for U.S., Chinese competition

The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said.  .....»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024

UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract

The union's grievances center around Stellantis' product and investment commitments made during contract negotiations last autumn......»»

Category: topSource:  autonewsRelated NewsSep 29th, 2024

TSMC rejects ‘Podcasting Bro’ Sam Altman’s $7 trillion fab plan

During last winter's PR blitz, TSMC executives reportedly called OpenAI Sam Altman a "podcasting bro" and balked at his $7 trillion, 36 fab plant proposal......»»

Category: topSource:  digitaltrendsRelated NewsSep 27th, 2024

Top 5 stories of the week: Stellantis succession planning; Carlos Ghosn loses battle over yacht

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsSep 27th, 2024

How risk executives can prioritize full stack technology coverage now

How risk executives can prioritize full stack technology coverage now.....»»

Category: topSource:  pcmagRelated NewsSep 27th, 2024

Daily 5 report for Sept. 25: Another Stellantis challenge: Advertising

When an automaker's sales fall, an advertising agency review is sure to follow......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024