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LaFontaine Automotive sells two Stellantis dealerships in Michigan

LaFontaine Automotive plans to use capital gained from divestitures to add dealerships in targeted markets......»»

Category: topSource:  autonewsNov 21st, 2023

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

Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 5th, 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

GM halts production at pickup, SUV plants after Hurricane Helene impacts suppliers

The automaker said it canceled all shifts Oct. 3 and Oct. 4 at Arlington Assembly in Texas and Flint Assembly in Michigan......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Top 5 stories of the week: Lackluster Q3 vehicle sales; McLaren"s fastest supercar

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

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Smaller crossovers, pickups outpace market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

How to watch Oregon vs. Michigan State football without cable

The best live streaming services to watch the Oregon Ducks vs. Michigan State college football game without cable. Wondering how to watch college football this season? Here are your best options:.....»»

Category: topSource:  informationweekRelated NewsOct 4th, 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

Rainbow PUSH Automotive Project presses ahead amid DEI backlash

Despite Ford's pullback on DEI efforts, the chairman of the Rainbow PUSH Coalition Automotive Project sees the industry continuing to be more inclusive......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

New microchip captures exosomes for faster, more sensitive lung cancer detection from a blood draw

A new way of diagnosing lung cancer with a blood draw is 10 times faster and 14 times more sensitive than earlier methods, according to University of Michigan researchers......»»

Category: topSource:  physorgRelated NewsOct 3rd, 2024

CDK ordered to transfer dealership data for Asbury-Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury dealerships for use in the group's planned Tekion pilot there......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 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

Tim Cook sells $50M worth of AAPL shares, but the timing is coincidental

Apple CEO Tim Cook has sold AAPL shares worth more than $50M at a time when the stock is close to an all-time high – but the timing is coincidental. The stock value broke $200 per share back in June, hitting a record $236 in July. There’s been.....»»

Category: topSource:  marketingvoxRelated NewsOct 3rd, 2024

Judge orders CDK to transfer dealership data for Asbury Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury's dealerships for use in the group's planned Tekion pilot there......»»

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

Auto industry risks from port strike to rise exponentially each day, analysts say

One day after the port strike on the East and Gulf coasts began, the backlog of automotive parts that some suppliers and automakers import into the U.S. grew by about a week, according to an industry trade expert......»»

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