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Stellantis CEO Carlos Tavares" compensation jumps 56% to $40M

Tavares' 2023 pay included an $11 million transformation incentive to meet milestones tied to challenges the industry is facing on global mobility, technology and the electrification of vehicles......»»

Category: topSource:  autonewsFeb 23rd, 2024

Top 5 stories of the week: VW drops in-house loans; UAW pressures Stellantis

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

Category: topSource:  autonewsRelated NewsSep 20th, 2024

Stellantis taking heat from dealers, UAW amid EV push

As Stellantis tries to build sales momentum in the U.S. and presses forward with its EV offensive, it's facing unrest among several constituencies that are monumentally important to its success......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2024

Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud

An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2024

Carlos Ghosn lieutenant Greg Kelly heads to make-or-break appeal verdict in Nissan criminal trial

Defense lawyer for former American Nissan Director Greg Kelly tells Tokyo court that testimony of a key government witness is uncredible and undermines his prosecution......»»

Category: topSource:  autonewsRelated NewsSep 19th, 2024

Racial and gender bias in US crime victim compensation programs highlighted in report

Significant racial and gender disparities exist in U.S. crime victim compensation programs, revealing Black and Indigenous people as well as survivors of gender-based violence face unique challenges in obtaining financial support, according to a new.....»»

Category: topSource:  physorgRelated NewsSep 18th, 2024

Stellantis working hard to avoid Volkswagen plant closure scenario, CEO says

Stellantis working hard to avoid Volkswagen plant closure scenario, CEO says.....»»

Category: gadgetSource:  yahooRelated NewsSep 18th, 2024

Comprehensive model uses airborne LiDAR data to predict walking travel times with unprecedented accuracy

You're a hotshot working to contain a wildfire. The conflagration jumps the fire line, forcing your crew to flee using pre-determined escape routes. At the start of the day, the crew boss estimated how long it should take to get to the safety zone. W.....»»

Category: topSource:  physorgRelated NewsSep 16th, 2024

Stellantis, UAW back at odds over future of idled Belvidere plant

The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Top 5 stories of the week: Stellantis dealers point finger at CEO; GM-Hyundai collaboration

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

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Daily 5 report for Sept. 11: Stellantis gears up for electrified pickups and SUVs

The automaker will invest $406 million in three Michigan plants to build electrified pickups and SUVs......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

Stellantis’ U.S. dealers call out CEO Tavares for damaging brands

Dealers also urged the CEO to spend more money to clear old inventory off their lots......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Stellantis investing $406 million in 3 Mich. plants

Assembly plants in Sterling Heights and Warren, Mich., will build electrified models alongside gasoline-powered vehicles......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

First robot leg with "artificial muscles" jumps nimbly: Study

Researchers said on Monday they had designed the first robotic leg with "artificial muscles"—oil-filled bags allowing machines to move more like humans—that can jump nimbly across a range of surfaces......»»

Category: topSource:  theglobeandmailRelated NewsSep 10th, 2024

Stellantis Temporarily Pauses Jeep Wrangler, Grand Cherokee Production

Stellantis Temporarily Pauses Jeep Wrangler, Grand Cherokee Production.....»»

Category: topSource:  informationweekRelated NewsSep 6th, 2024

Daily 5 report for Sept. 3: Which scandal had more impact? Fugitive Carlos Ghosn or cheating VW?

With auto industry scandals, the ex-Nissan chairman's escape from Japan is top of mind. Now, ex-CEO Martin Winterkorn is on trial over VW's emissions cheating......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Stellantis changes Jeep N.A. chief after 9 months

Ram brand executive Bob Broderdorf succeeds Bill Peffer as head of Jeep in North America, while Peffer replaces Phil Langley as head of dealer network development......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Chrysler heir to Stellantis: Sell iconic brands to me

Walter P. Chrysler's great-grandson, in an open letter to Stellantis CEO Carlos Tavares, proposes a "graceful and profitable exit" for the Chrysler and Dodge brands......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

Sound drives "quantum jumps" between electron orbits

Cornell University researchers have demonstrated that acoustic sound waves can be used to control the motion of an electron as it orbits a lattice defect in a diamond, a technique that can potentially improve the sensitivity of quantum sensors and be.....»»

Category: topSource:  physorgRelated NewsAug 26th, 2024

CEOs of Nvidia, suppliers highest-paid leaders in 2023 compensation analysis

The median CEO compensation across auto industry sectors in 2023 declined 2.5 percent year over year to about $11.3 million......»»

Category: topSource:  autonewsRelated NewsAug 26th, 2024

UAW workers rally outside Stellantis truck plant, blast CEO

The union has threatened to strike the automaker for failing to meet its commitment to reopen the idled Belvidere plant by 2027. Stellantis said the union has agreed to language in the contract that allows it to do so......»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2024