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......»»
Ford CEO Jim Farley"s 2023 compensation rises to $26.5M
While his base salary remains unchanged and bonus payments fell, Farley's overall compensation rose based on revamped stock awards that estimate future payouts......»»
UAW membership falls 3.3% to lowest level since 2009
The union's net assets grew last year to $1.1 billion, despite paying out $152 million in strike benefits following prolonged work stoppages last fall at Ford, General Motors and Stellantis......»»
Large Language Models’ Emergent Abilities Are a Mirage
A new study suggests that sudden jumps in LLMs’ abilities are neither surprising nor unpredictable, but are actually the consequence of how we measure ability in AI......»»
Stellantis to recall about 285,000 U.S. vehicles over airbag inflator risk, NHTSA says
The recall covers certain 2018-21 Dodge Charger and Chrysler 300 sedans. About 10,285 vehicles are affected in Canada, 3,502 in Mexico and nearly 19,000 in markets outside of North America......»»
Stellantis emissions deal with California adds clarity for dealers
Stellantis previously said it had to limit shipments of gasoline vehicles in 14 states because it wasn't allowed to join a 2020 deal California reached with other major automakers......»»
Stellantis lays off about 400 salaried employees in U.S.
Stellantis blamed the layoffs, which are effective March 31, on "unprecedented uncertainties and heightened competitive pressures around the world.".....»»
Denver to pay $3.76M to grandmother due to "Find My" error
Police who wrongly raided and ransacked an elderly woman's home looking for a stolen truck and guns with Apple's Find My have cost the city of Denver $3.76 million in compensation and damages.Denver police seeking to recover a stolen truck loaded wit.....»»
Damsel’s director on leaving horror behind, Millie Bobby Brown, and sequel plans
In a conversation with Digital Trends, Damsel's director Juan Carlos Fresnadillo talks about the Netflix fantasy movie and working with star Millie Bobby Brown......»»
The top 5 stories of the week: Stellantis job cuts; inside a dealership family feud
A glance at the top auto industry stories of the week......»»
Stellantis transmission plant opened in 2014 now up for sale
Predecessor Fiat Chrysler opened the plant in 2014 to build fuel-saving transmissions, but it was idled last June......»»
Stellantis-Leapmotor JV for EVs approved by China, report says
The joint venture will give Stellantis exclusive rights to build, export and sell Leapmotor products outside China, a first for a legacy western automaker......»»
Stellantis joins Toyota, GM, VW with $6 billion commitment in Brazil
The investment, announced shortly after a meeting between company executives and President Luiz Inacio Lula da Silva, comes as the government tries to reignite the country's industry......»»
UAW wins organizing vote at supplier to GM, Tesla, Stellantis
The vote was 42-37 for the UAW at GNS North America in suburban Detroit. The plant employs 110 workers......»»
UAW wins organizing vote at supplier to GM, Tesla, Stellantis
The vote was 42-37 for the UAW at GNS North America in suburban Detroit. The plant employs 110 workers......»»
Stellantis cuts supplemental workers at Jeep plants in Detroit, Toledo
Stellantis said the unspecified number of cuts followed an operational review. The automaker previously laid off 539 U.S. supplemental workers in January......»»
Ken Ganley Automotive adds Ohio dealerships, sells Stellantis store
Ken Ganley Automotive Group added two luxury dealerships and a Ford store in two acquisitions this year. The megadealer also sold a Stellantis store......»»
New compensation trends in the cybersecurity sector
For several years, cybersecurity leaders have grappled with talent shortages in crucial cyber roles. In the face of escalating financial requirements and expanding responsibilities, these leaders are under heightened pressure to achieve more with few.....»»
How to watch the Netflix Slam: Rafael Nadal vs. Carlos Alcaraz
Rafael Nadal and Carlos Alcaraz, two of the best tennis players in the world, will face off in The Netflix Slam. Find out how to watch......»»
NHTSA opens 2 probes involving Dodge Journey crossovers, Chrysler Pacifica plug-in hybrids
The two probes involve Stellantis' 2018-20 Dodge Journey crossovers and 2017-23 Chrysler Pacifica plug-in hybrid minivans......»»
Stellantis to recall 338,238 Jeep Grand Cherokees in U.S.
NHTSA said the vehicle's upper control arm ball joint and steering knuckle might separate and cause the wheel to fall outward......»»