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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

Honda quarterly profit jumps 35% on booming North America

Honda posted a 35 percent jump in quarterly operating profit as sales boom in North America and a better mix of higher margin vehicles propels the automaker......»»

Category: topSource:  autonewsRelated NewsFeb 8th, 2024

Honda quarterly profit jumps 35% on booming N. America

Honda posted a 35 percent jump in quarterly operating profit as sales boom in North America and a better mix of higher margin vehicles propels the automaker......»»

Category: topSource:  autonewsRelated NewsFeb 8th, 2024

We may now know who’s behind the lead-tainted cinnamon in toddler fruit pouches

At least 413 people, mostly young children, in 43 states have been poisoned. Enlarge / The three recalled pouches linked to lead poisonings. (credit: FDA) A spice grinder named Carlos Aguilera of Ecuador is the likely so.....»»

Category: topSource:  arstechnicaRelated NewsFeb 8th, 2024

France backs Renault"s current plan amid Stellantis merger talk, report says

Paris supports Renault's efforts to build its business as a stand-alone company through new tech partnerships, a government source said, amid reports of a possible merger with Stellantis......»»

Category: topSource:  autonewsRelated NewsFeb 6th, 2024

Stellantis denies speculation of merger plan with Renault

France is considering a merger between the two automakers to strengthen its grip on the sector and counter Chinese and German competition, an Italian daily newspaper reported......»»

Category: topSource:  autonewsRelated NewsFeb 5th, 2024

New Stellantis N.A. chief seeks more dealer dialogue

Carlos Zarlenga, Stellantis' new top North American executive, said conversations with dealers can help the automaker grow......»»

Category: topSource:  autonewsRelated NewsFeb 3rd, 2024

Stellantis CEO sees the rise of Chinese automakers fueling M&A

Carlos Tavares views the rise of Chinese automakers and the EU’s efforts to phase out combustion engines as factors fueling greater potential for consolidation among automakers......»»

Category: topSource:  autonewsRelated NewsFeb 2nd, 2024

Stellantis CEO Tavares is ready to seize on Renault"s EV setbacks

Stellantis CEO Carlos Tavares has questioned Renault’s strategy and whether it will have the scale to compete with his company and EV leaders Tesla and BYD, Bloomberg reported......»»

Category: topSource:  autonewsRelated NewsFeb 1st, 2024

Elon Musk"s "unfathomable" $56 billion Tesla pay package

Musk's 2018 compensation package created 12 installments of options - each equivalent at the time to 1 percent of Tesla's outstanding shares......»»

Category: topSource:  autonewsRelated NewsJan 31st, 2024

Air mobility meets autos: Stellantis, Toyota, Hyundai bring manufacturing muscle to new market

Air mobility startups envision deploying thousands of eVTOL aircraft. That's where the automotive industry's mass manufacturing capabilities enter the picture. Here's a look at the key automotive-aviation tie-ups, how they've grown and where they sta.....»»

Category: topSource:  autonewsRelated NewsJan 30th, 2024

Maserati pushes back launches of electric Levante, Quattroporte

The successor to the Levante will appear in 2027, while the next Quattroporte will debut in 2028. The delay leaves big holes in the Stellantis luxury brand's lineup......»»

Category: topSource:  autonewsRelated NewsJan 26th, 2024

The role of seasonal compensation effects on mediating the land carbon sink in response to an extreme El Niño event

Based on multiple evidence from remote sensing observations, global ecosystem model simulations and atmospheric CO2 inversions, a study led by Dr. Fangzhong Shi and Dr. Xiuchen Wu (Faculty of Geographical Science, Beijing Normal University) has found.....»»

Category: topSource:  pcmagRelated NewsJan 25th, 2024

Researcher: Debt, wage theft and coercion drive the global garment industry—the only answer is collective action

Major fashion brands including Barbour and PVH (the owner of Calvin Klein and Tommy Hilfiger) have agreed to pay over £400,000 in compensation to migrant workers in Mauritius. These workers from Bangladesh, India, China and Madagascar had been force.....»»

Category: topSource:  physorgRelated NewsJan 25th, 2024

Stellantis buys CloudMade"s AI tech to support vehicle software development

Stellantis has acquired the artificial intelligence framework and other assets of tech company CloudMade to support the development of its STLA SmartCockpit platform......»»

Category: topSource:  autonewsRelated NewsJan 25th, 2024

Stellantis parts ways with ad agency TRG that made Super Bowl classic ‘Farmer’ for Ram

The automaker had stuck by the agency formerly known as the Richards Group after 2020 backlash over racist remark by agency founder......»»

Category: autoSource:  autonewsRelated NewsJan 23rd, 2024

Tesla"s Q4 earnings to focus on profits, pricing, future product and Musk"s CEO compensation

The EV maker is coming off record fourth-quarter sales after deep price cuts. But investors worry about falling margins, delays in new products and Musk's desire for a bigger stake in the company......»»

Category: topSource:  autonewsRelated NewsJan 23rd, 2024

Stellantis parts ways with ad agency that made Super Bowl classic ‘Farmer’ for Ram

The automaker had stuck by the agency formerly known as The Richards Group after 2020 backlash over racist remark by agency founder......»»

Category: topSource:  autonewsRelated NewsJan 23rd, 2024

Stellantis to launch up to 8 EVs on new STLA Large platform in 2024-26

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Stellantis to launch 8 EVs on new STLA Large platform in 2024-26

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024

Stellantis to launch 8 models based on new STLA Large platform in 2024-2026

The electric-first STLA Large platform will underpin vehicles from Dodge, Jeep, Alfa Romeo, Chrysler, Maserati and other Stellantis brands......»»

Category: topSource:  autonewsRelated NewsJan 19th, 2024