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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

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:  autonewsRelated NewsNov 21st, 2023

Stellantis, CATL plan Europe factory for low-cost EV batteries

Stellantis and CATL are finalizing plans for a plant in Europe to produce low-cost lithium-iron-phosphate EV batteries......»»

Category: topSource:  autonewsRelated NewsNov 21st, 2023

How effective compensation makes a difference with cyber talent retention

Aligning cybersecurity organization models with business objectives enables talent retention and security program success, according to IANS and Artico Search. CISOs’ role in organizational and staffing decisions Fortune firms with annual reven.....»»

Category: securitySource:  netsecurityRelated NewsNov 20th, 2023

UAW ratifies all new Detroit 3 contracts

The Stellantis and Ford deals have received much broader support from workers than the UAW's contract with General Motors, which passed 55 percent to 45 percent......»»

Category: topSource:  autonewsRelated NewsNov 17th, 2023

Stellantis workers ratify UAW contract; Ford on brink of approval

The Stellantis and Ford deals have received much broader support from workers than the UAW's contract with General Motors, which passed 55 percent to 45 percent......»»

Category: topSource:  autonewsRelated NewsNov 17th, 2023

The name game: CEOs with favorable surnames found to receive higher pay

Research from Bayes Business School (formerly Cass) shows that the 'favorability' of a CEO's surname plays a major role in determining their job security and can increase their total compensation by as much as 4.9%......»»

Category: topSource:  physorgRelated NewsNov 15th, 2023

Rainbow PUSH scorecard ranks automakers on diversity efforts

Stellantis and Nissan each moved up two spots in the rankings of automakers' efforts to improve diversity in employment, advertising, marketing, procurement, dealerships and philanthropy......»»

Category: topSource:  autonewsRelated NewsNov 15th, 2023

Stellantis says some N.A. production disrupted by cyberattack at supplier Yanfeng; GM monitoring "closely"

Stellantis confirmed a disruption in this statement: "Due to an issue with an external supplier, production at some of Stellantis’ North America assembly plants has been disrupted.".....»»

Category: topSource:  autonewsRelated NewsNov 13th, 2023

Stellantis offers buyouts to 6,400 salaried employees

Workers with at least five years of seniority are eligible for the buyouts, which come as UAW members vote on a tentative labor agreement that provides double-digit raises and calls for $19 billion in manufacturing investments......»»

Category: topSource:  autonewsRelated NewsNov 13th, 2023

Magna, Unifor reach tentative deal at Stellantis seat supply factory in Canada

A Unifor strike at the Magna plant came on heels of a union ratification vote at Stellantis workplaces in Canada, which wrapped up three months of bargaining between Unifor and Ford, GM, and Stellantis......»»

Category: topSource:  autonewsRelated NewsNov 13th, 2023

Stellantis, suppliers take over tooling from bankrupt supplier

Stellantis, suppliers take over tooling from bankrupt supplier to avoid "enormous losses" from shutting down vehicle assembly lines......»»

Category: topSource:  autonewsRelated NewsNov 13th, 2023

Stellantis declined Michigan"s $1 billion offer for EV battery plant

It became clear that Michigan would not win the project in the summer, when Stellantis announced it would again partner with Samsung SDI for the new plant, according to a source with knowledge of the deal......»»

Category: topSource:  autonewsRelated NewsNov 13th, 2023

JLab jumps into hi-res and Bluetooth LE audio with $200 Epic Lab Edition earbuds [Sponsored]

JLab jumps into hi-res and Bluetooth LE audio with $200 Epic Lab Edition earbuds [Sponsored].....»»

Category: topSource:  digitaltrendsRelated NewsNov 10th, 2023

Long-troubled supplier to GM and Rivian files for bankruptcy

In May, GM, Stellantis and Yanfeng agreed to bail out the insolvent supplier with price increases and investment of up to $15 million to tide over the company......»»

Category: topSource:  autonewsRelated NewsNov 9th, 2023

Stellantis supplier plans new Detroit factory, expansion of first plant

The new location on Detroit's west side is expected to employ about 80 people when production launches in the first part of next year, but that number could increase depending on contract wins......»»

Category: topSource:  autonewsRelated NewsNov 9th, 2023

Semitruck crashes into Ford, Stellantis car dealership in Utah

No one at Tooele Motor Company was hurt, but the truck caused 11 injuries after striking vehicles before hitting the dealership......»»

Category: topSource:  autonewsRelated NewsNov 9th, 2023

Biden will meet UAW’s Fain in Illinois for post-strike victory lap

The event will be held Thursday close to the reopening Belvidere Assembly Plant, owned by Stellantis, near the border between Illinois and Wisconsin, a source told Bloomberg......»»

Category: topSource:  autonewsRelated NewsNov 8th, 2023

GM partnership aims to advance EV motor technology

Niron Magnetics has technology that doesn't use costly rare earth minerals for EV motors. The company has raised $33 million from GM Ventures, Stellantis Ventures and other investors......»»

Category: topSource:  autonewsRelated NewsNov 8th, 2023

JLab jumps into hi-res and Bluetooth LE audio with $200 Epic Lab Edition earbuds

JLab's latest wireless earbuds promise its best audio quality yet, with hi-res support and compatibility with Bluetooth LE Audio......»»

Category: topSource:  digitaltrendsRelated NewsNov 8th, 2023

3D printing precisely: Low-cost error compensation for fabrication of high-precision microstructures

In today's fast-paced technological landscape, the proverb "the bigger the better" was turned upside down and a race to make everything smaller has started. From miniature optical components to micro-scale medical devices, the quest for creating ever.....»»

Category: topSource:  physorgRelated NewsNov 8th, 2023