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......»»
BMW, Mini, Rolls-Royce, Toyota, and Lexus are switching EV plugs
Volkswagen Group and Stellantis are the last remaining holdouts. Enlarge (credit: Getty Images) More automakers this week announced a switch in the style of charging plugs that will be fitted to their future electric veh.....»»
Detroit 3 lay off 270 more workers in Mich., Ohio, Ind.
Stellantis, Ford and GM announced additional layoffs as the ripple effects of the UAW's five-week work stoppage continue to grow......»»
Stellantis is rebuilding engine lineup
Even as it works toward launching 75 EV nameplates by 2030, Stellantis is dropping or cleaning up old engines and introducing new, smaller and more powerful ones......»»
Stellantis launches commercial vehicle unit to challenge Ford dominance
The effort includes a new business unit called Stellantis Pro One and four electrified pickups arriving in North America over the next two years......»»
Stellantis to base "around" 7 models on a fifth, low-cost platform
The Smart Car platform that underpins the Citroen e-C3 will help other Stellantis brands such as Fiat and Opel launch models to compete with low cost Chinese imports......»»
Stellantis faces Oct. 29 strike deadline with Unifor in Canada
The union said it is “looking forward” to locking in a deal that matches the pattern set by collective agreements with the other two members of the Detroit 3 while making “additional gains” on workplace issues specific to Stellantis. .....»»
Stellantis pulls out of CES tech expo, citing UAW strike, cost savings
Stellantis has used the world's largest technology show to unveil EV concepts such as the Ram 1500 Revolution pickup and Chrysler Airflow crossover......»»
UAW warns it will add plants to strike at any time until deal reached
Ford now has more workers on strike than General Motors and Stellantis, even though it has offered the highest pay among the three automakers......»»
Not burn-in: Scary OLED TV image retention may stem from “buggy” feature
TV compensation cycles can auto-fix the problem in minutes—assuming they run. Enlarge / Sony announced the A95K QD-OLED TV in early 2022. (credit: Sony) Image retention is scary to see on your OLED TV but often easy.....»»
Stellantis to put second EV battery plant in town where EVs threaten current jobs
Stellantis and Samsung plan to build a second EV battery plant in Kokomo, Indiana, a town where many current Stellantis workers see such plants as a threat to their current jobs......»»
Samsung picks Indiana for new Stellantis battery plant
Samsung has chosen Indiana for a second time to host a new electric vehicle battery plant it is planning to build with Stellantis......»»
Stellantis, Samsung SDI pick Indiana for second joint EV battery plant
The $3.2 billion plant will be co-located in Kokomo, Ind., next to the first plant under construction. The companies expect to create 1,400 jobs at the second site and will begin production in 2027......»»
GM, Stellantis lay off more than 800 additional workers because of UAW strike
The total number of strike-related layoffs at GM now tops 2,300......»»
Report: Apple is already designing a lighter Vision Pro to fix “neck strain”
Vision Pro isn't out until early 2024, but next-gen plans are already underway. Enlarge / Apple's Vision Pro headset. (credit: Samuel Axon) When it jumps into a new market for the first time, Apple has a long history of.....»»
Striking UAW workers win key battery plant concession from General Motors
Further walkouts at GM factories were averted after the automaker made its offer. Enlarge / UAW members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, hold signs after.....»»
Detroit 3 keep incentives despite UAW strike, though GM"s run shorter
Ford, General Motors and Stellantis don't seem to have gone "cold turkey" on their October car sales promotions despite the UAW strike, a J.D. Power analyst said. But GM's deals run only two weeks......»»
Stellantis workers in Canada threaten Unifor"s pattern bargaining
Unifor Local 444 President Dave Cassidy, who represents about 4,800 hourly workers at a Stellantis assembly plant in Windsor, Ont., says he will press the automaker to include its EV battery plant in the next collective agreement between the two part.....»»
Stellantis workers displaced from Illinois Jeep plant want better future for Belvidere
The future of the Belvidere Assembly Plant, which Stellantis shut down in February, is among the issues yet to be resolved in negotiations with the UAW. Some of its former workers are now on strike hundreds of miles away......»»
Incentive spending cuts likely for Detroit 3 amid strike
The UAW strike will prompt Ford, General Motors and Stellantis to pare back incentive deals for car shoppers, according to J.D. Power and Edmunds analysts. However, incentives are already low industrywide......»»
GM, Stellantis face $9.5 billion in U.S. fuel economy fines, according to industry letter
The proposal by President Joe Biden's administration to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fines and Stellantis $3 billion, according to a letter from the American Automotive Policy Council......»»