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......»»
Butterfly keyboard MacBook owners compensation payments are arriving
Just over six years after the first class-action lawsuit over Apple's flawed MacBook Pro butterfly keyboard design was filed, settlement money will finally be reaching owners who were affected by flaws and reliability issues.Close up of the problem-p.....»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Rearview camera recalls are becoming common. Here"s why
Ford, Volkswagen, Stellantis and Honda have experienced recalls in recent months because of faulty rearview cameras, all from different suppliers......»»
Seating supplier to cut jobs in Detroit after truck discontinuation
Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»
Ram CEO Christine Feuell pushes through 1500 production hiccups, guides Chrysler"s future
Christine Feuell is juggling two brands, Chrysler and Ram, with a distinct set of hurdles and vastly different positions within the Stellantis portfolio. Feuell assumed leadership of Ram in June at a challenging time for the truck brand while guiding.....»»
Stellantis says it will keep Maserati despite the brand"s heavy losses
Stellantis said it has an 'unwavering commitment' to Maserati despite a warning from the group's CEO Carlos Tavares that if the company's brands "don't make money, we'll shut them down.".....»»
To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers
To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers.....»»
Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland
Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear. .....»»
Stellantis offers broad voluntary buyout packages to U.S. salaried employees
Stellantis says involuntary job cuts may be necessary if it doesn't meet its objectives through voluntary means......»»
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million......»»
Stem cell harmony: How solanaceae plants maintain homeostasis through receptor compensation
A pivotal study sheds light on the evolutionary conservation of stem cell homeostasis in Solanaceae, revealing how receptor compensation mechanisms ensure the continuous and orderly formation of plant organs. This research uncovers the genetic interp.....»»
Average data breach cost jumps to $4.88 million, collateral damage increased
IBM released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached $4.88 million in 2024, as breaches grow more disruptive and further expand demands on cyber teams. Breach costs increased 10% from the pri.....»»
Some dealer customers want higher CDK cyberattacks compensation
CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest......»»
Detroit 3 financials ‘disappointing" as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»
Stellantis CEO Tavares: U.S. plants building too many vehicles that need rework
Shipments of the Ram 1500 and other vehicles have been slowed by problems that need to be repaired after they come off the assembly line......»»
Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results
Stellantis is counting on lower production, price cuts and new model launches to reverse plunging profits......»»
NHTSA investigates Stellantis over engine stalling concerns
NHTSA is investigating the 2022 Ram 1500 pickup and Jeep Wagoneer crossover over concerns related to Fiat Chrysler Automobile's 5.7L Hemi eTorque system. Consumers have reported engine stalling and loss of power......»»
Stellantis paid $190.7 million in U.S. fuel economy penalties
Stellantis paid $190.7 million in U.S. fuel economy penalties and owes another $459.7 million in outstanding penalties according to government documents......»»
Ram confronts tornadoes in new ‘Twisters" film, ad campaign
Ram trucks are featured in the movie, which opens at theaters July 19, and Stellantis has created an ad campaign that will run on TV, Ram's YouTube channel and social platforms......»»