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......»»
Top 5 stories of the week: Cybertruck driver gets ‘middle finger"; executive exodus at Stellantis
A quick look at the top automotive stories of the week as determined by reader interest......»»
UAW Vice President Rich Boyer out as head of Stellantis department
UAW President Shawn Fain will take over responsibility of the Stellantis department for now, one of the sources said......»»
EV switch will be "burden" on suppliers, Stellantis CEO Carlos Tavares says
Stellantis CEO Carlos Tavares said the need to cut EV costs could mean that the supplier base will shift to lower-cost countries from the West......»»
Stellantis customer experience chief resigns in 3rd senior executive departure this month
Richard Schwarzwald is being replaced by Olivier Bourges, previously head of the global corporate office and public affairs......»»
“Deny, denounce, delay”: The battle over the risk of ultra-processed foods
Big Food is trying to dampen fears about the effects of industrially formulated substances. Enlarge (credit: monticelllo/Getty) When the Brazilian nutritional scientist Carlos Monteiro coined the term “ultra-processed.....»»
Stellantis U.S. sales boss Jason Stoicevich leaves after 2 months
Stellantis has appointed Matt Thompson as senior vice president of U.S. retail sales to succeed Jason Stoicevich, who took on that role in March......»»
After years of rumors, Sonos has now entered the headphones market
Sonos jumps into the fray with Sony's WH-1000XM5 and Apple's AirPods Max. The new headphones look just like earlier leaks showed. [credit:.....»»
Supplier must continue to ship parts to Stellantis, judge rules
A judge has ruled that a Stellantis supplier must continue shipping parts to the automaker, marking a victory for the manufacturer of Jeep, Ram and other brands......»»
Five years on, Carlos Ghosn saga brings Nissan profit boost, new hearing for Greg Kelly
The Carlos Ghosn scandal continues to reverberate, as this month Nissan booked an unexpected profit windfall thanks to a favorable court ruling that followed the stunning corporate saga......»»
Dodge, Ram CEO Tim Kuniskis retiring from Stellantis
Dodge sales chief Matt McAlear will take charge of that brand, while Chrysler CEO Christine Feuell will add Ram trucks to her responsibilities......»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
Cost of new UAW contract could backfire on some at Stellantis
The UAW has been outraged over multiple rounds of layoffs since ratifying a new contract with Stellantis that the workers thought would improve their lives......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
Top 5 stories of the week: Asbury looks to sell dealerships; UAW threatens Stellantis stamping plant
A quick look at the top automotive stories of the week as determined by reader interest......»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Stellantis hires engineers in Brazil, India for $53,000 a year to save costs
Stellantis is pursuing an aggressive cost-cutting program and is said to want to have roughly two-thirds of the company’s engineers in lower-cost countries over the longer term......»»
Spike Lee directs and stars in 2024 Fiat 500e ad campaign
The spot is largely unscripted, Stellantis said, which allows the chemistry and friendship of Lee and Esposito to shine......»»
UAW to hold strike vote at Stellantis" Warren Stamping Plant
Around 1,100 workers at Stellantis' Warren Stamping Plant will vote May 6 on whether to authorize a strike over unresolved health and safety grievances......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»