Stellantis dealer: EVs can"t be rushed
"You've got to take it as it comes and produce a quality electric car," New Jersey retailer Eric Nielsen said after the Stellantis make meeting......»»
Email Microsoft didn’t want seen reveals rushed decision to invest in OpenAI
Microsoft CTO made a "mistake" dismissing Google's AI as a "game-playing stunt." Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus) In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella recei.....»»
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......»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Stellantis revenue falls 12% in Q1on 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......»»
CEO Mary Barra"s pay declined 3.9% to $27.8 million as GM missed stock targets
After eight consecutive years as the highest-paid Detroit 3 CEO, Barra's compensation trailed the $39 million Stellantis shareholders approved for Carlos Tavares......»»
Judge deals blow to Stellantis in supplier pricing dispute that threatens production
The order filed Tuesday means that the parent company of Jeep and Ram brands must continue paying its supplier under protest — or “hostage threat,” as the automaker’s lawyer put it last week......»»
2 former dealership employees who started new marketing firm settle lawsuit
A Massachusetts dealership has settled a lawsuit that accused two former employees of breach of loyalty, misappropriation of trade secrets and other claims for setting up a competing dealer-to-dealer digital marketing agency......»»
Here are the 5 least expensive EVs in the first quarter
Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»
Stellantis lays off 199 at Ram 1500 plant in suburban Detroit
The layoffs in Sterling Heights, Mich., took effect Monday as the automaker continues to trim its head count......»»
Dealer association ad voices concerns about how Scout, Sony Honda Mobility will sell vehicles
Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles but to no avail......»»
Top 5 stories of the week: Stellantis clashes with suppliers; GM"s headquarters move
A quick glance at the top automotive stories of the week......»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»
Stellantis avoids plant shutdowns by paying auto supplier "under hostage threat"
The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind......»»
Stellantis pricing disputes with suppliers imperil key Jeep, Ram products
Stellantis has had production of the Jeep Wrangler and other models disrupted in recent months by disputes with two suppliers, and more shutdowns could come if the situations aren't resolved......»»
Feeling rushed at the food ordering kiosk? You"re not alone
If you've been to a fast-food restaurant recently, you've probably noticed that self-service kiosks are beginning to replace human workers. But as you go to place your order and the lunch-rush crowd grows behind you, have you experienced increased pr.....»»
Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts
At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels......»»
Stellantis clashes with suppliers spill into court, shut down plants
The maker of the Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»