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Stellantis evaluating downsizing Auburn Hills headquarters, selling other sites

North American COO Mark Stewart says the company is not leaving the headquarters complex "in any shape, form or fashion, but the areas we're not using, we're looking at some different repurposing for those.".....»»

Category: topSource:  autonewsSep 19th, 2023

Lamborghini lawsuit against Ill. dealership can proceed, federal judge rules

A federal judge in Illinois has refused to dismiss a fraud claim by Automobili Lamborghini America against a Chicago dealership, its president and an employee for allegedly selling dozens of luxury vehicles to known resellers, misreporting those sale.....»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

U.S. troubles put Stellantis CEO Carlos Tavares in Paris spotlight

Carlos Tavares initially brushed off the U.S. problems as a "small operational error," but news of his exit when his contract expires in 2026 and a major management reshuffle failed to soothe investors......»»

Category: topSource:  autonewsRelated NewsOct 14th, 2024

Stellantis shuffle puts Jeep chief in crucial N.A. role

Dealers are looking to Antonio Filosa, who replaces Carlos Zarlenga as North America COO, for more help moving inventory that on many lots goes back to the 2023 model year......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Research shows dating apps, sites are leading to more diverse couples

The so-called "traditional" way of dating has changed drastically over time, especially in the last decade. While most couples used to meet through families and friends or local organizations like church, according to University of New Mexico Sociolo.....»»

Category: topSource:  physorgRelated NewsOct 11th, 2024

Elon Musk reveals Hollywood vision for Tesla, but new budget model is a no-show

Musk presented an autonomous Cybercab for 2026 then a futuristic Robovan, but investors want to see a budget $25,000 EV that Tesla could start selling next year to boost volume......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Illinois governor calls on Stellantis to get moving on Belvidere reopening

“There is every opportunity to begin the restart at Belvidere, and there is no time to waste,” the governor said......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Polestar CEO Michael Lohscheller starts review after deliveries disappoint

New boss Michael Lohscheller said the Swedish EV maker will develop its commercial capabilities so it can go “from showing to actively selling cars.”.....»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Stellantis confirms CEO Carlos Tavares to retire in 2026 amid broad management shake-up

The confirmation comes weeks after Stellantis said it was searching for his successor, though at the time it said it was possible he could remain after his contract expires......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Use of AI in property valuation is on the rise—but we need greater transparency and trust

New Zealand's economy has been described as a "housing market with bits tacked on". Buying and selling property is a national sport fueled by the rising value of homes across the country......»»

Category: topSource:  physorgRelated NewsOct 11th, 2024

Stellantis replaces North America COO, global CFO

Amid U.S. troubles, Jeep CEO Antonio Filosa is adding North American COO responsibilities to replace Carlos Zarlenga, whose next role will be announced later. CEO Carlos Tavares to retire in early 2026......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Daily 5 report for Oct. 10: The Toyoda family legacy; your guide to Stellantis" multiple challenges

Curiously, Toyoda's only son, Daisuke, now in his mid-30s, is working his way up the company's ranks......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Stellantis troubles pile up amid criticism from dealers, UAW, shareholders

Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Assessment of damaged archaeological sites suggests they require individual protection concepts

An analysis of the damage to archaeological sites documented after a heavy rainfall event in July 2021 in parts of Germany shows that several factors increase the risk of damage to archaeological sites due to heavy rainfall and flooding events. For e.....»»

Category: topSource:  physorgRelated NewsOct 10th, 2024

Tesla is about to unveil a robotaxi, but timeline shows Elon Musk has long overpromised

A key selling point for Teslas has long been the promise of full autonomy via a software update. Here's a timeline of those unfulfilled promises since 2014......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

The Crackdown on Compounded GLP-1 Meds Has Begun

Now that the Mounjaro and Zepbound shortage is over, Eli Lilly is going after the cottage industry selling “compounded” versions of its meds......»»

Category: gadgetSource:  wiredRelated NewsOct 10th, 2024

Stellantis in talks with Michigan"s governor to keep N.A. headquarters in suburban Detroit

Michigan Gov. Gretchen Whitmer said she has spoken “frequently” with Stellantis CEO Carlos Tavares as the company reassesses its footprint, and retaining its headquarters in Michigan is a “top priority” for her administration......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Stellantis CEO eyes management shake-up as pressure mounts

Stellantis Chief Executive Officer Carlos Tavares is planning a deep management reshuffle in response to the automaker’s disastrous profit warning, according to people familiar with the situation......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Underwater caves yield clues that may help explain early expansion of Homo sapiens into Mediterranean islands

Archaeological surveys led by scientists at Washington University in St. Louis suggest that coastal and underwater cave sites in southern Sicily contain important new clues about the path and fate of early human migrants to the island......»»

Category: topSource:  theglobeandmailRelated NewsOct 9th, 2024

Stellantis holds off on megacasting championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024