Stellantis reverses controversial changes in contract terms for suppliers
The reversal is a victory for suppliers, which have watched their top and bottom lines bleed amid supply chain volatility while automakers haul in profits. The move comes less than a week after Stellantis named a new purchasing chief......»»
Automakers, suppliers want less drastic swings in EV policy after 2024 presidential election
Industry executives and lobbyists called for more certainty and less drastic shifts in EV policies and regulations between administrations ahead of the Nov. 5 presidential election......»»
EV delays, changing plans dim suppliers" financial outlooks
Suppliers said automakers' rapidly shifting electrification plans will weigh on their future earnings as they make fewer parts for electric vehicles than they were banking on......»»
Cambodia PM launches project linking Mekong river to sea via canal
Cambodia's Prime Minister Hun Manet on Monday launched a controversial $1.7 billion canal project that aims to provide a new link from the Mekong River to the sea......»»
Jaguar Land Rover production hit by flooding at aluminum suppliers
Supplies of aluminum have been impacted by floods in Switzerland. Porsche, Mercedes, BMW and Audi are also affected......»»
Deep sea mining opponents suffer major setback
Opponents of deep sea mining suffered a serious setback Friday when they failed to take a first step toward an international moratorium on the controversial practice......»»
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......»»
Magna, in unusual step, lowers 2026 outlook on EV uncertainty, contract assembly woes
Magna International took the unusual step of lowering its outlook for its 2026 financial performance as it grapples with automakers reducing, postponing or canceling electric vehicle plans amid soft sales growth......»»
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.....»»
Auto suppliers continue to face worker shortage and high costs
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the first time in years. But suppliers are still lagging behind......»»
Investigation into the regime between the nano- and microscale could pave the way for nanoscale technologies
In electronic technologies, key material properties change in response to stimuli like voltage or current. Scientists aim to understand these changes in terms of the material's structure at the nanoscale (a few atoms) and microscale (the thickness of.....»»
CarShield, American Auto Shield to pay $10M in settlement on false advertising claims
The FTC said the companies' celebrity endorsers made false statements in ads and/or have not used the service contract products. Contracts also do not cover all repairs as stated in the ads, the FTC said......»»
2025 Ford Maverick Loses Controversial Dashboard Cubby
2025 Ford Maverick Loses Controversial Dashboard Cubby.....»»
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......»»
A novel method implementing investment decision-making of prospect theory utility toward stock markets
Prospect theory, proposed by Kahneman and Tversky in 1979, has been acknowledged as an excellent decision-making theory for the bounded rationality of investors tending to show cognitive bias under conditions of uncertainty. In terms of gains and los.....»»