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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......»»

Category: topSource:  autonewsMay 16th, 2022

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

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

Chinese software is a threat, but hardware will be the ban"s compliance challenge

Even as the federal government attempts to minimize threats from China, American manufacturers rely on a complex web of suppliers, including Chinese companies......»»

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

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

Nvidia might double down on its controversial pricing strategy

If you thought the RTX 40 series was expensive, wait until you see what Nvidia might be serving up with the 50 series graphics cards......»»

Category: topSource:  digitaltrendsRelated 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

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

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

Stellantis poised to secure Italian approval to sell stake in Comau robotics unit, report says

One Equity, which invests in businesses in the industrial, healthcare and technology industries in the U.S. and Europe, is expected to take a 50.1 percent stake in the robotics unit......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

VIP Automotive Group, Stellantis dealership face sexual harassment allegations in EEOC lawsuit

Male employees at the Hempstead, N.Y., dealership allegedly harassed female colleagues, creating a hostile work environment, according to the lawsuit......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Daily 5 report for Oct. 7: Stellantis, already facing challenges, signals it"ll play hardball with the UAW

Once again, Stellantis is dominating our headlines with its latest challenge: playing hardball with the UAW. Last last week Stellantis filed nine lawsuits against the union, the first one in U.S. District Court in California, seeking to block any.....»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis files 8 more lawsuits to block UAW strike, says union wants to revive jobs bank

The automaker is suing the UAW and 24 of its local chapters around the U.S., saying a strike would amount to a breach of contract......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

GM resumes production after hurricane-related supplier issue

General Motors said it is resuming production at two assembly plants in Texas and Michigan after it temporarily halted production at the plants last week because of impacts to its suppliers due to Hurricane Helene......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"

Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

The Rings of Power creators respond to controversial Dark Wizard theory

The Lord of the Rings: The Rings of Power showrunners have shared their thoughts on one popular fan theory regarding the show's mysterious Dark Wizard......»»

Category: topSource:  digitaltrendsRelated NewsOct 5th, 2024