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Stellantis shareholders sue automaker in U.S. after disappointing earnings

The complaint said Stellantis artificially inflated its stock price for much of 2024 by making "overwhelmingly positive" assessments about inventories, pricing power, new products and operating margin......»»

Category: topSource:  autonewsAug 16th, 2024

Stellantis working hard to avoid Volkswagen plant closure scenario, CEO says

Stellantis working hard to avoid Volkswagen plant closure scenario, CEO says.....»»

Category: gadgetSource:  yahooRelated NewsSep 18th, 2024

VW, Audi dealers in Ill. file protest over automaker"s changes to warranty work payments

The protest is the latest chapter between VW and Audi dealers in Illinois and VW Group of America regarding warranty work payments......»»

Category: topSource:  autonewsRelated NewsSep 18th, 2024

UAW says Dodge Durango production could leave U.S.

The UAW said it has filed unfair labor practice charges against the automaker......»»

Category: topSource:  autonewsRelated NewsSep 16th, 2024

BMW hires former Polestar design boss as part of creative team reshuffle

Maximilian Missoni will oversee the design of the automaker's upper-midsize and luxury class models......»»

Category: topSource:  autonewsRelated NewsSep 16th, 2024

Toyota dealerships get fired up about flag football

About 40 percent of Toyota's U.S. retailers have gotten involved with flag football as part of the automaker's new NFL sponsorship......»»

Category: topSource:  autonewsRelated NewsSep 16th, 2024

iPhone 16’s A18 Pro chip outperforms the M1 chip in new benchmarks [Updated]

We got our first look at a Geekbench result from the iPhone 16 earlier this week, with somewhat disappointing results. There was a decent improvement in single core performance, but the multi-core score was abnormal. However, newer results paint a mu.....»»

Category: topSource:  informationweekRelated NewsSep 14th, 2024

Stellantis, UAW back at odds over future of idled Belvidere plant

The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Top 5 stories of the week: Stellantis dealers point finger at CEO; GM-Hyundai collaboration

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

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Ford, utility team up to pay EV owners for using less power

Ford is the first automaker to participate in a Southern California Edison program that pays customers $1 per kilowatt-hour in reduced usage during periods of peak demand......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Daily 5 report for Sept. 11: Stellantis gears up for electrified pickups and SUVs

The automaker will invest $406 million in three Michigan plants to build electrified pickups and SUVs......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

Stellantis’ U.S. dealers call out CEO Tavares for damaging brands

Dealers also urged the CEO to spend more money to clear old inventory off their lots......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

iPhone 16’s A18 Pro chip is starting to match the M1 chip in new benchmarks

We got our first look at a Geekbench result from the iPhone 16 yesterday, with somewhat disappointing results. There was a decent improvement in single core performance, but the multi-core score was abnormal. However, today’s results paint a much m.....»»

Category: topSource:  pcmagRelated NewsSep 11th, 2024

Stellantis investing $406 million in 3 Mich. plants

Assembly plants in Sterling Heights and Warren, Mich., will build electrified models alongside gasoline-powered vehicles......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Daily 5 report for Sept. 10: Magna pumps the brakes on a North American plant

With EV sales growth slowing, Magna says getting an automaker to commit long term is difficult......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

GM to up BrightDrop output, add 2nd shift at Ontario plant, Unifor says

General Motors Canada has committed to increasing production at CAMI Assembly starting in the first quarter of 2025, according to Unifor Local 88 as the union and automaker began contract talks Sept. 9. .....»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Kia is slow-rolling EV9 U.S. assembly to wait for locally sourced batteries

Kia America COO Steve Center says the automaker will continue to lean on leasing to sell its EVs but calls the provision ‘very fragile.'.....»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

U.S. new-vehicle market ‘stuck" as buyers wait for relief, sellers try to hang on to profits

The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Stellantis Temporarily Pauses Jeep Wrangler, Grand Cherokee Production

Stellantis Temporarily Pauses Jeep Wrangler, Grand Cherokee Production.....»»

Category: topSource:  informationweekRelated NewsSep 6th, 2024

Volvo"s next electric crossover, the EX60, to debut most advanced architecture

The midsize crossover will use the SPA3 underpinnings, which the automaker says will help it build future models faster and for less money......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024

Stellantis changes Jeep N.A. chief after 9 months

Ram brand executive Bob Broderdorf succeeds Bill Peffer as head of Jeep in North America, while Peffer replaces Phil Langley as head of dealer network development......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024