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......»»
Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan
Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»
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.....»»
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......»»
Neighbors sue over loud Bitcoin mine
Hum from 300-megawatt facility allegedly causing stress, lack of sleep. In Granbury, Texas, residents can hear the sound of money being made at all hours of the day, but it’s no.....»»
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......»»
Daily 5 report for Oct. 4: Rough times for EV makers, but future looks good
EV maker Rivian reported disappointing Q3 sales, but electrification news should improve next week as The Battery Show highlights the latest technologies......»»
Stellantis sues UAW to stop strike over plant investments
Stellantis is taking legal action against the union's threat to walk off over delayed investments in some of Stellantis' assembly plants, including the shuttered Belvidere site......»»
GM halts production at pickup, SUV plants after Hurricane Helene impacts suppliers
The automaker said it canceled all shifts Oct. 3 and Oct. 4 at Arlington Assembly in Texas and Flint Assembly in Michigan......»»
AAPL earnings call on October 31 will include early iPhone 16 sales
The AAPL earnings call for Q4 2024 has been scheduled for October 31, and will give our first official hint about early iPhone 16 sales. The fiscal quarter covers July to September. Pre-orders for the new iPhone models opened on September 13, with.....»»
Stellantis, Renault CEOs dismiss reports of merger
Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»
Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says
The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»
Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says
Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»
Salem’s Lot review: a bloody, disappointing Stephen King adaptation
Max's new Salem's Lot adaptation tries to do too much, and ends up doing very little right......»»
Age of Empires Mobile is the worst kind of mobile spinoff
Age of Empires Mobile turns the PC strategy series into a historical gacha game with initially disappointing results......»»
Toyota delays EV output at Ky. plant for ‘production’ issues
The world’s biggest automaker is pushing back the start of EV production in the U.S. to the first half of 2026, after reportedly slashing its global sales outlook for battery electrics......»»
How VW Group of America is navigating U.S. port strikes
The German automaker may need to divert giant vessels to open ports if the strike drags on......»»
Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend
Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»
Toyota, Stellantis highest rated for diversity efforts
Toyota and Stellantis led the Rainbow PUSH Coalition Automotive Diversity Scorecard, achieving the highest marks in all six categories......»»
EEOC sues Stellantis dealership over sex discrimination allegations
Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»
Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results
The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»