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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

Oklahoma parents and teachers sue to stop top education official"s classroom Bible mandate

Oklahoma parents and teachers sue to stop top education official"s classroom Bible mandate.....»»

Category: topSource:  informationweekRelated NewsOct 18th, 2024

Daily 5 report for Oct. 17: GM clarifies "virtual by 2025" goal

A statement from General Motors said the automaker doesn't have plans to shift its entire development system to virtual at this point......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

GM Just Tested the Fastest Car Ever Built by a U.S. Automaker

GM Just Tested the Fastest Car Ever Built by a U.S. Automaker.....»»

Category: topSource:  pcmagRelated NewsOct 17th, 2024

GM"s Mark Reuss drives Chevy Corvette ZR1 to top speed: 233 mph

Chevrolet said the upcoming Corvette ZR1 is both the fastest car and has the most powerful V-8 engine ever built by an automaker in the U.S......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

Nvidia stock tumbles from record high on news of possible US chip export cap, ASML"s dismal earnings

Nvidia stock tumbles from record high on news of possible US chip export cap, ASML"s dismal earnings.....»»

Category: gadgetSource:  yahooRelated NewsOct 17th, 2024

Nvidia is set to dominate another Big Tech earnings season

Nvidia is set to dominate another Big Tech earnings season.....»»

Category: gadgetSource:  yahooRelated NewsOct 16th, 2024

iPhone had best ever Q3 for Apple, nearly topped Samsung globally per report

Apple will report its official quarterly earnings on October 31, but a new report indicates the company will have a lot to celebrate with its iPhone Q3 sales. Per research firm Canalys, iPhone shipments just had their best Q3 ever, and very nearly be.....»»

Category: gadgetSource:  9to5macRelated NewsOct 16th, 2024

GM invests $10 million in materials science company Forge Nano for EV batteries

The automaker has invested in and partnered with companies along the EV battery supply chain, from raw materials to recycling, as it works to secure a supply chain for its electric vehicles......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Detroit 3 suppliers face dilemmas on rapidly growing China EV business

As Ford, General Motors, Stellantis and other traditional automakers lose ground in China, their suppliers are scrambling to fill the void and preserve positions in what is now the world’s largest auto market. .....»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Stellantis expanding Mexico operations to make more Ram pickups, report says

Stellantis has been building additional factory space next to its existing plant in Saltillo, Mexico, the report said, citing people familiar with the matter......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Daily 5 report for Oct. 15: Stellantis-backed startup invests $1 billion in Nevada battery plant

Lyten chose Reno because of its battery ecosystem and its dry climate......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

BYD says tech-laden Sealion EV "dramatically" extends its reach into Europe

The Sealion 7 will be BYD's flagship model in Europe, showcasing the automaker's latest battery and manufacturing technology......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

Stellantis-backed Lyten to invest over $1 billion in Nevada lithium-sulfur battery factory

U.S. startup Lyten is investing more than $1 billion in a Reno, Nevada lithium sulfur battery factory......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

Stellantis ends work-from-home push after management shake-up

The maker of Jeeps and Fiats now wants staff in the office three days a week on average — a major change from its previous 70 percent remote-work policy. Stellantis will be revamping work spaces to welcome back employees......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

Stellantis ends work-from-home push after management shakeup

The maker of Jeeps and Fiats now wants staff in the office three days a week on average — a major change from its previous 70 percent remote-work policy. Stellantis will be revamping work spaces to welcome back employees......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

Stellantis review of brands will take place in 2-3 years, says CEO Carlos Tavares

The time frame means that Carlos Tavares' successor will decide whether any of the automaker's 14 brands should be scrapped......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

China"s BYD says tech-laden Sealion EV "dramatically" extends its reach into Europe

The Sealion 7 will be BYD's flagship model in Europe, showcasing the automaker's latest battery and manufacturing technology......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

Apple and Google threaten automaker AI voice assistant push

While automakers toil to build visual interfaces that can compete with big tech, voice assistants represent the next battleground for a key consumer touch point......»»

Category: topSource:  autonewsRelated NewsOct 14th, 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