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Stellantis terminates Jeep joint venture with China"s GAC

The move comes after Stellantis failed in its attempt to take control of the joint venture......»»

Category: topSource:  autonewsJul 18th, 2022

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

EVs, China and an election make for a turbulent political stew in Michigan

It is complicating Michigan’s efforts to lead the next stage of automotive evolution and highlighting geopolitical tensions with China......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Digging into neutrino research: LBNF-DUNE project moves forward with excavation of 800,000 tons of rock

As a kid, you may have tried to dig a hole in your backyard to reach China. Obviously, that didn't happen. But digging out a lot of ground can be quite productive. Instead of reaching another country, the scientists, engineers, and construction worke.....»»

Category: topSource:  physorgRelated NewsOct 7th, 2024

Reports: China hacked Verizon and AT&T, may have accessed US wiretap systems

Chinese hackers were in networks of major ISPs “for months,” WSJ reports. Chinese government hackers penetrated the networks of several large US-based Internet service provide.....»»

Category: topSource:  pcmagRelated NewsOct 7th, 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

Chinese hackers allegedly hit US wiretap systems to hit broadband networks

China put a backdoor on the US’s backdoor and reportedly used it to spy on American citizens......»»

Category: topSource:  informationweekRelated NewsOct 7th, 2024

EU tariffs on Chinese EVs will not lead to price rises — for now

MG, BYD and VW's Cupra say they will not increase prices on EVs they export to Europe from China even after EU countries approved punitive tariffs......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Chery weighs Hong Kong IPO for $7 billion auto arm

Chery Auto is one of China’s biggest car exporters and one of only a few not listed. It is a key asset of Chery Group, which also provides financial and real estate services......»»

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

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......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

What"s the best material for a lunar tower?

Physical infrastructure on the moon will be critical to any long-term human presence there as both America and China gear up for a sustained human lunar presence. Increasingly, a self-deploying tower is one of the most essential parts of that physica.....»»

Category: topSource:  pcmagRelated NewsOct 4th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

EU formerly approves tariffs on China EVs; talks to continue

Ten member states voted in favor of the measure, while Germany and four others voted against and 12 abstained, according to reports......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024