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Stellantis terminates Jeep joint venture with GAC

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

Category: topSource:  autonewsJul 18th, 2022

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 News12 hr. 24 min. ago

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 News12 hr. 24 min. ago

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 News15 hr. 31 min. ago

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

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time

In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»

Category: topSource:  autonewsRelated 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

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 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

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

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

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