Stellantis terminates Jeep joint venture with GAC
The move comes after Stellantis failed in its attempt to take control of the joint venture......»»
Clutch Security launches to transform management of NHIs
Clutch Security emerged from stealth and unveiled its Universal Non-Human Identity (NHI) Security Platform. The company also announced a $8.5 million funding round led by Lightspeed Venture Partners, with participation from Merlin Ventures, and notab.....»»
Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland
Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear. .....»»
Stellantis offers broad voluntary buyout packages to U.S. salaried employees
Stellantis says involuntary job cuts may be necessary if it doesn't meet its objectives through voluntary means......»»
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million......»»
Employee charged with stealing more than $50,000 from New York CDJR dealership
A Victory Chrysler-Dodge-Jeep-Ram employee in Rome, NY., allegedly stole more than $50,000 from the dealership and was charged with second-degree grand larceny and first-degree falsifying business records......»»
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest......»»
Detroit 3 financials ‘disappointing" as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»
Stellantis CEO Tavares: U.S. plants building too many vehicles that need rework
Shipments of the Ram 1500 and other vehicles have been slowed by problems that need to be repaired after they come off the assembly line......»»
Chainguard raises $140 million to strengthen open source software security
Chainguard has completed a $140 million Series C round of funding led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company’s total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Seq.....»»
Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results
Stellantis is counting on lower production, price cuts and new model launches to reverse plunging profits......»»
Only a few watches can replace my Apple Watch. This is one of them
When Jeep decided to make a watch celebrating its heritage, it didn't go for a smartwatch, but a traditional watch instead. Here's why......»»
NHTSA investigates Stellantis over engine stalling concerns
NHTSA is investigating the 2022 Ram 1500 pickup and Jeep Wagoneer crossover over concerns related to Fiat Chrysler Automobile's 5.7L Hemi eTorque system. Consumers have reported engine stalling and loss of power......»»
Heeler Security raises $8.5 million to boost application security
Heeler Security announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime.....»»
Jeep"s big Wagoneers seeing growth as Grand Cherokee, Wrangler struggle
The burly three-row Wagoneer and Grand Wagoneer are the only Jeep nameplates to post higher U.S. sales in the first half of 2024, nearly doubling their combined volume from a year ago......»»
Stellantis paid $190.7 million in U.S. fuel economy penalties
Stellantis paid $190.7 million in U.S. fuel economy penalties and owes another $459.7 million in outstanding penalties according to government documents......»»
Ram confronts tornadoes in new ‘Twisters" film, ad campaign
Ram trucks are featured in the movie, which opens at theaters July 19, and Stellantis has created an ad campaign that will run on TV, Ram's YouTube channel and social platforms......»»
Column: GM’s core China joint venture faces existential crisis
SAIC-GM in June cut production by 70 percent to below 28,400, with year-to-date output slipping 54 percent to just under 210,000. .....»»
Stellantis recalls 24,000 hybrid minivans for fire risks, urges owners to park outside
The company said it is aware of seven incidents that occurred when the vehicles were turned off and some occurred while recharging......»»
Stellantis eyes old golf course for massive parts warehouse in Michigan
The automaker is planning to consolidate aging warehouses in the region, including those in Centerline, Warren and Marysville, into a “mega hub,” as called for in its 2023 labor deal with the UAW......»»