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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

Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned

Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»

Category: topSource:  autonewsRelated NewsMar 1st, 2024

NHTSA opens 2 probes involving Dodge Journey crossovers, Chrysler Pacifica plug-in hybrids

The two probes involve Stellantis' 2018-20 Dodge Journey crossovers and 2017-23 Chrysler Pacifica plug-in hybrid minivans......»»

Category: topSource:  autonewsRelated NewsFeb 29th, 2024

A new space mission: Astrobotic eyes an expansion of its North Side headquarters

Astrobotic Technology's latest space-related venture won't take it far from home......»»

Category: topSource:  physorgRelated NewsFeb 28th, 2024

Stellantis to recall 338,238 Jeep Grand Cherokees in U.S.

NHTSA said the vehicle's upper control arm ball joint and steering knuckle might separate and cause the wheel to fall outward......»»

Category: topSource:  autonewsRelated NewsFeb 28th, 2024

Jeep CEO turnaround plan features price cuts, ‘freedom of choice" amid EV transition

Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America......»»

Category: topSource:  autonewsRelated NewsFeb 24th, 2024

Stellantis CEO Carlos Tavares" compensation jumps 56% to $40M

Tavares' 2023 pay included an $11 million transformation incentive to meet milestones tied to challenges the industry is facing on global mobility, technology and the electrification of vehicles......»»

Category: topSource:  autonewsRelated NewsFeb 23rd, 2024

Stellantis CEO Carlos Tavares gears up for EV-driven industry shakeout

With China looming, he sees a need for automakers to consolidate. However, he doesn't see a need for protectionism......»»

Category: topSource:  autonewsRelated NewsFeb 23rd, 2024

Worker killed in accident at Italian Stellantis plant

The victim, a maintenance worker for a contracto, died while carrying out work on a piece of machinery......»»

Category: topSource:  autonewsRelated NewsFeb 22nd, 2024

Sports streamer Fubo is suing Disney, FOX, and Warner Bros.

Fubo files an antitrust lawsuit against major Disney, FOX, Warner Bros over anti-competitive practices in joint sports streaming. Some streaming services are slowly consolidating, creating packages, and, inevitably, turning into cable televisio.....»»

Category: topSource:  mashableRelated NewsFeb 22nd, 2024

Investors Share Predictions for Artificial Intelligence in 2024 and Beyond

Entrepreneurs and venture capitalists shared predictions for the year ahead in artificial intelligence at the World Governments Summit in Dubai. Each year, the TIME100 Most Influential Companies list recognizes businesses making ext.....»»

Category: topSource:  timeRelated NewsFeb 21st, 2024

Contamination around Fort Story base is under control, Navy"s five-year review says

The Navy released recently a five-year review of an environmental restoration program at Virginia's Joint Expeditionary Base Fort Story, finding that environmental contamination of industrial solvents and arsenic at two sites is under control......»»

Category: topSource:  physorgRelated NewsFeb 21st, 2024

Stellantis CEO Carlos Tavares dismisses special U.S. tariffs against Chinese EVs

"I'm not asking for any kind of protection, because anyway, we are a global company, so I will not be protected everywhere," he says......»»

Category: topSource:  autonewsRelated NewsFeb 20th, 2024

Stellantis shuns buying regulatory credits, evolves lineup

Stellantis CEO Carlos Tavares isn't allowing the automaker "to ever buy a single credit," said Tim Kuniskis, CEO of the Dodge and Ram brands......»»

Category: topSource:  autonewsRelated NewsFeb 16th, 2024

Permit.io raises $8 million to simplify app development

Permit.io announced it has raised $8 million in Series A funding, led by Scale Venture Partners, along with NFX, Verissimo Ventures, Roosh Ventures, Firestreak, 92712, and other existing investors, to ensure application developers never have to build.....»»

Category: securitySource:  netsecurityRelated NewsFeb 16th, 2024

SpaceX launches military satellites tuned to track hypersonic missiles

These satellites will participate in joint missile tracking exercises later this year. Enlarge / SpaceX launched a Falcon 9 rocket Wednesday with six missile-tracking satellites for the US military. (credit: SpaceX) Two.....»»

Category: topSource:  arstechnicaRelated NewsFeb 16th, 2024

Former Stellantis exec Mark Stewart takes reins as CEO of Goodyear

Stewart has been meeting with customers, partners and employees and studying  "functions and financials" to better understand the business......»»

Category: topSource:  autonewsRelated NewsFeb 15th, 2024

Ex-Apple executive in the running to lead joint ESPN, Warner, and Fox sports streamer

Pete Distad once headed up sports on Apple TV+, and is now in the running to become CEO of the as-yet unnamed sports streaming network formed by the likes of Disney and Warner.Pete Distad (Source: LinkedIn)Distad was senior director of Video, Sports,.....»»

Category: appleSource:  appleinsiderRelated NewsFeb 15th, 2024

Stellantis profit fell 10% in second half of 2023 due to UAW strikes

Annual profit-sharing payouts to UAW employees in North America will be $13,860, Stellantis said, down from $14,760 last year......»»

Category: topSource:  autonewsRelated NewsFeb 15th, 2024

Stellantis profit fell 10% in H2 due to N. America strikes

Stellantis is preparing for a difficult year with higher global vehicle output weighing on prices and an unpredictable broader backdrop......»»

Category: autoSource:  autonewsRelated NewsFeb 15th, 2024

Continental to cut 7,150 jobs in savings push at auto unit

Continental has also started reviewing possible divestments, joint ventures and partnerships at the auto unit that has fallen behind peers......»»

Category: topSource:  autonewsRelated NewsFeb 14th, 2024