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......»»
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......»»
Florida auto dealers start gauging damages, employee health after Milton
More than 3.4 million tracked customers in Florida were without power on Oct. 10, according to PowerOutage.us......»»
U.S. appeals court judges challenge NADA, FTC in oral arguments for CARS Rule case
U.S. appeals court judges during oral arguments Oct. 9 delved into the National Automobile Dealers Association challenge and Federal Trade Commission's defense of the CARS Rule regulations looming over dealerships......»»
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......»»
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......»»
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. .....»»
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. .....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
UAW local seeking strike authorization at GM pickup plant in Indiana
UAW Local 2209 in Indiana said the issue involves the move of seniority employees to other shifts after the departure of roughly 250 part-time temporary employees......»»
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......»»
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......»»
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......»»
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......»»
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......»»
EEOC sues Stellantis dealership over sex discrimination allegations
Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»