A legal battle between Stellantis and one of its transmission parts suppliers that led to a temporary shutdown of Kokomo transmission plants earlier this year has moved to federal court. Stellantis and MacLean-Goff Component Solutions, a Chicago-based automotive supplier of transmission gear and pinions, are now fighting in federal court in regard to a dispute […]
Stellantis says it is cutting a shift at its Warren Truck Assembly Plant north of Detroit during July as the automaker tries to recalibrate its production and sales numbers, which fell sharply in the United States in the second quarter. The automaker also said Tuesday that it is making production changes at its plants in […]
(Reuters) -Automaker Stellantis will invest an additional $55 million in Archer Aviation after the air taxi maker’s flagship aircraft completed a transition flight last month, the companies said on Tuesday. The latest investment follows the automaker’s open market purchases of 8.3 million shares of Archer’s stock in March, which made Stellantis the largest shareholder in […]
Multinational automotive manufacturer Stellantis has indicated it might cease electric vehicle (EV) production in the UK unless the UK Government enhances incentives to boost EV demand. This move comes in response to the stringent zero-emissions vehicle sales targets set by the country. Stellantis’ managing director for the region Maria Grazia Davino said that these sales […]
By Nora Eckert AUBURN HILLS, Mich. (Reuters) -Stellantis will aggressively move to cut costs as competition from Chinese automakers intensifies rather than use a “defensive” strategy that relies on tariffs on Chinese-made imports that European officials are set to institute in that region, its CEO said on Thursday. Carlos Tavares promised at the No. 4 […]
UAW Vice President Rich Boyer pushed back against President Shawn Fain’s decision to strip him of his oversight of the union’s Stellantis Department and had urged Fain to reconsider after Fain laid out his concerns about Boyer’s leadership. The back and forth came in two letters obtained by the Free Press, one from Boyer to […]
The boss of major European carmaker Stellantis is fighting fires whether he looks East or West, but he now at least appears ready to accept when he might have made a mistake. Carlos Tavares says his arrogance is to blame for failing to address three converging issues the automaker ran into in its U.S. market. […]
General Motors (GM), Ford Motor (F) and Stellantis (STLA) made key moves Monday with an important event looming for one of the trio. GM stock broke out, Ford stock tested short-term support. And Stellantis stock fell further under its long-term support. Tesla (TSLA) also fell. X GM Stock Shares of General Motors jumped 4.1% to […]
Stellantis CEO Carlos Tavares, like late Fiat Chrysler America boss Sergio Marchionne before him, still isn’t exactly on board with an evolution to electric vehicles that appears to be guided by chaotic regulation, market hope, and enormous sums of money in between. Even so, like Marchionne, he’s overseen EV releases that inch the company toward […]
A $25K Jeep EV Sounds Like a Pipe Dream, But Stellantis Says It’s Happening photo Stellantis on the whole isn’t exactly on the forefront of electric vehicles, having many in the works but, so far, only getting the subcompact Fiat 500e out the door here in the U.S. Nevertheless, CEO Carlos Tavares told the public […]
UAW President Shawn Fain will oversee the union’s Stellantis Department going forward, according to multiple sources with knowledge of the situation. The move means the reassignment of those duties from Vice President Rich Boyer, who had been in charge of the department. Boyer will retain his oversight of the union’s Competitive Shop/Independents, Parts and Suppliers […]
Photo: Stellantis UAW President Shawn Fain called out Stellantis as being “pathetic” in a recent Facebook live broadcast event for United Auto Workers union members. The multi-national automaker conglomerate recently fired scores of full-time workers from its Warren Assembly plant where the Ram 1500 and Jeep Wagoneer are built. Further engineering, tech, and software jobswere […]