Stellantis NV

The ex-chief of Ford Motor Company (NYSE:F), Mark Fields, recently highlighted the strength of established automakers in the shift to electric vehicles. What Happened: On a Thursday, Mark Fields, the former CEO of Ford, expressed his views on the current state of the automotive industry during CNBC...

Stellantis (NYSE:STLA) has recently announced a significant deal with a leading leasing and fleet management company, Ayvens. The agreement is set to facilitate the sale of up to 500,000 vehicles across Europe within the next three years. What Happened: Stellantis has reached a multi-billion-euro...

Despite the cessation of production in Russia in 2022, Russian partners have reportedly teamed up with a Chinese counterpart to continue producing Stellantis Citroen cars, according to recent findings. What Happened: As per the customs data and two anonymous sources, Automotive Technologies, a...

Stellantis NV (NYSE:STLA) and Mercedes-Benz Group AG are reportedly on the brink of securing a €4.4 billion ($4.7 billion) debt deal for their electric-car battery venture in Europe. What Happened: Bloomberg reported on Thursday that the Automotive Cells Company SE (ACC), a joint venture between...

Stellantis NV (NYSE:STLA) has announced a cut in workforce at its Jeep manufacturing facilities in Detroit and Toledo, attributing the decision to California’s tough emissions requirements. What Happened: As reported by Bloomberg on Dec. 7, 2023, Stellantis is reducing Jeep production due to...

Auto industry giant Stellantis N.V. (NYSE:STLA) has officially introduced its SUSTAINera Circular Economy Hub (CE Hub) at the Mirafiori Complex in Turin, Italy. This development is part of the company’s broad-based strategy to realize its Circular Economy goals. What Happened: As per the...

Stellantis N.V. (OTC:STLA) and Leapmotor have announced a €1.5 billion ($1.58 billion) investment from Stellantis to acquire approximately 20% of Leapmotor, making Stellantis a strategic shareholder. The deal also includes the creation of Leapmotor International, a joint...

Two automakers, Volkswagen (OTC:VWAGY) and Stellantis (OTC:STLA) have yet to join the growing list of automakers supporting Tesla’s North American Charging Standard (NACS), even as the majority of electric vehicle (EV) manufacturers pledge their allegiance. As per ...

Violence and intimidation on the picket lines of the ongoing United Auto Workers (UAW) strike have heightened as automakers express increasing frustration. Stellantis NV (NYSE:STLA) accused the UAW on Thursday of misrepresenting incidents involving non-replacement employees, reported CNBC....

Apple Inc. (NASDAQ:AAPL) has reportedly offered smaller pay raises to its retail employees this year, returning to pre-pandemic levels, with average annual raises, in contrast to the atypical pay hikes during the COVID-19 pandemic. What Happened: After last year’s generous pay...

Rep. Alexandria Ocasio-Cortez (D-NY) has criticized Ford Motor Co. (NYSE:F) CEO Jim Farley for significantly increasing chief executive compensation while asserting that the company has not adequately addressed worker concerns amid the ongoing United Auto Workers, or UAW, union strike. What...

Rep. Alexandria Ocasio-Cortez (D-NY) has criticized CNBC’s Jim Cramer for suggesting that the Big Three automakers temporarily move production to Mexico amid the ongoing United Auto Workers, or UAW, strike.  What Happened: Amid the UAW strike that...

The United Auto Workers or UAW‘s strike at a Missouri plant has raised concerns about the imminent shutdown of General Motors Corp.‘s (NYSE:GM) Kansas assembly plant due to parts shortages. What Happened: On Friday, UAW initiated a concurrent...

United Auto Workers (UAW) has lodged unfair labor practice complaints against automakers General Motors Co. (NYSE:GM) and Stellantis NV (NYSE:STLA) with the National Labor Relations Board (NLRB), CNBC reported. The charges come in response to the companies not...

U.S. Senator Bernie Sanders urged the three leading U.S. car manufacturers, namely Ford Motor Co. (NYSE:F), General Motors Co. (NYSE:GM) and Stellantis NV (NYSE:STLA), to engage in fair negotiations with the United Auto Workers(UAW) union to avert a potential...