TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%


Stellantis

Stellantis and General Motors (GM) are slashing thousands of jobs in Michigan despite significant incentives from state officials

Stellantis and GM slash jobs in Michigan amid economic incentives to boost auto industry

- August 23, 2024
Stellantis and General Motors (GM) are slashing thousands of jobs in Michigan despite significant incentives from state officials to retain and grow automotive employment. GM announced this week that it...
Stellantis CEO is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering operations.

Stellantis CEO Tavares seeks to revive struggling U.S. operations amid investor and employee concerns

- August 21, 2024
Stellantis CEO Carlos Tavares is visiting Detroit this week to personally address and develop a strategy to fix the automaker's faltering North American operations. The visit underscores the urgency of...
Stellantis, the automaker behind the Ram brand, plans to indefinitely lay off up to 2,450 factory workers in the U.S. later this year.

Stellantis to lay off up to 2,450 U.S. workers as Ram 1500 Classic production ends

- August 12, 2024
Stellantis, the automaker behind the Ram brand, plans to indefinitely lay off up to 2,450 factory workers in the U.S. later this year. The layoffs are tied to discontinuing the...
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the years first half

Stellantis offers buyouts to U.S. salaried employees amid profit decline

- July 31, 2024
Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the first half of the year. This move follows executive promises...
Stellantis reported a decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share

Stellantis reports a steep decline in first-half profits amid production and market challenges

- July 25, 2024
Auto giant Stellantis reported a significant decline in first-half net profit, attributed to reduced volumes, temporary production gaps, and lower market share in North America. The company, which owns well-known...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
auto sales

Modest Growth in U.S. Auto Sales for Q2 2024: Winners and Losers

- July 3, 2024
Despite a cyberattack that crippled dealers, a shifting economy, and changing consumer preferences, the U.S. auto industry experienced modest sales growth in the second quarter of 2024. An estimated 4.1 million...
Stellantis has issued a safety recall for over one million vehicles in the U.S. due to rear-view camera issues that could increase crash risk

Stellantis recalls over one million vehicles in the U.S.

- June 20, 2024
Detroit automaker Stellantis has issued a safety recall for over one million vehicles in the U.S. due to rear-view camera issues that could increase the risk of a crash. The...
Jeep has officially confirmed the launch of an all-electric Renegade, starting at under $25,000, as a strategy to expand into new markets.

All-Electric Jeep Renegade confirmed to start under $25,000

- June 14, 2024
Jeep has officially confirmed the launch of an all-electric Renegade, starting at under $25,000, as part of its strategy to expand into new markets. The announcement was made during Stellantis'...
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

Weekly roundup: Feds holds interest rates, Biden finalizes milder fuel rules, IIHS survey finds majority support speed limit warnings

- June 14, 2024
Earlier this week: The Federal Reserve held interest rates unchanged. The Biden Administration finalized milder fuel economy rules. The majority of U.S. drivers support speed limit warnings in vehicles. A...


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