Stellantis Q1 revenues fall 12% amid product portfolio transition
- Stellantis said on Tuesday its revenue fell 12% in the first quarter of the year on lower volumes, unfavourable product mix and foreign exchange dynamics, partially balanced by "firm" pricing power.
- 04/30/2024
|
Stellantis (STLA) Increases Yet Falls Behind Market: What Investors Need to Know
- Stellantis (STLA) closed at $24.74 in the latest trading session, marking a +0.57% move from the prior day.
- 04/26/2024
|
Stellantis (STLA) Suffers a Larger Drop Than the General Market: Key Insights
- In the most recent trading session, Stellantis (STLA) closed at $24.60, indicating a -1.05% shift from the previous trading day.
- 04/25/2024
|
Stellantis could ditch UK over net zero car rules, boss warns
- Stellantis NV (NYSE:STLA, EPA:STLA)'s boss has warned the carmaker could ditch Britain over obligations to sell an increasing proportion of electric vehicles (EVs) annually. Carlos Tavares called the rules, which come under the zero emissions vehicle (ZEV) mandate, “terrible” for the UK in a media briefing on Thursday, adding they could see the Vauxhall and Fiat maker leave.
- 04/25/2024
|
Vauxhall boss rips into UK net zero rules
- Vauxhall parent company Stellantis has warned it might pull out of the UK if plans to limit petrol-fuelled sales aren't dropped or amended. Carlos Tavares, the European car giant's chief executive, told reporters that the rules to curb petrol sales were "a disaster" that would force cars to be sold at a loss.
- 04/25/2024
|
Stellantis Layoffs 2024: What to Know About the Latest Jeep Job Cuts
- Stellantis (NASDAQ: STLA ) laid off 199 assembly workers at a Jeep plant represented by the United Auto Workers (UAW). It said more job cuts are coming.
- 04/24/2024
|
Cautious on all Big Three automakers amid pricing and EV headwinds, says Wells Fargo's Langan
- Colin Langan, Wells Fargo auto and mobility analyst, joins 'Squawk on the Street' to discuss the analyst's thoughts on General Motors, the expectations coming into this quarter, and more.
- 04/23/2024
|
Stellantis (STLA) Is Considered a Good Investment by Brokers: Is That True?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/23/2024
|
Stellantis Stock: Get Behind the Wheel for Value and Yield
- The electric vehicle revolution is underway, and Stellantis (NYSE: STLA ) is preparing today for the industry-wide changes that are coming soon. This involves some layoffs, but that's not a bad sign for Stellantis.
- 04/18/2024
|
Stellantis to acquire stake in Argentina solar power firm in green energy push
- Automaker Stellantis said on Wednesday it will pay $100 million to acquire 49.5% of 360 Energy Solar, one of Argentina's leading solar power producers, in a push towards making its plants more energy self-sufficient.
- 04/17/2024
|
Stellantis to Announce First Quarter 2024 Shipments and Revenues on April 30
- Stellantis to Announce First Quarter 2024 Shipments and Revenues on April 30 AMSTERDAM, April 17, 2024 - Stellantis N.V. announced today that its First Quarter 2024 Shipments and Revenues will be released on Tuesday, April 30, 2024.
- 04/17/2024
|
Stellantis (STLA) Rises As Market Takes a Dip: Key Facts
- Stellantis (STLA) closed at $26.25 in the latest trading session, marking a +1.2% move from the prior day.
- 04/15/2024
|
3 Must-Buy International Stocks for a Diversified Portfolio
- While the U.S. may consistently be the best house in the worst block, sometimes, it can be advantageous to consider international stocks. Generally, financial advisors will recommend keeping your bread and butter in what you know; that is, American companies.
- 04/14/2024
|
Wall Street Favorites: 3 Auto Stocks With Strong Buy Ratings for April 2024
- With new car prices finally softening after the last five years, 2024 could see increased demand from car buyers. For consumers, the average price of a new vehicle in the United States fell 1.2% this January compared to last year.
- 04/12/2024
|
Stellantis to extend production of ICE Fiat Panda city car to 2030, CEO days
- Stellantis Chief Executive Carlos Tavares said on Wednesday the automaker would extend the production of its best-selling Fiat Panda petrol city car to 2030, in a bid to bring affordability to clients.
- 04/10/2024
|
Stellantis gains market share in Europe as sales improve
- Stellantis NV (NYSE:STLA, EPA:STLA) has reported stronger European sales over the first quarter of the year, prompted by a strong performance across Europe. Sales jumped 5.4% during the quarter, taking the Chrysler and Jeep owner's market share in Europe 0.9% higher to 19.2%, Stallantis reported on Tuesday.
- 04/09/2024
|
Stellantis (STLA) Advances While Market Declines: Some Information for Investors
- In the most recent trading session, Stellantis (STLA) closed at $26.92, indicating a +1.05% shift from the previous trading day.
- 04/08/2024
|
Bank of America cuts European EV car sales view as government subsidies fade
- Global battery electric vehicle (BEV) sales are struggling for traction this year, but it's looking particularly gloomy in Europe, where Bank of America has cut its outlook.
- 04/08/2024
|
Stellantis output in Italy down 10% in Q1, trade union says
- Production of passenger cars and vans at Stellantis' Italian plants fell 9.8% year-on-year in the first three months of this year to 170,415 units, the FIM-CISL union said on Friday.
- 04/05/2024
|
Auto industry must halve EV battery weight over next decade, Stellantis CEO says
- The automotive industry will have to reduce the weight of EV batteries by 50% in the next 10 years to make electrification environmentally meaningful, the head of Stellantis said on Wednesday.
- 04/03/2024
|
Stellantis (STLA) Registers a Bigger Fall Than the Market: Important Facts to Note
- In the most recent trading session, Stellantis (STLA) closed at $28.24, indicating a -0.21% shift from the previous trading day.
- 04/01/2024
|
US probes Stellantis 2022 RAM truck models over K1 snap ring transmission failures
- The U.S. Office of Defect Investigations (ODI) has opened a preliminary evaluation of a failure of the K1 snap ring in Chrysler-parent Stellantis' year 2022 RAM 3500, 4500, and 5500 trucks, the National Highway Traffic Safety Administration said on Friday.
- 03/29/2024
|
What's driving the post-strike rally for the big three U.S. automakers?
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 03/27/2024
|
New Stellantis layoffs mean over 3,000 jobs set to go in Italy
- Stellantis , the maker of Fiat cars, on Wednesday signed further deals with unions in Italy for voluntary lay-offs, meaning the automaker could cut its workforce by a total of over 3,000 roles in the country.
- 03/27/2024
|
Auto Giants Brace for Supply Disruptions After Baltimore Debacle
- In the wake of the Baltimore Bridge collapse, automakers face renewed supply chain disruptions, compelling them to refine strategies for rerouting and contingency plans.
- 03/27/2024
|
Russian company starts Citroen production at former Stellantis factory
- Russian company Automotive Technologies on Wednesday said it had started assembling Citroen C5 Aircross models in batches at a plant south of Moscow formerly owned by Stellantis , with the cars set to be sold in dealerships from May.
- 03/27/2024
|
What investors should know about the U.S. easing vehicle emissions rules
- The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers can meet its new regulations.
- 03/23/2024
|
Stellantis Layoffs 2024: What to Know About the Latest STLA Job Cuts
- After starting the year off with a round of layoffs, Stellantis (NYSE: STLA ) has announced even more job cuts. Indeed, the automaker is reportedly slashing another 400 white-collar jobs across its engineering, software and technology divisions.
- 03/22/2024
|
Dodge-parent Stellantis laying off hundreds of US workers
- Stellantis confirmed Friday it is laying off hundreds more U.S. workers as the parent company of Dodge, Jeep and Chrysler moves toward electric vehicle production.
- 03/22/2024
|
Chrysler-Parent Stellantis Laying Off About 400 Salaried Employees in U.S.
- The automaker has trimmed staff several times over the past year as it prepares to start selling electric vehicles in the U.S.
- 03/22/2024
|
Chrysler parent Stellantis laying off 400 salaried U.S. workers due to 'unprecedented uncertainties'
- Stellantis on Friday the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews."
- 03/22/2024
|
Chrysler-parent Stellantis laying off about 400 U.S. workers
- Chrysler-parent Stellantis said Friday it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans.
- 03/22/2024
|
Exclusive: China's Leapmotor to start production of small EV in Polish Stellantis plant
- China's Leapmotor will start producing small electric cars at a Stellantis plant in Poland as part of a joint venture between the two carmakers, two sources close to the matter told Reuters on Friday.
- 03/22/2024
|
Stellantis (STLA) Backs SteerLight's Innovative LiDAR Technology
- By backing SteerLight's innovative on-chip LiDAR technology, Stellantis (STLA) positions itself at the forefront of automotive innovation, with a clear focus on enhancing the overall mobility experience.
- 03/21/2024
|
Stellantis (STLA) Stock Just Became One of the Best Election-Proof Buys
- Gavin Newsom has a powerful new ally in his fight to electrify the Golden State. The California Governor's office has announced that Stellantis (NYSE: STLA ) has agreed to help reduce air pollution through multiple initiatives designed to get more electric vehicles (EVs) on the road.
- 03/20/2024
|
Chrysler recalling 38,000 cars over airbag concerns
- Chrysler is set to recall over 38,000 vehicles over concerns that driver airbags may not deploy in crashes, regulators said on Wednesday. Some 38,164 vehicles will be recalled, according to the US National Highway Traffic Safety Administration (NHTSA).
- 03/20/2024
|
US Softens Emission Rules Amid Slower EV Uptake, Automakers Cheer
- The revised emission rules ease the burden on Detroit 3 automakers- GM, STLA and F. The initial proposal risked $10.5B in fines by 2032.
- 03/20/2024
|
Stellantis (STLA) Ties Up With California to Reduce Emissions
- Stellantis (STLA) collaborates with California to avoid 10-12 million metric tons of greenhouse gas emissions.
- 03/20/2024
|
Stellantis buys stake in optical radar start-up SteerLight
- European carmaker Stellantis announced on Wednesday that it was acquiring a stake in optical radar start-up SteerLight as it seeks to strengthen its market position and secure access to crucial sensors for autonomous driving.
- 03/20/2024
|
Chrysler Parent Stellantis Will Follow California's Strict EV Rule—Even If Trump Reverses It
- Stellantis—the automaker behind Chrysler, Jeep, Dodge and Ram—agreed to comply with a California policy requiring two-thirds of new cars to be zero-emission or electric by 2030, potentially insulating the strict rule from challenges if former President Donald Trump returns to office and reprises his efforts to reverse California emissions standards.
- 03/19/2024
|
California, Stellantis strike vehicle emissions deal
- Chrysler parent Stellantis and the state of California reached an agreement on emissions on Tuesday after the company unsuccessfully sought to join a deal that other automakers had struck with the state in 2019.
- 03/19/2024
|
Stellantis Just Upped Its Bet on Archer Aviation (ACHR) Stock
- Archer Aviation (NYSE: ACHR ), which specializes in manufacturing electric vertical takeoff and landing (eVTOL) vehicles, is seeing choppy price action on Tuesday following an initial bump higher. Yesterday, automotive giant Stellantis (NYSE: STLA ) announced that it had bought more ACHR stock, signaling confidence in the air mobility firm.
- 03/19/2024
|
Why Are So Many EV Stocks Down Today?
- Struggling electric vehicle (EV) manufacturers have been seeking a tailwind but didn't quite get one from the U.S. Department of Energy. Under final rules released Tuesday, legacy automakers will receive significantly more mileage credits for building electric-powered vehicles.
- 03/19/2024
|
Wall Street's Favorite Dividend Stocks? 7 Tickers That Are Practically Money Machines
- The best dividend stocks are those that can produce both steady returns from both their quarterly payouts and from long-term price appreciation. For the most part, these names offer more of the latter than of the former.
- 03/19/2024
|
Investing in a Greener Future: 3 Stocks for the Eco-Conscious Investor
- The future is green. The world is progressively becoming more eco-friendly through changes in habits, consumption and even energy sources.
- 03/15/2024
|
Forget Nikola: 2 Better EV Stocks to Buy First
- One deep value investment and another start-up with much better prospects.
- 03/15/2024
|
Stellantis Just Bought 3.6 Million Shares of Archer Aviation (ACHR) Stock
- Who's bullish on Archer Aviation (NYSE: ACHR ) stock? Stellantis (NYSE: STLA ) certainly is.
- 03/12/2024
|
Auto Giants Fuel Brazil's Green Transition With Billion-Dollar Bets
- With a strong focus on sustainability and innovation, Brazil is set to become a major player in the global automotive scene, drawing in big investments and leading the shift toward greener ways to get around.
- 03/07/2024
|
Stellantis announces major investment plan for Latin America
- European carmaker Stellantis on Wednesday announced a 5-year investment plan for Latin America, with total planned investments amounting to 5.6 billion euros from 2025 to 2030.
- 03/06/2024
|
Stellantis extends slowdown at Turin plant due to weak demand
- Stellantis will extend a period of reduced operations at its Mirafiori complex in Italy due to weak demand for its fully-electric Fiat 500 small car and Maserati models, the UILM union said on Tuesday.
- 03/06/2024
|
China gives green light to Stellantis-Leapmotor joint venture - sources
- A proposed joint venture that would allow world No. 4 automaker Stellantis to build and sell Leapmotor's electric vehicles outside China has received approval from a Chinese regulator, according to two sources familiar with the matter.
- 03/06/2024
|
Skyward Surge: 3 High-Yield Stocks Taking Off
- Analysts often lump stocks into binary categories. Either a company is a growth play or a value name.
- 03/02/2024
|
Why this analyst says Stellantis is a 'great company'
- Shares of Stellantis (STLA) have rallied over 40% over the last 6 months despite headwinds from the United Auto Workers strikes. Although the stock has moved positively, one Bernstein analyst downgraded the stock from Outperform to Market Perform and lowered the price target to $27.10 per share.
- 02/28/2024
|
Stellantis aims to sell up to 500,000 vehicles across Europe in three years
- Franco-Italian automaker Stellantis said on Monday it had reached a multi-billion-euro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across Europe over the next three years.
- 02/26/2024
|
Stellantis CEO says there's still life in Waymo deal for self-driving delivery vans
- Stellantis, the automaker that owns 14 brands including Chrysler, Jeep and Ram, and autonomous vehicle technology company Waymo are not only still working together, the companies are deepening the partnership, CEO Carlos Tavares told TechCrunch in a recent interview.
- 02/24/2024
|
Stellantis CEO defends EU's 2035 ban on fossil-fuel cars
- Franco-Italian automaker Stellantis wants to stick to the European Union's goal to effectively ban the sale of new petrol and diesel cars from 2035, CEO Carlos Tavares said in an interview with German media outlet Welt published Saturday.
- 02/23/2024
|
Stellantis CEO received 36.5 million euros in 2023 in total compensation
- Stellantis CEO Carlos Tavares received 36.5 million euros ($39.5 million) in total compensation in 2023, the Italian-American automaker said on Thursday.
- 02/22/2024
|
Stellantis to start electric van production at UK Luton plant in 2025
- Stellantis said on Thursday it will launch production of medium-sized electric vans in 2025 at its Luton plant in England, providing some long-term certainty for a factory that has been producing vans for 92 years.
- 02/22/2024
|
The Investor Angle on Retail Spending, Stellantis, and Deere
- We also chat with Drew University professor Chris Andrews about changing self-checkout strategies.
- 02/21/2024
|
Stellantis CEO stays bullish on EV outlook even as rivals reverse course
- Major US and European auto manufacturers are feeling the pressure from Chinese competitors to cut electric vehicle (EV) costs to match those of fossil-fuel models. Lower-cost Chinese EVs have intensified competition, prompting European automakers to develop more affordable models.
- 02/20/2024
|
Stellantis could build Leapmotor EVs in Europe, North America
- Stellantis could build electric vehicles based on technology from Chinese affiliate Leapmotor in Europe, North America or other markets where it needs competitively-priced models to compete with Chinese EV makers, Chief Executive Carlos Tavares said on Tuesday.
- 02/20/2024
|
3 Stocks Jumping Aboard the Stock Buyback Bandwagon
- Stock buybacks are one of the many actions companies use to attract investors and raise their share price. A board of directors typically approves when a company repurchases its shares in the stock market, decreasing the overall number of outstanding shares.
- 02/20/2024
|
What Would Michael Burry Do? 3 Stocks the ‘Big Short' Investor Bought and Sold in Q4
- Michael Burry is an investing legend and one of Wall Street's biggest bears. The investor is best known for betting against the U.S. housing market during the subprime mortgage meltdown that led to the 2008/09 financial crisis, an event chronicled in the book and film “The Big Short.
- 02/20/2024
|
Stellantis considering building Leapmotor EVs in Italy, report says
- Stellantis is considering building up to 150,000 low-cost electric vehicles (EVs) in Italy, in its Mirafiori complex in Turin, as part of its agreements with Chinese automaker Leapmotor , Automotive News Europe said on Monday.
- 02/19/2024
|
Stellantis and Ford CEOs talk China electric vehicle competition
- Despite warning of a "turbulent" year expected in 2024, multinational automaker Stellantis (STLA) topped earnings estimates, issuing a share buyback program. Additionally, Ford (F) CEO Jim Farley commented on his willingness to cooperate with rivals to position itself better in Chinese markets.
- 02/15/2024
|
Stellantis rallies on record sales as shareholder returns increase
- Stellantis NV (NYSE:STLA, EPA:STLA), the owner of brands like Fiat, Citreon and Jeep, saw shares rise 5.7% after it reported record net revenues, upped the annual dividend and pledged a new round of buybacks. Net revenues came in at €189.5 billion in 2023, marking a 6% growth from the previous year, while net profit increased by 11% to total €18.6 billion.
- 02/15/2024
|
Stellantis, Renault race to cut costs to make EVs more affordable
- Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models, industry executives said on Thursday.
- 02/15/2024
|
Shares of automakers jump on buyback and dividend boost
- Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3 billion share buyback.
- 02/15/2024
|
Jeep, Dodge-maker Stellantis' profit slides as Detroit Three strikes bite
- Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the "Detroit Three" automakers hampered production.
- 02/15/2024
|
Renault, Stellantis shares rally as investors cheer cash haul
- Shares in Renault hit two-month highs and rival Stellantis shot to record highs on Thursday after the carmakers pledged to reward investors with a big jump in annual dividend and a share buyback worth billions of euros.
- 02/15/2024
|
Stellantis operating profit down 10% in H2 due to N. America strikes
- Stellantis said on Thursday its operating profit fell 10% in the second half of last year when six-week strikes at the 'Detroit Three' automakers caused long stoppages at the group's operations in North America, its profit powerhouse.
- 02/15/2024
|
Exclusive: Russians use Chinese partner to produce Citroen cars at idled Stellantis plant
- Carmaker Stellantis halted production in Russia in April 2022.
- 02/15/2024
|
Italy working to bring in another carmaker besides Stellantis
- Italy has been working for months to attract another carmaker to the country alongside Fiat-owner Stellantis , Industry Minister Adolfo Urso said on Wednesday.
- 02/14/2024
|
Stellantis Adopting Tesla's Electric Vehicle Charging Standard by 2025
- Stellantis' switch solidifies the future of NACS in America and puts an expiration date on the current CCS standard.
- 02/13/2024
|
Stellantis to invest $111 mln in Hungary facility to produce electric drive modules
- Stellantis said on Monday it will invest 103 million euros ($111.02 million) at its Szentgotthard facility in Hungary to increase production capacity of electric drive modules that will help the automaker grow its electric-vehicle portfolio.
- 02/12/2024
|
Predictions for Michael Burry's upcoming 13F filings
- Michael Burry, the medical doctor turned successful investor, made a name for himself in 2008 when he correctly predicted the crisis and shorted the U.S. housing market.
- 02/12/2024
|
Stellantis-backed ACC gets funding for European gigafactories
- Automotive Cells Company (ACC), the European auto battery manufacturer backed by Stellantis, Mercedes, and TotalEnergies, has finalised a finance agreement for establishing three gigafactories across France, Germany, and Italy. With a bank loan of €4.4 billion out of the total €7 billion needed, this marks one of the largest debt fundraising efforts in Europe's automotive sector.
- 02/12/2024
|
Focus: Stellantis uses surplus plants in Europe as leverage in a fight with Rome
- A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis CEO Carlos Tavares has exposed a tough new reality: Europe's one-time homegrown national automakers have become global players ready to exploit the EU's overcapacity of car factories to obtain better government deals.
- 02/12/2024
|
Why Stellantis (STLA) Outpaced the Stock Market Today
- Stellantis (STLA) concluded the recent trading session at $24.41, signifying a +1.5% move from its prior day's close.
- 02/09/2024
|
For The Electric Vehicle Industry, The Future Is Sodium
- Sodium-ion batteries offer a safer and cheaper alternative to lithium-ion batteries. Startups like Peak Energy and companies like Stellantis are investing in sodium-ion battery technology for electric vehicles.
- 02/08/2024
|
Stellantis preps sale of anonymised driver data
- Stellantis NV (NYSE:STLA, EPA:STLA), the owner of brands like Peugeot, Vauxhall and Fiat, is asking customers for permission to sell their anonymised vehicle data to service providers, an executive confirmed on Tuesday. Sanjiv Ghate, the head of responsible business at Stelantis' data unit Mobilisights, stated that the company is currently speaking with customers about this initiative.
- 02/06/2024
|
The 7 Most Undervalued Large-Cap Stocks to Buy in February 2024
- The “Magnificent Seven” stocks may garner the lion's share of market attention right now, but while there may be strong potential with some of “Mag 7” names, check out opportunities making far fewer headlines, like undervalued large-cap stocks. Although there are many large-cap value stocks that are “value traps,” or stocks trading at a low valuation that fail to perform well because of growth issues or other types of headwinds, there are stocks that are both undervalued, and that have catalysts in place that could help bridge the valuation gap.
- 02/06/2024
|
Stellantis exploring sale of anonymised data packages to service providers
- Stellantis is in discussions with customers about offering anonymised data packages from its vehicles to service providers, an executive said on Tuesday, confirming an earlier report in German media outlet WELT.
- 02/06/2024
|
Stellantis denies speculation of merger plan with Renault
- Stellantis Chairman John Elkann said on Monday the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault.
- 02/05/2024
|
Renault shares rise on media talk over Stellantis combination
- Shares in French carmaker Renault rose more than 4% on Monday, with traders citing media speculation over a potential combination with rival Stellantis.
- 02/05/2024
|
This Michael Burry stock could make you a millionaire
- The famous ‘Big Short' investor Michael Burry has recently had some tough luck with his bet against the semiconductor sector, which is currently experiencing a surge, as Nvidia (NASDAQ: NVDA) posts new all-time highs almost daily, and other industry players aren't far behind, with his bet down as much as $5 million since it was made.
- 02/02/2024
|
3 stocks to turn $100 into $1,000 in 2024
- The previous year was prosperous for many investors, resulting in significant gains in the stock market. The outlook for 2024 seems promising, especially in the technology sector.
- 02/01/2024
|
Why the Market Dipped But Stellantis (STLA) Gained Today
- Stellantis (STLA) closed the most recent trading day at $21.96, moving +0.41% from the previous trading session.
- 01/31/2024
|
Stellantis' Peugeot cars to use ChatGPT to talk to drivers
- Stellantis' Peugeot brand plans to use ChatGPT to improve the voice assistant in its cars and vans, the French brand said on Tuesday, joining rivals such as Volkswagen and Mercedes-Benz in tapping the popular AI chatbot.
- 01/30/2024
|
Is Adient's guidance cut a positive sign for the auto suppliers?
- Adient PLC NYSE: ADNT is one of the largest manufacturers of automotive seating and interior systems in the world. The company designs complete seat systems, including seat frames, foam cushions, mechanisms, and the actual seats.
- 01/30/2024
|
7 High-Yield Dividend Stocks With High-Upside Potential
- High-yield dividend stocks with potential for upside gains is essentially the Tony Robbins of market opportunities. Robbins gives you a big smile, a warm hug and invites into a total transformation package, turning all your visions, dreams and desires into reality.
- 01/29/2024
|
Stellantis starts production of large hydrogen vans in Poland
- Stellantis said on Monday it was starting volume production in Europe of large-sized and mid-sized hydrogen fuel cell vans, expanding its range of zero-emission commercial vehicles.
- 01/29/2024
|
Stellantis (STLA) Acquires CloudMade's AI Technologies & IP
- Stellantis (STLA) acquires CloudMade's AI Technologies and IP to improve personalized mobility experience.
- 01/25/2024
|
Stellantis (STLA) Stock Drops Despite Market Gains: Important Facts to Note
- The latest trading day saw Stellantis (STLA) settling at $21.09, representing a -1.08% change from its previous close.
- 01/24/2024
|
Stellantis to cut 600 jobs in eastern France -spokesperson
- Stellantis will cut 600 jobs at its Mulhouse plant in eastern France, a company spokesperson said on Wednesday, adding the move would concern workers on time contracts while those working with permanent labour were not affected.
- 01/24/2024
|
Stellantis acquires CloudMade's AI tech to support vehicle software development
- Stellantis has acquired the artificial intelligence framework, machine learning models and intellectual property rights and patents of British IT company CloudMade, the group said on Wednesday.
- 01/24/2024
|
Stellantis (STLA) Stock Falls Amid Market Uptick: What Investors Need to Know
- In the closing of the recent trading day, Stellantis (STLA) stood at $21.32, denoting a -0.05% change from the preceding trading day.
- 01/23/2024
|
Stellantis ‘needs few years' to become a leader in commercial vehicles
- Stellantis NV (BIT: STLAM) announced plans of pushing for leadership in commercial vehicles on Tuesday. Its shares are still in the red at writing.
- 01/23/2024
|
Stellantis can become global leader in commercial vehicles by 2030-CEO
- Stellantis aims to become leader in the commercial vehicle (LCV) market worldwide by 2030, by launching an "offensive" in North America and picking up opportunities in Asia, its chief executive said on Tuesday.
- 01/23/2024
|
Stellantis Just Predicted a Major Bloodbath for TSLA Stock. Here's Why.
- CEO Elon Musk turned plenty of heads in 2023 when he opted to slash prices on multiple Tesla (NASDAQ: TSLA ) models. A clear attempt to compete with the growing number of electric vehicle (EV) makers undercutting Tesla's high prices, Musk's decision didn't really help TSLA stock or the broader EV market.
- 01/22/2024
|
Why China poses a growing threat to the U.S. auto industry
- Chinese companies are releasing new models in record times, and many are producing EVs efficiently and profitably.
- 01/22/2024
|
Stellantis' (STLA) New Platform to Redefine EV Landscape
- Stellantis (STLA) unveils a new platform, STLA Large, showcasing its commitment to electrification and innovation. It aims to launch eight vehicles based on the platform between 2024 and 2026.
- 01/22/2024
|
Stellantis buys Brazil's DPaschoal in another components push in Latam
- Stellantis said on Friday it is buying a 70% controlling stake in Brazilian automotive services firm DPaschoal, in the automaker's latest move to expand its presence in Latin America.
- 01/19/2024
|
Stellantis CEO says automaker won't sell EVs at a loss like other carmakers
- Stellantis currently has 25 EVs available globally and expects to launch another 23 by the end of this year.
- 01/19/2024
|
Stellantis will avoid brutal price cuts, CEO says
- Stellantis will avoid being caught in a price war which would destroy its profitability, its CEO said on Friday, adding that he did not see major impacts on supplies due to ongoing disruption in the Red Sea.
- 01/19/2024
|
Stellantis to launch 8 models based on new 'STLA Large' BEV platform in 2024-2026
- Stellantis will launch eight electric models by the end of 2026 based on a new platform for large vehicles, the automaker said on Friday presenting its 'STLA Large' architecture.
- 01/19/2024
|
Goodyear to name Stellantis exec Mark Stewart as new CEO - Bloomberg News
- Goodyear Tire & Rubber Co is expected to name Stellantis executive Mark Stewart as its new CEO following a pressure campaign by activist investor Elliott Investment Management L.P. , Bloomberg News reported on Wednesday.
- 01/17/2024
|
7 EV Stocks to Buy as the Sector Races for a Recovery
- While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the future, the sector suffered a setback as the combination of sharply accelerating inflation and rising borrowing costs took their toll on consumers.
- 01/17/2024
|
7 High-Yield Dividend Stocks That Will Thrive as Interest Rates Drop
- If the will-it-or-won't-it game that the Federal Reserve is playing tips the hat toward monetary policy doves, then investors really ought to consider high-yield dividend stocks for falling interest rates. To be sure, recent consumer data shows that prices rose 0.3% higher than expected.
- 01/16/2024
|
Stellantis Strikes Deal With Euro Car Rental Giant Sixt After Sixt Dumps Tesla
- Jeep maker Stellantis (STLA) said that Europe's biggest car rental company, Germany-based Sixt, will purchase 250,000 Stellantis vehicles for use across Europe and in North America by 2026.
- 01/16/2024
|
Stellantis Layoffs 2024: What to Know About the Latest STLA Job Cuts
- Stellantis (NYSE: STLA ) layoffs are a hot topic on Tuesday as the automaker cuts 539 temporary workers across the U.S. These job cuts are affecting part-time employees at the company as it reevaluates its headcount. This is part of the Dare Forward 2030 strategic plan.
- 01/16/2024
|
Stellantis just signed a deal for 250K vehicles with Sixt
- Stellantis NV (BIT: STLAM) is in focus today after announcing a multi-billion-euro agreement with Sixt SE (ETR: SIX2).
- 01/16/2024
|
Stellantis signs agreement with rental firm SIXT to deliver 250,000 vehicles
- Stellantis NV will sell up to 250,000 vehicles across Europe and North America over the next three years under a multi-billion euro agreement with rental firm SIXT SE , the companies said on Tuesday.
- 01/16/2024
|
Stellantis plans some 2,250 temporary layoffs at Italian Mirafiori plant
- Carmaker Stellantis , will temporarily lay-off about 2,250 workers at its Mirafiori plant in the Italian city of Turin in the coming weeks in response to weak demand, unions said on Monday.
- 01/15/2024
|
Stellantis (STLA) Invests in Tiamat for Low-Cost Battery
- Stellantis (STLA) invests in Tiamat to obtain sodium-ion technology, which offers a lower cost per kilowatt-hour and increases sustainability and material sovereignty.
- 01/15/2024
|
Stellantis turning to airfreight to compensate for temporary Red Sea disruptions
- Stellantis is relying on airfreight to cope with temporary supply disruptions caused by international shifts in transport routes due to attacks on vessels in the Red Sea, a spokesperson for the carmaker said on Friday.
- 01/12/2024
|
Stellantis posts 5.9% rise in 2023 European registrations
- Stellantis said on Friday its vehicle registrations in Europe rose 5.9% last year, giving the automaker an 18.4% market share in the region.
- 01/12/2024
|
Stellantis to invest in French sodium-ion battery maker for EV output
- Stellantis announced on Friday that it is investing in French sodium-ion battery startup Tiamat to diversify its portfolio and mass-produce electric vehicles while reducing exposure to scarce resources.
- 01/12/2024
|
Stellantis (STLA) to Reshape Auto Software With Virtual Cockpit
- The collaboration between Stellantis (STLA), BlackBerry QNX and AWS is set to drive customer-first innovation and efficiency through the integration of cutting-edge virtual cockpit technology.
- 01/10/2024
|
This is Michael Burry's top-performing stock
- Assuming he is still holding it, famed ‘Big Short' investor Michael Burry is sitting on notable losses on his bearish position against the semiconductor sector, unveiled in Q3 2023.
- 01/10/2024
|
10 Top Stocks With a Strong Buy Rating Right Now
- After rallying yesterday, financial markets are struggling to regain their recent momentum. Both the Dow Jones Industrial Average and the S&P 500 Global Index are in the red today.
- 01/09/2024
|
Stellantis uses Amazon cloud to cut in-car software development to a day
- Stellantis said on Tuesday using Amazon's computing power and BlackBerry technology it has developed a "virtual cockpit" to create and test new versions of car controls and systems in a day instead of months.
- 01/09/2024
|
Stellantis (STLA) Rises But Trails Market: What Investors Should Know
- Stellantis (STLA) reachead $22.75 at the closing of the latest trading day, reflecting a +1.34% change compared to its last close.
- 01/08/2024
|
46 Ideal 2024 Fortune And Barron's DiviDogs
- In December 2023 - January 2024, Barron's/Fortune analysts-reporters combined to list three sets of stocks: (1) Top 100 of first-ever Euro Fortune 500; (2) 13 Inflation-Proof 2024 stocks; (3) Barron's 10 Favorites for 2024. Those three articles revealed 98 equities, with 84 paying dividends, and focused on every sector, except real estate. The stocks ranged from 0.03% to 45.15% in annual yield and ranged -95.60% to 194.10% in one-year price target upsides per broker analysts.
- 01/07/2024
|
1 Incredibly Cheap Dividend Stock to Buy Now
- Stellantis is "in the black" on its electric vehicles in the European and U.S. markets. The automaker's recent investment in Leapmotor will help export cheaper EVs from China.
- 01/06/2024
|
Lawmakers Want EV Makers to Stay Out of Union Negotiations. That Would Be Good for EV Stocks, Too.
- After winning an important victory for employees of Detroit's “Big Three” automakers, the United Auto Workers (UAW) union isn't slowing down. The union successfully secured new contracts for workers at Ford (NYSE: F ), General Motors (NYSE: GM ) and Stellantis (NYSE: STLA ).
- 01/05/2024
|
Chrysler-parent Stellantis will not advertise in Super Bowl
- Chrysler-parent Stellantis said Friday it will not advertise in next month's NFL Super Bowl, citing the challenging U.S. automotive market.
- 01/05/2024
|
Pending Italy electric car incentives curb Stellantis' output in Italy - union
- Incentives for electric vehicles announced by Italy in July but not expected to come into effect until January weighed on the production of Stellantis' full-electric 500 models last year, the FIM CISL union said on Friday.
- 01/05/2024
|
Stellantis (STLA) Declines More Than Market: Some Information for Investors
- In the most recent trading session, Stellantis (STLA) closed at $23.05, indicating a -1.16% shift from the previous trading day.
- 01/02/2024
|
A Flashback of the Biggest Auto Sector Stories of 2023
- Let's look back at some of the most important automotive stories of 2023, including UAW-Detroit 3 standoff, Tesla's NACS wave and more, which grabbed the headlines.
- 12/29/2023
|
4 Top-Ranked Auto Stocks That Crushed the Market in 2023
- Despite high vehicle financing costs, auto sales witnessed growth on pent-up demand and improved inventory levels. Industry players like STLA, RACE, GP and CARG handily outpaced the market.
- 12/28/2023
|
Revealed: Michael Burry's stock portfolio performance in 2023
- Few figures in the investment realm have captured attention quite like Michael Burry.
- 12/25/2023
|
Stellantis: There's No Reason To Be So Cheap
- Stellantis is the fourth-largest automotive manufacturer in the world, with a diverse range of well-known brands and a strong market presence in North America and Europe. The transition to electric vehicles poses a risk, but it is not expected to happen soon, allowing for significant growth in the internal combustion engine vehicle market. Stellantis stands out among its competitors with high EBITDA margins, negative net debt, and attractive valuation metrics, making it a deep-value opportunity.
- 12/22/2023
|
New Strong Buy Stocks for December 22nd
- DOYU, STLA, BGNE, LEGH and WTS have been added to the Zacks Rank #1 (Strong Buy) List on December 22, 2023.
- 12/22/2023
|
Best Value Stocks to Buy for December 22nd
- STLA, CZWI and OBDC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 22, 2023.
- 12/22/2023
|
3 Top-Ranked Automakers to Ride the EV Landscape in 2024
- With global electric car sales reaching new heights and governments worldwide setting ambitious EV targets, investors can buy favorably ranked stocks like TM, STLA and NIO to tap into the EV boom.
- 12/21/2023
|
Time to Buy These Highly Ranked Growth Stocks
- As two of the top-performing IPOs in recent years, Palantir (PLTR) and Stellantis' (STLA) stock currently sport a Zacks Rank #1 (Strong Buy) and have an "A" Zacks Style Scores grade for Growth.
- 12/20/2023
|
Are You Looking for a Top Momentum Pick? Why Stellantis (STLA) is a Great Choice
- Does Stellantis (STLA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/20/2023
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/20/2023
|
5 Non-U.S. Stocks to Buy as Wall Street Fires on All Cylinders
- We have selected five high-flying non-U.S. companies that have strong potential for 2024. These are: NVO, NTES, TM, PDD, STLA.
- 12/18/2023
|
Here's why Wells Fargo's Colin Langan is bearish on the auto sector
- Colin Langan, Wells Fargo senior equity analyst, joins 'Squawk on the Street' to discuss Langan's top pick in the auto sector, why the analyst is bearish on the sector, and the demand question for the automakers.
- 12/14/2023
|
Stellantis Stock Can Double From Here
- Stellantis is a major global automaker formed from the merger of Fiat Chrysler Automobiles and PSA Group. The company is facing challenges in catching up with the electrification trend and competing with leading EV makers. Stellantis is implementing an EV strategy through partnerships and acquisitions, including a joint venture with Chinese EV startup Leapmotor.
- 12/12/2023
|
Michael Burry bought this stock in Q3; It's down 18% since then
- In line with expectations, Michael Burry‘s Scion Asset Management experienced a notable setback last month, as revealed by the Q3 13-F securities filings.
- 12/11/2023
|
Stellantis Just Passed Ford and GM in the Electric Vehicle Race. Is It a Buy?
- Stellantis' EVs are in the black in U.S. and Europe. Ford is pulling back on EV ambitions.
- 12/10/2023
|
Stellantis, Ample to introduce battery swap stations in Europe
- Stellantis (STLA) and battery swapping startup Ample announced a new partnership to bring swap stations to Europe in 2024. The tie-up comes as the battery exchange market sees steep growth valued at over $1 billion per Global Market Insights.
- 12/10/2023
|
Stellantis Layoffs 2023: What to Know About the Latest Jeep Job Cuts
- Stellantis (NYSE: STLA ) stock is surprisingly in the green Friday despite announcing a series of sweeping job cuts at several of its Jeep plants. So what do you need to know about the Stellantis layoffs?
- 12/08/2023
|
Why automakers are turning to hybrids in the middle of the industry's EV transition
- Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.
- 12/08/2023
|
Stellantis (STLA) Partners With Ample for Battery Technology
- Stellantis (STLA) joins forces with Ample to integrate Ample's Modular Battery Swapping technology into its electric vehicles.
- 12/08/2023
|
Stellantis to cut Detroit SUV production, citing California emissions rules
- Chrysler-parent Stellantis said on Thursday it will temporarily cut one shift at its Detroit assembly plant that builds Jeep sport utility vehicles, citing California emissions regulations.
- 12/07/2023
|
Stellantis partners EV battery startup Ample for its Spanish rental fleet
- Chrysler-parent Stellantis NV on Thursday said that it will integrate swappable battery technology in its fleet of rental electric vehicles as it looks to win over potential customers concerned about range anxiety and long charge times.
- 12/07/2023
|
Stellantis seeks to void California emissions deal with rival automakers
- Chrysler-parent Stellantis said on Wednesday it is seeking to void a 2019 California emissions deal with rival automakers that it says puts the Italian-American automaker at a severe disadvantage.
- 12/06/2023
|
Best Value Stocks to Buy for December 6th
- STLA, EG and ARCO made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 6, 2023.
- 12/06/2023
|
New Strong Buy Stocks for December 6th
- EG, AGRO, ARCO, STLA and NSIT have been added to the Zacks Rank #1 (Strong Buy) List on December 6, 2023.
- 12/06/2023
|
Stellantis to bring Fiat500e to U.S. in early 2024
- Stellantis NV (NYSE:STLA, EPA:STLA)'s Fiat 500e will go on sale in the United States in the first quarter of 2024, marking its first electric vehicle (EV) to enter the market. The Italian-built minicar is returning to the U.S. in a special edition called the 500eRED model which will be priced starting at $32,500 plus a $1,595 destination fee.
- 12/05/2023
|
Stellantis resurrects small Fiat 500e EV for the U.S., starting at $34,095
- The 500e will be the first all-electric vehicle offered in the U.S. by Stellantis since the company formed in 2021.
- 12/05/2023
|
China and the U.S. are testing the limits of global trade
- China remains an attractive market for U.S. businesses. For example Meta Platforms META, -1.48% and Tencent Holdings 700, -2.53% TCEHY, -0.85% have struck a deal to sell American-designed, Chinese manufactured lower-cost and lower-technology virtual-reality headsets in China.
- 12/05/2023
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/04/2023
|
Million-Dollar Moves: 3 Stocks Attracting Big-Money Attention
- If you're curious about which stocks millionaires are buying, look no further. Amidst the pulsating heartbeat of the stock market, certain stocks emerge as titans, attracting the gaze of big-money players and seasoned investors.
- 12/04/2023
|
Auto Stock Racing Toward Best Day Since 2021
- General Motors Co (NYSE:GM) stock is pacing the New York Stock Exchange (NYSE) today, last seen up 9.3% to trade at $31.58, on track for its best single-session gain since January 2021.
- 11/29/2023
|
50 Large-Cap High-Yield Stocks For December
- Dogsofthedow.com, or DOD, recently published its list of 50 large-cap high-dividend stocks as of 11/27/23 per data from YCharts. The DOD list targeted-investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up.”. Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.
- 11/29/2023
|
Don't pump the brakes on the auto industry just yet, BofA analysts say
- With third-quarter results and the United Auto Workers strike in the rear-view mirror, US automakers are in a better position than many may think, analysts at Bank of America believe. “3Q results were mostly better than our expectations, as volumes came in stronger across geographies.
- 11/28/2023
|
Big investors weigh response to Musk social media controversies
- Shares of Tesla Inc. NASDAQ: TSLA are having a banner month, advancing more than 17% so far in November. Nonetheless, shares are still underperforming some other automotive stocks, including Stellantis N.V.
- 11/28/2023
|
3 Top-Rated EV Stocks That Analysts Are Loving Now
- In the quest for promising investments, the term “top-rated EV stocks ” resonates strongly with forward-thinking investors. Analysts underscore this, seeing strong potential in EVs despite some market volatility.
- 11/27/2023
|
11 Tesla Competitors: Discover Which Could Threaten The EV Carmaker's Dominate Run
- Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million.
- 11/25/2023
|
EV Picks With Potential: 3 Stocks Offering More Than Just Hype
- Although the usual line remains the same – electric vehicles are the future – several hyped EV stock picks have suffered the curse of the market jinx. With various pressures such consumer demand erosion and a sector-wide price war clouding the burgeoning industry, electric mobility is arguably facing its first true test.
- 11/23/2023
|
Stellantis lifts 2030 revenue target for recycling and reconditioning unit
- Stellantis NV (NYSE:STLA, EPA:STLA) plans to revise its 2030 revenue target for its recycling and reconditioning unit, following a 25% revenue growth this year. The carmaker's CEO Carlos Tavares highlighted the impact of volatile raw material prices on the affordability of electric vehicles (EVs) and emphasized the need for a stable supply chain to avoid market fluctuations and reduce inflation.
- 11/23/2023
|
Stellantis to revise up revenue target for 'circular economy' unit
- Stellantis' revenue target for its recycling and reconditioning unit will be raised after growing 25% so far this year, the group's Chief Executive Carlos Tavares said on Thursday inaugurating its first hub for the business.
- 11/23/2023
|
Stellantis repurchases billion dollar stake from Chinese manufacturer
- Stellantis NV (NYSE:STLA, EPA:STLA) has announced it has repurchased over a billion dollars worth of shares from Chinese auto manufacturer Dongfeng Motor Group. Half of Dongfeng's stake in Stellantis was re-bought through the deal, the latter said in a press release on Wednesday, equating to 50 million common shares.
- 11/23/2023
|
Stellantis (STLA) Signs MoU With CATL for LFP Battery Supply
- Stellantis (STLA) and CATL sign a MoU to localize the supply of LFP batteries in the European market.
- 11/22/2023
|
Stellantis agrees Europe EV battery supply deal with China's CATL
- Stellantis NV (NYSE:STLA, EPA:STLA) has agreed a partnership with Chinese firm CATL for the supply of electric vehicle batteries to its production sites in Europe. Under the non-binding preliminary agreement, CATL will supply Stellantis with battery cells and modules as it bids to exclusively offer electric vehicles in Europe by 2030.
- 11/21/2023
|
Stellantis, CATL sign preliminary deal for LFP battery supply in Europe, consider JV
- Carmaker Stellantis and Chinese EV battery giant CATL said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric vehicle (EV) production in Europe.
- 11/21/2023
|
UAW Workers at Ford, GM, and Stellantis Vote for Contracts. The Stocks Are Up.
- Members of the United Auto Workers at the Detroit Three ratified labor deals that run through April 2028.
- 11/20/2023
|
Argentina Lithium outlines accelerated exploration plan following Stellantis investment
- Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) has outlined accelerated exploration plans for 2024 following the recent financing agreement it announced with Stellantis subsidiary Peugeot Citroen Argentina. Under the revised program, the company said it plans to complete up to 30 drill holes at its large and highly prospective Antofalla North project to bring it to a resource delineation stage.
- 11/20/2023
|
Stellantis to start in-depth talks with Italian govt to boost car production
- Fiat-parent company Stellantis will start in-depth talks with the Italian government next month to finalise a broad agreement for the country's automotive industry, including higher domestic production targets.
- 11/20/2023
|
Ford and Stellantis workers join those at GM in approving new contract
- DETROIT — The United Auto Workers union overwhelmingly ratified new contracts with Ford and Stellantis, that along with a similar deal with General Motors will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles.
- 11/19/2023
|
UAW members at Ford ratify labor deal, following peers at GM and Stellantis
- United Auto Workers members at Ford Motor Company (NYSE:F) have ratified their proposed labor agreement, according to results published by the union, bringing the contract negotiations with the big three Detroit automakers to an end. Workers at Ford were the final group to ratify their deal, following their counterparts at General Motors Company (NYSE:GM) and Chrysler owner Stellantis NV (NYSE:STLA, EPA:STLA).
- 11/17/2023
|
Ford and Stellantis Workers Ratify New UAW Contracts
- United Auto Workers (UAW) union members voted Friday to ratify the new contracts reached with Stellantis (STLA) and Ford (F) during the union's historic strike against the Big Three automakers.
- 11/17/2023
|
UAW workers at Ford and Stellantis ratify new labor contracts
- Members of the United Auto Workers union voted to ratify new labor contracts with Ford and Stellantis that will boost wages and benefits while running through April 2028.
- 11/17/2023
|
Ford, Stellantis workers OK new labor contract as UAW seals deal with Detroit Three
- The votes locks in the UAW's tentative agreement with the Detroit Three automakers through April 2028, which includes a 25% increase in base wages.
- 11/17/2023
|
UAW members ratify labor deal with Chrysler-parent Stellantis
- United Auto Workers members at Chrysler parent Stellantis NV (NYSE:STLA, EPA:STLA) have voted to ratify a historic labor agreement with the automaker, following their counterparts at General Motors, according to results posted by the union. The deal won more than 68% of support from the 26,000 Stellantis workers who voted.
- 11/17/2023
|
Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers
- A majority of Ford facilities overwhelmingly approved the deal, which, like GM and Stellantis, includes at least 25% wage increases.
- 11/17/2023
|
UAW workers at Stellantis ratify labor contract with automaker
- United Auto Workers (UAW) members at Stellantis NV have voted in favor of a tentative labor deal, the union's vote tracker showed on Friday, cementing a historical contract with record pay hikes.
- 11/17/2023
|
UAW members ratify new contract with Chrysler owner Stellantis
- A majority of the Stellantis' plants approved the deal, which, like those at GM and Ford, includes at least 25% wage increases.
- 11/17/2023
|
Subaru to raise US plant worker wages in light of UAW deals with Detroit automakers, CEO says
- Subaru will raise the wages and benefits of its U.S. plant workers in light of the new labor deals finalized by the Detroit Three automakers, the Japanese automaker's CEO said Thursday.
- 11/16/2023
|
Stellantis: I Was About To Sell, But Didn't
- Stellantis reached an agreement with workers after a 44-day strike, resulting in wage increases totaling 27% over four-and-a-half years. Headwinds being signaled by other industrial companies made me think the best days for STLA could be over. Digging into the recent report, the picture is quite a bit different.
- 11/15/2023
|
UAW & Detroit 3 Tentative Deal Leads to Mixed Responses
- Detroit 3 automakers' tentative deals with UAW have not been uniformly received. The outcome of final voting and negotiations is likely to influence labor dynamics across the industry.
- 11/15/2023
|
Stellantis offers buyouts to roughly half of US salaried employees
- Stellantis is moving forward with a cost-cutting push as it prepares for the shift to electric vehicles and larger labor cost under the new tentative UAW contract.
- 11/14/2023
|
Here's why the UAW's record deals with GM, Ford and Stellantis aren't getting full support
- The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received notable rejections at Ford and GM.
- 11/14/2023
|
Stellantis offers buyouts to 6,400 US salaried employees
- Stellantis, the parent company of Chrysler, announced on Monday that it is offering 6,400 US salaried employees voluntary buyouts in an effort to cut costs amid the transition to electric vehicles following a new United Auto Workers contract. The offer will be given to about half of its US white-collar employees.
- 11/13/2023
|
Stellantis offers buyouts to roughly half of U.S. salaried workers
- This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with the UAW covering unionized workers.
- 11/13/2023
|
Stellantis offering another round of buyouts to white-collar workers: WSJ
- Chrysler parent Stellantis STLA, +1.60% plans to offer its second round of buyouts this year to around half its white-collar employees in the United States, the Wall Street Journal reported Monday. The reported buyouts, set to be offered to around 6,400 salaried workers, would come as the automaker tries to cut costs in an effort to pivot to electric vehicles and as the company prepares to pay out more after reaching a tentative deal with United Auto Workers union employees, the Journal said.
- 11/13/2023
|
Stellantis offering 6,400 US salaried employees voluntary buyouts
- Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract.
- 11/13/2023
|
Stellantis Eyes Range Anxiety, Aims To Shake Up EV Market
- Stellantis introduced the 1500 Ramcharger, a battery-electric pickup truck with an on-board generator to address range anxiety and charging infrastructure issues. The Ramcharger generates 663 horsepower, has a range of 145 miles on pure electric charge, and can achieve 0 to 60 mph in 4.4 seconds. Stellantis' solution aims to appeal to pickup truck buyers hesitant to switch to electric vehicles, but its success and potential impact on competitors remain uncertain.
- 11/10/2023
|
3 Best Buys From the Promising Foreign Auto Industry
- The foreign auto industry is thriving on soaring EV demand and rising sales in key markets like India, Japan and Europe. Industry participants like TM, STLA and HMC make for solid investment options.
- 11/10/2023
|
Biden says all autoworkers deserve deals like those the UAW won from Detroit automakers
- President Joe Biden said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers.
- 11/09/2023
|
Is Stellantis (STLA) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/09/2023
|
Biden will meet UAW's Fain, laud union's deals with Detroit automakers
- President Joe Biden will meet with Shawn Fain, the head of the United Auto Workers, in Illinois on Thursday to highlight the tentative contract agreements between the union and Detroit's Big Three Automakers that ended a nearly 45-day strike.
- 11/09/2023
|
GM and Stellantis Invest in EV Magnet Startup Amid Concerns About Reliance on China
- General Motors (GM) and Stellantis (STLA) joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles (EVs).
- 11/08/2023
|
Highlights of UAW's deals with Detroit Three automakers
- Workers at Ford's Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday.
- 11/08/2023
|
From oil to crypto, AI chips and interest rates – these are the 13 policymakers who matter in markets
- When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa Cook became the first Black woman to have a seat at the table of the U.S. central bank since it was founded in 1913.
- 11/08/2023
|
GM, Stellantis invest in EV magnet startup in move to reduce China reliance
- General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.
- 11/08/2023
|
The Big 3 Auto Stocks Are Screaming Buys on Tentative UAW Deal
- Labor unions may be entering a new age of victory. As of last week, the United Auto Workers (UAW) had reached tentative agreements with Detroit's Big 3 automakers.
- 11/07/2023
|
Stellantis Is Still A Conviction Buy
- Stellantis is trading at low financial metrics compared to other automotive peers, presenting a buying opportunity. The company has shown strong revenue growth and profitability, with record-breaking figures in revenue, profit, and free cash flow. STLA aims to become a leader in the electric vehicle market, with plans to launch 75 electric models by 2030 and strategic investments in battery production.
- 11/07/2023
|
The Hemi fades away as Stellantis electrifies its Ram trucks
- Stellantis will offer a previously undisclosed plug-in hybrid model of its Ram pickup truck, called Ramcharger, and phase out V-8 Hemi engines as part of its strategy to cut the CO2 emissions of its North American fleet.
- 11/07/2023
|
Stellantis' new Ram pickup is an EV — with a gas-powered generator in case the battery runs out
- The new Ram pickup can operate as an EV until the battery dies and an onboard generator — powered by a 3.6-liter V6 engine — kicks on to power the vehicle.
- 11/07/2023
|
Unifor members in some Canadian Stellantis facilities ratify new contracts
- Unifor said on Monday that members at Stellantis' facilities in Windsor, Brampton, Etobicoke, Mississauga and Red Deer have voted to ratify new three-year collective agreements with the company.
- 11/06/2023
|
What Does Stellantis's New Labor Contract Mean for Investors?
- On Monday, the UAW labor union ended its strike against Ford, GM, and Stellantis. All Big Three automakers can expect their labor costs to rise going forward.
- 11/06/2023
|
Stellantis N.V. (STLA) Q3 2023 Earnings Call Transcript
- Stellantis N.V. (NYSE:STLA ) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Ed Ditmire - Head, Investor Relations Natalie Knight - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs Michael Jacks - Bank of America Daniel Roeska - Bernstein Research José Asumendi - J.P.
- 11/05/2023
|
UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
- Fain plans to use record contracts recently won with GM, Ford and Stellantis to assist in the union's embattled organizing efforts elsewhere.
- 11/03/2023
|
Why These 7 Overlooked Value Stocks Could Be Your Golden Opportunity
- With the major equity indices signaling the possibility of a slowdown – if not an outright downcycle – investors may be better served considering overlooked value stocks. At this moment, I like the idea of self-preservation, meaning that taking on hyped growth names may not be prudent.
- 11/03/2023
|
UAW-Stellantis deal includes $18.9 billion in investments, new truck for idled plant
- The largest investments under the deal include $1.5 billion each for Belvidere Assembly in Illinois, a Dodge-Jeep plant in Detroit and a Jeep complex in Ohio.
- 11/02/2023
|
UAW leaders send Stellantis contract deal to members for vote -source
- Leaders of the United Auto Workers union on Thursday agreed to send a tentative contract agreement with Chrysler-parent Stellantis to members for a ratification vote, a source told Reuters.
- 11/02/2023
|
UAW workers end 6 week strike against Detroit automakers, here's what it means for the EV transition
- Autoworkers have concluded a six-week strike, securing tentative agreements with Detroit's major automakers—Ford (F), Stellantis (STLA), and General Motors (GM). The deals encompass increased pay for union workers and involvement in the EV transition.
- 11/01/2023
|
Michael Burry stock portfolio performance update
- The investing world saw only a few names gain as much notoriety as Michael Burry.
- 11/01/2023
|
UAW strikes cost Stellantis about $3.2 billion in revenue
- Stellantis has announced tentative agreements with both the UAW and Canadian Unifor unions since Saturday, however the deals must still be ratified by members.
- 10/31/2023
|
Chrysler owner Stellantis takes €3 billion hit from strikes
- Chrysler, Maserati and Fiat owner, Stellantis NV (NYSE:STLA, EPA:STLA), said strike action by US car workers had hit revenue by around €3 billion. Stellantis's chief finance officer Natalie Knight estimated the hit to profitability from the six weeks of strikes over pay at “under €750 million”.
- 10/31/2023
|
Winners and losers of the UAW talks with GM, Ford and Stellantis
- Fain and the union are clear winners at the end of bargaining, but others like Tesla and President Joe Biden may also come out ahead.
- 10/31/2023
|
Stellantis Sees a Smaller Hit From UAW Strike Than Ford and GM. The Stock Rises.
- Stellantis looks set to emerge from the six-week UAW strike with less damage than Ford and General Motors.
- 10/31/2023
|
Stellantis revenue rose 7% in Q3, sees US strike impact of 3 bln euros
- Stellantis said on Tuesday its sales rose 7% in the third quarter, while the six-week strikes in the United States over salary increases had an overall negative impact on the group's revenue of around 3 billion euros ($3.2 billion).
- 10/31/2023
|
UAW reaches deal with GM, ends coordinated strikes against Detroit automakers
- The United Auto Workers (UAW) union reached a tentative agreement with General Motors on Monday, signaling an end to walkouts that have cost the No. 1 Detroit automaker more than $400 million a week.
- 10/30/2023
|
EV sales for automakers will be sluggish in the near term, says RBC Capital's Tom Narayan
- Tom Narayan, RBC Capital global auto analyst, joins 'Power Lunch' to discuss the impact of the UAW's tentative deal on automakers.
- 10/30/2023
|
Canadian Union Unifor Reaches Tentative Deal With Stellantis
- After announcing a tentative deal with the United Auto Workers (UAW) union in the U.S. last week, automaker Stellantis (STLA) reached a tentative deal with Canadian union Unifor on Monday.
- 10/30/2023
|
Unifor reaches tentative deal with Stellantis, ending brief strike in Canada
- Unifor, the Canadian labor union representing over 8,200 workers, announced a tentative agreement with Stellantis on Monday, bringing an end to a short-lived strike at the automaker's facilities. The strike had commenced after the two parties failed to reach a deal by a Sunday deadline, but continued negotiations led to a resolution.
- 10/30/2023
|
Canadian workers union Unifor, Stellantis reach tentative labor deal
- Canadian workers union Unifor said on Monday its members at the facilities of Stellantis in Canada have reached a tentative labor agreement.
- 10/30/2023
|
Stellantis Leapmotor Deal Wins Mixed Reviews As It Seeks EV Traction
- Stellantis's deal with China's Leapmotor was welcomed as the EV revolution gains pace, although some considered it risky. Stellantis needs to accelerate its EV plans.
- 10/30/2023
|
Canadian auto union initiates national strike at Chrysler-parent Stellantis
- After reaching a tentative agreement Saturday with the United Auto Workers union , Chrysler-parent Stellantis is now facing a national labor strike in Canada.
- 10/30/2023
|
Stellantis Hit By Fresh Strike Just Days After UAW Deal. It's a Surprise.
- Canadian union Unifor said it began strike action at all Stellantis facilities in the country early Monday, with more than 8,200 workers walking out.
- 10/30/2023
|
Canadian Labor Union Begins Strike Against Chrysler-Maker Stellantis
- The strike announcement comes just a day after the Detroit automaker reached a tentative deal with striking union workers in the U.S.
- 10/30/2023
|
Canadian union Unifor to strike at all Stellantis' facilities
- Canadian workers union Unifor said early on Monday more than 8,200 members will go on strike at all Stellantis facilities as the company was unable to reach a tentative agreement before the Sunday deadline.
- 10/30/2023
|
UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
- United Auto Workers (UAW) has announced a "tentative agreement" with automaker Stellantis (STLA), following its deal with Ford Motor Co. (F) last week.
- 10/29/2023
|
GM Hit With UAW Strike Expansion After Stellantis Agreement
- The move was unexpected.
- 10/28/2023
|
UAW and Stellantis close to tentative agreement in Illinois
- Negotiators will outline terms to local union officials on Saturday, including reopening automaker's Belivedere plant, sources say
- 10/28/2023
|
U.A.W. Reaches Tentative Deal With Stellantis, Following Ford
- Stellantis, the parent of Chrysler, Jeep and Ram, and the United Automobile Workers union said they had reached a deal on a new contract similar to the one that the union reached with Ford.
- 10/28/2023
|
UAW Reaches Tentative Contract Deal With Stellantis—Leaving Only GM To Negotiate
- The labor deal with Stellantis would provide raises for employees and send more than 14,000 striking employees back to work.
- 10/28/2023
|
UAW expected to announce tentative agreement with Stellantis to end labor strike
- The tentative deal is the result of contentious negotiations, which saw thousands of union members walk out of plants and onto picket lines.
- 10/28/2023
|
UAW, Stellantis close to tentative deal, will detail reopening Illinois plant -sources
- Top United Auto Workers are close to a tentative agreement with Stellantis and will outline to local union officials on Saturday terms including reopening the automaker's Illinois assembly plant, two people familiar with the matter said.
- 10/28/2023
|
3 Dividend Growth Stocks to Buy With Yields Between 4% and 8%
- Wagering on dividend growth stocks offering yields of 4% to 8% can harmonize income with capital appreciation potential. However, the tempo of sustainability is imperative to consider as you look to scrutinize the payout ratio, growth prospects, and the firm's financial health.
- 10/28/2023
|
3 Exciting EV Stocks to Buy for 100% Returns
- The electric vehicle (EV) market has a high-growth potential that seems to be increasingly favorable in comparison to gas-fueled cars. Last quarter alone, more than 300,000 EVs were sold in the United States.
- 10/27/2023
|
When Will GM and Stellantis Agree to UAW Deals? Key Dates to Watch.
- Nov. 10 is a good guess on when the 2023 UAW-Detroit Three auto maker strike will end.
- 10/27/2023
|
Stellantis Plans to Invest $1.6B in EV Startup Leapmotor to Expand Presence in China
- Chrysler parent company Stellantis (STLA) said it plans to spend 1.5 billion euros ($1.6 billion) to acquire a roughly 20% stake in Chinese electric vehicle startup Leapmotor, in a move that could help the Big Three automaker expand its presence in China.
- 10/26/2023
|
UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
- The costly United Auto Workers (UAW) strike against Ford (F), General Motors (GM), and Stellantis (STLA), could complicate the Big Three automakers' already difficult transition to electric vehicles (EVs).
- 10/26/2023
|
Jeep Maker Stellantis Bets on a Chinese EV Startup, but Is It the Right One?
- Guessing which Chinese EV startups will come out on top seems a high-risk game, and it is a measure of the challenge facing global automakers that Stellantis feels the need to play it.
- 10/26/2023
|
Ford workers to return to work as UAW turns to GM, Stellantis
- Ford autoworkers were set to head back to work after the United Auto Workers (UAW) union reached a tentative labor deal with the company late Wednesday.
- 10/26/2023
|
Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor
- Stellantis is looking to boost its presence in China where it is a small player, while Leapmotor has ambitions to expand aggressively into Europe.
- 10/26/2023
|
Fiat owner Stellantis takes 20% stake in Chinese EV maker €1.5bn
- Stellantis NV (NYSE:STLA, EPA:STLA), the European automotive giant behind Fiat and Citroën, is investing €1.5 billion to acquire a 20% stake in Chinese electric vehicle (EV) start-up Leapmotor. The move aims to strengthen Stellantis's foothold in China's burgeoning EV market.
- 10/26/2023
|
China's Zhejiang Leapmotor will issue shares worth $1.1 bln to Stellantis
- China's Zhejiang Leapmotor Technology on Thursday said it will issue shares worth HK$8.51 billion ($1.09 billion) to Stellantis NV.
- 10/25/2023
|
STLA Stock Alert: Stellantis Partners With Orano on EV Battery Recycling
- After a difficult month, Stellantis (NYSE: STLA ) just offered investors a reason to be optimistic. The prominent automaker has been struggling for weeks as the United Auto Workers (UAW) strike drags on.
- 10/25/2023
|
Canadian union Unifor to prioritize talks on EV transition with Stellantis
- Canadian labor union Unifor said on Wednesday that it is prioritizing discussions around the EV transition for the Brampton assembly plant in its labor contract talks with Chrysler parent Stellantis NV.
- 10/25/2023
|
Stellantis in final talks to buy 20% stake in Chinese EV maker
- Stellantis, Europe's second biggest car manufacturer, is closing in on an agreement to buy a 20% stake in Chinese EV specialist Zhejiang Leapmotor Technologies, in a deal estimated to be worth upwards of $1 billion.
- 10/25/2023
|
Stellantis nears deal to buy 20% of Chinese EV maker Leapmotor- Bloomberg News
- Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor , Bloomberg News reported on Wednesday citing people with knowledge of the matter.
- 10/25/2023
|
Automaker Stellantis and nuclear group Orano partner to recover metals from lithium-ion batteries
- (Kitco News) - The JV will focus on the recovery of all materials from end-of-life lithium-ion batteries and the manufacturing of new cathode materials.
- 10/24/2023
|
UAW Strike Alert: Auto Workers Expand Strikes at GM, Stellantis
- A tough situation has just gotten tougher, it seems. Not only is the United Auto Workers (UAW) strike not likely to end anytime soon, but it's actually expanding.
- 10/24/2023
|
Stellantis furloughs another 525 workers in Michigan due to UAW strike
- Chrysler-parent Stellantis said on Tuesday it was temporarily laying off another 525 workers in Michigan due to the United Auto Workers decision to strike a company truck plant this week.
- 10/24/2023
|
Stellantis and Orano To Enter EV Battery Recycling Joint Venture
- Automaker Stellantis (STLA) said it was set to enter a joint venture with Orano, a global nuclear fuel cycle company, to recycle electric vehicle (EV) batteries to support a circular economy.
- 10/24/2023
|
Stellantis to enter JV with Orano to recycle electric car batteries
- Franco-Italian automaker Stellantis said on Tuesday it planned a joint venture with French nuclear fuels firm Orano to recycle used electric vehicle batteries and scrap from gigafactories.
- 10/24/2023
|
Stellantis and Orano to enter joint venture for recycling EV batteries and scrap from gigafactories
- Stellantis N.V. STLA, +0.32%, the former Fiat Chrysler, said Tuesday it has signed a memorandum of understanding with Orano to create a joint venture for recycling end-of-life EV batteries and scrap from gigafactories in Enlarged Europe and North America.
- 10/24/2023
|
2 Electric Flying Vehicles Stocks Ready to Fly or Crash in 2024
- Flying vehicles are no longer exclusive to movie screens and the Jetsons. They are no longer science fiction but rather quickly becoming a reality.
- 10/24/2023
|
6,800 More UAW Members Walk Out
- United Auto Workers union members at Stellantis NV's lucrative truck plant in Sterling Heights, Michigan, walked off the job Monday morning, a surprise hit designed to extract further concessions in the sixth week of the strike against Detroit's three biggest automakers. Gabrielle Coppola reports on "Bloomberg Markets.
- 10/23/2023
|
United Auto Workers walk off Stellantis pickup plant in response to the 'worst proposal on the table'
- The United Auto Workers union is expanding its strike against Stellantis NV (NYSE:STLA, EPA:STLA) with the addition of its Sterling Heights Assembly Plant in suburban Detroit, the union announced Monday. The facility employs about 6,800 workers and produces Ram 1500 full-size pickup trucks.
- 10/23/2023
|
UAW union just ordered 6,800 workers to strike a massive Ram truck facility
- The United Auto Workers union sent 6,800 Stellantis employees to the picket line Monday morning in a surprise, targeted strike at the company's Ram truck facility.
- 10/23/2023
|
United Auto Workers strike: Cost to US economy tops $9 billion
- The United Auto Workers' strike against Detroit automakers Ford, General Motors and Stellantis has cost the U.S. economy more than $9 billion so far, the latest data shows.
- 10/23/2023
|
UAW Expands Strike Against Stellantis, Amid 'Deficient' COLA Proposals
- The United Auto Workers called on 6,800 members to walk out of Stellantis' (STLA) Sterling Heights Assembly Plant on Monday as the union's strike against the Big Three automakers extends into its sixth week.
- 10/23/2023
|
UAW expands strike to 6,800 Stellantis workers in Michigan
- United Auto Workers (UAW) organizers have expanded their strike to Stellantis' (STLA) pickup truck plant in Sterling Heights, Michigan. 6,800 workers will reportedly stage a walkout and join the picket lines.
- 10/23/2023
|
Auto Workers Strike Expands To Another Stellantis Plant — 6,800 People Join The Picket Line
- Some 40,000 UAW workers at General Motors, Ford and Stellantis facilities across the country are currently on strike.
- 10/23/2023
|
UAW expands strike against Stellantis, targets largest plant
- The United Auto Workers added another Stellantis plant as a target Monday, as the union continues its ongoing strike against Detroit's Big Three automakers.
- 10/23/2023
|
UAW expands strike, hitting Stellantis' key RAM truck plant: ‘Worst proposal'
- More than 40,000 union members working at Ford, General Motors and Stellantis are now on strike since the walkouts began on Sept. 15.
- 10/23/2023
|
UAW says Stellantis ‘has the worst proposal' as it expands strike
- Stellantis NV (EPA: STLA) is comfortably in the green at writing even though the United Auto Workers expanded its strike further against the legacy automotive company on Monday.
- 10/23/2023
|
7 Stocks With Rock-Solid Cash Flow to Ride Out Turbulent Times
- While the experts may be putting on a smile ahead of possible economic challenges, investors should be prepared with quality stocks with strong cash flow. Sure, we're all hoping for a soft landing.
- 10/23/2023
|
U.A.W. Expands Strike to a Ram Plant in Michigan
- The United Automobile Workers union called on 6,800 workers to walk off the job at a large factory that makes one of Stellantis's most profitable vehicles.
- 10/23/2023
|
UAW Workers Walk Out at Stellantis Plant in Michigan That Makes Pickup Trucks
- The union says it's on strike at the Sterling Heights Assembly Plant in Michigan, which makes Dodge RAM 1500 pickup trucks.
- 10/23/2023
|
UAW expands strike to Stellantis pickup truck plant in Michigan
- The work stoppage includes roughly 6,800 workers at Stellantis' Sterling Heights Assembly Plant in suburban Detroit.
- 10/23/2023
|
UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
- United Auto Workers (UAW) President Shawn Fain said "serious" progress was made in negotiations with General Motors (GM) and Stellantis (STLA), but not Ford (F), as the union's stand up strike, which called approximately 34,000 UAW members to participate in walkouts, reaches its fifth week.
- 10/20/2023
|
Forget TSLA: Old-School Auto Stocks Are the Best EV Bets
- With apologies to fans of The Who
- 10/20/2023
|
ACHR Stock Alert: Stellantis Just Reported a 15% Stake in Archer Aviation
- Shares of Archer Aviation (NASDAQ: ACHR ) are in the green following a massive purchase from Stellantis (NYSE: STLA ). According to a Form 4 received yesterday after the market close, Stellantis acquired 12.31 million shares of ACHR stock on Oct. 16.
- 10/19/2023
|
Stellantis aims to rival Ford in commercial vehicles with sales growth
- Automaker Stellantis aims to increase sales of its light commercial vehicles (LCV) by 25% through 2027 to catch up with global market leader Ford , the unit's head said on Wednesday presenting the group's new range.
- 10/18/2023
|
Stellantis, citing UAW strike, backs out of Las Vegas tech show set for next year
- Dodge and Chrysler owner Stellantis on Tuesday announced the automaker will no longer be presenting at CES 2024 in Las Vegas, blaming the ongoing United Auto Workers strike.
- 10/17/2023
|
Stellantis to begin negotiations with Canadian auto workers union Wednesday — with a strike looming before the end of the month
- Unifor, the Canadian autoworkers union, plans to begin negotiations with Chrysler parent company Stellantis NV (NYSE:STLA, EPA:STLA) on Wednesday. Stellantis is the last of the big three Detroit automakers remaining without a contract in place with Unifor, which represents about 8,200 Stellantis workers at two Ontario plants.
- 10/17/2023
|
Stellantis to base 'around' seven models on a fifth, low-cost platform
- Stellantis plans to base seven models on a fifth, low-cost platform, an executive for the automaker said on Tuesday, as it prepares to compete against an expected 'flood' of cheap Chinese electric (EV) cars into Europe.
- 10/17/2023
|
Tesla EPS Preview: 5 Items to Watch
- Zacks Rank #3 (Hold) stock Tesla ( TSLA ) is scheduled to report third-quarter earnings on Wednesday, October 18th, after the market closes. Year-to-date, shares of Tesla have outperformed the auto industry and the general market and are up a healthy 133%.
- 10/16/2023
|
United Auto Workers strike: Cost to US economy nears $8 billion
- The economic toll of the United Auto Workers strike against Ford, General Motors and Stellantis continues to grow as the union's month-long strike continues.
- 10/16/2023
|
Canadian autoworkers ratify new contract with GM, leaving only Stellantis without deal
- TORONTO — Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors.
- 10/15/2023
|
UAW strike against Detroit automakers has entered 'new phase,' union boss says
- The United Auto Workers strike against Ford, General Motors and Stellantis could be escalated at any time rather than on a weekly basis, the union's president said Friday.
- 10/13/2023
|
Chrysler-parent Stellantis furloughs another 700 workers because of UAW strike
- Chrysler-parent Stellantis said on Friday it is temporarily laying off 700 employees from two Indiana plants due to the impact of the United Auto Workers strike.
- 10/13/2023
|
UAW Defers Expanding Its Strike as 'New Phase' Makes Surprise Walkouts the Norm
- The United Auto Workers (UAW) held off on expanding its strike on Friday, warning it will no longer be announcing strikes in advance and is prepared to launch surprise walkouts throughout the week.
- 10/13/2023
|
United Auto Workers union forgoes adding new strike targets but warns of surprise walkouts to come for Detroit automakers
- The United Auto Workers will not add new plans to its ongoing strike of the big three automakers, but UAW President Shawn Fain warned that surprise walkouts could become the norm going forward. Earlier this week, the union shut down the Ford Motor Company (NYSE:F) Kentucky Truck plant, which employs 8,700 workers and produces Super Duty pickups and Lincoln Navigator SUVs, two high-margin vehicles for the automaker.
- 10/13/2023
|
UAW threatens to escalate strike as negotiations with automakers stall
- The autoworker union president, Shawn Fain, says the ‘stand-up' strike will intensify unless the big three car companies ‘pony up'
- 10/13/2023
|
U.A.W. Says Auto Strikes Will Become More Unpredictable
- The United Automobile Workers union refrained from expanding the strikes at Ford, General Motors and Stellantis but said it could do so at any time.
- 10/13/2023
|
UAW Ratchets Up Detroit 3 Tensions With Kentucky Plant Standoff
- The UAW's surprise strike at Ford's pivotal Kentucky plant not only rattles the latter but sends shockwaves through General Motors and Stellantis.
- 10/13/2023
|
UAW says it may call more strikes ‘at any time'
- United Auto Workers President Shawn Fain said Friday that the union may call on additional workers at Big Three facilities to strike “at any time,” shifting the labor movement's strategy a month in.
- 10/13/2023
|
Ford says it's reached its limit on contract offer as UAW hints at more action against Stellantis
- DETROIT — A top Ford executive says the company has reached the limit of how much money it will spend to get a contract agreement with the striking United Auto Workers union.
- 10/12/2023
|
7 Stocks to Buy With Your 2024 Social Security Increase
- The Social Security cost of living adjustment (COLA), which is tied to the rate of inflation, was a whopping 8.7% this year. It is expected to be around 3.2% for 2024.
- 10/12/2023
|
United Auto Workers ratchet up pressure on Ford with surprise strike of its most profitable plant
- The United Auto Workers launched a surprise strike Wednesday night at the largest and most profitable Ford Motor Company (NYSE:F) factory, turning up the heat on the big three Detroit automakers. The union shut down Ford's Kentucky Truck plant, which employs 8,700 workers and produces Super Duty pickups and Lincoln Navigator SUVs, two high-margin vehicles for the automaker.
- 10/12/2023
|
Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant
- Stellantis (STLA) and Samsung SDI plan to invest more than $3.2 billion in an Indiana EV battery plant.
- 10/12/2023
|
The Zacks Analyst Blog General Motors, Honda, Toyota, Ford and Stellantis
- General Motors, Honda, Toyota, Ford and Stellantis are part of the Zacks top Analyst Blog.
- 10/12/2023
|
UAW expands strike to Ford's biggest plant, Stellantis in focus
- The United Auto Workers (UAW) are expected to return to talks with Chrysler maker Stellantis on Thursday, a day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes for the Detroit Three.
- 10/12/2023
|
The Big 3 CEOs Make Too Much for the UAW's Head. How They Really Stack Up.
- GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.
- 10/12/2023
|
Stellantis to Announce Third Quarter 2023 Shipments and Revenues on October 31
- Stellantis to Announce Third Quarter 2023 Shipments and Revenues on October 31 AMSTERDAM, October 12, 2023 – Stellantis N.V. announced today that its Third Quarter 2023 Shipments and Revenues will be released on Tuesday, October 31, 2023.
- 10/12/2023
|
UAW shuts down Ford's biggest plant; Stellantis talks resuming
- U.S. auto workers are expected to return to talks with Chrysler maker Stellantis on Thursday, a tense day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes between the United Auto Workers and the Detroit Three.
- 10/12/2023
|
Thousands Walk Out Of Ford's Biggest Plant As Auto Workers Strike Expands
- The unannounced walkout at Ford's Kentucky truck plant hits the company's largest factory that brings in around $25 billion in sales each year.
- 10/12/2023
|
Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
- The Big Three have laid off nearly 5,000 workers since the start of the historic United Auto Workers (UAW) strike against Ford (F), General Motors (GM), and Stellantis (STLA), although layoffs could have been larger, if not for the union's stand-up strike strategy, experts estimate.
- 10/11/2023
|
Stellantis, Samsung SDI Agree To Build Second Battery Plant in Indiana
- Automaker Stellantis (STLA) and battery manufacturer Samsung SDI said they would build a second U.S. battery manufacturing facility in Kokomo, Indiana, as part of their StarPlus Energy joint venture.
- 10/11/2023
|
The 3 Widest Competitive Moats on Wall Street
- Competitive moats symbolize a company's sustainable advantage, protecting it from competitors and external threats. Three standout examples illustrate this principle vividly.
- 10/11/2023
|
GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
- General Motors (GM) and autoworkers in Canada reached a tentative agreement for a new contract just hours after Canadian union Unifor called for a strike, in a move that could set the tone for the union's talks with Stellantis (STLA).
- 10/11/2023
|
The UAW's 'record contract' hinges on pensions, battery plants
- After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers.
- 10/11/2023
|
Stellantis, Samsung SDI to build second $3.2B EV battery factory in Indiana
- Stellantis and Samsung SDI announced Wednesday plan to invest $3.2 billion into a new EV battery plant in Kokomo, Indiana. This is Stellantis' sixth battery plant globally and its second in the United States.
- 10/11/2023
|
Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
- The plans were announced in the middle of contentious U.S. labor strikes and contract negotiations between Stellantis and the United Auto Workers union.
- 10/11/2023
|
Stellantis to Build Battery Plant in the U.S. Why That Complicates UAW Strikes.
- The auto maker has announced the location for a second facility in the country in a joint venture with Samsung SDI.
- 10/11/2023
|
Samsung picks Indiana for new Stellantis battery plant
- Samsung has chosen Indiana for a second time to host a new electric vehicle battery plant it is planning to build with Stellantis.
- 10/11/2023
|
Stellantis and Samsung SDI confirm Indiana for second joint EV battery plant
- Stellantis NV (NYSE:STLA, EPA:STLA) has announced it will build its second US battery manufacturing facility in Kokomo, Indiana as part of its StarPlus Energy joint venture with Samsung SDI. The Jeep and Chrysler maker said the new plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh).
- 10/11/2023
|
Stellantis, Samsung SDI plan new battery plant in Indiana
- Stellantis NV and Samsung SDI Co Ltd. plan to build a second U.S. battery manufacturing facility, the companies said Wednesday.
- 10/11/2023
|
Samsung SDI, Stellantis choose Indiana for second joint EV battery plant
- South Korea's Samsung SDI Co Ltd said on Wednesday that it has chosen the U.S. state of Indiana to build its second joint electric vehicle (EV) battery plant with carmaker Stellantis NV.
- 10/11/2023
|
US automakers lay off hundreds more workers as UAW strike's ripple effects grow
- Ford, General Motors and Stellantis all laid off more workers as the United Auto Workers strike against Detroit's Big Three automakers entered its fourth week.
- 10/10/2023
|
GM faces strike from Canadian autoworkers union Unifor
- General Motors Company (NYSE:GM) is dealing with strikes on both sides of the US-Canada border after roughly 4,300 walked off a trio of plants in Ontario on Tuesday. Unifor, the Canadian autoworkers union, said it would strike GM's Oshawa assembly complex, St. Catharines powertrain plant and the Woodstock parts distribution center.
- 10/10/2023
|
2023 Layoff Tracker: GM, Stellantis And Ford Cut Thousands As UAW Strike Continues
- Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 10/10/2023
|
New Strong Buy Stocks for October 10th
- CMPR, PARR, SCS, STLA and HLLY have been added to the Zacks Rank #1 (Strong Buy) List on October 10, 2023.
- 10/10/2023
|
Canadian autoworkers go on strike at GM plants
- More than 4,000 autoworkers in Canada are on strike against General Motors after the Unifor union and the company failed to agree to a deal similar to the one the union previously reached with Ford.
- 10/10/2023
|
Best Value Stocks to Buy for October 10th
- STLA, PARR and TH made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 10, 2023.
- 10/10/2023
|
Canadian autoworkers strike against General Motors, joining UAW
- The Canadian autoworkers will join roughly 9,200 United Auto Workers members who are on strike against GM in the U.S.
- 10/10/2023
|
United Auto Workers strike: cost to US economy sets new record
- The United Auto Workers' limited strike against Ford, General Motors and Stellantis has already cost the economy more than any other strike in the industry this century.
- 10/09/2023
|
UAW Members Strike Against Mack Trucks After Rejecting Tentative Deal
- The United Auto Workers (UAW) union launched a strike against Mack Trucks after members rejected a tentative deal with the company owned by Volvo.
- 10/09/2023
|
UAW workers reject Mack Trucks proposal including 19% pay hike, will strike Monday morning
- UAW President Shawn Fain said union workers overwhelmingly voted to reject a tentative agreement with Mack Trucks and will strike early Monday morning.
- 10/09/2023
|
UAW workers reject Mack Trucks contract, will strike
- Union workers at Volvo Group-owned Mack Trucks overwhelmingly rejected a proposed five-year contract deal and will go on strike at 7 a.m. Monday (2300 GMT), the United Auto Workers said late on Sunday.
- 10/08/2023
|
JPMorgan earnings, inflation data and UAW strike top week ahead
- The United Auto Workers strike against Ford, General Motors and Stellantis is entering its fourth wee, and Wall Street investors eye earnings from JPMorgan, Blackrock and PepsiCo.
- 10/08/2023
|
White House Advisor on US Jobs Report, UAW Strike Impact
- Jared Bernstein, chair of the White House Council of Economic Advisors, talks about the September jobs report and how the UAW strike is impacting the economy and labor. He is on "Balance of Power.
- 10/06/2023
|
Top issues in Detroit Three's negotiations with UAW
- The United Auto Workers (UAW) secured a "major breakthrough" in labor talks with the Detroit Three, as General Motors made some concessions by allowing workers at joint-venture battery plants to be covered by union contracts.
- 10/06/2023
|
UAW Holds Off Expanding Strike Against Ford, GM, and Stellantis, Citing Progress in Talks
- The United Auto Workers (UAW) said on Friday it would not expand its ongoing strike against the Big Three, General Motors (GM) Ford (F), and Stellantis (STLA), citing progress in negotiations.
- 10/06/2023
|
UAW strike: GM agrees to battery plant contract concession
- Auto workers have scored what UAW President Shawn Fain called a "transformative win" in its ongoing negotiations with the big three auto makers - Ford (F), General Motors (GM) and Stellantis (STLA). GM agreed to place their electric battery manufacturing under the union's national master agreement, according to the UAW.
- 10/06/2023
|
UAW Won't Expand Strikes, Wins Key Concession
- The United Auto Workers is giving Ford Motor Co., General Motors Co. and Stellantis NV a break from new walkouts this week as contract talks progress. The UAW says GM will include future battery workers in a new contract.
- 10/06/2023
|
UAW won't add more plants to its strike after breakthrough in talks with GM over EV battery plants
- The United Auto Workers will not expand its strike against Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA), as it has each of the past two weeks, according to a live stream announcement from union president Shawn Fain Friday. The decision to hold back on additional strikes comes after a significant breakthrough in talks with GM on one of the union's top issues: job security as automakers move from traditional cars to electric vehicles.
- 10/06/2023
|
UAW holds off on expanding strikes against Detroit's Big Three, cites progress with automakers
- United Auto Workers President Shawn Fain did not announce any new strikes against Ford, General Motors and Stellantis on Friday during a Facebook Live announcement.
- 10/06/2023
|
‘Our strike is working': UAW announces progress in talks with car giants
- Shawn Fain says General Motors has made key concession on battery manufacture and does not announce additional strikes
- 10/06/2023
|
UAW President Shawn Fain: Our goal has always been to win a record contract
- CNBC'S Dom Chu joins 'Power Lunch' to report on the takeaways from UAW president's Facebook Live.
- 10/06/2023
|
UAW strike enters fourth week: Where things stand
- Tom Narayan, European autos and commercial truck analyst at RBC Capital Markets, and Ann Marie Uetz, partner and trial attorney with Foley, join 'Power Lunch' to discuss the latest with the UAW strike and where it's headed.
- 10/06/2023
|
U.A.W. Does Not Expand Strikes at Automakers
- The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
- 10/06/2023
|
UAW will not expand strikes at Detroit automakers after last-minute GM proposal
- The United Auto Workers will not expand strikes against the Detroit automakers this week amid progress in the talks, UAW President Shawn Fain said Friday.
- 10/06/2023
|
United Auto Workers union boss set to announce next moves in strike against Ford, GM, Stellantis
- United Auto Workers President Shawn Fain to reveal Friday whether the union will expand its incremental strike against Ford, General Motors and Stellantis yet again.
- 10/06/2023
|
UAW Strike Against Detroit 3 Enters Day 21: Impact & Insights
- The UAW is expected to provide an update on the negotiations tomorrow, leaving us to wonder whether they will further expand the strike or make progress at the bargaining table.
- 10/05/2023
|
Ford, GM Sales Rise in 3Q Despite UAW Strike, Stellantis Down Slightly
- Third quarter U.S. sales figures from the Big Three automakers indicate that an ongoing strike by the United Auto Workers (UAW) has had little impact on the companies' sales so far.
- 10/04/2023
|
GM gets $6B line of credit to guard against a prolonged United Auto Workers strike
- General Motors Company (NYSE:GM) has secured a $6 billion line of credit 20 days into the United Auto Workers union strike, according to a filing with the Securities and Exchange Commission. The automaker entered a 364-day revolving credit agreement with JPMorgan Chase to secure the line.
- 10/04/2023
|
From Detroit Three automakers to healthcare, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 10/04/2023
|
Stellantis' 3Q sales slow as Chrysler's success can't outweigh declines elsewhere
- Stellantis NV (NYSE:STLA, EPA:STLA) reported third-quarter sales Tuesday afternoon that fell 1% year-over-year. The maker of Chrysler, Dodge, Jeep, Ram and others sold 380,563 vehicles in the period.
- 10/03/2023
|
UAW strike ripple effects: Former Ford CEO weighs in
- Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss the UAW strike ripple effects and which automakers can benefit from it.
- 10/03/2023
|
UAW strike impact on stocks and industry, plus why more plants could be built in Mexico and Canada
- The United Auto Workers (UAW) strike enters into its third week of picketing against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). While union representatives are seeing progress in labor negotiations with Stellantis, the UAW has extended its picket lines to additional Ford and GM facilities.
- 10/03/2023
|
Ford, GM, Stellantis face US$10 billion hit from Biden fuel proposals
- Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) could collectively be hit with fines worth well over US$10 billion under proposals on fuel economy standards in the US. Revisions to Corporate Average Fuel Economy requirements, aimed at encouraging more efficient, or electric (EV), vehicles are produced, could see the manufacturers paying US$2,151 per vehicle.
- 10/03/2023
|
GM lays off 160 autoworkers in Indiana and Ohio as UAW strike continues
- General Motors Company (NYSE:GM) said Monday that it is furloughing another 160 workers in connection with the United Auto Workers strike. 18 days into the strike, GM announced 130 cuts at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center.
- 10/02/2023
|
How a Prolonged UAW Strike Could Impact the Economy
- If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker could cost five other people their jobs.
- 10/02/2023
|
GM, Stellantis face $9.5 billion in fuel economy fines -- letter
- The Biden administration proposal to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fuel economy fines and Chrysler parent Stellantis $3 billion, according to a letter seen by Reuters.
- 10/02/2023
|
UAW strike against Ford, GM, Stellantis cost US economy nearly $4B so far
- The United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so far cost $3.95 billion in losses to the U.S. economy.
- 10/02/2023
|
From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 10/02/2023
|
Ticking Time Bombs: 3 Auto Stocks to Dump Before the Damage Is Done
- The so-called “Big Three” auto companies have become auto stocks to sell. They have been impacted very negatively as a result of the ongoing United Auto Worker (UAW) strikes.
- 10/02/2023
|
UAW strike, jobs report and Tesla deliveries top Wall Street's week ahead
- Wall Street is keeping close tabs on the UAW strike against Ford, GM and Stellantis as it drags into its third week as well as three key reports on the job market.
- 10/01/2023
|
50 Large-Cap High-Yield Stocks For October
- Dogsofthedow.com recently published this list of 50 large-cap high-dividend stocks as of 9/28/23. The DOD list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up”. Investors reduce volatility/risk by limiting high-dividend search to large well-established companies.
- 10/01/2023
|
UAW strike extended; United Airlines reaches deal with pilots union; NYC flooded: September 29, 2023
- Autoworkers have expanded their ongoing strike against Ford (F) and General Motors (GM). The strike against Stellantis (STLA) was not expanded due to progress being made in negotiations.
- 09/29/2023
|
UAW and the Big 3, 'still seem pretty far apart': Gregory Migliore, Autoblog Editor-In-Chief
- Autoworker's expanded their historic strike. against Ford (F) and General Motors (GM).
- 09/29/2023
|
UAW drops unfair labor practice charges against GM, Stellantis
- The United Auto Workers dropped unfair labor practice charges against General Motors and Chrysler-parent Stellantis on Friday.
- 09/29/2023
|
UAW Strike Is Effectively Messy Now, But End Game May Not Turn Out Well
- United Auto Workers president Shawn Fain is using unprecedented tactics and fiery rhetoric in the strike. But that may not save the union in the long run.
- 09/29/2023
|
UAW strike expands with over 7K employees walking off
- CNBC's Phil LeBeau joins 'The Exchange' to discuss more automotive plants being shut down by the UAW strike, how many employees have walked out due to the strike, and more.
- 09/29/2023
|
United Auto Workers ratchet up strikes against GM and Ford, leave Stellantis as is
- The United Auto Workers has expanded its strike against the big three automakers with workers at an additional General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) plant each joining the cause, UAW President Shawn Fain announced Friday. Specifically, new strikes are targeting GM's Lansing Delta Township plant in Michigan which builds the Buick Enclave and Chevrolet Traverse crossovers, and Ford's Chicago Assembly plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs.
- 09/29/2023
|
Detroit Three facilities where UAW is on strike
- The United Auto Workers will walk off the job at an additional plant each at General Motors and Ford Motor , but will spare Chrysler parent Stellantis after last-minute concessions, chief Shawn Fain said on Friday.
- 09/29/2023
|
UAW Expands Strike Against GM and Ford, Sparing Stellantis After Last-Minute Progress
- The United Auto Workers (UAW) expanded its strike against General Motors (GM) and Ford (F), but not Stellantis (STLA), citing progress in negotiations right before Friday's deadline.
- 09/29/2023
|
Autoworkers Expand Strike At Ford And GM—But Not Stellantis
- UAW's strike against the big three is entering its third week.
- 09/29/2023
|
UAW is expanding its strike again – but not at Stellantis this time
- United Auto Workers has decided to expand its strike again – but this time it's Stellantis that the union is leaving out.
- 09/29/2023
|
UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
- The additional strikes come one week after a similar strike expansion at GM and Stellantis.
- 09/29/2023
|
Autoworkers strike could expand significantly again
- The United Auto Workers' strike against General Motors, Ford and Stellantis, which makes cars under the Chrysler, Dodge, Jeep and Ram brands, has entered its 15th day. Follow here for the latest.
- 09/29/2023
|
Glencore, VW, Stellantis SPAC plan collapses after nickel slide
- A US1 billion SPAC or special acquisition company deal involving car giants VW and Stellantis and miner Glencore has collapsed after an agreement could not be reached over a revision of the terms ACG, a SPAC set up by the trio to buy two nickel and copper mines in Brazil from Appian Capital, said in a statement that despite its best efforts revisions to the acquisition agreement have not been agreed and deal terminated. Glencore was to invest US$100mln into the SPAC, with Stellantis and mining investment fund La Mancha Resource Capital providing an equal amount.
- 09/29/2023
|
Latest News: UAW, PGA, Disney, Nike, Apple
- United Auto Workers president Shawn Fain will announce the union's next move at 10 am ET on Friday.
- 09/29/2023
|
Automakers grow frustrated over pace of UAW negotiations as new deadline looms
- Frustrations remain around key economic demands and what some see as a lack of urgency by the union to reach a deal, according to people familiar.
- 09/28/2023
|
Argentina Lithium & Energy: a closer look at the transformative Stellantis $90M investment
- The race to secure lithium for electric vehicle battery manufacturing is already heating up. Global automaker Stellantis has announced a strategic investment of approximately $90 million into Canadian junior Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF), marking a significant milestone for the company.
- 09/28/2023
|
UAW strike: How the Big 3 could have been more empathetic to workers
- Striking auto workers threaten to expand their picket lines to other facilities yet again if Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) fail to make any sort of progress in negotiations. Workplace Culture Strategist and Speaker Jennifer Moss explains how worker empathy and loss of trust in employers are fueling the United Auto Workers' (UAW) demands for certain concessions to be recognized.
- 09/28/2023
|
Strikes on the rise: Here's why this is happening
- Bill Sokol, labor lawyer representing unions in their labor relations with employers and members, joins 'Power Lunch' to discuss the UAW strike, declining union membership, and more.
- 09/28/2023
|
UAW makes new counter proposal to Chrysler-parent Stellantis -union
- The United Auto Workers made a new counter-proposal to Chrysler-parent Stellantis on Thursday, just one day before the union is set to strike additional Detroit Three automotive facilities without serious progress in ongoing labor negotiations.
- 09/28/2023
|
UAW Now Aims for 30% Pay Raise for Members
- The United Auto Workers union wants to emerge from its strike against Detroit's three major automakers with at least a 30% pay raise, according to people familiar with the matter. Bloomberg's Craig Trudell reports from Detroit.
- 09/28/2023
|
Stellantis taps South America exec Antonio Filosa to become new Jeep CEO
- Stellantis NV (NYSE:STLA, EPA:STLA) announced on Thursday that it has appointed Antonio Filosa, its chief operating officer (COO) in South America, as the new CEO of its Jeep brand, replacing Christian Meunier effective November 1. The automaker said Meunier will "take a long break to focus on personal interests" after holding the top job at Jeep since May 2019.
- 09/28/2023
|
UAW Threatens to Expand Strikes Again
- The United Auto Workers union plans to expand its strike against Detroit's legacy automakers on Friday if there isn't major progress in negotiations. Bloomberg's Su Keenan has the latest.
- 09/27/2023
|
UAW to expand strikes Friday if no major progress has been made on labor costs and work week hours
- After President Biden joined striking auto workers on the picket line in Michigan, the United Auto Workers (UAW) union has confirmed its plans to expand its strike on Friday, September 29, if no progress has been made in labor negotiations. Investors are left wondering how long Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) can hold out.
- 09/27/2023
|
UAW strikes to expand on Sept. 29 if no major progress
- The United Auto Workers (UAW) threaten to expand its strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — again on Friday, September 29, if no major progress is made in labor contract negotiations. On Tuesday, President Joe Biden joined striking auto workers on the picket line in Michigan.
- 09/27/2023
|
GM, Ford, Stellantis could reportedly see more UAW strikes this week
- United Auto Workers strikes at more plants belonging to General Motors, Stellantis and Ford could reportedly come Friday, depending on the status of negotiations.
- 09/27/2023
|
UAW could expand strike again on Friday
- United Auto Workers President Shawn Fain is scheduled to address union members at 10 a.m. Eastern time on Friday and could announce new strike targets if there's no progress in the negotiations, the union said Wednesday.
- 09/27/2023
|
Autoworkers union may expand its strike again
- The United Auto Workers union is preparing to announce a possible expansion of its strike against General Motors, Stellantis and maybe Ford this Friday if there isn't more progress in talks, a union source familiar with plans said Wednesday.
- 09/27/2023
|
Argentina Lithium jumps on US$90 million investment by automaker Stellantis
- (Kitco News) - Shares of lithium explorer and developer Argentina Lithium & Energy (TSX-V: LIT) (OTC: PNXLF) soared today after the company announced a US$90 million investment by automaker Stellantis.
- 09/27/2023
|
UAW again threatens to expand strikes at Detroit automakers if progress isn't made by Friday
- Auto workers initially went on strike on Sept. 15, shutting down one assembly plant each for GM, Ford and Stellantis.
- 09/27/2023
|
Argentina Lithium & Energy announces US$90M Stellantis investment and offtake agreement
- Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) told investors that leading automaker Stellantis is investing the Argentine peso equivalent of US$90 million in Argentina Litio y Energia (ALE) in exchange for shares in the business. In a statement, the company also announced a lithium offtake agreement, under which ALE will supply up to 15,000 tonnes of lithium a year over an initial seven-year period to Stellantis, which owns brands that include Alfa Romeo, Chrysler, Citroën, Dodge and Fiat, among others.
- 09/27/2023
|
UAW plans to strike additional auto targets absent serious progress Friday -- source
- The United Auto Workers (UAW) union plans to strike additional Detroit Three automotive facilities on Friday absent serious progress, a source told Reuters.
- 09/27/2023
|
UAW leader condemns Trump ahead of Michigan visit during union strike
- UAW President Shawn Fain criticized Trump's track record with unions as well as his Wednesday visit being at a nonunion company called Drake Enterprises.
- 09/27/2023
|
Stellantis: The UAW Strike Will Prove Its Resilience
- The UAW strike raises serious issues for the Detroit Big Three. Stellantis seems to have the best balance sheet to face the inevitable higher costs it will have to sustain once an agreement is reached. In this article, we stress-test Stellantis' bull case to see if it can withstand one of the first turmoiled times in its short history.
- 09/27/2023
|
Biden supports UAW bargaining for a 40% raise — Elon Musk says it would bankrupt the automakers
- After President Biden joined the United Auto Workers picket line and expressed his support for a 40% wage increase, Elon Musk took to X to align himself with the automakers. UAW workers, which are striking General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA)simultaneously, “deserve a significant raise,” Biden told picketers.
- 09/27/2023
|
UAW strikes threaten already vulnerable auto parts suppliers
- In the face of prolonged strikes, some smaller suppliers are cutting workers or announcing plans to do so.
- 09/27/2023
|
The Real Cost of the United Auto Workers Strike
- Bloomberg Intelligence senior autos analyst Kevin Tynan and Constellation CEO Diana Lee join Bloomberg Radio to lay out the sweeping effects of the United Auto Workers strike on the US auto manufacturing industry. Watch Bloomberg Radio LIVE on YouTube Weekdays 10am-6pm ET WATCH HERE: bit.ly/3P7nstQ --------
- 09/27/2023
|
Elon Musk says UAW demands will ‘bankrupt' auto makers ‘in the fast lane'
- Elon Musk said demands by the United Auto Workers could quickly bankrupt the big auto makers as the strike by the UAW drew unprecedented support from President Joe Biden.
- 09/27/2023
|
This Little Known Automaker May Save Your Life and Your Portfolio
- While you may not have heard of specialty vehicle and parts maker REV Group Inc. NYSE: REV, you've likely seen their products on the roads or heard of their brands. REV Group produces emergency response vehicles, including fire trucks, ambulances and rescue vehicles, public vehicles like metro and school buses, commercial charter buses, motor homes and recreational vehicles (RVs).
- 09/27/2023
|
Elon Musk says the UAW's strike demands will drive America's big 3 automakers 'bankrupt'
- Elon Musk hit out at the United Auto Workers in a post on X on Tuesday. The Tesla CEO said the union's demands would "drive GM, Ford and Chrysler bankrupt".
- 09/27/2023
|
Samsung SDI to invest $2 bln to build second joint battery plant in US with Stellantis
- South Korea's Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint electric vehicle (EV) battery plant with Stellantis NV in the United States.
- 09/27/2023
|
Jared Bernstein Talks UAW Strike, FTC's Amazon Lawsuit
- Jared Bernstein, chair of the White House Council of Economic Advisers, discusses the UAW strike against GM, Ford Motor Co., and Stellantis NV, President Biden's show of support for strikers and the FTC's antitrust lawsuit against Amazon. He speaks on “Bloomberg: Balance of Power.
- 09/26/2023
|
President Biden visits UAW picket line as strike against top U.S. car companies persists
- President Biden stopped by Detroit, Michigan, to show support for the United Auto Workers' strike against the top U.S. car companies for higher wages. This comes as Michigan exists as an important swing state in the 2024 general election.
- 09/26/2023
|
President Biden made an unpresidential mistake by joining the UAW strike, says Peebles Corp. CEO
- Don Peebles, chairman and CEO of the Peebles Corporation, joins 'The Exchange' to discuss upset over President Biden joining the UAW picket line, Trump's effort to win Michigan, and concerns about President Biden's bid for reelection.
- 09/26/2023
|
UAW strike brings fight to consumers, worsening car-parts shortages already plaguing the industry
- The United Auto Workers strike has brought the threat of service and maintenance disruptions, just as wait times at the dealerships were already getting long.
- 09/26/2023
|
Biden tells UAW picket line: ‘Stick with it, because you deserve a significant raise'
- President Joe Biden offered praise and encouragement Tuesday to striking members of the United Auto Workers union, as he took the unprecedented step of joining them at a picket line in Belleville, Mich.
- 09/26/2023
|
The UAW Strike Is Not All Bad News for Consumers: Here's Why
- The United States is experiencing a significant surge in labor strikes, involving various unions and industries. The result of these strikes is a cumulative 4.1 million lost workdays last month, the highest in over two decades.
- 09/26/2023
|
Blame 'Bidenomics' for UAW strike, former VP Pence says
- Autoworkers continue their strike against the Big 3 automakers: Ford (F), General Motors (GM), and Stellantis (STLA). Vice President Mike Pence attributes the prolonged strike to what he perceives as a disconnect in the current 'Bidenomics' economic framework, in which he argues wages have failed to keep pace with inflation.
- 09/26/2023
|
As Biden Joins Picket Line, Does Historic UAW Strike Help Flight Attendants Organize At Delta?
- Ten days ago, UAW President Shawn Fain wore a pin that said "Delta AFA Supporter" at a Detroit rally. Also, UAW is using a strike strategy devised by AFA
- 09/26/2023
|
UAW strike: President Biden expected to visit a picket line in Michigan
- CNBC's Phil LeBeau reports on the latest from the United Auto Workers' strike.
- 09/26/2023
|
Should Value Investors Buy Stellantis (STLA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/26/2023
|
UAW Unrest: 3 Auto Stocks to Avoid as the Labor Strike Drags On
- The United Auto Workers (UAW) strike is expanding in a move that will surely hurt the U.S. economy and auto stocks as a whole. Investment bank Morgan Stanley (NYSE: MS ) recently estimated that a full month of lost automotive production would cost General Motors (NYSE: GM ), Ford Motor (NYSE: F ) and Stellantis (NYSE: STLA ) combined $7 billion to $8 billion in lost profits.
- 09/26/2023
|
Why Ford Has Been More Willing to Work With the UAW Than GM or Stellantis.
- Ford is doing better with labor than either GM or Stellantis. How Come? And is that good news for the stock?
- 09/26/2023
|
Ignore UAW, Stellantis Is Still A Solid Bet
- Stellantis, arising from the merger of Fiat-Chrysler and PSA, stands as a formidable presence in the automotive industry with a diverse portfolio and a historical annual revenue growth of 25%. The valuation suggests significant undervaluation for Stellantis, with a present fair value per share of $49.19, representing a compelling 154% upside potential from the current stock price of $19.35. Even in a scenario where revenue slumps by $100 billion in 2024, followed by modest growth at a rate of 1.65% until 2028, the fair value reaches $35.85.
- 09/26/2023
|
Time to Buy or Stay Clear of General Motors and Ford Stock as UAW Strike Continues?
- Investors may be wondering if they should still buy General Motors (GM) and Ford (F) stock for longer-term opportunities or stay clear at the moment.
- 09/25/2023
|
President Biden to join UAW strikers; Costco to report earnings: Tuesday September 26, 2023
- President Biden and Former President Trump plan to visit United Auto Workers (UAW) picket lines this week to join the union's strike against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). Costco (COST) is set to report earnings on Tuesday.
- 09/25/2023
|
Ford says ‘significant gaps' remain in UAW strike negotiations
- Ford says that despite progress there are "significant gaps" between the company and the UAW on key economic issues amid the union's strike against Detroit's Big Three.
- 09/25/2023
|
UAW's Shawn Fain done 'masterful' job in Big 3 strike: Autoblog editor
- Auto workers carry over their strike against the Big Three automakers Ford (F), General Motors (GM), Stellantis (STLA) into its second week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live to discuss how the United Auto Workers' (UAW) leadership — Union President Shawn Fain — plans to expand picket lines to more facilities after little to no progress made in negotiations, as well as how presidential candidates are weighing in on the UAW strike.
- 09/25/2023
|
UAW Strike:'We need automakers to step up': Center for American Progress
- Auto workers are expanding their strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — to 38 of GM's and Stellantis' parts and distribution centers. Center for American Progress Senior Director of Employment Karla Walter joins Yahoo Finance Live to discuss what the United Auto Workers (UAW) strike means for the auto industry.
- 09/25/2023
|
UAW Strike Escalates: Who Stands to Gain and Lose?
- UAW strike intensifies, affecting the U.S. auto industry, legacy automakers, suppliers, and the steel industry. Tesla and other non-unionized manufacturers may gain, but consumers may feel the pinch if the strike drags on.
- 09/25/2023
|
UAW strike: There are no winners and losers in labor negotiations, professor says
- Thomas Kochan, post-tenure George Maverick Bunker professor at the MIT Sloan School of Management, discusses the United Auto Workers strike and says "we need to find a settlement that works for both parties, and works for the consumers, and works for the national economy."
- 09/25/2023
|
Auto Strikes Have GM, Stellantis Facing More UAW Walkouts
- General Motors Co. and Stellantis NV are facing walkouts at 38 more facilities after talks last week with the United Auto Workers failed to make headway. Su Keenan reports on Bloomberg Television.
- 09/24/2023
|
UAW strike against the Big 3 Recap: Labor actions intensify as both sides fail to reach an agreement
- Yahoo Finance breaks down the latest developments for the 1st week of labor actions as the United Auto Workers strike heats up against the Big 3 automakers Ford, Stellantis, and General Motors.
- 09/24/2023
|
Fed's Wall of Worry: Government shutdown, UAW strike, student loan repayments and $90 oil
- While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy
- 09/24/2023
|
GM, Stellantis dealers and customers face dwindling parts as UAW strike expands
- U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis vehicles.
- 09/23/2023
|
Auto Workers Strike: Biden Will Visit UAW Picket Line
- Biden is seeking the union's endorsement in his upcoming reelection campaign and has often called himself “the most pro-union president in American history.”
- 09/22/2023
|
UAW strike: Autoworkers tired of living paycheck to paycheck, reporter says
- The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA) continues. The UAW announced that there has been negotiation progress with Ford, but not with GM or Stellantis.
- 09/22/2023
|
3 Buys and a bail: Stellantis, Disney, Tenet Healthcare & Wynn Resorts
- Gina Sanchez, chief market strategist at Lido Advisors, joins ‘The Exchange' to share three buys and a bail, including; Stellantis, Disney, Tenet Healthcare and Wynn Resorts.
- 09/22/2023
|
UAW strike has already cost the US economy $1.6B
- The United Auto Workers is on strike against Ford, General Motors and Stellantis, and the work stoppage has already cost the U.S. economy $1.6 billion.
- 09/22/2023
|
UAW strike and how railroads could be impacted
- The autoworkers are continuing their strikes against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Most economists expect for there to be some ripple effects across the U.S. economy.
- 09/22/2023
|
UAW strike can last into November: Barclays' Dan Levy
- Dan Levy, senior autos analyst at Barclays, joins 'The Exchange' to discuss why he believes the ongoing UAW strike could go longer, how the strike would impact the auto stocks, and more.
- 09/22/2023
|
UAW strike expands with 38 more plants to join in 20 states
- The UAW followed through on plans to expand its strike, with 38 more plants from Stellantis (STLA) and General Motors (GM) to join. While they have made progress with Ford (F), securing the right to strike at closed plants, enhanced profit sharing, and conversion of temp workers, among other things, they still "need some pushing", according to the President of the United Auto Workers.
- 09/22/2023
|
UAW 'went for the arteries, the hearts, and lungs' with expanded strike: Analyst
- Wedbush Senior Equity Analyst Dan Ives spoke with Yahoo Finance's Auto Reporter Pras Subramanian about the UAW strike. "This is going to be a nasty heavyweight battle that now just continues to play out.
- 09/22/2023
|
UAW President Fain's 'unique' approach could extend strike: Barron's writer
- General Motors (GM) says the “ripple effect” of the UAW strike is responsible for their 2,000-employee layoff in Kansas and idle plants. Al Root, Barron's senior writer tells Yahoo Finance's Seana Smith and Brad Smith that he estimates about 30 days for the strike and believes that UAW President Shawn Fain's approach to striking at GM (GM), Ford (F), and Stellantis (STLA) is “unique”.
- 09/22/2023
|
UAW strikes 28 additional GM and Stellantis plants — but spares Ford as sides progress towards a deal
- The United Auto Workers is expanding its strike of the Detroit automakers to 38 parts and distribution plants in 20 states operated by General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA), union president Shawn Fain said Friday morning. The union is not launching additional strikes at Ford Motor Company (NYSE:F) facilities because the company has shown it's “serious about reaching a deal,” Fain said on Facebook Live.
- 09/22/2023
|
UAW President Shawn Fain: GM, Stellantis made the decision for us to strike
- CNBC's Phil LeBeau spoke to UAW President Shawn Fain on the ground in Michigan to discuss the ongoing auto strike.
- 09/22/2023
|
UAW Expands Strikes at GM and Stellantis, but Not Ford as Negotiations Progress
- The United Auto Workers (UAW) expanded the scope of its strike at General Motors (GM) and Chrysler parent Stellantis (STLA), but not at Ford (F), citing progress in negotiations.
- 09/22/2023
|
Biden visit to UAW strike would be historic move by US president
- If Joe Biden accepts the United Auto Workers' invitation to visit their picket line, the U.S. President would be showing support to union workers in a labor dispute in a way that has not happened in the United States in more than a century, a presidential historian said.
- 09/22/2023
|
From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 09/22/2023
|
U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
- The union designated 38 spare parts distribution centers as additional strike targets at General Motors and Stellantis.
- 09/22/2023
|
UAW strike spreads to more GM, Stellantis facilities, Ford spared amid progress in talks
- The United Auto Workers union announced Friday it would broaden its strike by targeting 38 facilities belonging to GM and Stellantis, while Ford was spared amid progress in negotiations.
- 09/22/2023
|
VIEW UAW expands strikes against GM, Stellantis
- The United Auto Workers (UAW) union said on Friday it would expand its coordinated strike against General Motors Co and Stellantis but added that it had made real progress in talks with Ford Motor.
- 09/22/2023
|
UAW widens strike to all GM, Stellantis plants, Ford agrees to new contracts
- UAW's president said ahead of the union's 12 p.m. EST deadline: "Ford is showing that they're serious about reaching a deal, at GM and Stellanis, it's a different story.
- 09/22/2023
|
UAW strike set to hit deep into the industry's supply base
- Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it to get worse.
- 09/22/2023
|
UAW Expands Strikes Against GM, Stellantis Plants
- The United Auto Workers union is expanding the strike against General Motors and Stellantis NV. UAW President Shawn Fain is targeting 38 more facilities.
- 09/22/2023
|
Explainer: UAW expands strikes against GM, Stellantis in fight over new contract
- The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike against General Motors Co and Stellantis , but said it had made real progress in talks with Ford Motor.
- 09/22/2023
|
UAW is expanding strike against GM and Stellantis – but not Ford
- United Auto Workers has decided to expand its strike against two of the three legacy automakers – General Motors Company and Stellantis NV. The union is not directing the same aggression against Ford Motor Co because it has show immense interest in “reaching a deal”, as per Shawn Fain – the President of UAW.
- 09/22/2023
|
UAW to expand strike to 38 GM, Stellantis auto-parts distribution centers in 20 states
- United Auto Workers President Shawn Fain said Friday that the union is expanding the strike to 38 General Motors Co. and Stellantis NV's auto-parts distribution centers in 20 states, hobbling the two carmakers' repair network.
- 09/22/2023
|
Autoworkers Strike Expands Against GM And Stellantis—But Not Ford
- Workers at the big three have been on strike for a week.
- 09/22/2023
|
UAW targets 38 facilities at GM and Stellantis for expanded strikes; skips Ford
- The union will not initiate additional strikes at Ford Motor, as the company has proven it's "serious about reaching a deal," Fain said during a Facebook Live.
- 09/22/2023
|
Autoworkers strike enters its eighth day
- The United Auto Workers' strike against General Motors, Ford and Stellantis, which makes cars under the Chrysler, Dodge, Jeep and Ram brands, has entered its eighth day. Follow here for the latest.
- 09/22/2023
|
UAW says it is prepared to strike for 'months' in leaked messages
- The United Auto Workers Union is prepared to strike automakers for "months," according to leaked messages obtained by CNN.
- 09/22/2023
|
UAW announces significant expansion of strike at GM, Stellantis but reports progress in talks at Ford
- The United Auto Workers union is expanding its strike against GM and Stellantis but raised hopes that progress is being made in talks by saying it would not have additional workers at Ford join the strike at this time.
- 09/22/2023
|
Automakers question UAW's strike motives after leaked 'chaos' messages
- UAW communications director Jonah Furman discussed targeted strikes as causing "recurring reputations damage and operational chaos" to the automakers.
- 09/22/2023
|
Will The UAW Strike Impact EV Component Stocks?
- Our theme of EV Supplier stocks has been a mixed performer this year, rising by about 4% year-to-date, compared to the S&P 500 which has gained over 17% over the same
- 09/22/2023
|
UAW President Shawn Fain has 'thrown out the playbook' in strike talks: WSJ's Tim Higgins
- Tim Higgins, Wall Street Journal reporter, joins 'Squawk Box' to discuss the latest in UAW strike, what to expect for the new round of strike at noon today, and more.
- 09/22/2023
|
UAW strike against Detroit Big Three automakers could expand
- The United Auto Workers union's limited strike against Ford, General Motors and Stellantis could broaden to more Big Three factories Friday. Here is what we know.
- 09/22/2023
|
GM And Stellantis Layoffs Number Thousands As Strike Tensions Escalate
- The three car makers' stocks are struggling to stay buoyant.
- 09/22/2023
|
Auto Worker Stikes Have Sparked A Preference For Part Makers
- As the United States economy begins to pivot into what could be considered a 'hard landing,' the wealth gaps and distribution begin to upset specific members of the economy.
- 09/22/2023
|
Detroit Automakers Hold Late Night Negotiations With UAW To Avoid Wider Strike
- The UAW has warned more of its 146,000 members could join the strike if progress on a fair deal isn't made by noon on Friday.
- 09/22/2023
|
The UAW Could Expand Its Strike Today. Location Is Key.
- If the union idles high-profit assembly plants or high-volume powertrain plants, it means the labor confrontation is entering a tougher stage.
- 09/22/2023
|
Detroit Three automakers enter final hours to avoid wider UAW strike
- The Detroit Three automakers and the union representing the companies' U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands to include more plants.
- 09/22/2023
|
Little news from UAW and automakers 'might be a good sign', says Fmr. Ford CEO Mark Fields
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/21/2023
|
UAW - Big 3 strike continues, as deadline looms with no end in sight
- Auto workers continue to strike against the Big Three — Ford (F), Stellantis (STLA), and General Motors (GM) — as ongoing negotiations fail to make "substantial progress." In the event an agreement is not reached by the noon deadline of Friday, September 22, strikes are expected to expand to additional manufacturing facilities.
- 09/21/2023
|
UAW is threatening to expand strike if no progress is made
- Auto workers threaten to expand their strike to target key production plants if no major progress is made in contract negotiations. The Intercept's Investigative Reporter Daniel Boguslaw calls the United Auto Workers' (UAW) tactics against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) an "unprecedented labor action" in his recent report.
- 09/21/2023
|
Tesla stock weighed down by unionization concerns amid UAW strike
- Tesla Inc (NASDAQ:TSLA) shares are down about 6% this week despite the electric vehicle (EV) maker being seen as a “clear winner” in the United Auto Workers (UAW) union strikes against the Detroit Three carmakers Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA). Analysts at Wedbush earlier this week wrote that both Ford and GM were fighting an uphill battle to attempt to gain traction in the EV market while trying to satisfy union demands when facing non-unionized Tesla.
- 09/21/2023
|
UAW, Big 3 make no progress in negotiations, strike enters 6th day
- Auto workers are on the sixth day of their strike against the Big Three automakers: Ford (F), General Motors (GM), and Stellantis (STLA). As of now, there has been no notable progress in negotiations spearheaded by the United Auto Workers (UAW) union, with plans to extend the strike to additional plants if a labor contract agreement is not reached by tomorrow — Friday, September 22.
- 09/21/2023
|
Where key issues stand as UAW closes in on extended strikes against GM, Ford and Stellantis
- The UAW and General Motors, Ford Motor and Stellantis are all holding their ground on demands, and it appears likely the union will strike additional plants.
- 09/21/2023
|
Why the UAW Strike Could Boost Auto Stocks
- The Big 3 is in a labor bind…and some investors are starting to bet against General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler owner Stellantis (NYSE:STLA) as the United Auto Workers strike drags on.
- 09/21/2023
|
UAW Could Expand Strikes on Friday
- The United Auto Workers union is stepping up pressure on Detroit's Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Meanwhile, the union has rejected the latest offer from Stellantis NV. Bloomberg's Craig Trudell reports.
- 09/21/2023
|
Layoffs, work stoppages mount in UAW strike against Big Three
- The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.
- 09/21/2023
|
UAW strike isn't about making a political statement, it's about cost of living: pollster Frank Luntz
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/20/2023
|
Stellantis Makes New Offer to UAW; GM Says Union's Demand Is Too High
- The United Auto Workers says Stellantis NV made a new contract offer, while officials of General Motors Co. say the union's demand remains too high. Su Keenan reports on Bloomberg Television.
- 09/20/2023
|
GM, Stellantis lay off workers in response to UAW strike
- General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) have laid off workers less than a week into the United Auto Worker's strike on the big three automakers. GM announced Wednesday that it has halted production at an assembly plant in Fairfax, Kansas, blaming a “shortage of critical stampings” it says would have been supplied by its plant in Wentzville, Missouri, where workers went on strike last week.
- 09/20/2023
|
Fed Chair Powell: UAW strike's impact is still unknown
- Fed Chair Jerome Powell answers questions from reporters after announcing the Fed would keep interest rates unchanged in September.
- 09/20/2023
|
GM idles Kansas plant and issues layoffs following UAW strike
- CNBC's Phil LeBeau joins 'The Exchange' to discuss layoffs from Stellantis and General Motors following the UAW strike, Ford's resolutions with auto workers in Canada, and the ongoing struggle to reach a contract resolution.
- 09/20/2023
|
U.A.W. Strikes at GM, Ford and Stellantis. Here's What to Know.
- The strike began on Sept. 15 at three plants, but could expand if contract talks remain bogged down.
- 09/20/2023
|
GM and Stellantis just laid off over 2,000 additional workers because of the UAW's strike
- The UAW's strike is already affecting other GM and Stellantis factories, where nearly 2,400 workers were laid off on Wednesday.
- 09/20/2023
|
Stellantis furloughs dozens of workers, warns hundreds more could come as strike continues
- Stellantis is immediately laying off 68 employees at the Toledo Machining Plant in Perrysburg, Ohio, due to the impact from the United Auto Workers union's targeted strike at the Toledo Assembly Complex, the company said Wednesday.
- 09/20/2023
|
Stellantis lays off 68 workers at the Toledo plant
- CNBC's Phil LeBeau reports on news from Stellantis.
- 09/20/2023
|
UAW strike: 5 things to know
- The United Auto Workers strike has entered its fourth weekday, with the union breaking with tradition and striking simultaneously at one plant each of Ford Motor Co., General Motors Co. and Stellantis NV.
- 09/20/2023
|
UAW strike and the history of union work stoppages in the U.S.
- utoworkers on currently carrying out a targeted strike against the Big Three automakers, Ford (F) , General Motors (GM), and Stellantis (STLA), while both Hollywood writers and actors are striking against the big movie and streaming studios. It may seem that there may be a new rise labor activity, but Yahoo Finance's Rick Newman is "not too sure about that.
- 09/20/2023
|
GM executive slams UAW over 'flow of information,' rhetoric during strike
- President Mark Reuss focused on the union's public bashing of GM and elements of the company's "record" contract proposal that included 20% pay raises.
- 09/20/2023
|
UAW Strike Against Detroit Helps Toyota Motor Stock
- The United Auto Workers union strike against GM, Ford, and Stellantis shows no signs of early resolution. Toyota stands to benefit from the strike, as it may hurt the standing of rival automakers and lead to lost sales and profit. Consumers are divided, with some supporting the strike and others opposing it due to the macroeconomic damage it could cause.
- 09/20/2023
|
Tesla “clear winner” in UAW auto strike: Wedbush analysts
- The clear winner in the “heavyweight boxing match” between the United Auto Workers (UAW) and the Detroit Three — GM, Ford and Stellantis — is Elon Musk's Tesla Inc (NASDAQ:TSLA), according to analysts at Wedbush. As the targeted strike by UAW ends its first week, with the threat of more workers joining if no progress is seen by Friday, the analysts said Tesla sits in a non-union position, with its biggest potential EV 313 competitors now facing mounting costs and complexities in the years ahead depending on how the strike ultimately plays out.
- 09/20/2023
|
Ford Strikes Deal With Canadian Auto Workers Union, Averting Strike in Canada
- Ford (F) and Canadian labor union Unifor reached a tentative deal just hours before a deadline that helped avert strike action in Canada, while striking workers in the U.S. warned of further action if an agreement is not reached by Friday.
- 09/20/2023
|
Tesla could be a winner in the UAW strike against Detroit's Big Three
- The ongoing United Auto Workers strike against Detroit's Big Three automakers could help non-union Tesla improve its cost advantage over its rivals in the EV space.
- 09/20/2023
|
White House Officials Won't Head To Detroit Amid UAW Strike, After All—But Trump Plans Trip There
- White House officials' trip to the mecca of U.S. auto manufacturing isn't happening anymore, but Trump will be there soon.
- 09/19/2023
|
Biden admin pulls back on sending reps to Detroit to aide UAW negotiations; more plants expected to strike Friday if progress isn't made
- The Biden administration has nixed plans to send government officials to Detroit this week in an effort to help facilitate a deal between the United Autoworkers Union and the big three automakers. The administration previously said it would send acting Labor Secretary Julie Su and White House senior advisor Gene Sperling.
- 09/19/2023
|
U.A.W. Threatens Strikes at More Plants
- The United Auto Workers union said workers would walk out of more plants on Friday if it didn't make progress in talks with General Motors, Ford and Stellantis.
- 09/19/2023
|
UAW to expand strike if no progress is made by Friday
- Cornell University School of Industrial and Labor Relations Senior Economic Advisor Erica Groshen joins Yahoo Finance Live anchors Jared Blikre and Diane King Hall to discuss the latest developments in UAW strike against the Big Three automakers, key issues including technological advancements, plus what it could mean for the labor market in the United States.
- 09/19/2023
|
Ford Risks Losing $10 Million A Day If Canadian Auto Workers Strike, Expert Says
- Ford faces possible plant closures from both sides of the border as Canadian auto workers brace for strike.
- 09/19/2023
|
UAW strike and Tesla: How Elon Musk could win
- George Gianarikas, analyst at Canaccord Genuity, joins 'Power Lunch' to discuss the UAW strike and how it could be a tailwind for EVs.
- 09/19/2023
|
Car prices could surge 10% or more as UAW strike enters second week
- Car prices could surge 10% and more, according to experts -- even as the bitter standoff threatens GM and Ford with punishing losses as high as $125 million a week.
- 09/19/2023
|
White House no longer sending top officials to Detroit for UAW strike talks this week
- President Joe Biden largely sided with the striking autoworkers in an address Friday, but has received a relatively cold reception from the from the UAW.
- 09/19/2023
|
How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
- Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike means for auto dealers and more.
- 09/19/2023
|
UAW strike threatens to drive up car prices
- The United Auto Workers ongoing strike against Ford, General Motors and Stellantis may drive a spike in the cost of new and used vehicles for consumers.
- 09/19/2023
|
Where things stand on Day 5 of auto strike: A new deadline, another strike delayed
- The United Auto Workers union's already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger.
- 09/19/2023
|
3 Ways Tesla Benefits From The UAW Strike
- Last week, the UAW called a limited strike at all three major automakers for the first time in its history that is likely to escalate quickly. Investors face uncertainty as this is uncharted territory for the industry as it disrupts the pattern negotiations the UAW has always used in the past. The strike is likely to last for some time given how far apart the Big Three and UAW are in their negotiating positions.
- 09/19/2023
|
UAW strike is costing Big Three about $125 million each in lost revenue, Goldman Sachs says
- The United Auto Workers strike at Ford Motor Co., General Motors Co. and Stellantis NV plants is costing each of the Big Three automakers around $100 million to $125 million a week in delayed revenue, analysts at Goldman Sachs said in a note Tuesday.
- 09/19/2023
|
7 Safe and Steady Dividend Stocks to Buy for Volatile Time
- Navigating the unpredictable waters of today's market, safe dividend stocks emerge as a beacon of reliability. Despite an optimistic kickoff this year, the broader market sentiment has chilled.
- 09/19/2023
|
UAW President Shawn Fain: Serious progress needed to avoid more strike locations
- CNBC's Phil LeBeau reports on the latest news from the United Auto Workers' strike.
- 09/19/2023
|
Stellantis COO Mark Stewart on UAW talks: We'll continue to work in good faith to find common ground
- CNBC's Phil LeBeau and Stellantis COO Mark Stewart join 'Squawk Box' to discuss the state of the UAW talks, whether any progress have been made, the possibility of more strikes, and more.
- 09/19/2023
|
General Motors (GM), Ford (F), Stellantis (STLA) Dip on UAW Strike
- General Motors (GM), Ford (F) and Stellantis (STLA) stocks slide as the impasse with UAW workers lingers on.
- 09/19/2023
|
UAW Strike's Long-term Impact Could Even Impact Italian Luxury Cars
- Davide Grasso, CEO at Maserati, joined Bloomberg Markets with Paul Sweeney and Matt Miller to discuss car luxury brand's latest direction. This interview aired 09/18/2023
- 09/19/2023
|
UAW vows to strike at more US auto plants if progress not made by Friday
- The United Auto Workers union said it would begin striking at more plants if no serious progress is made by noon on Friday in negotiations with the Big Three U.S. automakers.
- 09/19/2023
|
US auto workers eye expanded strike as talks continue
- Uncertainty will be the most powerful weapon wielded by US auto workers, industry watchers said as the first ever simultaneous strike by Detroit's "Big Three" looks set for the long haul.
- 09/19/2023
|
Strike Is a High-Stakes Gamble for Autoworkers and the Labor Movement
- Experts on unions and the industry said the U.A.W. strike could accelerate a wave of worker actions, or stifle labor's recent momentum
- 09/19/2023
|
UAW will strike additional U.S. auto plants if 'serious progress' isn't made by noon Friday
- The timing of the additional plants would come just over a week after the union announced targeted strikes at assembly plants of about 12,700 autoworkers.
- 09/18/2023
|
UAW sets deadline for further possible strikes
- United Auto Workers President Shawn Fain said Monday that if the union has not made substantial progress toward reaching an agreement with the Big Three automakers by Friday at noon Eastern time, it is prepared to call for additional strikes. About 13,000 auto workers from three UAW plants in three different states are currently on strike at Ford Motor F, -2.14%, General Motors GM, -1.80% and Stellantis STLA, -1.61%, and the union has said it is prepared to call on more workers to walk off their jobs if necessary.
- 09/18/2023
|
UAW strike enters 4th day: Negotiations continue, union leadership threatens more actions
- Auto workers continue to pressure Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) after the United Auto Workers union (UAW) went on strike last Friday after failed labor contract negotiations. Kevin Roberts, CarGurus Director of Industry Insights & Analytics, joins Yahoo Finance Live to discuss the ripple effects stemming from the UAW's picket line.
- 09/18/2023
|
Stellantis could close 18 plants as part of latest UAW proposal; turn idled Illinois facility into 'Mega Hub'
- The latest contract proposal from Chrysler owner Stellantis to the United Auto Workers union could lead to the closure of 18 plants in the US, according to reports citing sources familiar with discussions. The proposal, made prior to the start of the UAW strike on Thursday night, could also repurpose an idled assembly plant in Illinois and bring in new investments to create a more modern parts and distribution network.
- 09/18/2023
|
U.S. Steel outlook on UAW strike tops Wall Street view
- U.S. Steel Corp. X, -0.49% shares rose in the extended session Monday after the steel maker provided a forecast that both accounted for the auto workers strike, and topped Wall Street estimates. U.S. Steel shares rose 1% after hours, following a 0.5% decline to close the regular session at $30.53.
- 09/18/2023
|
Unifor autoworkers poised to strike at Ford Motor as deadline looms
- Unifor, the union representing Canada's autoworkers, is continuing to bargain with Ford Motor Co ahead of the strike deadline of 11:59 PM EDT on Monday night. The union stated they made some progress at the bargaining table over the weekend but remain far apart on many issues, noting it has rejected the first two offers from Ford.
- 09/18/2023
|
UAW auto strike looms large for inflation and economy
- The strike by auto workers won't hurt the U.S. in the short run, but a months-long dispute could sting the economy and potentially stall the Federal Reserve's fight to tame inflation.
- 09/18/2023
|
UAW and Automakers Continue Negotiations
- Mary Kay Henry, Service Employees International Union INTL President discusses the ongoing talks between the UAW and the "Big 3" automakers. She speaks with David Westin and Romaine Bostick on "Wall Street Week Daily.
- 09/18/2023
|
UAW president says union prepared to 'amp up pressure' on automakers
- The United Auto Workers strike has entered its fourth day. UAW President Shawn Fain shared some thoughts.
- 09/18/2023
|
Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer
- The company made the latest offer Thursday, before the start of targeted strikes by the United Auto Workers Union against Stellantis, Ford and GM.
- 09/18/2023
|
UAW Says a 21% Pay Raise Isn't Good Enough
- United Auto Workers President Shawn Fain says a 21% pay raise from Stellantis NV isn't good enough. Fain called it a "no-go," proving that the union and the Big Three US automakers are far apart from ending the four day walkout.
- 09/18/2023
|
Private auto suppliers see secondary consequences of UAW strike, says RapidRatings CEO Gellert
- RapidRatings CEO James Gellert joins 'The Exchange' to discuss risks the UAW strike poses to the auto supply chain, the shift in auto production spawned by EV, and the impact the rising cost of cars has on gross auto sales.
- 09/18/2023
|
How the UAW strike could impact the U.S. economy
- Big Three UAW autoworkers from Ford (F), General Motors (GM), and Stellantis (STLA) enter day four of striking. Morningstar U.S. Autos Equity Analyst David Whiston spoke down with Yahoo Finance anchor Rachelle Akuffo to detail the United Auto Workers union's (UAW) list of demands against the Big Three automakers, and what a prolonged strike could mean for other industries and even smaller businesses.
- 09/18/2023
|
UAW strike gains support amid concerns of job security and automation
- Auto workers continue to strike against the Big Three Automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — demanding wage increases, pension plans, and other benefits packages. Simultaneously, other labor movements have joined in support of the strike, as well as President Biden who released a statement addressing worker grievances.
- 09/18/2023
|
UAW president downplays White House involvement in strike talks
- UAW President Shawn Fain said the union and Ford, General Motors and Stellantis remain "far apart" on several issues with the strike in its fourth day.
- 09/18/2023
|
Mercedes-Benz CEO on China Tension, UAW Strike
- "Let's keep markets open and let market participants fight it out," Mercedes-Benz Group CEO Ola Källenius says. Speaking with Guy Johnson and Matt Miller on "Bloomberg Markets: European Close," Källenius also comments on the UAW strike and electric vehicles.
- 09/18/2023
|
UAW strike on big 3 automakers enters day 4
- CNBC's Phil LeBeau reports on the latest from the UAW strike negotiations.
- 09/18/2023
|
Fed Funds, FedEx Q1 Mid-Week; Strikes Continue
- After 40+ years of rolling back union membership in the U.S. economy, we're seeing a clear push-back against the ownership class.
- 09/18/2023
|
Markets Wait For Fed FOMC
- The big news in the markets this week revolves around the Fed's mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate in more than 20 years. Despite recent hotter-than-expected economic data over the past couple weeks, the smart money is on the Fed being patient and allowing these high rates work over inflation in the medium/long-term, instead of twisting too tight and cracking what otherwise might be a soft economic landing.
- 09/18/2023
|
UAW rejects Stellantis' 21% pay hike offer: 'We've asked for 40%'
- United Auto Workers president Shawn Fain says a recent offer from Stellantis to hike wages is “definitely a no-go" as his union wants higher increases.
- 09/18/2023
|
UAW Strike Drives Wedge Into Fractured U.S. Auto Industry, Could Tesla Come Out On Top?
- Tesla could benefit from the UAW's strike against Ford, General Motors and Stellantis, giving the EV giant a leg up on its closest U.S. competition.
- 09/18/2023
|
Autoworkers strike enters its fourth day. Now automakers face another walkout
- The United Auto Workers' strike against General Motors, Ford and Stellantis has entered its third day. Follow here for the latest.
- 09/18/2023
|
GM, Ford and Stellantis' stocks fall as workers continue strike
- The stocks of the Big Three automakers moved lower early Monday, as workers continued their strike for higher pay and other benefits. General Motors Co.'s and Ford Motor Co.'s stocks were down 0.4%, while Stellantis N.V.
- 09/18/2023
|
UAW strike against Big Three automakers enters fourth day
- The UAW strike is the first to be carried out simultaneously against the Big Three of Ford, General Motors and Stellantis as the union pushes for higher pay for its members.
- 09/18/2023
|
UAW and automakers GM, Ford and Stellantis try to reach deal before strike widens
- The United Auto Workers strike against the Detroit Three automakers enters its fourth day on Monday as both sides try to hammer out deals to avoid costly disruptions to more plants.
- 09/18/2023
|
Many Asian global automakers will benefit from the UAW strike, researcher says
- James Hong, head of mobility research at Macquarie Capital, discusses the impact of the United Auto Workers strike against the Detroit Three automakers on others in the global industry.
- 09/18/2023
|
UAW Members Continue Strike Against GM, Ford, Stellantis
- Auto workers in the US continue to strike against General Motors Co., Ford Motor Co. and Stellantis NV as their union pushes for dramatic reset of the wage scales and working conditions. Keith Naughton reports on Bloomberg Television.
- 09/17/2023
|
Contract negotiations: UAW strike puts the four-day workweek back in focus
- When the United Auto Workers called a strike last week against General Motors, Ford and Stellantis, one of their demands focused on an idea circulating on the periphery of labor reform circles.
- 09/17/2023
|
Fed decision, Instacart IPO and UAW strike top week ahead
- Investors will be closely watching the Federal Reserve's decision on interest rates, as well as the ongoing UAW strike against Ford, GM and Stellantis in the coming week.
- 09/17/2023
|
Sen. Bernie Sanders torches automaker CEOs at UAW strike rally: 'Time to end your greed'
- At a Detroit rally for striking UAW employees, Senator Bernie Sanders cheered on striking auto workers and condemned "their greed" Friday.
- 09/17/2023
|
UAW implements targeted strike strategy against major US automakers: here's what that means
- The United Auto Workers (UAW) has initiated a targeted strike strategy against major US automakers, including GM, Ford, and Stellantis, marking a novel approach for the union. The UAW's strategy involves focusing on strategic factories while keeping 90% of members working under expired contracts, aiming to increase pressure on the companies without causing widespread economic disruption.
- 09/17/2023
|
Union workers strike against Big Three automakers
- The United Auto Workers' strike against General Motors, Ford and Stellantis has entered its third day. Follow here for the latest.
- 09/17/2023
|
Lengthy UAW strike could buy GM time to address nagging EV issues
- General Motors is at greater risk than rivals Ford Motor and Stellantis of disruption to electric vehicle production from a prolonged UAW strike - though some analysts say that could also buy it time to repair nagging issues.
- 09/17/2023
|
US auto workers strike against Detroit Three enters third day
- The United Auto Workers strike against the Detroit Three automakers is set to enter its third day Sunday with no immediate resolution on the horizon.
- 09/17/2023
|
How an auto workers strike 87 years ago transformed America
- During the final days of 1936, about 50 autoworkers at General Motors shut down their machines at Fisher Body Plant No. 2 in Flint, Michigan, and sat down.
- 09/17/2023
|
Stellantis offers raises, inflation protection measures to UAW as strikes continue
- The company outlined its latest deal, which was released Thursday.
- 09/16/2023
|
Is the UAW Strike Bullish for Tesla and Rivian?
- What is in Store for Tesla and Rivian Stock?
- 09/16/2023
|
UAW, automakers resume labor talks; Stellantis hikes wage offer
- Automakers say they need competitive contracts to be able to afford the transition to EVs. Striking workers say U.S. automakers have enjoyed robust profits and raised CEO salaries by 40% on average since 2019.
- 09/16/2023
|
Ford CEO Warns of Bankruptcy Amid UAW Strike, Raising Eyebrows
- The Reuters headline reads “Ford CEO says UAW proposal could force bankruptcy.
- 09/16/2023
|
For first time in history, union workers strike against all Big Three automakers
- Labor contracts have expired at America's three unionized automakers, and thousands of autoworkers have walked off the job. Follow here for the latest.
- 09/16/2023
|
Beyond the automakers: How the UAW strike may hit the US economy
- With the United Auto Workers' historic strike officially underway, experts say the US economy is already getting bruised -- but the strike's impact isn't likely to push the nation into a recession.
- 09/16/2023
|
US auto workers, companies face off on day two of strike
- Workers and management from the iconic "Big Three" auto giants were to face off at the negotiating table Saturday on the second day of a strike threatening to disrupt the economy and rock the 2024 presidential election campaign.
- 09/16/2023
|
Stellantis boosts wage hike offer to 19.5%, seeks concessions, UAW says- Detroit News
- Stellantis' latest offer to the striking United Auto Workers includes hiking wages by 19.5% and making salaried workers hourly, The Detroit News reported on Friday, citing the union.
- 09/15/2023
|
UAW Strike: Equity Investors Beware
- Lawrence H. Summers, Former US Treasury Secretary and Bono share an unlikely friendship and join forces for a second time to help bring awareness to advocate for debt relief for developing economies.
- 09/15/2023
|
UAW, Big Three Auto Makers Enter Uncharted Waters With Strike as They Retool for EVs
- The union has always targeted a single company in past negotiations, and used the contract as a pattern for the entire industry. This time is different.
- 09/15/2023
|
Ford announces layoffs related to the UAW strike
- CNBC's Phil LeBeau reports on breaking news concerning new layoffs out of Ford tied to the UAW strike.
- 09/15/2023
|
Why the UAW Strike Is Good News for Tesla (TSLA) Stock
- The United States witnessed labor history today as the United Auto Workers (UAW) union began a massive strike. After failing to reach new contract agreements with three leading automakers this morning, 13,000 workers stood together to send a clear message to employers.
- 09/15/2023
|
Sen. Bernie Sanders to address UAW strike rally in Detroit after slamming automakers for 'corporate greed'
- Sanders has promoted the strikes as a pivotal moment in a broader campaign to raise living standards for working people across the U.S.
- 09/15/2023
|
Ford, GM and Stellantis respond to UAW strike
- Detroit's Big Three automakers -- Ford, General Motors and Stellantis -- issue reactions to the United Auto Workers decision to strike against them after contract negotiations fail.
- 09/15/2023
|
‘The White House Is Afraid': Union President Swipes At Biden Over UAW Strike
- UAW President Shaw Fain issued the statement in response to Biden's remarks on the strike from the White House on Friday.
- 09/15/2023
|
SEIU President on raising minimum wage, expanding labor efforts and UAW's strike
- CNBC's Kate Rogers with Mary Kay Henry, SEIU President, join 'Power Lunch' to discuss fast food workers in California minimum wage pay increase.
- 09/15/2023
|
UAW local president warns of 'more strikes' if things don't improve
- UAW Local 14 President Tony Totty joined ‘Varney & Co.' to discuss the latest news emerging from their strike against three major automakers.
- 09/15/2023
|
UAW strike: 'Pay is a priority' for auto workers, professor says
- UAW members head to the picket lines to strike against the Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) after their labor contracts expired amid negotiations between employers and the United Auto Workers (UAW) union. Michigan State Professor Peter Berg and Kate Bronfenbrenner, Cornell University's School of Industrial and Labor Relations Director of Labor Education Research, join Yahoo Finance Live anchors Julie Hyman and Diane King Hall to discuss the impact of a prolonged auto workers strike on certain communities and the benefit demands union leaders are trying to leverage against the auto manufacturers.
- 09/15/2023
|
The UAW Strike Gets Noticed by Wall Street. Auto Stocks Tick Up.
- Shares of General Motors, Ford, and Stellantis were down in premarket trading, but gained strength as the day wore on.
- 09/15/2023
|
UAW strike brings blue-collar vs. billionaire battle to Detroit
- The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.
- 09/15/2023
|
UAW strike stirs stock-market worries over corporate margins
- The strike by United Auto Workers against the Big 3 carmakers is sparking a broader worry among stock-market investors over the outlook for corporate profits.
- 09/15/2023
|
The UAW strike fallout may quickly begin to snowball, says KPMG's Diane Swonk
- Diane Swonk, chief economist at KPMG, joins 'The Exchange' to discuss the fallout a UAW strike could have on employment data, China's growth as a global exporter of electric vehicles, and shifting production worldwide due to ongoing trade tariffs.
- 09/15/2023
|
Chaos is the strategy for the UAW's new president
- UAW President Shawn Fain has become the X factor in the striking autoworkers' pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage.
- 09/15/2023
|
UAW strike shuts down 15% of Big 3 automakers' production
- CNBC's Phil LeBeau joins 'The Exchange' to discuss the first day of the UAW strike, when we expect to see negotiations start and come to a close, and how a UAW strike will impact the Big 3 automakers.
- 09/15/2023
|
UAW launches historic strike against big three Detroit automakers
- The United Auto Workers union is officially on strike against the big three Detroit automakers Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA). After Thursday night's deadline came and went without a deal, the UAW began what it called a “stand-up strike” targeting specific branches of each of the automakers.
- 09/15/2023
|
GM and Ford's stocks are higher as UAW strike kicks off. Their bonds tell a different story.
- Ford Motor Co.'s and General Motors Co.'s stocks were higher Friday as workers kicked off a strike, but their bonds have been under selling pressure for some time.
- 09/15/2023
|
President Biden responds to the UAW strike decision
- President Joe Biden addresses the UAW workers decision to strike, the value unions have on the economy, and the need wealth to be fairly distributed among employees and employers.
- 09/15/2023
|
Biden Strongly Defends UAW In First Remarks After Strike
- The strike tests Biden's political platform as he seeks an endorsement from the UAW.
- 09/15/2023
|
Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants
- President Joe Biden stressed that workers should be fairly compensated as auto companies make record profits.
- 09/15/2023
|
Trump criticizes UAW leadership amid strike, warns auto workers' jobs are moving to China
- "The auto workers are being sold down the river by their leadership, and their leadership should endorse Trump," the GOP frontrunner said.
- 09/15/2023
|
Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants
|
UAW strike will be felt beyond Detroit, National Association of Manufacturers warns
- The National Association of Manufacturers is calling on the United Auto Workers union and Detroit's Big Three automakers to work out an agreement to end the strike.
- 09/15/2023
|
What Is the UAW Striking For? Which Plants Are Striking Now?
- The United Auto Workers (UAW) union is officially on strike against the “Big Three” Detroit automakers. What is the UAW striking for?
- 09/15/2023
|
UAW strike: Ford, GM, Stellantis record profits haven't been shared fairly with workers, Biden says
- President Joe Biden on Friday offered support for United Auto Workers, as he addressed their strike aimed at the Big Three automakers.
- 09/15/2023
|
Unions call for one-day strike at Stellantis' Melfi plant in Italy over new models
- Unions called for a one-day strike at Stellantis' Melfi plant in southern Italy on Sept. 18 over lack of details by the carmaker about the new models to be produced there, a union representative said on Friday.
- 09/15/2023
|
UAW strike: What it means for auto industry
- Dan Levy, U.S. autos and mobility analyst at Barclays, joins 'Squawk on the Street' to discuss the supplier impacts of the UAW strike and what it may mean for the industry going forward.
- 09/15/2023
|
Markets Mildly Negative on UAW Strike, Imports, Etc.
- Pre-market futures have slipped a bit on this news of a UAW strike and hotter Import and Export Prices.
- 09/15/2023
|
Autoworkers' Strike Over Pay Hikes Hits Wall Street
- Autoworkers' Strike Over Pay Hikes Hits Wall Street.
- 09/15/2023
|
UAW strike could soon inflict ‘max pain' on Big Three if it moves to pickup-truck assembly lines
- Nearly 13,000 auto workers are on strike at three Ford Motor Co., General Motors Co. and Stellantis N.V. plants making mostly SUVs, but the real pain for the carmakers could start soon if the labor action moves to plants producing pickup trucks.
- 09/15/2023
|
UAW strike could slam the US economy
- The United Auto Workers went on strike against Ford, General Motors and Stellantis. Fallout from the work stoppage could have far-reaching consequences.
- 09/15/2023
|
UAW strike to have limited impact on Big Three, with only three plants affected for now: Fitch
- Fitch Ratings said Friday the targeted strikes by auto workers represented by the United Auto Workers union will have a limited financial impact on the Big Three carmakers, with only one of each of their plants affected for now.
- 09/15/2023
|
UAW's Fain wants to demonstrate the power of the strike and its ability to use: Former Ford CEO
- Mark Fields, former Ford CEO, joins 'Squawk Box' to discuss his thoughts on the United Auto Workers strike, whether there will be broad measures to export production in retaliation, and more.
- 09/15/2023
|
Car Stocks Alert: F, GM, STLA Stocks on Watch as UAW Goes on Strike
- Ford (NYSE: F ), General Motors (NYSE: GM ), and Stellantis (NYSE: STLA ) are trending on social media, and their stocks are in full focus today. The United Auto Workers (UAW) union has gone on strike against the Big Three American automakers.
- 09/15/2023
|
UAW strike: ‘I think the strike can get resolved very quickly'
- General Motors Co (NYSE: GM) is willing to significantly raise wages to end a strike but even its sweetened offer has so far failed to impress the United Auto Workers.
- 09/15/2023
|
UAW's Landmark Strike Shakes Up Detroit's Big 3 Automakers
- The UAW-Detroit automakers' contract expiration sparks intense labor tension, heralding potential industry-altering labor dynamics.
- 09/15/2023
|
UAW Launches Strike Against Big Three Automakers
- The United Auto Workers (UAW) union launched a strike on Friday after the union and General Motors (GM), Ford (F), and Chrysler parent Stellantis (STLA) failed to reach an agreement.
- 09/15/2023
|
UAW strike trade fades, as GM and Ford stocks turn higher and Tesla shares drop
- So much for the Big 3 automakers' labor strike spooking investors, as shares of General Motors Co. GM, +2.01% and Ford Motor Co. F, +0.83% both turned positive moments after Friday's opening bell, while Stellantis N.V.'s stock STLA, +1.91% was always higher.
- 09/15/2023
|
El-Erian Says UAW Strike Is 'Here to Stay for a While'
- Mohamed El-Erian, a Bloomberg Opinion columnist, comments on the UAW strike during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
- 09/15/2023
|
Carvana and other used car stocks accelerate ahead of auto workers strike
- Shares of used car retailer Carvana Co. (NYSE:CVNA) soared on Thursday, gaining momentum ahead of a potential strike of auto workers against the Detroit Three carmakers General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA). Carvana stock closed up 13.5% at US$55.86, with investors pulling back slightly at Friday's open with the stock down 2% at US$54.79.
- 09/15/2023
|
Why Stellantis could face a longer strike than Ford or GM
- Stellantis has a need that GM and Ford don't – and there are signs that it has been preparing for a protracted battle with the UAW.
- 09/15/2023
|
UAW Strikes Begin As Ford, General Motors And Stellantis Fail To Reach Agreement With Workers' Union
- Here's the lowdown on what's happening with the worker strikes, why we've ended up here in the first place and how Wall Street took the news.
- 09/15/2023
|
UAW President Shawn Fain has 'totally outsmarted' the Big 3 leadership: MAEVA Group CEO Harry Wilson
- Harry Wilson, MAEVA Group CEO and former senior member of President Obama's auto task force, joins 'Squawk Box' to discuss the latest in UAW's targeted strikes, what it means for U.S. automakers and labor, and more.
- 09/15/2023
|
GM CEO Mary Barra on UAW strike: We put a historic offer on the table
- GM CEO Mary Barra and CNBC's Phil LeBeau join 'Squawk Box' to discuss the latest in the UAW strike, state of negotiations, the impact of the strike on the company, and more.
- 09/15/2023
|
UAW Strike Exposes Detroit's Dysfunction
- GM, Ford and Stellantis can afford a much bigger walkout than the United Auto Workers union has called, but for investors it isn't just about the financial cost.
- 09/15/2023
|
The last UAW strike lasted 40 days and cost GM $3 billion. Things are looking very different this time.
- UAW-GM workers were fighting plant closures in 2019. Four years ago, about 46,000 GM workers went on strike for 40 days.
- 09/15/2023
|
Markets Gaining Momentum Despite Higher Oil Prices And UAW Strike
- A successful IPO by Arm Holdings helped spur investor enthusiasm sending both the S&P 500 and Nasdaq Composite higher by 0.8%.
- 09/15/2023
|
UAW members go on strike at three key auto plants after deal deadline passes
- CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.
- 09/15/2023
|
UAW Strike Begins Against Ford, GM, Stellantis as Contract Lapses
- The United Auto Workers began a strike against all three of the legacy Detroit carmakers Friday, kicking off a potentially costly and protracted showdown over wages and job security. Craig Trudell reports on Bloomberg Television.
- 09/15/2023
|
Buying a car? What the UAW strike means -- and doesn't mean -- for auto sales
- Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again.
- 09/15/2023
|
Nio's stock rises again, in wake of rate cut in China and UAW strike against U.S. automakers
- Shares of Nio Inc. NIO, +3.08% climbed 2.7% in premarket trading Friday, adding the 3.1% bounce in the previous sessions, as a strike impacting some U.S. autoworkers and some and a interest rate cut in China let support for the China-based electric vehicle maker. The stock's rally comes after it slumped 4.7% on Wednesday, after the European Union launched an investigation into China's subsidies to its EV makers.
- 09/15/2023
|
UAW Goes On Strike Against Big Three Automakers
- The targeted strike won't involve all of the union's nearly 150,000 members and marks a "new approach" to industrial action.
- 09/15/2023
|
For first time in history, union workers strike against all Big Three automakers
- Labor contracts have expired at America's three unionized automakers, and thousands of autoworkers have walked off the job. Follow here for the latest.
- 09/15/2023
|
In historic first, United Auto Workers union strikes at GM, Ford and Stellantis
- The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of the nation's unionized automakers at the same time.
- 09/15/2023
|
Auto Workers Strike Ford, GM And Stellantis All At Once
- The targeted walkouts are aimed at throwing the 'Big 3' off balance as the union battles for new contracts.
- 09/15/2023
|
Detroit Three plants where UAW plans to strike
- United Auto Workers (UAW) union President Shawn Fain on Thursday laid out plans for unprecedented, simultaneous walkouts at General Motors , Ford and Chrysler parent Stellantis' U.S. operations.
- 09/14/2023
|
UAW set to strike at 3 plants if no deal reached by midnight
- United Auto Workers President Shawn Fain said late Thursday that the union is set to strike at General Motors Co.'s GM, Wentzville, Mo., assembly plant, a portion of Ford Motor Co.'s F, -0.16% Wayne, Mich.
- 09/14/2023
|
U.A.W. Set to Begin Walkouts as Deadline Nears With No Contract Deals
- The union announced initial sites of a targeted strike meant to press Ford, General Motors and Stellantis in talks on pay, benefits and the workweek.
- 09/14/2023
|
U.S. auto union to strike at three Detroit Three factories
- The United Auto Workers union said on Thursday workers would walk off the job at three Detroit Three factories at midnight, barring a last-minute agreement, setting up the most ambitious U.S. industrial labor action in decades.
- 09/14/2023
|
UAW president says union will strike at three U.S. auto plants if no deal reached by midnight
- The strike plans are contingent upon the union and automakers not reaching deals by an 11:59 p.m. deadline.
- 09/14/2023
|
UAW poised to strike at Ford, GM, Stellantis as midnight deadline nears
- United Auto Workers are set to strike at Ford, General Motors and Stellantis after turning down each of the Detroit automakers' latest contract offers.
- 09/14/2023
|
UAW ready to strike at big 3 plants
- Third Way's Ellen Hughes-Cromwick and RBC Capital's Tom Narayan, join 'Power Lunch' to discuss the UAW potential strike and what it means for U.S. automakers.
- 09/14/2023
|
Everything you need to know about UAW's targeted strike plans – and possible lockouts
- The UAW union is ready to conduct targeted strikes against the Detroit automakers if the sides fail to reach new deals by 11:59 p.m. ET.
- 09/14/2023
|
Largest Auto Strike in History Looms: Potential Winners & Losers
- The UAW, or United Auto Workers, is a prominent labor union in the United States that primarily represents workers in the automotive and related industries. Founded in 1935, the UAW is one of the largest labor unions in the country and has nearly one million members.
- 09/14/2023
|
UAW, Big Three talks: This is 'very uncharted' territory, expert says
- The clock is ticking for autoworkers and the Big Three automakers Ford (F), GM (GM), and Stellantis (STLA) to reach a deal. If a deal cannot be agreed to by midnight Thursday, the UAW says it will strike.
- 09/14/2023
|
UAW, Detroit automakers remain far apart as midnight strike deadline nears
- "To win, we're likely going to have to take action," UAW President Shawn Fain said.
- 09/14/2023
|
The UAW doesn't have to strike at every automaker or factory to shut down most of the auto industry
- Members of the United Auto Workers could strike on Friday, September 15 at midnight. The latest news out of the union suggests all members might not strike at once.
- 09/14/2023
|
UAW Ready to Walk Out on Big Three Automakers
- The United Auto Workers union is ready to strike against all three Detroit carmakers if a deal is not reached by 11:59 PM tonight. Targeted walkouts are planned.
- 09/14/2023
|
UAW strike looms over automakers ahead of midnight deadline
- Auto workers prepare for a potential strike against the Big Three auto manufacturers Ford (F), General Motors (GM), and Stellantis (STLA) as tonight's midnight deadline for a new contract rapidly approaches. Yahoo Finance Autos Reporter Pras Subramanian outlines how United Auto Workers (UAW) union members could go about leveraging demands for revised benefits packages and cost-of-living-adjusted wages.
- 09/14/2023
|
UAW says strikes 'likely' against auto companies
- CNBC's Phil LeBeau reports on the latest news from the UAW and the looming auto strike.
- 09/14/2023
|
U.A.W. Prepares for Partial Strike Against Detroit Automakers on Friday
- The union's president, Shawn Fain, said negotiators were nowhere near an agreement and ruled out a contract extension while talks continued.
- 09/13/2023
|
UAW president braces members for targeted 'stand-up strike' of Detroit automakers
- United Auto Workers President Shawn Fain told members to be ready to implement what the union is calling a “stand-up strike” against the big three Detroit automakers. If a new contract is not reached by Thursday night, when the current UAW contracts expire, union leadership will instruct various chapters to walk out.
- 09/13/2023
|
Here's where the UAW negotiations stand ahead of 'likely' strikes
- The UAW president said Ford has offered a 20% increase over the four years of the deal, followed by GM at 18% and Stellantis at 17.5%
- 09/13/2023
|
UAW reportedly planning targeted strikes at specific auto plants
- The United Auto Workers labor union is considering strikes at certain Ford, General Motors and Stellantis plants if new contracts with the manufacturers are not reached by the deadline.
- 09/13/2023
|
Ford's former CEO has a stark warning for both the UAW and automakers
- As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides.
- 09/13/2023
|
UAW strike looms over negotiations ahead of Thursday deadline
- The United Auto Workers threaten to strike at the plants of the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — in the hopes of disrupting incoming profits and negotiate better benefits for union workers. The deadline to reach a new agreement is Thursday, September 14, at midnight.Yahoo Finance Autos Reporter Pras Subramanian discusses where the negotiations stand and what the UAW is demanding, including a 40% pay hike and defined pension plans.
- 09/13/2023
|
UAW considering targeted strikes of Detroit automakers if no deal is reached by Thursday's deadline
- The United Auto Workers union intends to begin targeted strikes at specific plants against the big three Detroit automakers if tentative contracts aren't reached by midnight Thursday, according to union officials. Targeted strikes would occur at certain General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA) plants in that instance, the idea being that the plants chosen would be representative of the overall issues faced by the UAW union.
- 09/13/2023
|
UAW will strike against Detroit automakers if deals aren't reached by Thursday, union boss says
- The UAW union will strike against the Detroit automakers if deals aren't reached by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday.
- 09/13/2023
|
UAW may implement targeted strikes if no deals reached with Detroit automakers
- Targeted strikes are ones that only have work stoppages at certain plants, many times over local contract issues.
- 09/12/2023
|
US auto labor talks intensify near strike deadline
- Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.
- 09/12/2023
|
Tesla's Supercomputer Dojo Propels These ETFs
- Tesla's supercomputer Dojo is expected to fuel a 76% rally in the market capitalization of the EV maker. Look into Tesla-heavy ETFs as Morgan Stanley upgrades its recommendation for Tesla.
- 09/12/2023
|
Market Eagerly Awaits CPI Numbers for August
- Market Eagerly Awaits CPI Numbers for August.
- 09/12/2023
|
An Auto Worker Strike Could Raise Car Prices
- As the United Auto Workers prepare for a possible strike, the fallout could result in higher prices for car buyers. Joel Levington, Global Director of Credit Research for Bloomberg Intelligence, explains on Bloomberg Radio.
- 09/12/2023
|
Wall Street sees potential UAW strikes as manageable, with upsides
- Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.
- 09/12/2023
|
UAW strike a 'potential nightmare situation' for big three automakers
- The United Auto Workers are likely to strike this week, Wedbush analysts believe, and it would be a disaster for the big three Detroit automakers. The UAW is negotiating separately with General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), and Stellantis NV (NYSE:STLA, EPA:STLA) on a new agreement, but their current contract expires Thursday.
- 09/12/2023
|
Unions Are Having a Moment. Investors Should Take Heed.
- A possible UAW strike shows organized labor's growing clout, and could lead to higher inflation.
- 09/12/2023
|
Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
- 09/12/2023
|
Ford, GM, Stellantis dealerships brace for potential UAW strike
- As the deadline approaches for Detroit's Big Three automakers to reach new contract agreements with the United Auto Workers or face a strike, dealerships prepare for impact.
- 09/12/2023
|
UAW negotiations get down to the wire as threat of strike looms
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/11/2023
|
UAW open to automaker negotiations ahead of Sept. 14 deadline
- The United Auto Workers (UAW) remains open to negotiating with the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — ahead of the expiration date on the union's contracts this week, on Thursday, September 14. Yahoo Finance's Rick Newman and Pras Subramanian explain the workers' costs-of-living demands, how this strike reflects on President Biden's relationship with unions, and ways transitions to electric vehicles could hurt union workers.
- 09/11/2023
|
7 Large-Cap Stocks With Surprisingly Robust Upside Potential
- Generally, onlookers dismiss large-cap stocks to buy as the arena for ultra-conservative investors; you know, the type that mimics Warren Buffett's every move. There's absolutely nothing wrong with that.
- 09/11/2023
|
UAW strike deadline looms: What are autoworkers' demands?
- The United Auto Workers strike against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA), continues to loom as the September 14th deadline approaches. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down each of the automakers' proposals to the UAW and the union's demands.
- 09/11/2023
|
A UAW Strike Is Likely, Says Edmunds
- Jessica Caldwell, Edmunds head of insights, expects a strike by the United Auto Workers. But she's not sure if workers will walk out everywhere.
- 09/11/2023
|
Stellantis to make new contract offer Monday to UAW
- Chrysler-parent Stellantis said Monday it plans to make a new counteroffer to the United Auto Workers after the union made its own revised offer on Sunday ahead of the expiration of the current four-year labor deal Thursday night.
- 09/11/2023
|
The 4 key reasons why the UAW could strike GM, Ford and Stellantis this week
- Time is running short to avoid a strike at America's three unionized automakers, and the distance between the United Auto Workers union and the companies remains large.
- 09/11/2023
|
Here's what to know as auto workers are poised to strike this week
- DETROIT — About 146,000 U.S. auto workers are set to go on strike this week if General Motors GM, +1.17%, Ford F, +2.84% and Stellantis STLA, +0.77% fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.
- 09/10/2023
|
Potential UAW strike: What you need to know
- Steve Grasso, Grasso Global CEO, and CNBC's Phil LeBeau join 'Power Lunch' to discuss new data showing a stabilization in used auto prices, the implications a UAW strike will have on vehicle manufacturing numbers, and the wage gap at the center of the auto workers dispute.
- 09/08/2023
|
Stellantis offers 14.5%, 4-year wage hike to UAW as potential strike looms
- Despite Stellantis coming closer to UAW demands than contemporaries Ford and GM, the offer is still much less than the 46% wage hike being sought by the union.
- 09/08/2023
|
Stellantis offers 14.5% pay increase to UAW, days before possible strike
- Stellantis' proposed wage hikes for UAW members would be higher than those offered by rivals Ford and GM, but those two companies offered other payments.
- 09/08/2023
|
Factbox: Impact of possible strikes on Detroit Three automakers
- A union representing workers at General Motors , Ford Motor and Jeep-maker Stellantis has threatened strikes if a contract deal is not reached before the current ones expire on Sept. 14 at midnight.
- 09/08/2023
|
Chrysler-parent Stellantis offers 14.5% wage hike to hourly workers
- Chrysler-parent Stellantis said Friday it offered U.S. hourly workers a 14.5% wage hike over four years in its offer to the United Auto Workers union ahead of the Sept. 14 contract expiration.
- 09/08/2023
|
Stellantis' 1st proposal to the UAW includes 14.5% pay raise, $6,000 inflation protection payment
- Shares of Stellantis N.V. STLA, +0.41% gained 0.5% in midday trading, after the Netherlands-based automaker disclosed the “first economic proposal” it presented the United Auto Workers union, which included a yearly wage increases totaling 14.5%.
- 09/08/2023
|
EV batteries will have to be 50% lighter in future, Stellantis tech chief says
- Carmaker Stellantis aims to develop lighter electric vehicle batteries, cutting weights in half to improve sustainability, the group's technology chief said on Friday.
- 09/08/2023
|
UAW strike threat: Experts weigh in on likelihood of strikes at Ford, GM, Stellantis
- As the deadline soon approaches for Detroit's Big Three automakers to reach contract agreements with the United Auto Workers, experts assess the likelihood of a strike.
- 09/08/2023
|
Big Three automakers need to step up for the workers who keep them profitable
- One of the greatest Super Bowl ads ever came out in 2011. It was a Chrysler ad, but it sold a broader domestic brand — “imported from Detroit” — by drawing on the story of the American worker, stirring up hard-won feelings of place, patriotism, and dignity.
- 09/08/2023
|
Stellantis to build more gigafactories on top of those already planned
- Carmaker Stellantis will build more battery-making plants on top of the six ones it has already in its plans in Europe and North America to support growing production of EV vehicles, its head of global propulsion systems said on Friday.
- 09/08/2023
|
'It's Looking That Way': Auto Workers Union Warns Of Looming Strike After Biden Says He's 'Not Worried'
- Employees of General Motors, Ford Motor Co. and Stellantis are threatening to strike if a deal isn't reached next week.
- 09/07/2023
|
Vauxhall owner Stellantis celebrates launch of UK's first EV-only production plant
- Multinational automotive manufacturing corporation Stellantis is celebrating its first day operating the UK's first electric vehicle-only factory at the revamped Ellesmere Port plant near Liverpool in the North West of England. Ellesmere Port, previously known for its production of traditional combustion engine vehicles as far back as the 60s, has undergone a transformation with a £100 million investment from Stellantis.
- 09/07/2023
|
Stellantis sees long road ahead for internal combustion engine cars
- Carmaker Stellantis believes internal combustion engine (ICE) vehicles could be on the road until 2050, making it necessary to contain their carbon emissions until they're finally replaced by fully electric ones.
- 09/07/2023
|
UAW strike would show Biden, other leaders that it's time to 'pick a side,' union boss says
- UAW President Shawn Fain's comments add to unusual tension between the leader of the historically Democratic union and Biden.
- 09/06/2023
|
UAW president warns strike coming next week for any Detroit automaker with no deal by deadline
- UAW President Shawn Fain is doubling down on his threats to Ford, General Motors and Stellantis, warning that the union will strike next week against any automaker without a deal.
- 09/06/2023
|
Auto worker strike looks likely and could last for months, says CFRA'S Garrett Nelson
- CFRA'S Garrett Nelson joins 'Squawk on the Street' to discuss the likelihood of a potential UAW strike, uncertainty around the timeline and scale of a UAW strike, and concerns over the impact a strike would have on production and inventories.
- 09/06/2023
|
Biden to give pep talk about unions as UAW could go on strike next week
- President Joe Biden on Wednesday is slated to praise a deal between unionized dockworkers and their employers that prevented a strike at West Coast ports, but the spotlight has shifted to the United Auto Workers union, which could strike when its contract with Detroit's Big Three ends Sept. 14.
- 09/06/2023
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/06/2023
|
Stellantis says 24 of its engine types can run on e-fuels
- Tests by automaker Stellantis show that 24 types of internal combustion engines in European vehicles produced by the group since 2014 can use advanced e-fuels without modification, it said on Tuesday.
- 09/05/2023
|
Opel expects to offer electric vehicle for around 25,000 euros by 2026
- Stellantis-owned carmaker Opel will be able to offer an electric vehicle at a price of about 25,000 euros ($26,967) without incentives from around 2026, the brand's CEO said on Monday.
- 09/04/2023
|
Strike deadline looms at General Motors, Ford and Stellantis given UAW's “audacious” demands
- The demands that a more combative United Auto Workers union has pressed on General Motors GM, +0.09%, Stellantis STLA, -1.73% and Ford F, +0.08% — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14.
- 09/04/2023
|
Why auto worker strikes against GM, Ford and Stellantis seem inevitable
- Prolonged strikes against GM, Ford and Stellantis would be unprecedented and quickly impact the automotive supply chain, U.S. economy and domestic production.
- 09/02/2023
|
50 Large-Cap High-Yield Stocks For September
- Dogsofthedow.com recently published this list of 50 large-cap high-dividend stocks as of 8/31/23 per data from YCharts. The list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up." Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.
- 09/01/2023
|
US NLRB to probe if GM, Stellantis failed to bargain in good faith
- The National Labor Relations Board said Friday it will investigate unfair labor practice charges filed by the United Auto Workers union against General Motors and Chrysler-parent Stellantis.
- 09/01/2023
|
UAW lodges unfair labor practice complaint against GM, Stellantis
- Negotiations between automakers General Motors (GM) and Stellantis and the United Auto Workers Union (UAW) have hit a roadblock this week as negotiations for a new contract approach a two-week strike deadline. In a sign of escalating tensions, the United Auto Workers (UAW) union's president, Shawn Fain, has filed an unfair labor practice complaint against GM and Stellantis.
- 09/01/2023
|
United Auto Workers accuse GM, Stellantis of refusing to bargain in good faith
- With about two weeks to go before the United Auto Workers' contracts with the Big Three automakers expire, the union has accused General Motors and Stellantis of failing to bargain in good faith.
- 08/31/2023
|
UAW says it files unfair labor practice against GM, Stellantis
- The United Auto Workers union said on Thursday it filed unfair labor practice charges with the National Labor Relations Board against General Motors and Chrysler-parent Stellantis , saying they have refused to bargain in good faith.
- 08/31/2023
|
UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
- The Thursday filings followed the companies not responding to the union's demands in a timely matter, UAW President Shawn Fain said.
- 08/31/2023
|
Union alleges GM, Stellantis not bargaining in good faith
- United Auto Workers union President Shawn Fain said Thursday the union has filed an unfair labor practice complaint against General Motors and Stellantis, a new sign of how far apart the union and the automakers remain as they negotiate a new contract only two weeks before a strike deadline.
- 08/31/2023
|
The 3 Most Promising Michael Burry Stocks to Own Now
- Certain names constantly garner attention in the fluctuating realm of stock trading, and among the most intriguing are the preferred stocks of Michael Burry. Irrespective of personal reservations, Michael Burry is a testament to savvy investing.
- 08/31/2023
|
Buying a new car? Don't expect a bargain, even with more vehicles on dealership lots.
- As some U.S. automakers update markets on their August sales, higher inventories at dealerships are one reason new-car sales are expected to notch big gains year on year.
- 08/31/2023
|
Detroit 3 Faces Strike Threat as UAW Grants Authorization
- The UAW votes in favor of authorizing a strike against Detroit Three automakers if a satisfactory contract is not reached by Sep 14.
- 08/31/2023
|
Stellantis says reorganisation of European dealer network starts next week
- Stellantis will launch the reorganisation of its European dealers' network next week, starting with three specific markets before extending it further across Europe in 2024, the Franco-Italian carmaker said on Thursday.
- 08/31/2023
|
Best Value Stocks to Buy for August 31st
- STLA and SMMF made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 31, 2023.
- 08/31/2023
|
Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
- 08/30/2023
|
Canadian autoworkers at Ford, GM and Stellantis overwhelmingly approve strike mandate
- Canadian automakers have joined their U.S. counterparts in authorizing strike action should union negotiators fail to secure new collective agreements before they expire in the coming months.
- 08/28/2023
|
Strike (Big) 3?
- A potential U.S. auto strike has significant implications for the economy, earnings and inflation. From January through July, there were 214 strikes in the U.S. involving 325,000 workers, compared to 130 strikes and 28,000 workers and 223 strikes and 76,000 workers in the same period of 2021 and 2022, respectively, according to the Cornell-ILR Labor Action Tracker.
- 08/28/2023
|
Canadian union Unifor votes for strike mandate against Detroit Three automakers
- Canadian union Unifor said on Sunday that its members had voted for strike mandates against the Detroit Three automakers that would authorize their bargaining committees to take job action, if needed, to achieve fair collective agreements.
- 08/27/2023
|
‘DEVASTATING': Former Home Depot CEO warns about potential UAW strike
- Former Home Depot CEO Bob Nardelli weighs in on what could happen if United Auto Workers strike at three Detroit automakers and discusses the rise in retail theft. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 08/25/2023
|
Auto workers vote to authorize strike against General Motors, Ford, and Stellantis
- Contracts between the Detroit car companies and the United Auto Workers are set to expire within weeks, setting the stage for a possible strike. LOUISVILLE, Ky.
- 08/25/2023
|
150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
- Union workers at General Motors Co. (GM), Stellantis N.V. (STLA) and Ford Motor Co. (F) voted almost unanimously to authorize a strike, bringing the automotive industry one step closer to a labor stoppage.
- 08/25/2023
|
UAW union authorizes strike at Detroit Three automakers as talks hit snag
- While strike authorization votes are a common bargaining tool in the US auto sector and other industries, the tension surrounding this year's contract talks in Detroit is new.
- 08/25/2023
|
UAW votes to authorize Ford, GM, Stellantis strike after contract expires
- The United Auto Workers Union announced Friday its strike authorization vote passed with "near universal approval" from its 150,000 members at Ford, General Motors and Stellantis.
- 08/25/2023
|
UAW members authorize strike at Detroit Three automakers
- Members of the United Auto Workers (UAW) union voted in favor of authorizing a strike at the Detroit Three automakers if an agreement over a new contract is not reached before the current one expires on Sept. 14, UAW President Shawn Fain said on Friday.
- 08/25/2023
|
UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis
- UAW members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with GM, Ford and Stellantis, if warranted.
- 08/25/2023
|
UAW members could approve possible strikes at GM, Ford and Stellantis
- The United Auto Workers union is preparing for possible strikes at the nation's three unionized automakers next month, as the union tries to win back many of the concessions it lost more than 15 years ago and protect members during the transition to electric vehicles in the years ahead.
- 08/25/2023
|
Stellantis (STLA), AGI Join Forces to Electrify US Dealerships
- The collaboration with AGI is set to empower Stellantis' (STLA) 2,600-plus dealerships in the United States to seamlessly transition to electric vehicle sales and service.
- 08/24/2023
|
New Strong Buy Stocks for August 24th
- STLA, HUBB, GLAD, WTS and TCPC have been added to the Zacks Rank #1 (Strong Buy) List on August 24, 2023.
- 08/24/2023
|
Best Value Stocks to Buy for August 24th
- STLA, HSBC and FBIZ made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 24, 2023.
- 08/24/2023
|
It's ‘crunch time' for unionized auto workers, but this is not UPS
- Talks between unionized workers and the Big Three auto makers are progressing slowly ahead of the current four-year contract's Sept. 14 expiration, in contrast with recent labor successes.
- 08/23/2023
|
Stellantis in talks for potential EV tie-up in China - Bloomberg News
- Italian carmaker Stellantis is exploring options to partner with a Chinese electric vehicle (EV) maker as it tries to expand its presence in the world's largest auto market, Bloomberg News reported on Wednesday.
- 08/23/2023
|
3 Michael Burry Stocks That Are Too Intriguing to Ignore
- Made famous from the film “The Big Short,” the reclusive investor undergirding Michael Burry stocks is a difficult nut to crack. For some folks – including those high up on Wall Street – Burry is a one-trick pony.
- 08/21/2023
|
Stellantis (STLA) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Stellantis (STLA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 08/21/2023
|
Stellantis: Winning While Mr. Market Isn't Looking
- Stellantis reported strong H1 2023 results in July, beating expectations on car deliveries, topline, and earnings. The company continues to trade cheaply compared to industry peers, with an EV/EBIT of
- 08/21/2023
|
Should Value Investors Buy Stellantis (STLA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/21/2023
|
Fmr. Ford CEO Mark Fields on UAW strike vote: Wages don't really matter much if you don't have jobs
- Mark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss the UAW's strike vote this week, the impact on the auto industry, and more.
- 08/21/2023
|
Best Value Stocks to Buy for August 21st
- MLKN, MDWT and STLA made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 21, 2023.
- 08/21/2023
|
Automaker Stellantis has discussed moving pickup truck production from the U.S. to Mexico, union leader says
- Stellantis has threatened to move production of the current Ram 1500 pickup truck from a factory in suburban Detroit to Mexico, a union leader said Sunday.
- 08/20/2023
|
Stellantis (STLA) Invests $100M in CTR's Hell's Kitchen Project
- Stellantis (STLA) invests in the world's largest geothermal lithium project, with a production capacity of up to 300,000 metric tons of lithium carbonate equivalent each year.
- 08/18/2023
|
Stellantis Is One Of My Favorite Strong Buys
- Stellantis is a leading European carmaker embracing electric vehicles with solid fundamentals and impressive revenue and EPS growth. The company pays an 8% dividend that has grown by 29% in the last year, and also implements buybacks to support EPS growth. Stellantis offers opportunities for growth through its shift to EVs, diversification across brands and segments, and dominant position in the European market.
- 08/18/2023
|
The 7 Most Undervalued Value Stocks to Buy Now: August 2023
- While the glitz and glamour of the hottest technology firms organically command our attention, investors should earmark some time for researching value stocks to buy. Fundamentally, these under-the-radar ideas offer the potential for significant returns.
- 08/17/2023
|
The challenge for automakers is making EVs actually affordable: Fmr. Ford CEO Mark Fields
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 08/17/2023
|
Automaker Stellantis invests over $100M in geothermal lithium project in California
- (Kitco News) - The company said that Hell's Kitchen is the world's largest geothermal lithium project with a total resource capacity to produce up to 300,000 metric tons of lithium carbonate equivalent each year.
- 08/17/2023
|
Looming auto workers strike could cost $5 billion in just 10 days, new analysis says
- A work stoppage by nearly 150,000 UAW workers would result in an economic loss of more than $5 billion after 10 days, according to Anderson Economic Group.
- 08/17/2023
|
Stellantis invests more than $100 million in California lithium project
- Automaker Stellantis said it would invest more than $100 million in California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal.
- 08/17/2023
|
Best Value Stocks to Buy for August 17th
- STLA, BSVN and ERF made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 17, 2023.
- 08/17/2023
|
I'm not that worried about a strike by the UAW, it's not a reason to sell, says Jim Cramer
- 'Mad Money' host Jim Cramer revisits the auto industry to look at the ongoing negotiations between auto companies and the UAW.
- 08/16/2023
|
Cramer examines the potential fallout from a UAW strike but doesn't think auto shareholders should panic
- CNBC's Jim Cramer on Wednesday examined the potential ramifications a strike by the United Auto Workers union.
- 08/16/2023
|
UAW to vote on strike authorization next week; union chief says talks with automakers moving slowly
- DETROIT — About 146,000 members of the United Auto Workers union will vote next week whether to authorize their leaders to call strikes against the Detroit automakers.
- 08/15/2023
|
United Auto Workers union prepares strike authorization vote for next week at Detroit automakers
- The United Auto Workers union said Tuesday it is making plans for its 150,000 members at Ford, General Motors and Stellantis to vote next week on strike authorization.
- 08/15/2023
|
UAW workers may vote on strike at Detroit Three automakers next week
- Union members are planning to vote on a strike at Detroit Three automakers next week, the United Auto Workers (UAW) said on Tuesday, as it pushes the companies to reach new contract terms by Sept. 14 deadline.
- 08/15/2023
|
UAW Plans to Hold a Strike Authorization Vote
- The union plans to hold a strike authorization vote next week with its labor contracts set to expire Sept. 14.
- 08/15/2023
|
Biden urges 'fair agreement' between UAW and Detroit automakers that avoids plant closures
- Biden's statement comes as the UAW has withheld a reelection endorsement for the president.
- 08/14/2023
|
Biden urges UAW and Big Three automakers to reach deal to avoid strike
- President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
- 08/14/2023
|
Biden urges UAW and Detroit automakers to reach ‘fair agreement'
- President Joe Biden on Monday urged the United Auto Workers and Detroit's Big Three automakers to forge a deal, a month before the union's worker contracts expire.
- 08/14/2023
|
United Auto Workers negotiations continue with Ford, GM, and Stellantis
- Yahoo Finance Reporter Pras Subramanian breaks down the UAW's demands and the potential impact of the new contract on the auto industry.
- 08/14/2023
|
Top Calls: Union Strike Looms for Automakers
- David Whiston, Morningstar Research US Autos Equity Analyst joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
- 08/11/2023
|
UAW threatens strike against Ford, GM and Stellantis
- Yahoo Finance anchors Brad Smith, Julie Hyman, and Pras Subramanian discuss the tensions rising between the United Auto Workers Union and Ford, General Motors, and Stellantis as the union contract is set to expire in mid September.
- 08/11/2023
|
Chrysler parent Stellantis criticizes UAW demands in labor talks
- Chrysler parent Stellantis on Friday criticized the demands of the United Auto Workers union, saying they need "a focus on reality from everyone involved."
- 08/11/2023
|
United Auto Workers' contract talks with Detroit automakers heat up as strike threat looms
- Tensions are rising in the UAW's negotiations with Detroit's Big Three automakers after the union rejected Stellantis' contract offer and doubled down on threats to strike.
- 08/11/2023
|
UAW angrily tosses Stellantis contract offer in trash
- United Auto Workers (UAW) union President Shawn Fain angrily tossed contract proposals from Stellantis in a trash can on Tuesday, citing numerous concessions that the Chrysler parent is seeking in labor talks.
- 08/08/2023
|
UAW leader defends union's lofty demands, trashes Stellantis contract proposals
- UAW President Shawn Fain heavily criticized early bargaining proposals from Stellantis before throwing the packet of papers into a trash can.
- 08/08/2023
|
UAW says Chrysler-parent Stellantis seeking concessions in talks
- The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks including cuts to existing medical coverage.
- 08/08/2023
|
Ram Pickup Trucks Under Investigation For Losing Power Steering—Joining Tesla
- The National Highway Traffic Safety Administration will investigate more than 1.1 million vehicles.
- 08/08/2023
|
Former Ford CEO Mark Fields on UAW negotiations: They want to go back to 20th century benefits
- Mark Fields, former Ford Motor president and CEO, joins 'Squawk Box' to discuss the latest in contract negotiations between the UAW and the Big 3 automakers, what a potential strike would mean, and more.
- 08/08/2023
|
50 Large-Cap High-Yield Stocks For August
- dogsofthedow.com (DOD) recently published this list of 50 large-cap high-dividend stocks as of 8/3/23 per data from YCharts. The DOD list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up." Investors reduce this volatility/risk by searching for high dividends from large well-established companies. For example, YCharts net-gain estimates (updated 8/3/23) for STLA, PBA, ET, BTI, TEF, T, PBR, IEP, VOD & MO ranged 36.88%-65.73%.
- 08/07/2023
|
Auto stocks drive lower as UAW lays out double-digit pay raise demands
- CNBC's Phil LeBeau joins 'Fast Money' to talk UAW's initial demands and the impact it is having on auto stocks.
- 08/04/2023
|
UAW seeks 40% pay increase from auto makers: WSJ
- The United Auto Workers union is asking the big Detroit auto makers to raise factory workers' pay by 40% for a new four-year labor contract, the Wall Street Journal reported on Thursday. The demand from the union — which represents around 150,000 hourly employees at General Motors Co. GM, -1.26%, Ford Motor Co. F, +0.46% and Stellantis STLA, -0.51% — follows signs of a tougher stance from union leadership on the talks ahead of a Sept.
- 08/03/2023
|
UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
- The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis.
- 08/03/2023
|
Feds propose 18% fuel-economy increase — to 43.5 MPG — for new vehicles by 2032
- The U.S. government is proposing an 18% increase in the requirement for new-vehicle fuel economy beginning with the 2027 model year and fully enforced by the 2032 model year.
- 07/28/2023
|
GM, BMW among 7 automakers joining forces to create a high powered EV charging network
- Yahoo Finance's Pras Subramanian reports on 7 automakers including General Motors, BMW, Honda, Hyundai, KIA, Stellantis, and Mercedes that are joining forces to create an EV charging network.
- 07/26/2023
|
Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
- Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
- 07/26/2023
|
Eco-Friendly Car Sales Helped Stellantis Break a 7-Quarter Losing Streak
- The automotive maker's sales grew 6% after seven quarters of year-over-year declines.
- 07/26/2023
|
G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers
- The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
- 07/26/2023
|
Stellantis reports record 1H revenue and profit as EV sales accelerate
- Stellantis NV (NYSE:STLA, EPA:STLA) has reported a sharp rise in first-half revenue and profit, supported by strong electric vehicle (EV) sales. The automaker, whose models include the Jeep Wrangler 4xe, the Fiat New 500 and the Citroen Berlingo, shipped 3.33 million vehicles over the six months to June 30, 2023, up from 3.03 million a year earlier.
- 07/26/2023
|
Stellantis CEO says Tesla margins hurt as EV maker faces reality check
- Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition.
- 07/26/2023
|
Stellantis wants Italy government support to hit million model mark
- Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy it is discussing with Rome was well within reach but it could not be a one-sided commitment and the government must support it.
- 07/26/2023
|
5 Things to Know Before Markets Open
- The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn't meet analyst expectations. Here's what investors need to know today.
- 07/26/2023
|
Jeep, Dodge maker Stellantis posts first-half revenue jump, confirms 2023 guidance
- Global battery electric vehicle and low emission vehicle sales were up 24% and 28% year-on-year, respectively.
- 07/26/2023
|
Stellantis operating profit rises 11% in H1 topping forecasts
- Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year, whit revenues also increasing thanks to higher vehicle shipments.
- 07/26/2023
|
We're in a 'make-or-break' moment for the EV industry, says former Ford CEO Mark Fields
- Mark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss General Motors' Q2 earnings results, the state of the EV market, and more.
- 07/25/2023
|
STLA Stock Alert: Stellantis Plans Second U.S. Battery Factory
- Stellantis (NYSE: STLA ) stock is on the move Monday after the vehicle manufacturer announced plans for a second U.S. battery factory. According to a press release from Stellantis, it's working alongside Samsung SDI to set up another battery factory under the StarPlus Energy joint venture.
- 07/24/2023
|
Stellantis, Samsung SDI set plan to build second US battery plant
- French-Italian automaker Stellantis and South Korean battery maker Samsung SDI on Monday said they plan to open a second joint-venture plant in the U.S. to build electric vehicle batteries, with a target to start production in 2027.
- 07/23/2023
|
7 Blue-Chip Stocks That Are Screaming Buys Right Now: July 2023
- While it's usually the smaller enterprises that offer screaming buy opportunities for discerning speculators, sometimes even the best blue-chip stocks to buy don't get the attention they deserve. With thousands upon thousands of publicly traded securities available, it's inevitable that some ideas will slip through the cracks.
- 07/23/2023
|
UAW seeks Washington backing to pressure Detroit Three automakers in labor talks
- United Auto Workers President Shawn Fain has made winning the support of Washington a key part of the union's strategy to nail down new labor deals with the Detroit Three automakers.
- 07/21/2023
|
Stellantis unit official pleads guilty to felony in US diesel emissions probe
- An official with the U.S. business unit of Fiat Chrysler Automobiles has pleaded guilty to a felony as a result of conspiring to violate the Clean Air Act, the U.S. Justice Department said on Thursday.
- 07/20/2023
|
Stellantis (STLA) is a Great Momentum Stock: Should You Buy?
- Does Stellantis (STLA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/19/2023
|
Stellantis (STLA) Takes Charge With Robust Semiconductor Strategy
- As the auto industry increasingly relies on semiconductors, Stellantis (STLA) is securing its tech-driven future with semiconductor contracts worth 10 billion euros through the decade-end.
- 07/19/2023
|
The 3 Most Undervalued EV Stocks to Buy Now: July 2023
- We have been quite saturated with information about everything related to climate change. Such as, the decrease of the carbon footprint, keeping the planet green and a renewable ecosystem.
- 07/19/2023
|
E-Pickup Battle Escalates: F Cuts Price, TSLA Unveils Cybertruck
- The developments from Ford (F) and Tesla (TSLA) indicate that the e-pickup space is heating up, with competition expected to intensify as RIVN, GM, STLA and others vie to secure their market share.
- 07/18/2023
|
5 Things to Know Before Markets Open
- Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after reports that it will invest in a rival chipmaker. Here's what investors need to know today.
- 07/12/2023
|
Auto industry braces for contentious contract talks as UAW formally kicks off bargaining
- UAW president has vowed to be aggressive in bargaining with General Motors, Ford Motor and Stellantis for new worker contracts.
- 07/12/2023
|
Auto Roundup: Stellantis Steals the Spotlight With a Slew of Updates
- A financial advisor can help you understand the advantages and disadvantages of investment properties.
- 07/11/2023
|
Will the U.S. Auto Market Momentum Continue in 2H23?
- The U.S. auto market is expected to maintain its momentum in the second half of 2023 on the back of strong consumer demand and improved inventory levels, despite high borrowing costs.
- 07/10/2023
|
Stellantis: Revving Up For Success Even In Case Of A Recession
- Stellantis, the fourth-largest automaker globally, is demonstrating strong performance and potential in the auto industry, with a focus on maximizing margin performance and cash flow generation. Despite a decrease in market share, Stellantis is achieving growth in shipments and net revenues, showcasing its ability to build pricing power and adapt to changing market dynamics. With a robust financial position, including a significant cash reserve and low debt, Stellantis is well-positioned to weather market fluctuations and invest in its business, making it an undervalued opportunity.
- 07/07/2023
|
NioCorp inks term sheet with car giant Stellantis for rare earths
- NioCorp Developments Limited revealed that it has signed an offtake term sheet with car giant Stellantis NV (NYSE:STLA, EPA:STLA) with the objective of forging a definitive supply agreement for rare earth minerals critical to electrical vehicles (EVs). The term sheet envisages a definitive agreement for a 10-year offtake contract for specific amounts of neodymium-praseodymium oxide, dysprosium oxide, and terbium oxide that NioCorp will produce at its Elk Creek critical minerals project in Nebraska.
- 07/07/2023
|
Jefferies: Still have to worry about the macro environment and labor talks in the auto sector
- Jefferies' Philippe Houchois discusses the fight for market share in the EV sector between the pure players such as Tesla and Rivian and the traditional automakers, like Ford and GM.
- 07/07/2023
|
Truck makers pledge to comply with new California rules phasing out gas-powered vehicles
- SACRAMENTO, Calif. — Some of the nation's largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block the state's emission standards.
- 07/06/2023
|
Automaker Stellantis and critical metals firm NioCorp sign rare earth offtake term sheet
- (Kitco News) - Automaker Stellantis (NYSE: STLA) and critical metals project developer NioCorp (Nasdaq: NB) (TSX: NB) today announced the signing of a rare earth offtake term sheet.
- 07/06/2023
|
Stellantis (STLA) Speeds Up EV Shift With STLA Medium Platform
- Stellantis (STLA) is shifting into high gear with its new STLA Medium platform, which is set to revolutionize the EV market. Discover how this platform marks a major stride in the firm's sustainable mobility mission.
- 07/06/2023
|
Stellantis reaches preliminary deal for rare earth minerals with NioCorp
- Automaker Stellantis N.V. and Canada-based miner NioCorp Developments Ltd on Thursday signed an offtake term sheet with the objective of establishing a supply deal for rare earth minerals critical to electrical vehicles.
- 07/06/2023
|
Auto Sales Climb 13% as Consumers Continue to Spend
- Interest rates and inflation are apparently no match for the consumer's desire for a new car. New vehicle sales in the U.S. rose an estimated 13% in the first half of 2022, The Wall Street Journal reported Wednesday (July 5), citing data from research firm Wards Intelligence.
- 07/06/2023
|
Strong demand drives U.S. new vehicle sales nearly 17% higher in first half of 2023
- Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers.
- 07/05/2023
|
Stellantis says to resume battery plant construction in Canada after reaching deal with governments
- Canada's federal government and the province of Ontario on Wednesday inked a new deal with Stellantis-LG Energy Solution (LGES) , , increasing state subsidies for the construction of an electric-vehicle (EV) battery plant in the city of Windsor, Stellantis said.
- 07/05/2023
|
Stellantis CEO says not in interest of Western business to decouple from China
- The head of Stellantis said Beijing's decision to restrict exports of two metals widely used in semiconductors and electric vehicles should not push Western companies to accelerate efforts to reduce their exposure to China.
- 07/05/2023
|
Stellantis unveils new platform underpinning move to electric vehicles
- Stellantis on Wednesday unveiled its new 'STLA Medium' vehicle platform, the first of four new electric-centric bases that will underpin all future models made by the world's fourth largest carmaker by sales.
- 07/05/2023
|
Stellantis (STLA) to Redefine Urban Mobility With 600e SUV
- Revolutionizing the EV market, Stellantis (STLA) unveils the 600e SUV- a blend of classic charm and cutting-edge technology. The model is poised to reshape urban mobility and champion sustainability.
- 07/05/2023
|
Stellantis CEO rules out moving Peugeot e-208 production to France
- Stellantis has no plans to move production of the electric Peugeot e-208 to France from Spain despite a push from the French government for more locally made cars, CEO Carlos Tavares said in an interview published on Wednesday.
- 07/05/2023
|
Stellantis (STLA) Mirafiori Site Joins grEEn-campus Program
- Stellantis' (STLA) Mirafiori Site in Italy is set to become the next 'grEEn-campus' location. The transformation is part of the company's Dare Forward Strategy to reach carbon net zero by 2038.
- 07/04/2023
|
Stellantis to invest in historic Italian Mirafiori plant
- Carmaker Stellantis will invest up to 200 million euros ($218 million) to ensure its Italian Mirafiori site, the historic home of Fiat, remains one of its primary locations for what it is calling its "green campus" programme.
- 07/03/2023
|
Stellantis (STLA) Boosts EV Future With Kuniko Collaboration
- In an electrifying move, Stellantis (STLA) secures a sustainable source of key battery metals through its partnership with Kuniko.
- 07/03/2023
|
Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%
- Stellantis' sales uptick is expected to be among the lowest of the quarter, according to auto analysts who project industry sales to have increased 16% to 18%.
- 07/03/2023
|
Automaker Stellantis inks battery metals offtake deal with Australia's Kuniko
- Australia's Kuniko said on Monday it had signed an offtake and equity investment agreement with Franco-Italian automaker Stellantis.
- 07/02/2023
|
July's Top 50 Large-Cap High-Yield Dividend Stocks
- Dogsofthedow.com recently published this list of 50 large-cap high-dividend stocks as of 6/29/23. This list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up”. Investors reduce volatility/risk by limiting high-dividend searches to large-well-established companies. For example, net gain estimates (as-of-6/29/23) for PXD, WES, TEF, DVN, T, ET, STLA, PBR, BTI, & topped-by VOD, ranged 31.24%-56.04%.
- 07/01/2023
|
Automaker Stellantis inks offtake with Kuniko for supply of low carbon nickel and cobalt sulphate
- (Kitco News) - Automaker Stellantis (NYSE: STLA) today announced the signing of a binding offtake term sheet agreement with Kuniko (ASX: KNI) securing a 35% future production offtake of nickel sulphate and cobalt sulphate from Kuniko's Norwegian exploration projects for a term of nine years.
- 06/30/2023
|
Stellantis puts Michigan plants in 'critical status' ahead of union talks
- Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly and Jefferson North factory in Michigan, to boost Jeep SUV production ahead of a potential strike deadline in September, according to a document shared with Reuters.
- 06/28/2023
|
Stellantis to end gearbox production at Vienna plant, 300 jobs impacted
- Stellantis has informed unions and local officials of its plans to end operations at its gearbox production site in Vienna-Aspern in Austria, a company spokesperson said on Wednesday.
- 06/28/2023
|
Stellantis launches EV charging business
- Netherlands-based Stellantis is jumping into the EV charging industry with the launch of Free2move, providing infrastructure at home or work, the company announced on Tuesday.
- 06/27/2023
|
Stellantis launches Free2move Charge to ease EV 'charging anxiety'
- Stellantis NV (NYSE:STLA, EPA:STLA), owners of brands such as Jeep, Ram, Peugeot and Fiat, announced on Tuesday that it is launching a new business unit that will manage a service called Free2move Charge, which will deal in everything from home charging wall boxes to public electric vehicle (EV) charging network aggregation. Stellantis stated the new service would address “electric vehicle customer needs at home, in their business and on-the-go.
- 06/27/2023
|
Stellantis launches new EV charging service as electric vehicle sales accelerate
- Stellantis launched Free2move Charge, the first product under its new charging and energy management business unit that aims to handle every aspect of powering up an EV whether at home, work or on the road.
- 06/27/2023
|
Stellantis aims to relieve 'charging anxiety' with new service for EV users
- Stellantis launched a 'Charging & Energy' business unit on Tuesday to make it easier to keep electric vehicles on the road and cash in on an expanding range of services around greener mobility.
- 06/27/2023
|
Stellantis getting help from dealers to deliver cars in Italy
- Stellantis has reached a deal with Italian dealers to help the carmaker deliver vehicles at a time of prolonged logistical disruption in Europe, the group's head for Italy Santo Ficili said on Monday.
- 06/26/2023
|
Stellantis (STLA) & Archer Partnership Moves to Execution Phase
- Stellantis (STLA) and Archer's partnership proceeds to the next level with the ongoing construction of the world's first high-volume eVTOL aircraft manufacturing facility.
- 06/26/2023
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/26/2023
|
U.S. companies told to adapt as Washington fights against forced labor in China: ‘It's going to be a very different environment'
- A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official.
- 06/22/2023
|
New technologies hurt car quality as EV brands fare poorly, J.D. Power says
- Three Stellantis brands — Dodge, Ram and Alfa Romeo — topped this year's quality rankings.
- 06/22/2023
|
Stellantis (STLA) Fuels Innovation, Invests in 11 Green Startups
- Through these innovative investments, Stellantis (STLA) is seeding the ground for a more sustainable, customer-centric, and technologically advanced future in mobility.
- 06/21/2023
|
Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
- Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026.
- 06/20/2023
|
UAW president rallies members for potential strikes at Ford, GM and Stellantis
- The new president of the United Auto Workers came out swinging against Ford, General Motors and Stellantis on Friday, warning of possible strikes.
- 06/17/2023
|
Stellantis (STLA) Recalls More Than 354K Jeep Grand Cherokees
- Stellantis (STLA) calls back the 2022-2023 Grand Cherokee and 2021-2023 Grand Cherokee L SUVs due to coil spring defects. It also recalls the 2014-2019 Ram 1500 and 2014-2020 Jeep Grand Cherokee.
- 06/16/2023
|
Stellantis to reveal its first Europe-made affordable electric vehicle
- Stellantis will reveal its first European-made, affordable electric car in mid-October.
- 06/16/2023
|
Stellantis to unveil Citroën e-C3, first affordable European-made EV
- The world's No.3 carmaker Stellantis will unveil its first European-made affordable electric car in mid-October, the new Citroën e-C3, as it gears up to counter the arrival of lower-cost Chinese brands in the European market.
- 06/15/2023
|
Stellantis invests 100 million euros in startups, mobility fund
- The venture capital arm of automaker Stellantis said on Thursday it will invest about 100 million euros ($108.3 million) in automotive and battery technology startups and a mobility venture fund.
- 06/15/2023
|
Stellantis has invested about one-third of its 300M euro fund into 10 startups
- The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic augmented reality to sustainable manufacturing and even e-bikes. Stellantis Ventures said Wednesday it also invested in an unnamed venture capital firm's mobility fund.
- 06/15/2023
|
Canada finance minister: Stellantis investment 'is coming'
- Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and "is coming," Finance Minister Chrystia Freeland said on Wednesday, hinting that a new deal may have been reached.
- 06/14/2023
|
SPAC Deal Sparks Surge in EV Battery Supply Chain
- As EVs take over the world, PowerCo, Stellantis, and Glencore team up to secure their supply of vital raw materials by investing in ACG Acquisition Company.
- 06/14/2023
|
Stellantis N.V.: Dodge, Made In Italy
- Dodge is part of the Stellantis group of automotive brands. The brand has only the tiniest number of nameplates left in its portfolio. Facing a dwindling Dodge portfolio breath, Stellantis is now adding a new nameplate to the Dodge brand: Hornet. It's a compact SUV with a Dodge-like performance focus. This vehicle is basically the Alfa Romeo Tonale. Same development, the same factory in Italy.
- 06/14/2023
|
Stellantis says it is evaluating Tesla's charging standard
- Automaker Stellantis said on Tuesday that it continues to evaluate Tesla's charging standard after Ford Motor Co and General Motors Co said they were adopting it.
- 06/13/2023
|
Gurus Are Driving Away With These 5 Auto Stocks
- Shares of automaker Toyota Motor Corp. ( TM , Financial) climbed more than 5% on Tuesday morning after its plans for next-generation battery electric vehicles were announced.
- 06/13/2023
|
Stellantis recalls 332,000 Jeeps
- Stellantis, the owner of Jeep has filed a recall with the NHTSA, of nearly 332,000 vehicles over loose rear suspension that could spontaneously detach.
- 06/13/2023
|
Glencore enters SPAC with Stellantis and Volkswagen to purchase Brazilian mines
- Glencore, automobile firm Stellantis and Volkswagen's battery company PowerCo have entered a US$1bn deal to fund ACG Acquisition Company to buy two mines in Brazil. ACG is a London-listed special purpose acquisition company (SPAC) that will buy Santa Rita nickel sulphide and Serrote copper mines from private equity funds advised by Appian Capital.
- 06/12/2023
|
3 Stocks to Buy to Play Europe's EV Battery Boom
- The E.U. aims to attract EV battery manufacturers to reduce reliance on Chinese counterparts.That's got me thinking about high potential EV battery stocks. According to SkyQuest, a leading growth consultant, the Europe EV battery market is expected to reach $9.1 billion by 2028.
- 06/11/2023
|
The 7 Most Undervalued Stocks to Buy in June 2023
- While acquiring high-momentum shares in the hopes of even greater returns may represent a sound tactic, arguably most investors prefer targeting the most undervalued stocks to buy. At the psychological level, a certain pioneering appeal exists about discovering the next big thing before the crowd arrives.
- 06/08/2023
|
Stellantis CEO is pursuing best results for group - Italy economy minister
- Italy's economy minister suggested on Monday that Rome's government had no need to directly invest in Stellantis as the carmaker was doing good, echoing similar comments made last week by the group's chairman.
- 06/05/2023
|
Stellantis in talks for parts and material recycling JV with Galloo
- Carmaker Stellantis and Belgian metals recycler Galloo have entered exclusive talks to create a joint venture focused on parts and material recycling from end-of-life vehicles, the two companies said on Monday.
- 06/05/2023
|
The 7 Best Stocks Under $20 to Buy in June 2023
- With stubbornly high inflation hitting the pocketbook, you might believe that the concept of the best affordable stocks for June 2023 is a pipe dream. To be quite blunt, investors should avoid chasing cheap securities just because of their entry point.
- 06/04/2023
|
Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
- Tesla stock is up more than 4% in late trading. One reason looks technical.
- 06/02/2023
|
Exclusive: Stellantis, GM pay $363 million in US fuel economy penalties
- Chrysler-parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen Friday by Reuters show.
- 06/02/2023
|
Lithium developer Vulcan and automaker Stellantis announce joint geothermal energy project in France
- (Kitco News) - Lithium developer Vulcan Energy (ASX: VUL) and automaker Stellantis (NYSE: STLA) yesterday announced the formation of a joint project to develop geothermal renewable energy to supply to Stellantis' Mulhouse auto manufacturing plant in France, whilst assessing lithium potential from the same area.
- 06/01/2023
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/01/2023
|
Stellantis announces 160 million euro investment to launch electric SUV in 2025
- Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact SUV in 2025, the Franco-Italian-American car manufacturer announced on Thursday.
- 06/01/2023
|
June's Top 50 Large-Cap High-Yield Dividend Stocks
- Dogsofthedow.com originally published this list of 50 large-cap high-dividend stocks as-of 5/5/23. This list targeted-investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly-up." Limiting investors high-dividend search to large, well-established companies reduces this volatility/risk. For example, YCharts net-gain estimates from 5/29/23 for RIO, T, ET, CHK, BBVA, VOD, BTI, STLA, EC, & PBR ranged 40.39%-74.75%.
- 05/31/2023
|
Australia's Vulcan Energy signs deal with Stellantis for new geothermal projects
- Australia's Vulcan Energy Resources Ltd said on Wednesday it has signed a binding term sheet with Stellantis NV for potential use of geothermal renewable energy to decarbonise the energy supply for Stellantis' European operations.
- 05/30/2023
|
Stellantis Stock Would Do Better as 'Chrysler'
- Ford and GM want to close the valuation gap With Toyota and Tesla. Netherlands-based Stellantis just wants to catch up to Ford and GM stock.
- 05/30/2023
|
Automaker Stellantis announces inauguration of lithium battery gigafactory in France
- (Kitco News) - Automaker Stellantis (NYSE: STLA) celebrated today the inauguration of Automotive Cells Company's (ACC) battery gigafactory in Billy-Berclau Douvrin, France, the first of three planned in Europe.
- 05/30/2023
|
Stellantis (STLA) Invests in Lyten for EV Battery Technology
- Stellantis (STLA) invests in Lyten to help the latter develop applications for Lithium-Sulphur EV batteries, lightweighting composites and onboard sensing solutions.
- 05/30/2023
|
Stellantis will need one or two additional U.S. battery plants - Tavares
- Stellantis will need one or even two additional large factories in the United States to produce electric vehicle batteries in order to reach its global battery production target, the company's chief executive, Carlos Tavares, said on Tuesday.
- 05/30/2023
|
Automaker Stellantis invests in Lyten, a Silicon Valley-based manufacturer of lithium-sulfur EV batteries
- (Kitco News) - Automaker Stellantis (NYSE: STLA) announced on Thursday that Stellantis Ventures invested in Lyten to accelerate the commercialization of Lyten 3D Graphene™ applications for the mobility industry, including the LytCell™ lithium-sulfur EV battery, lightweighting composites, and novel on-board sensing.
- 05/25/2023
|
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
- STELLANTIS INVESTS IN US START-UP LYTEN TO HELP DEVELOP LITHIUM-SULFUR EV BATTERIES - STATEMENT
- 05/25/2023
|
7 EV Stocks With the Most Potential to Go the Distance
- While electric vehicles may dominate the roadways of the future, their general underperformance since the beginning of 2022 has clouded the narrative of EV stocks with high potential. To be sure, the dramatic rise of competition in the arena most likely won't be sustainable.
- 05/24/2023
|
Despite promises, automakers lack 'concrete actions' to decarbonise steel - Greenpeace
- Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material's consumption by reducing the size of vehicle models, Greenpeace said on Thursday.
- 05/24/2023
|
Stellantis may limit some gas-powered vehicles in states adopting California emissions rules
- Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules.
- 05/24/2023
|
3 Auto Market Trends You Should Be Buying Right Now
- After two years facing various issues, the auto market is beginning to look up this year.
- 05/23/2023
|
How Much Upside is Left in Stellantis (STLA)? Wall Street Analysts Think 29.2%
- The consensus price target hints at a 29.2% upside potential for Stellantis (STLA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 05/23/2023
|
Ford, GM and Toyota push into midsize pickup trucks, the latest battleground for U.S. automakers
- The small pickups have evolved from entry-level work trucks to pricey, capable and highly profitable models that can cost more than $60,000.
- 05/20/2023
|
Ontario govt will make more money available to help Stellantis resume Canada battery plant
- Ontario Premier Doug Ford said on Friday that his government will put more money on the table to help Stellantis resume its battery plant in Canada.
- 05/19/2023
|
Stellantis warns UK risks exodus of EV production under post-Brexit rules
- The auto giant faces a steep rise in export tariffs for EVs sent between the U.K. and EU that it says threaten its operations in the U.K.
- 05/17/2023
|
Stellantis says UK car factories will close if Brexit deal isn't changed
- British car factories will be forced to close with the loss of thousands of jobs if the government does not renegotiate its Brexit trade deal immediately, automaker Stellantis warned on Wednesday.
- 05/17/2023
|
Stellantis says UK needs to change Brexit deal -BBC
- Stellantis , one of the world's biggest automakers, has said that UK needs to renegotiate parts of its Brexit deal or risk losing parts of its car industry, the BBC reported on Tuesday.
- 05/16/2023
|
Stellantis halts construction of EV battery plant in Ontario, citing need for federal funding
- The construction of an electric vehicle battery factory in Windsor, Ontario has been halted as the companies behind it lobby for more public money from the Canadian government. Stellantis and LG, which announced the 45 gigawatt-hour factory last year, announced the shutdown Monday.
- 05/16/2023
|
Is Stellantis (STLA) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/16/2023
|
Stellantis, LGES implementing 'contingency plans' for battery plant in Canada
- Automaker Stellantis and South Korea's LG Energy Solution (LGES) are implementing "contingency plans" related to a more-than C$5 billion battery plant investment plan in Canada because the federal government has not delivered on its promises, a Stellantis spokesperson said on Friday.
- 05/12/2023
|
43 May 2023 Ideal Dividend Large-Cap High-Yield Stocks
- Dogsofthedow.com published this May list of 50 Large Cap High Dividend stocks 5/5/23. Dogsofthedow.com published this list for investors who “don't want to simply focus on high dividend yield only to discover the stock price plunging or the corporation has gone belly-up."
- 05/09/2023
|
Chrysler-parent Stellantis reports rising 1Q sales including growing EV numbers
- Stellantis shares are down Wednesday even as the Jeep and Chrysler maker reporter rising first-quarter net revenue and improved shipping numbers. The Dutch-based company posted revenue of US$52 billion, up 14% year-over-year, including $25 billion in North America.
- 05/03/2023
|
GM, Ford, and Stellantis Posted Strong Numbers. No One Cared.
- The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.
- 05/03/2023
|
Jeep, Dodge maker Stellantis posts first-quarter revenue jump as chip supply eases
- Carmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures boosted shipments.
- 05/03/2023
|
Stellantis confirms 2023 guidance after first-quarter revenue jump
- Stellantis on Wednesday confirmed its 2023 guidance after reporting a rise in revenue on more shipments and higher net pricing for the first quarter.
- 05/03/2023
|
Vauxhall owner takes legal action against suppliers over alleged price fixing
- Vauxhall owner Stellantis has taken legal action against tyre maker Continental and electronics group Bosch over alleged price fixing. The group is the latest car maker to start legal proceedings after Mercedes took the pair to court last year accusing German groups Continental, Bosch and others of running a cartel in the supply of brakes and brake parts.
- 05/02/2023
|
‘Serious competition' as Chinese EV brands expand to global markets
- YOKOHAMA, Japan — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China's BYD Auto.
- 05/01/2023
|
Automaker Stellantis inks nickel and cobalt offtake agreement with Alliance Nickel
- (Kitco News) - Automaker Stellantis (NYSE: STLA) today announced the signing of a binding offtake agreement with Alliance Nickel (ASX: AXN) for the supply of 170,000 tons of nickel sulphate and 12,000 tons of cobalt sulphate in total over an initial five-year period.
- 04/28/2023
|
Has Stellantis (STLA) Outpaced Other Auto-Tires-Trucks Stocks This Year?
- Here is how Stellantis (STLA) and Volkswagen AG Unsponsored ADR (VWAGY) have performed compared to their sector so far this year.
- 04/28/2023
|
Best Momentum Stock to Buy for April 28th
- PHM, HUBB and STLA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 28, 2023.
- 04/28/2023
|
New Strong Buy Stocks for April 28th
- HDELY, STLA, BYD, GM and KOF have been added to the Zacks Rank #1 (Strong Buy) List on April 28, 2023.
- 04/28/2023
|
Citroën Brand CEO: India could be 'absolutely perfect' for electric vehicles
- Thierry Koskas, the CEO of Citroën Brand, speaks to CNBC's Charlotte Reed.
- 04/27/2023
|
Stellantis Offers Buyouts To 33,500 Employees—Latest Automaker To Cut Costs
- Stellantis' buyout program comes just weeks after General Motors said it offered buyouts to more than 5,000 employees.
- 04/26/2023
|
Chrysler-parent Stellantis offering buyouts to 33,500 U.S. employees
- The buyouts will be offered to 31,000 hourly employees and 2,500 salaried non-union U.S. employees, the automaker said Wednesday.
- 04/26/2023
|
Stellantis Layoffs 2023: What to Know About the Latest STLA Job Cuts
- Stellantis (NYSE: STLA ) layoffs are on the way as the automotive company prepares to cut a portion of its workforce. According to recent reports, Stellantis is looking to reduce its headcount by 3,5000 workers.
- 04/26/2023
|
Should Value Investors Buy Stellantis (STLA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/21/2023
|
What If Stellantis Were To Spin Off Maserati?
- What If Stellantis Were To Spin Off Maserati?.
- 04/21/2023
|
Stellantis: Transforming Itself For The Future
- Stellantis: Transforming Itself For The Future.
- 04/20/2023
|
Automaker Stellantis hires ex-Adidas, grocery executive as CFO
- Stellantis CFO Richard Palmer will be succeeded by Natalie Knight, who has served as CFO at the Netherlands-based food retailer Ahold Delhaize since early 2020.
- 04/19/2023
|
STLA Stock Alert: What to Know as Stellantis Recalls 131,700 Trucks
- Stellantis (NYSE: STLA ) stock is on the move Wednesday after the company announced a recall of 131,700 Ram 1500 pickup trucks. That recall has to do with issues concerning the powertrain software of vehicles produced during 2021.
- 04/19/2023
|
4 Auto Giants Whose EVs Qualify for $7,500 US Tax Credit
- Per the list released by the U.S. Treasury Department, EVs manufactured by GM, F, TSLA and STLA qualify for the $7,500 in tax credits this year. Read on to know which vehicles meet the eligibility criteria.
- 04/19/2023
|
2023 EV Tax Credit List: The Only 14 Electric Vehicles That Still Qualify
- We're approaching that time of year again when last year's models are getting cleared out to make space for the newest cars on the lot. Accordingly, for car buyers looking at electric vehicles (EVs), the 2023 EV tax credit will likely be an important factor to consider when picking a vehicle.
- 04/17/2023
|
Stellantis to Announce First Quarter 2023 Shipments and Revenues on May 3
- AMSTERDAM, April 17, 2023 – Stellantis N.V. announced today that its First Quarter 2023 Shipments and Revenues will be released on Wednesday, May 3, 2023.
- 04/17/2023
|
New EPA restrictions spell trouble for auto stocks, expert says
- Carleton English, Jack Hough and Andrew Bary discuss what's next for the Federal Reserve, new restrictions from the EPA and commodities on ‘Barron's Roundtable.' https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 04/15/2023
|
Future Cars, Auto Industry Recovery Put Components Suppliers On Strong Footing
- Robust growth and strong earnings outlooks have propped auto supplier stocks. Safe, connected future cars are a key driver.
- 04/13/2023
|
7 Blue-Chip Stocks That Are on Fire Sale Right Now
- Talking heads warn a recession is imminent in America. The majority of these people appear to either have academic backgrounds or be economists who advise large banks without actually making trading decisions themselves.
- 04/11/2023
|
Does Stellantis Offer Value to Investors After EV Pickup Launch?
- Stellantis NY (NYSE: STLA) was in the news for mostly positive reasons in the last week. The company debuted its first light-duty all-electric EV pickup.
- 04/11/2023
|
Stellantis Annual General Meeting Live Webcast
- Stellantis Annual General Meeting Live Webcast
- 04/07/2023
|
Stellantis Is Set To Outperform
- Stellantis raised the bar on shareholder remuneration while investing for growth. Maserati is a gem that should increase margins before a potential spin-off.
- 04/07/2023
|
Stellantis (STLA) Unveils 2025 Ram 1500 REV With Two Options
- Stellantis' (STLA) 2025 Ram 1500 REV to be offered in two choices with a targeted range of up to 500 miles.
- 04/06/2023
|
Stellantis and BMW in talks with Tesla battery supplier; Ram unveils electric pickup with more range than Ford's Lightning F-150
- Automakers Stellantis and BMW are in talks with Panasonic — the company that supplies batteries to Tesla — about potential new battery plants in North America, according to reports. Panasonic is an industry leader in cylindrical cells and has been supplying 18650 cells for the Model S sedan and Model X SUV and 2170 cells for the Model 3 and Model Y.
- 04/05/2023
|
Ram electric pickup truck can go 500 miles on a charge, says Stellantis
- Stellantis chief executive Carlos Tavares has said in the past that the company's electric Ram pickup truck, while being later to the market than trucks from major competitors, would surpass them in range and capability. On Wednesday, the company put some specific numbers behind the CEO's claims.
- 04/05/2023
|
Ram's electric pickup will top the F-150 Lightning and GMC Hummer in EV range
- Stellantis executives have said while the 2025 Ram 1500 REV won't be first to market when it's expected to go on sale next year, it will offer leading capabilities.
- 04/05/2023
|
Peugeot owner Stellantis explores car financing market
- Stellantis, the holding company for Fiat, Peugeot and Citroën, said clients are seeking longer-term contracts for leasing and financing its cars. The Dutch company revealed that a large proportion of loans had shifted from three-year deals to four.
- 04/04/2023
|
Stellantis sees vehicle loan durations extended amid banking turmoil
- Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said.
- 04/04/2023
|
U.S. auto sales rise 7.5% in first quarter, even as interest rates for car loans hit 15-year high
- DETROIT — U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
- 04/03/2023
|
Stellantis' U.S. unit FCA sees Q1 sales drop
- FCA US said Monday it sold 368,237 vehicles in the first quarter, down 9% from the year-ago period. The company is “making the necessary adjustments” to meet customers' expectations, U.S. Head of Sales Jeff Kommor said.
- 04/03/2023
|
Stellantis (STLA) Invests EUR 130M in Eisenach Assembly Plant
- Stellantis (STLA) announces to invest over EUR 130M in Eisenach Assembly Plant to produce new BEV and acquires LeasePlan in Luxembourg and ALD in Portugal.
- 03/23/2023
|
Stellantis (STLA) to Launch Fiat in Algeria & Invest EUR 200M
- Stellantis (STLA) announces launching six Fiat models in Algeria and plans to invest more than EUR 200 million to produce four models.
- 03/21/2023
|
2023 Challenger: Dodge unveils last super-fast, gas-powered muscle car
- DETROIT — The last gas-powered muscle car from Dodge isn't leaving the road without some squeals, thunder and crazy-fast speed.
- 03/20/2023
|
Dodge resurrects controversial Challenger SRT Demon for final year of V8 muscle cars
- The 2023 Dodge Challenger SRT Demon 170 will deliver 1,025 total horsepower, 945 foot-pounds of torque and reach 60 mph from a rolling start in 1.66 seconds.
- 03/20/2023
|
1 Often-Overlooked Dividend Stock to Buy Now
- Stellantis' P/E is lower than its Detroit competitors, despite outearning them. Some of that is due to its EV strategy compared to its rivals, which worries some investors.
- 03/19/2023
|
Stellantis in talks to assemble electric cars in Spain, Cinco Dias reports
- Stellantis is in talks with the Spanish government regarding the production of small electric vehicles in the country, newspaper Cinco Dias reported on Monday citing unidentified sources at the Industry Ministry and the carmaker.
- 03/13/2023
|
Why Stellantis Stock Surged 15% in February
- Stellantis saw sales jumping 18% in the fourth quarter with EV sales surging 41% for the period. The automaker announced a $1.6 billion stock-buyback program and a $4.5 billion dividend distribution.
- 03/07/2023
|
7 Blue-Chip Stocks to Buy for Quality-Focused Investors
- When the game's on the line, sometimes you need to call up your most experienced players, which segues into this discussion of blue-chip stocks to buy. Any sports fan realizes that age comes for every athlete, including the great Tom Brady.
- 03/06/2023
|
Analysis: American carmakers muscle up on software, tech to keep horsepower wars going
- American carmakers will lean on technology to keep the horsepower wars going among their electric muscle cars, a tectonic shift from the big, rumbling motors of the past.
- 03/06/2023
|
Stellantis Has Electric Challenges In North America
- Stellantis is economically incentivized to take their time replacing ICE vehicles in North America. The battery efforts for North American BEVs may take longer than anticipated.
- 03/04/2023
|
Stellantis (STLA) Stock Pops on Analyst Upgrade
- Amid a solid performance on Wall Street as the 10-year yield fell back below 4%, the bulls took the opportunity to push global automaker Stellantis (NYSE: STLA ) above the major indices. Buoyed by an analyst upgrade, STLA stock popped over 2% on Friday, above the 1.4% return of the S&P 500.
- 03/03/2023
|
TNR Gold hails US$150M investment into Los Azules copper project by automaker Stellantis NV
- TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) said that it is seeing “significant developments” at the Los Azules copper project in Argentina operated by McEwen Mining Inc (TSX:MUX, NYSE:MUX). TNR holds a 0.4% net smelter returns royalty on the project, of which 0.04% of the 0.4% NSR Royalty is held on behalf of a shareholder.
- 03/02/2023
|
Is Stellantis Stock a Value Investor's Dream?
- Stellantis NV (NYSE: STLA) is the world's third largest automaker behind Toyota Motor Corp. (NYSE: TM) at number two and Volkswagen AG (OTCMKTS: VWAGY) at number one. The company was born from a merger between Fiat Chrysler and the French PSA Group in January 2021.
- 03/01/2023
|
Let's Talk About Stellantis' Bull Case (And Its 28% Dividend Raise)
- Stellantis' fundamentals are increasingly strong. Its margins are among the best in the industry and above those of its main peers.
- 02/28/2023
|
UAW leadership faces historic upheaval ahead of union negotiations with Detroit automakers
- The leadership shuffle follow a years-long federal investigation that uncovered systemic corruption involving bribery and embezzlement by top UAW leaders.
- 02/28/2023
|
The Top Guru Stock Picks of the 4th Quarter
- The fourth quarter of 2022 was the light at the end of the tunnel for equity markets as they recouped some of their losses from the rest of the year. The S&P 500 climbed 7.6% for the quarter to end the year with a loss of 18.11%, while the Nasdaq narrowed its loss to 0.8% for the quarter to end the year down 32.5% and the Dow Jones Industrial Average popped 15.3% for a full-year drawdown of just 8.7%.
- 02/27/2023
|
Automaker Stellantis makes a $155 million investment in McEwen Mining's copper project in Argentina
- (Kitco News) - Stellantis said it is acquiring a 14.2% equity stake in McEwen Copper, a subsidiary of Canadian mining company McEwen Mining, which owns the Los Azules project in Argentina.
- 02/27/2023
|
Stellantis CEO Tavares' 2022 pay fell 14% to $15.7 mln
- Stellantis CEO Carlos Tavares' 2022 pay fell 14% to 14.9 million euros ($15.71 million), the maker of Fiat, Ram and Peugeot vehicles said in a filing on Friday.
- 02/24/2023
|
3 Large Caps With Good Upside AND Big Dividend Yields
- Investors wanting to know how a stock or portfolio performs should look at total return. Total return refers to an investment's overall gain (or loss) during a given period.
- 02/23/2023
|
Jeep maker Stellantis to hand $4.5B to shareholders
- Stellantis and other car makers have had to contend with supply chain snags caused by the war in Ukraine and a surge in Covid-19 infections in China, a key car market.
- 02/22/2023
|
Stellantis (STLA) Stock Jumps on Share Buyback Plans
- Stellantis (NYSE: STLA ) stock is rising on Wednesday as investors react to news about the company's share buyback plan. A press release from the company reveals a €1.5 billion share buyback plan with the company intending to cancel the shares to acquire.
- 02/22/2023
|
Wondering Whether to Buy GM or Ford Stock? Try Stellantis.
- The rivalry between Detroit's two best-known companies is fun to watch, but shareholder returns are better at the company that owns Chrysler.
- 02/22/2023
|
Stellantis CEO Tavares on F1, EV Transition, Cost Cuts
- Stellantis CEO Carlos Tavares discusses the automaker's motorsport plans, transition to electric vehicle production, and cost-reduction efforts on "Bloomberg Surveillance.." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.
- 02/22/2023
|
Stellantis Earnings Top GM, Ford, and Even Tesla. The Stock Is Rising.
- Stellantis finished up 2022 stronger than expected. By some measures, the company had a better year than even Tesla
- 02/22/2023
|
Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders
- Stellantis is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.60 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in electric-vehicle sales.
- 02/22/2023
|
Stellantis to distribute $4.47 billion to shareholders after profit surge
- Stellantis NV STLAP, -1.64% is planning to distribute 4.2 billion euros ($4.47 billion) to shareholders after revenue and net profit surged in 2022, a year marked by a steep rise in electric vehicles sales.
- 02/22/2023
|
Auto giant Stellantis posts record annual profit, announces $4.47 billion buyback
- Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual jump in global battery and electric vehicle sales.
- 02/22/2023
|
Stellantis tops forecasts in H2, launches 1.5 bln euro share buy-back
- Carmaker Stellantis on Wednesday reported a forecast-beating 17% rise in operating profit in the second half of last year on a strong product and pricing mix, despite persistent issues with logistics and semiconductor supply.
- 02/22/2023
|
Earnings Previews: Baidu, Stellantis, TJX Companies
- U.S. bond and equity markets are closed Monday in observance of President's Day.
- 02/20/2023
|
Carmaker Stellantis upbeat about future of German brand Opel - magazine
- Franco-Italian carmaker Stellantis is upbeat about the outlook of its German subsidiary Opel which it believes will be able to keep operating as a separate brand, the company's Europe chief Uwe Hochgeschurtz told magazine Automobilwoche.
- 02/19/2023
|
Carmaker Stellantis to open software development hub in Poland
- Stellantis said on Wednesday it will open a new software development hub near a manufacturing plant in Poland, staffing it with up to 300 people in the south-western city of Gliwice.
- 02/15/2023
|
Stellantis: A Preview Of FY 2022 Results
- Stellantis is the fifth-largest automaker with 14 brands, with Europe as its largest market. Expect EPS for 2022 to be $5.60, boosted by revenue growth in China and India. Additionally, I expect margin expansion thanks to capturing a portion of the synergies.
- 02/15/2023
|
Stellantis' Ram is workshopping a mid-sized EV pickup truck
- Stellantis brand Ram has developed a mid-sized EV pickup truck concept and plans to show it off to dealers next month. The disclosure about the company's plans to shop the concept came up during an interview between Ram Mike Koval Jr. and Motor Trend.
- 02/14/2023
|
Kia's Super Bowl Binky Dad Spot Beats GM, Stellantis For Sparking Web Traffic
- If clicks tell the story, reaction to the four auto commercials airing during the Super Bowl ranged from meh to yeah with a devoted dad's wild ride to fetch his baby's binky sparking the most action on auto buying and research site Cars.com.
- 02/13/2023
|
3 Under-the-Radar Sectors That Can Make You Tons of Money
- To bears obsessed with “trees-in-the-forest” details like the yield-curve inversion, whether the Fed's benchmark rate will end up at 4.9% or 5.4%, and the S&P 500's price-earnings ratio, this seems like a horrible time to buy stocks. But actually, overlooked, bullish developments and huge, under-the-radar transformations have produced many sectors to invest in now that will produce huge profits down the road.
- 02/10/2023
|
Correction: Stellantis to Announce Full Year 2022 Results on February 22
- Stellantis to Announce Full Year 202 2 Results on February 22
- 02/03/2023
|
Stellantis: Great Business With Significant Potential Upside
- Stellantis is a combination of Italian Fiat and French PSA. The Group has double-digit market share in over 12 countries. We see headwinds derived from a deterioration in market conditions and a stagnation of sales in Europe and North America.
- 01/28/2023
|
7 Cream-of-the-Crop Stocks to Buy Today
- Investors are scurrying to find stocks to buy as the market stages a strong uptrend this year. Of course, people make money when prices go up.
- 01/25/2023
|
New Strong Buy Stocks for January 23rd
- GFI, AU, ETON, KMTUY and STLA have been added to the Zacks Rank #1 (Strong Buy) List on January 23, 2023.
- 01/23/2023
|
Best Value Stocks to Buy for January 23rd
- STLA, SPPJY and SKM made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 23, 2023.
- 01/23/2023
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/20/2023
|
Stellantis signs nickel supply agreement with Terraframe
- (Kitco News) - Beginning in 2025, Finland-based Terrafame will supply Stellantis with nickel sulphate over the five-year term of the agreement. The Terrafame agreement is a part of Stellantis' electrification strategy and will cover a significant portion of the needs for sustainable regionally-sourced nickel.
- 01/18/2023
|
Vulcan Energy, Stellantis to develop renewable energy assets in Germany
- Automaker Stellantis is set to invest in a geothermal energy project in Germany with lithium developer Vulcan Energy Resources to help power a manufacturing facility for electric vehicles, Vulcan said on Tuesday.
- 01/16/2023
|
2022 U.S. Auto Sales Fall to a Decade Low
- Severe supply chain snarls and tight inventories drag down U.S. light vehicle sales in 2022 to a decade low. Will the supply crunch morph into a demand slowdown in 2023?
- 01/09/2023
|
Best Value Stocks to Buy for January 9th
- OPRT, E and STLA made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 9, 2023.
- 01/09/2023
|
New Strong Buy Stocks for January 9th
- OPRT, STLA, RGA, CAG and CPB have been added to the Zacks Rank #1 (Strong Buy) List on January 9 , 2023.
- 01/09/2023
|
CES 2023: Stellantis plans to cut costs due to higher EV prices
- DETROIT — Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
- 01/05/2023
|
Stellantis CEO warns of more auto plant closures
- Chrysler parent Stellantis NV Chief Executive Officer Carlos Tavares said on Thursday that more auto plant closures will happen if high prices for electric vehicles cause vehicle markets to shrink from pre-pandemic levels.
- 01/05/2023
|
Carmaker Stellantis creates new data services business
- Carmaker Stellantis said on Thursday it was establishing a new business unit to help expand its data services business, part of its plans to boost revenue from software-related activities over the next decade.
- 01/05/2023
|
Stellantis launches new business unit to turn vehicle data into cash
- Stellantis is launching a new business unit dedicated to turning all that vehicle data into marketable products — and revenue.
- 01/05/2023
|
Stellantis CEO delivers a technology statement with a Ram truck
- Stellantis NV on Thursday unveiled a prototype of an electric Ram pickup at the CES technology show, part of the effort by Chief Executive Carlos Tavares to show that the French-Italian automaker is catching up with Tesla Inc and other rivals.
- 01/05/2023
|
Ram previews new electric pickup to rival Ford, Rivian and others
- The Stellantis truck brand revealed the Ram 1500 Revolution BEV concept ahead of a production model that's expected to be unveiled in the coming months.
- 01/05/2023
|
Stellantis' Free2move expands car-sharing and subscriptions in U.S.
- Free2move, the mobility service brand under automaker Stellantis, plans to expand its car sharing, rental and subscription services in the U.S. in 2023, with the ultimate goal of adding 200 new mobility markets globally by 2030, the company said at CES. Early this year, Free2move will launch all three services in Dallas and Pasadena.
- 01/05/2023
|
Stellantis beefs up commitment to electric flying vehicle company Archer Aviation
- Stellantis will help Archer manufacture its first electric flying vehicle model and invest up to $150 million in the start-up.
- 01/04/2023
|
Stellantis and Archer team up to manufacture electric aircraft
- CNBC's Phil LeBeau sits down with Stellantis CEO Carlos Tavares and Archer CEO Adam Goldstein to discuss their partnership to manufacture Archer's flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight.
- 01/04/2023
|
Stellantis to build U.S. firm Archer's air taxi
- Car maker Stellantis will help build Archer Aviation's electric aircraft Midnight eVTOL and increase its stake in the U.S. company, the two firms said on Wednesday.
- 01/04/2023
|
Stellantis to mass produce Archer's electric aircraft in expanded deal
- Global automaker Stellantis will mass produce an electric vehicle take-off and landing aircraft for Archer Aviation as part of an expanded partnership that includes giving the startup-turned-publicly traded company access to up to $150 million in additional capital over the next two years.
- 01/04/2023
|
Stellantis to Build Flying Taxis With Archer Aviation
- The global auto maker plans to help Archer build its first electric aircraft at a factory in Georgia.
- 01/04/2023
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/04/2023
|
Amazon And Stellantis: 2 Stocks I Will Buy More Of In 2023
- In this article I would like to explain my bull cases on two stocks I already own and that I am monitoring closely. In the first part of the article, I will show the most important aspects of my bull case on Amazon.
- 01/03/2023
|
Looking Back at the Top Auto Stories of 2022
- As we flip the calendar, here's a recap of the key stories and trends that made the biggest ripples in the auto industry this year.
- 12/30/2022
|
Stellantis in talks to buy 'substantial' stake in hydrogen mobility company Symbio
- Stellantis has entered exclusive talks with France's Faurecia and Michelin to buy a "substantial" stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said on Friday.
- 12/23/2022
|
Dodge, Chrysler maker confirms third death from exploding air bag
- Stellantis is urging people to stop driving Dodge Magnum wagons, Dodge Challenger and Charger muscle cars and Chrysler 300 sedans from the 2005 through 2010 model years.
- 12/19/2022
|
Chinese dealers seek compensation over Stellantis Jeep failure
- Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after the automaker stopped producing the brand in China, according to a letter signed by the dealers seen by Reuters.
- 12/14/2022
|
GM, Stellantis rank as worst automakers for fuel efficiency, even amid EV push, EPA says
- Both automakers decreased their fuel economy and increased C02 emissions since the 2016 model-year, as did Hyundai Motor, Mazda and Volkswagen.
- 12/12/2022
|
Stellantis to close Illinois auto factory in February, lay off 1,350 workers
- Auto manufacturer Stellantis announced Friday it is shutting down an assembly plant in Belvidere, Illinois, citing the high cost of making electric vehicles. The Belvidere plant, which makes the Jeep Cherokee SUV, employs about 1,350 workers who will be laid off when the facility is closed by the end of February.
- 12/12/2022
|
Automaker Stellantis lays off hundreds of American workers, blaming high cost of making electric cars
- Stellantis announced its decision to idle operations at an assembly plant in Belvedere, Illinois, next February, resulting in "indefinite layoffs" for workers.
- 12/10/2022
|
Jeep-maker Stellantis is blaming the higher cost of making EVs for having to halt production at an Illinois plant and laying off 1,350 workers
- Stellantis, which produces Jeep and Chrysler cars, said it would stall an Illinois plant due to the high cost of electrification in the auto market.
- 12/09/2022
|
Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs
- Stellantis said the plant, which produces the Jeep Cherokee SUV, will cease production as of Feb. 28.
- 12/09/2022
|
Auto Maker Stellantis to Stop Work at Factory In Illinois
- Car maker says it will stop operations in February at a 1,350-employee assembly plant where it makes Jeep Cherokee SUVs, resulting in ‘indefinite layoffs.'
- 12/09/2022
|
Stellantis (STLA) Partners Qinomic for Electric Retrofitting
- Stellantis (STLA) and Qinomic partner for sustainable electric retrofitting solutions for LCVs. STLA CEO will launch the Ram 1500 BEV Concept and Peugeot Inception Concept at the CES event in 2023.
- 12/05/2022
|
Stellantis' (STLA) Lancia Brand Launches Radical EV Design
- Stellantis (STLA) brand Lancia unveils a breakthrough futuristic demo EV model under its Renaissance strategy. The Pu+Ra Zero model provides a plush homely experience for passengers and drivers.
- 11/29/2022
|
Auto incentives rise amid busy holiday shopping season
- CNBC's Phil LeBeau joins 'Squawk Box' ahead of key November auto sales data to discuss the latest trend in this holiday shopping season.
- 11/28/2022
|
Who's next? Chinese EVs drive Stellantis' Jeep off the road
- The bankruptcy of Stellantis' Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over the last five years in the world's largest car market, as domestic players rapidly overtake.
- 11/28/2022
|
Stellantis to restructure European dealer network in July 2023
- Stellantis, the parent company to brands like Jeep, Dodge, Fiat, Maserati and Peugeot, said Thursday it would reorganize its European dealer networks in July 2023 in an effort to cut costs and support its investment into electrification.
- 11/24/2022
|
Stellantis to reorganise European dealer network from July 2023
- MILAN, Nov 24 (Reuters) - Franco-Italian carmaker Stellantis said on Thursday it would reorganise its European dealers' network in July next year, starting from Austria, Belgium, Luxembourg and the Netherlands.
- 11/24/2022
|
Stellantis looks to India for affordable EVs for Europe amid competition from China
- Fiat parent Stellantis has concluded it can't currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters.
- 11/24/2022
|
Should Value Investors Buy Stellantis (STLA) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/23/2022
|
7 Cheap Blue-Chip Stocks Under $15 to Buy Now
- Cheap blue-chip stocks under $15 can be rare finds. Typically since financially sound firms with recognizable names have histories of strong performance and often include dividends, their prices tend to be higher.
- 11/22/2022
|
Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in U.S
- Stellantis plans to “explore alternative business models,” such as subscriptions and car sharing, when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024, Fiat CEO Olivier Francois told TechCrunch at the 2022 Los Angeles Auto Show. The exec did not rule out limiting the 500e's U.S.
- 11/17/2022
|
Stellantis is bringing its new all-electric Fiat 500e to North America in early 2024
- Stellantis brand Fiat is coming back to the United States with its new all-electric 500e, a small urban vehicle that has been selling like hot cakes in Europe. The all-electric Fiat 500e is not like the original 500e, which was essentially a retro'd version of an internal combustion version of the same model.
- 11/17/2022
|
9 Best Value Stocks to Buy Now
- A roller-coaster year has sent a lot of deserving names into bargain territory. Here are nine value stocks for investors to consider as we head into 2023.
- 11/16/2022
|
Stellantis: High Efficiency And Profitability, Top Management, Big BEV Player
- Stellantis released its quarterly shipments and revenues. The newly available data hints that Stellantis marginality keeps on being high, well above its main competitors.
- 11/15/2022
|
Stellantis strikes deal with Infineon to secure silicon carbide chips
- Global carmaker Stellantis has signed a non-binding memorandum of understanding (MoU) with German chipmaker Infineon for a multi-year supply of silicon carbide semiconductors, Infineon said in a statement on Monday.
- 11/14/2022
|
Stellantis: Caution Is In Order
- Stellantis N.V. enjoys broad bullish support among analysts and has posted strong results thus far in 2022, including a 29% increase in sales in Q3 FY ‘22. An average of recent analyst price targets suggests there is a potential 35% upside in shares based on the November 11 close price of $14.87.
- 11/13/2022
|
Ford, GM and Chrysler Working Together? Electric Vehicles Make That Possible.
- Ford, GM and Chrysler parent Stellantis are looking to set up EV battery material capacity in North America, according to a report from Bloomberg.
- 11/11/2022
|
Stellantis to halt operations at Melfi plant in Italy for two days
- Stellantis will halt operations at its Melfi plant in southern Italy on Wednesday and Thursday due to a shortage of a component using microchips, a trade unionist said.
- 11/08/2022
|
Stellantis pauses paid ads on Twitter after Musk takes over
- Stellantis said on Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner Elon Musk.
- 11/07/2022
|
Saudis and Foxconn go in on EVs, Stellantis issues driver warning, Aldi cuts prices for Thanksgiving
- Yahoo Finance's Julie Hyman breaks down leading business headlines as Saudi Arabia and Foxconn team up for a joint EV venture, Stellantis issues a 'do not drive' warning for older Dodge and Chrysler vehicles, and Aldi rewinds Thanksgiving item prices to 2019 levels.
- 11/04/2022
|
Stellantis Urges Owners to Stop Driving Cars With Faulty Takata Airbags
- The automaker's stop-drive request encompasses some 276,000 vehicles.
- 11/03/2022
|
Jeep-maker Stellantis expects raw material inflation to ease next year
- The spiking costs of raw materials have been largely offset by record pricing of new vehicles. But as price increases slow, costs have yet to follow.
- 11/03/2022
|
Stellantis Q3 revenue hits 42.1 billion euros on higher volumes and strong pricing
- Stellantis NV STLA, -0.42% on Thursday confirmed full-year targets after revenue increased on higher volumes and strong pricing in the third quarter.
- 11/03/2022
|
Stellantis Q3 sales up 29% as better chip supplies lift shipments
- Sales at Stellantis rose 29% in the third quarter, helped by higher volumes amid improved semiconductor supplies, the world's fourth-largest carmaker said in a statement on Thursday.
- 11/03/2022
|
Stellantis Could Just Be The Most Undervalued OEM Car Manufacturer
- In my opinion, Stellantis could be the world's most undervalued and underappreciated carmaker. As of late October 2022, the stock is trading at a one-year forward P/E of about 2.3, a P/S of 0.25, and a P/B of 0.62.
- 11/02/2022
|
Stellantis China Jeep joint venture to file for bankruptcy
- A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy, the European carmaker said Monday, after its chief executive complained earlier this month political tensions with the West were affecting the business environment.
- 10/31/2022
|
Stellantis' joint venture in China is filing for bankruptcy
- Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy.
- 10/30/2022
|
Stellantis, China's GAC joint venture to file for bankruptcy
- Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy.
- 10/30/2022
|
Derek and Hannah Jeter sign multiyear deal with Jeep to promote Grand Wagoneer SUV
- A 60-second ad featuring the vehicle and couple was broadcast Friday night during a World Series game between the Houston Astros and the Philadelphia Phillies.
- 10/28/2022
|
Chrysler and Jeep parent Stellantis offering buyouts to some U.S. salaried employees
- To be eligible, employees must be at least 55 years old and have been with the company for 10 years or have 30 years of service and have a pension.
- 10/28/2022
|
Jeep-Owner Stellantis Offers Buyouts to U.S. Salaried Workers
- Stellantis, the global parent of Jeep, Chrysler and other auto brands, said it is offering voluntary buyouts to U.S. salaried employees as part of a restructuring to sharpen focus on new technologies and low-emissions vehicles.
- 10/28/2022
|
Italy unions agree to pursue 8.4% wage claim at Stellantis, Ferrari, Iveco, CNH
- Italian union delegates on Wednesday approved a proposal presented by their leaders to seek a wage rise of 8.4% for next year at Stellantis, Ferrari, Iveco and CNH Industrial, setting the scene for formal talks with the industrial groups.
- 10/19/2022
|
Stellantis (STLA) Exhibits Futuristic EVs at Paris Motor Show
- Stellantis (STLA) takes the Paris Motor Show by storm with its grand electrified offerings ranging from the Jeep, DS Automobiles to Peugeot brands. The line-up will benefit France's electric future.
- 10/18/2022
|
REUTERS EVENTS-Stellantis eyeing two more N. American battery plants by 2030
- Stellantis will need four electric-vehicle battery plants in North America by 2030, the company's North American chief operating officer said on Tuedsay.
- 10/18/2022
|
Stellantis CEO slams 'purely dogmatic' EU ban on combustion engine cars
- Stellantis CEO Carlos Tavares said political leaders should be "less dogmatic, more pragmatic" when it comes to planning Europe's transition to electric vehicles.
- 10/17/2022
|
Why Are EV Stocks Up Today?
- Several electric vehicle (EV) stocks are bouncing higher today on a slew of news out of the Paris Motor Show. Stocks of companies such as Rivian Automotive (NASDAQ: RIVN ), Lucid Group (NASDAQ: LCID ), and Fisker (NYSE: FSR ) are each up more than 3% today on reports of electric vehicle advances coming out of the Paris Motor Show.
- 10/17/2022
|
Stellantis debuts pure-electric Jeep, pledges new target on energy self-sufficiency
- Other Stellantis brands include Fiat, Chrysler and Citroen.
- 10/17/2022
|
Stellantis (STLA) Unveils Bold Plans for Sustainable Mobility
- Stellantis (STLA), through a series of announcements, is geared for a rapid transformation to an ambitious technology-defined sustainable mobility for the future.
- 10/13/2022
|
Stellantis: Electrifying Europe With North American Cash Flows
- Almost 2/3rds of Stellantis' 2021 adjusted operating income came from North America despite the fact that the region had less than 1/3rd of the unit sales. Global BEV sales for 1H22 were 136 thousand units - up 50% year-over-year from 91 thousand in 1H21.
- 10/12/2022
|
Stellantis opens software hub in India to support digital strategy
- Carmaker Stellantis said on Wednesday it had inaugurated a new software hub in Bengaluru, India, its second innovation centre in the country, focusing on cockpit and driver assistance technologies.
- 10/12/2022
|
Auto Biggies End Q3 on a Mixed Note, Q4 Prospects Gloomy
- While GM and F report a year-over-year increase in Q3 U.S. vehicle sales, TM, HMC and STLA witness declines. The outlook for the rest of 2022 is getting increasingly cloudy amid growing economic concerns.
- 10/11/2022
|
Auto giant Stellantis looks to Australian materials, including nickel, for its EVs
- A definitive feasibility study for the project in Western Australia is due to begin this month.
- 10/10/2022
|
Carmaker Stellantis strikes nickel, cobalt supply deal for battery production
- Stellantis on Monday announced it had signed a non-binding agreement with GME to secure raw material supplies, including nickel and cobalt sulphate, needed to produce electric vehicle batteries.
- 10/10/2022
|
Stellantis to halt production at Melfi plant in Italy next week, union says
- Stellantis will halt production next week at its key Melfi plant, in southern Italy, due to a semiconductor shortage affecting the supply of a specific component, the local head of UILM union Marco Lomio said on Friday.
- 10/07/2022
|
Auto dealers see uptick in buyers with auto loans of $1,000 a month
- CNBC's Phil LeBeau joins 'The Exchange' to discuss new data reporting peak auto payments of $1,000 a month, along with more consumers seeking out longer term auto loans.
- 10/05/2022
|
Will Dodge's Electric Muscle Car Satisfy Its Die-Hard Fans?
- Over the past decade, Dodge has dug deep into its performance car heritage and become a brand known for brash American muscle cars with supercharged V-8 engines and ridiculous amounts of horsepower. But tightening regulations, rising fuel prices and the rise of the SUV are putting the squeeze on Dodge's so-called “brotherhood of muscle.
- 10/02/2022
|
Stellantis boss expects chip supply to remain 'complicated' until end 2023
- The head of carmaker Stellantis , Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday in French newspaper Le Parisien.
- 10/02/2022
|
Citroen announces EV concept which uses recycled cardboard and has a top speed of 68 mph
- Citroen says vehicle has a target weight of roughly 1000 kilograms, or one metric ton.
- 09/29/2022
|
Stellantis: A Clear Buy At This Valuation
- Auto registration in Europe signed a plus 3.4% in August. This is the first light after 13 months of decline. Porsche's IPO could be the next catalyst to spin off Maserati - another jewel in the Stellantis family.
- 09/28/2022
|
Stellantis and Uber join forces on electric vehicles market in France
- Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market.
- 09/27/2022
|
3 Most Promising Car Stocks Following the 2022 Detroit Auto Show
- Today we will discuss three car stocks to buy as the North American International Auto Show returns to Detroit after a three-year absence. Although it was a smaller event than in previous years, Wall Street was eager to see which automakers were driving in the fast lane.
- 09/22/2022
|
Best Value Stocks to Buy for September 22nd
- CMRE, STLA and TRTN made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 22, 2022.
- 09/22/2022
|
New Strong Buy Stocks for September 22nd
- STLA, CMRE, TRTN, GWW, and CTS have been added to the Zacks Rank #1 (Strong Buy) List on September 22, 2022.
- 09/22/2022
|
Why Stellantis N.V. Shares Are Diving Following Ford News
- Stellantis NV (NYSE: STLA) shares are trading lower by 3.05% to $13.20 Tuesday morning in sympathy with peer automaker Ford Motor Company (NYSE: F) following the company's warning that part shortages will impact
- 09/20/2022
|
LMC Automotive forecasts demand erosion on the lower end, cuts sales rate forecast
- CNBC's Phil LeBeau joins 'Squawk Box' to report why auto sales could be in trouble, according to a new forecast from LMC Automotive.
- 09/19/2022
|
Stellantis and Renault halt Spanish assembly lines as chip shortage persists
- Carmakers Stellantis and Renault will partly halt their Spanish plants in the coming days and weeks as the lack of microchips persists, two union representatives told Reuters on Friday.
- 09/16/2022
|
Analyst discusses the 'supply-limited' auto market
- Tim Urquhart, principal automotive analyst at S&P Global Mobility, discusses European car sales and the semiconductor crisis.
- 09/16/2022
|
New Strong Buy Stocks for September 15th
- SRT, STLA, OROVY, ESEA, and CDNS have been added to the Zacks Rank #1 (Strong Buy) List on September 15, 2022.
- 09/15/2022
|
Stellantis Will Buy Out General Motors' Shares
- General Motors exercised warrants and entered the group with a 2.2% stake. Stellantis will create a new lobby after leaving ACEA.
- 09/14/2022
|
Stellantis announces plan for 25 pure EV models
- Stellantis CEO Carlos Tavares joins 'Squawk on the Street' to discuss plans to launch 25 pure EV models across their American brands, their strategy for developing reliable and accessible clean energy infrastructure, and their effort to be carbon neutral by 2038.
- 09/14/2022
|
Chrysler to end production of 300 sedan after rolling out limited edition V-8 model
- The 2023 Chrysler 300C will be powered by a 6.4-liter V-8 Hemi engine that produces 485 horsepower and 475 foot-pounds of torque.
- 09/13/2022
|
Stellantis (STLA) Strikes Deal to Address UAW Members' Concerns
- Stellantis (STLA) intervenes to resolve the deadlock with UAW members at the Indiana plant, who were on a 3-day strike on health and safety concerns. The two bodies arrive at a deal to resume work.
- 09/13/2022
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/13/2022
|
5 Best GARP Stocks Based on Discounted PEG Ratio
- Here are five stocks, STLA, SUZ, BIDU, TME and DK, which qualify our value-based screening criteria.
- 09/13/2022
|
New Strong Buy Stocks for September 13th
- KLBAY, STLA, PSX, UFPI, and CDNS have been added to the Zacks Rank #1 (Strong Buy) List on September 13, 2022.
- 09/13/2022
|
Work at Stellantis plant to resume after deal with UAW
- United Auto Workers union members who went on strike Saturday at a Stellantis casting plant in Indiana are returning to work after ratifying a deal with the company.
- 09/13/2022
|
Work at Stellantis plant to resume after UAW ratifies labor deal
- United Auto Workers union members who went on strike Saturday at a Stellantis casting plant in Indiana are returning to work after ratifying a deal with the company.
- 09/12/2022
|
Workers at Stellantis' Indiana plant go on strike
- Members of the United Auto Workers union walked out of Stellantis' Kokomo plant in Indiana on Saturday, citing health and safety concerns.
- 09/10/2022
|
Fully electric Jeep lineup announced for 2025
- The Jeep brand just announced plans to add 4 new fully-electric vehicles to its automotive lineup by 2025. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 09/08/2022
|
Jeep announces an all-electric Wrangler-inspired SUV as one of four new EVs by 2025
- The Recon – a "brother" to the Wrangler – and the electric Grand Wagoneer are expected to go into production and arrive in U.S. showrooms in 2024, Jeep said.
- 09/08/2022
|
Stellantis appoints Chris Taylor as chief digital information officer
- Stellantis on Wednesday said it had appointed IT veteran Chris Taylor as its chief digital information officer, a newly created position aimed at helping the world's No. 4 carmaker transform into a mobility tech company.
- 09/07/2022
|
Auto Biggies Bet Big to Augment North America's EV Supply Chain
- GM, F, HMC, TM and STLA, among others, are fast gearing up for North American battery production to capture the growing EV market and reduce their dependence on China.
- 08/30/2022
|
Stellantis to halt Italy van making plant until Saturday due to part shortage
- Stellantis will halt its Sevel van making plant in central Italy from Wednesday to Saturday due to a shortage in supplies of parts, a spokesman for the carmaker said on Tuesday.
- 08/30/2022
|
Understanding The Stellantis Bull Case: A Look At Its Profitability
- In this article, we go further in depth compared to two previous articles that focused on Stellantis' undervaluation. I will compare its profitability and efficiency to its legacy peers, outlining how the company is ahead of the group.
- 08/29/2022
|
How the New EV Tax Credit Law Could Impact Automakers
- Congress's passage of the $369 billion climate and tax package enacts a new round of $7,500 tax credits for EV buyers. But a tangle of requirements will reward some automakers while penalizing others.
- 08/28/2022
|
Stellantis plant in Sochaux halted over chip shortage
- Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.
- 08/25/2022
|
Output at Renault, Stellantis French plants to resume normally after summer break
- Poduction at Renault and Stellantis car plants in France - which had closed for the annual summer break - will resume in a more normal manner than at the end of August 2021, when chip shortages led to a series of production halts, spokespersons for both companies said.
- 08/22/2022
|
USTR allows liquidation of goods to resume at Stellantis Mexico plant -letter
- The U.S. Trade Representative (USTR) has lifted a suspension on the liquidation of goods from the Stellantis-owned auto parts plant Teksid Hierro de Mexico in the northern Mexico state of Coahuila, the USTR office said on Tuesday.
- 08/16/2022
|
Stellantis plans a profitable goodbye for combustion muscle cars
- Stellantis NV's Dodge brand plans to squeeze maximum profit from the farewell party for its petrol-burning Challenger and Charger muscle cars, which are scheduled to go out of production at the end of next year, the company said on Monday.
- 08/15/2022
|
Auto makers warn most electric vehicles won't qualify for federal tax credit
- DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
- 08/09/2022
|
Exclusive-Stellantis Mexico unit okays independent union; U.S. trade probe to end
- A Mexican unit of carmaker Stellantis expects to resolve a complaint from Washington in several days, it said after it agreed to recognize an independent union, a move workers attributed to U.S. pressure under a recent trade pact.
- 08/08/2022
|
Stellantis: Its Undervaluation Is Getting Harder And Harder To Justify
- Stellantis is undervalued by almost any metric. It is delivering best in class margins, with a strong net cash position and excellent cost management.
- 08/02/2022
|
Work at Stellantis' Melfi plant halted as logistic contractors strike -union
- Production at Stellantis' Melfi plant in southern Italy was halted on Tuesday due to a strike of the carmaker's logistics contractors, unions said in a joint statement.
- 08/02/2022
|
Fiat Chrysler to Pay Out $300 Million in Diesel Emissions Fraud Case
- The Stellantis unit was first accused of cheating regulations in 2017.
- 08/02/2022
|
Stellantis unit sentenced in U.S. diesel emissions probe, will pay $300 million
- The U.S. business of Fiat Chrysler Automobiles was sentenced Monday after it pleaded guilty in June to criminal conspiracy and will pay nearly $300 million to resolve a multi-year U.S. Justice Department diesel emissions fraud probe.
- 08/01/2022
|
4 Stocks Growing Free Cash Flow Fast
- Investors looking for opportunities to invest in U.S.-listed stocks may want to consider companies whose free cash flow has increased significantly in recent years, as these companies should have the flexibility to continue supporting the development of projects and returning cash to shareholders.
- 07/29/2022
|
Stellantis NV (STLA) CEO Carlos Tavares on Q2 2022 Results - Earnings Call Transcript
- Stellantis NV (NYSE:STLA ) Q2 2022 Earnings Conference Call July 28, 2022 6:30 AM ET Company Participants Andrea Bandinelli - Head of Investor Relations Carlos Tavares - Chief Executive Officer & Executive Director Richard Palmer - Chief Financial Officer Conference Call Participants Patrick Hummel - UBS Martino De Ambroggi - Equita Thomas Besson - Kepler Cheuvreux Michael Foundoukidis - ODDO Charles Coldicott - Redburn Operator Hello and welcome to Stellantis First Half 2022 Results. I'll now hand over to our host, Andrea Bandinelli, Head of Investor Relations, to begin today's conference.
- 07/28/2022
|
Stellantis posts record H1 results despite rising costs, chip headwinds
- Carmaker Stellantis on Thursday posted record results for the first half of the year despite headwinds including raw material inflation and semiconductor scarcity.
- 07/28/2022
|
3 indicators to watch for on Stellantis Q2 earnings day
- Compared to this year's drumbeat of announcements from car companies touting future battery-electric models, Stellantis has remained quiet, focusing on plug-in hybrids instead.
- 07/27/2022
|
US opens 5 probes into Jeep Cherokee, other vehicles over stalling issues
- Jeep Cherokee and Chrysler Pacifica plug-in hybrids are among the vehicles under investigation.
- 07/26/2022
|
U.S. opens new safety probes into Stellantis, GM, Ford vehicles
- The U.S. auto safety agency said Tuesday it was opening five investigations into more than 1.8 million Stellantis, Ford Motor and General Motors vehicles over stalling and other issues.
- 07/26/2022
|
Stellantis announces termination of jeep venture with China's GAC
- Stellantis on Monday announced the "orderly termination" of its joint venture with Chinese partner GAC, which has been producing Jeep vehicles since 2010, but has been making losses in recent years.
- 07/18/2022
|
Stellantis: Superb Car Company, Somewhat Problematic
- A reader has asked me for a long time to take a look at Stellantis – this is what I'll do in this article, establishing a fundamental thesis. Car manufacturers are problematic in this environment. Cyclicality, input cost inflation, labor costs and supply chain issues as well as battery tech.
- 07/12/2022
|
Could Stellantis Stealthily Be The Fourth Most Valuable Auto Manufacturer?
- On Book Value / Share ($20.31) & Cash / Share ($17.66) alone, Stellantis' current price ($11.71) suggests taking serious consideration. The firm has a very strong base financial health, its obligations structure is in good standing, and has a significantly brighter outlook than its competitors.
- 07/08/2022
|
Stellantis, unions agree further 1,820 voluntary exits in Italy
- Carmaker Stellantis and unions on Thursday signed an agreement to cut up to 1,820 more workers from the group's Italian operations this year through voluntary redundancies, workers' representatives said.
- 07/07/2022
|
US Auto Sales Continue Downhill Ride: Will 2H22 Be Any Better?
- After a difficult Q1, auto sales slump again during April-June 2022 as parts shortage hobbles output. Cox Automotive lowers full-year US new-vehicle sales forecast amid inventory challenges.
- 07/07/2022
|
Stellantis (STLA) Q2 Deliveries Down Y/Y, Chip Crisis Hurts Output
- Stellantis' (STLA) Q2 vehicle deliveries decline 16% year over year. The union report by the FIOM indicates that Stellantis' output could shrink by as much as 220,000 vehicles in 2022.
- 07/06/2022
|
Damning Union Report Sinks Stellantis Stock
- Stellantis NV (NYSE:STLA) just shared its vehicle sales for the first half of 2022, which saw a 14% drop from a year ago.
- 07/05/2022
|
Chrysler Parent Stellantis Needs Chips. The Shortage Is Still Hurting the Auto Industry.
- An Italian labor union has given investors in Chrysler parent company Stellantis a jolt, warning that 200,000 units would be lost this year to the continuing semiconductor shortage.
- 07/05/2022
|
Why Stellantis Shares Are Sliding Today
- Stellantis NV (NYSE: STLA) could lose 220,000 vehicles in 2022 as lost output due to the semiconductor supply crunch, Reuters reported, citing the Italy-based FIM CISL union. The union also added that the 2022 drop would mark the fifth consecutive year of production decline in Italy.
- 07/05/2022
|
Chip crunch to cut Stellantis' Italy 2022 output by up to 220,000 vehicles -union
- A global crunch in semiconductor supply could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy, the FIM CISL union said, adding this would mark the fifth year in a row of declining production in the country.
- 07/04/2022
|
The 5 Best Car Stocks for the Second Half
- Car stocks had a tough second quarter, falling more than the market. Several look attractive now, based on analyst price targets.
- 07/03/2022
|
It's All About Capacity In The Truck Market
- Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022.
- 07/01/2022
|
Stellantis' French diesel engine plant to get EV motor boost
- TREMERY (Reuters) -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world's largest diesel engine plant, to account for 50% of the facility's capacity by 2024.
- 06/29/2022
|
Stellantis production stoppages in France linked to Continental, sources say
- PARIS (Reuters) -Production stoppages at two Stellantis auto plants in France stem from shortages in components from German supplier Continental, two sources close to Stellantis said on Friday.
- 06/24/2022
|
Automaker Stellantis to become substantial shareholder in lithium developer Vulcan Energy
- (Kitco News) - Lithium developer Vulcan Energy (ASX: VUL) announced today it has agreed a €50 million (A$76 million) equity investment from Stellantis (NYSE: MTA), one of the world's leading automakers.
- 06/23/2022
|
3 Top Value Stocks to Buy Right Now
- There's nothing boring about buying shares of great companies at rock-bottom valuations.
- 06/23/2022
|
Stellantis halts production at Rennes plant due to chip shortage
- Carmaker Stellantis will halt production at its Rennes-La Janais Citroen plant in Brittany July 3 due to a chip shortage, a spokesperson told Reuters on Wednesday, confirming French media reports.
- 06/22/2022
|
Auto industry CEOs urge Congress to quickly pass chips funding
- Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
- 06/22/2022
|
Stellantis looks beyond SUV era with new Peugeot 408
- Peugeot, one of Stellantis' French brands, unveiled its new 408 model on Wednesday, betting the "fastback" sedan will attract motorists suffering from sports-utility vehicle (SUV) fatigue.
- 06/21/2022
|
Detroit Three automakers to make masking optional at U.S. plants
- General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Tuesday they are making masking optional at all U.S. facilities.
- 06/21/2022
|
Stellantis plans layoffs at Sterling Heights stamping plant in U.S.
- Automaker Stellantis NV said on Tuesday it will begin an indefinite layoff starting next week at its Sterling Heights stamping plant in Michigan.
- 06/14/2022
|
Auto Biggies Call for Removal of Federal EV Tax Credit Cap
- CEOs of Ford (F), General Motors (GM), Toyota (TM) and Stellantis (STLA) request the Congress to lift the EV tax credit cap until the e-mobility market gets mature.
- 06/14/2022
|
Automotive CEOs: Congress Controls a Key Catalyst for EV Stocks
- Automotive CEOs from four major EV stocks have penned a letter to Congress, asking them to extend the limit for electric vehicle credits. The post Automotive CEOs: Congress Controls a Key Catalyst for EV Stocks appeared first on InvestorPlace.
- 06/13/2022
|
Stellantis to leave ACEA auto manufacturers association by year-end
- Stellantis said on Monday it would leave the European carmaker association ACEA by the end of 2022 as part of a new approach to addressing issues and challenges of future mobility, including a shift away from traditional lobbying activity.
- 06/13/2022
|
CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
- The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.
- 06/13/2022
|
Auto inventories should improve over next 6 to 12 months, says former Ford CEO
- Mark Fields, former Ford CEO and president, joins CNBC's 'Squawk Box' to discuss supply chain problems hitting the auto industry, the price of gas and more. "In the next 6 to 12 months, you're going to continue to see the auto industry improve the supply chain and microchip issues," Fields tells CNBC.
- 06/07/2022
|
Stellantis Is Swimming In Cash
- Stellantis is one of the major automakers and is currently the most interesting buy. It is priced as if it were to disappear in a few years, while it is actually growing and expanding its profitability above industry's average.
- 06/06/2022
|
U.S. files labor complaint against Stellantis parts plant in Mexico
- The U.S. government on Monday asked Mexico to review whether workers at an auto parts plant owned by Italian-French carmaker Stellantis were denied their rights under the terms of the North American trade agreement.
- 06/06/2022
|
Stellantis (STLA) Inks Deal With CTR for Lithium Hydroxide Supply
- Stellantis (STLA) and Controlled Thermal Resources partner for lithium hydroxide from CTR for STLA's BEVs to aim for sustainability.
- 06/06/2022
|
Stellantis vs. Ford: Which Is a Better Buy?
- The Jeep manufacturer and the F-150 maker both look like interesting opportunities going forward.
- 06/05/2022
|
I Like Stellantis, But Be Wary Of The 7% Dividend Yield
- STLA currently sports a dividend yield over 7% while the firm itself appears to be valued attractively. Yet, inflation and other pressures may signal tough times ahead for the firm in its two largest markets, North American and Enlarged Europe, which produced ~85% of FY '21 sales.
- 06/04/2022
|
Stellantis unit pleads guilty in U.S. diesel emissions probe
- The U.S. business of Fiat Chrysler Automobiles pleaded guilty to criminal conspiracy on Friday in U.S. District Court in Detroit in a plea agreement to resolve a multi-year Justice Department diesel emissions fraud probe, a court spokesman said.
- 06/03/2022
|
Stellantis vs. GM: Which Is a Better Buy?
- Shares of these two auto giants look inexpensive as they continue to launch compelling vehicles.
- 06/03/2022
|
Automaker Stellantis signs lithium offtake with California-focused producer Controlled Thermal Resources
- (Kitco News) - Stellantis (NYSE: MTA), one of the world's leading automakers, said today it has signed a binding offtake agreement with Controlled Thermal Resources (CTR) for CTR to supply battery grade lithium hydroxide for use in Stellantis' North American electrified vehicle production.
- 06/02/2022
|
U.S. charges Stellantis unit in diesel emissions probe
- The Justice Department on Thursday charged the U.S. business of Fiat Chrysler Automobiles with criminal conspiracy in its multi-year emissions fraud probe surrounding vehicles with diesel engines.
- 06/02/2022
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/02/2022
|
Stellantis (STLA), Toyota Motor Europe to Bolster LCV Partnership
- Stellantis (STLA) together with Toyota Motor Europe will expand their ties through an agreement over a new large LCV. The pact will solidify EV efforts for both.
- 06/02/2022
|
Stellantis secures lithium supply from California for EV batteries
- Stellantis NV has secured lithium essential for its electric vehicle production in North America from a project in California, as carmakers worldwide scramble to secure supply of the battery metal key to the electric vehicle revolution.
- 06/02/2022
|
STLA or POAHY: Which Is the Better Value Stock Right Now?
- STLA vs. POAHY: Which Stock Is the Better Value Option?
- 06/01/2022
|
Tesla vs. Stellantis: Which Is a Better Investment Now?
- Could an unexpected challenger outperform Tesla going forward?
- 06/01/2022
|
Stellantis to halt Italy's key Melfi plant next week due to chip shortage
- Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing shortages of various parts, including semiconductors.
- 06/01/2022
|
7 Undervalued Stocks to Buy After the Selloff
- The 7 undervalued stocks to buy after the selloff present great investment opportunities for patient investors now. The post 7 Undervalued Stocks to Buy After the Selloff appeared first on InvestorPlace.
- 05/30/2022
|
Stellantis and Toyota to expand partnership with large commercial van
- Stellantis said on Monday it would expand its partnership with Toyota Motor Europe (TME) with a new large commercial van, including an electric version.
- 05/30/2022
|
4 Reasons Stellantis Looks Like a Long-Term Buy
- The global auto giant looks like a compelling investment for the decade ahead.
- 05/28/2022
|
U.S. weighs labor probe into Stellantis Mexico plant, Mexican officials say
- The U.S. government is considering filing a trade deal complaint over alleged labor abuses against a car parts plant in Mexico owned by Netherlands-based Stellantis, two Mexican labor officials told Reuters.
- 05/27/2022
|
Volkswagen (VWAGY), Stellantis (STLA) to Pay Hefty Settlement Fees
- Volkswagen (VWAGY) and Stellantis (STLA) announce that they will pay settlement fines of $242 million and $300 million, respectively, over emission scandals.
- 05/26/2022
|
Stellantis (STLA) & Samsung Form a JV for $2.5B Battery Plant
- This announcement is part of Stellantis' (STLA) broader pledge to spend $35.5 billion in EVs and related technology through 2025.
- 05/26/2022
|
Stellantis: Highly Underappreciated Auto OEM Powerhouse
- Stellantis is a leading car company from Europe. The company was established through the merger of PSA and FCA in 2020. Stellantis is the fourth-largest global automotive OEM, with approximately 7 million cars sold annually.
- 05/26/2022
|
Jeep parent company Stellantis will reportedly plead guilty to emissions fraud
- The world's fifth-largest automaker will reportedly soon plead guilty to end a multi-year investigation into its efforts to conceal the amount of pollution created by its diesel engines.
- 05/25/2022
|
Palantir Technologies (PLTR) Signs Global Enterprise Deal With Stellantis (STLA)
- Palantir Technologies Inc. (NYSE: PLTR) announced a partnership with one of the world's leading automakers and mobility providers Stellantis N.V. (NYSE: STLA).
- 05/25/2022
|
Exclusive-Stellantis unit FCA reaches plea deal in U.S. emissions probe -sources
- The U.S. business of Fiat Chrysler Automobiles has agreed to plead guilty to criminal conduct and pay roughly $300 million in penalties to resolve a multi-year emissions fraud probe surrounding vehicles with diesel engines, people familiar with the matter said.
- 05/25/2022
|
Stellantis and Samsung SDI Will Build EV Batteries at a New Indiana Plant
- The plant is slated to come online in 2025.
- 05/24/2022
|
Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
- Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.
- 05/24/2022
|
Stellantis, Samsung SDI To Build EV Battery Manufacturing Facility - Read More For Details
- Stellantis NV (NYSE: STLA) and Samsung SDI have signed a binding, definitive agreement to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. The joint venture will invest more than $2.5 billion (€2.3 billion) and create 1,400 new jobs in.
- 05/24/2022
|
Stellantis offers some Serbian workers two years abroad or redundancy
- Stellantis has offered some workers at its plant in Serbia a choice between moving abroad for two years to re-train in electric car production, or taking redundancy, it said on Tuesday.
- 05/24/2022
|
Stellantis to build new battery plant in Indiana
- Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana.
- 05/24/2022
|
Stellantis, Samsung SDI to build $2.5 billion Indiana JV battery plant
- Stellantis NV and Samsung SDI said on Tuesday they will invest more than $2.5 billion to build a new joint venture battery plant in Kokomo, Indiana as the Chrysler-parent ramps up electric vehicle production plans.
- 05/24/2022
|
Jeep maker Stellantis to build $2.5 billion EV battery plant in Indiana
- Stellantis plans to invest more than $2.5 billion with Samsung SDI to build the automaker's first U.S. electric vehicle battery manufacturing facility.
- 05/24/2022
|
Stellantis (STLA) Puts Bold Foot Forward in the EV Space
- Stellantis' (STLA) plans for battery plants in the United States and Canada promise it a big boost in the electrification domain with a target investment of $35 billion through 2025.
- 05/24/2022
|
Stellantis, Samsung SDI to build new JV battery plant in Indiana - sources
- Stellantis NV and Samsung SDI plan to announce on Tuesday they will build a new battery plant in Indiana as the Chrysler-parent ramps up electric vehicle production plans.
- 05/23/2022
|
Stellantis to start reshuffle of dealer network from Austria, Belgium, Netherlands
- Stellantis will start a reshuffle of its European dealers' network next year from Austria, Belgium and the Netherlands, and its van and premium brands in all markets, its regional sales chief said on Wednesday.
- 05/18/2022
|
Stellantis sees India as profitable auto growth market amid challenges in China, Russia
- Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and Russia.
- 05/18/2022
|
7 Blue-Chip Stocks to Buy Right Now
- These blue-chip stocks to buy have a constructive outlook, low valuation and deliver moderate-to-high dividend yields. The post 7 Blue-Chip Stocks to Buy Right Now appeared first on InvestorPlace.
- 05/17/2022
|
STLA vs. POAHY: Which Stock Is the Better Value Option?
- STLA vs. POAHY: Which Stock Is the Better Value Option?
- 05/16/2022
|
Stellantis: Dare Forward 2030
- Dare Forward 2030 plan analysis. Despite the enviroment, pretty positive Q1 results.
- 05/10/2022
|
Why This Analyst Now Sees These 4 Automakers as Poised for Turnaround
- Markets were crushed on Monday but making a handy recovery in Tuesday's session.
- 05/10/2022
|
Top Electric Vehicle Stocks To Buy Today? 4 To Know
- Should investors buy these EV stocks today?
- 05/09/2022
|
Stellantis says Q1 sales rose 12% on strong pricing and vehicle mix
- Carmaker Stellantis said on Thursday its sales rose 12% in the first quarter of this year supported by strong pricing and vehicle mix, but also by favourable exchange rate effects.
- 05/05/2022
|
BMW, Mercedes-Benz to sell car-sharing joint venture to Stellantis
- BMW and Mercedes-Benz are selling their car-sharing joint venture Share Now to Stellantis for an undisclosed sum, they said on Tuesday, instead focusing on the more promising software leg of their mobility alliance.
- 05/03/2022
|
Stellantis, Trudeau invest $2.8 billion to boost EV production in Canada
- Stellantis will spend $2.8 billion (CAD $3.6 billion) to increase production of electric vehicles at two of its Canadian plants, the company said on Monday. The funding is a portion of the $35.5 billion Stellantis dedicated to electric vehicles and new software over the next year in its push to move away from internal combustion […]
- 05/02/2022
|
Stellantis, unions agree further 480 voluntary exits in Italy
- Carmaker Stellantis has agreed with unions it will cut 480 jobs this year at its Mifariori facility in Turin through voluntary redundancies, Italy's FIM-CISL union said on Monday.
- 05/02/2022
|
Chrysler-parent Stellantis plans $2.8 billion overhaul of two Canadian factories to build EVs
- Two Canadian factories that build Chrysler's minivans and Dodge's muscle cars will be retooled for EVs
- 05/02/2022
|
Stellantis to boost EV plants with C$3.6bln investment
- Stellantis N.V. will spend up to C$3.6 billion ($2.8 billion) to boost production of electric vehicles at its Windsor and Brampton, Ontario, facilities, the automaker said on Monday.
- 05/02/2022
|
Stellantis' Tavares sees chip supply still very short this year
- The head of carmaker Stellantis said on Friday he did not see an improvement in the semiconductor supply chain before next year.
- 04/29/2022
|
Serbia inks $200 million deal with Stellantis to produce electric cars
- Serbia on Thursday signed a 190 million euro ($199.67 million) deal with Franco-Italian car maker Stellantis for the production of an electric vehicle at its car manufacturing plant in Kragujevac.
- 04/28/2022
|
Stellantis' Citroen draws the curtain on 30 years of minivans
- Stellantis' Citroen announced on Thursday the end of its C4 Grand SpaceTourer model, drawing a line under 30 years of minivans that embodied the brand's family image now overshadowed by SUVs.
- 04/21/2022
|
3 Jeep concepts that Stellantis should probably bring into production
- Every year Jeep heads out to Moab, Utah for Easter Jeep Safari, an off-roading-trail-meets-ogle-all-the-sweet-4×4-candy event that attracts thousands of people. While Jeep isn't in charge of the nine-day event — Moab's Red Rock 4-Wheelers is the official host — the company does use the annual gathering to showcase a handful of concept vehicles that give […]
- 04/20/2022
|
Stellantis says it is suspending car production in Russia
- (Reuters) -Carmaker Stellantis, which produced and sold the Peugeot, Citroёn, Opel, Jeep, and Fiat brands in Russia, said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.
- 04/19/2022
|
France's Macron, Le Pen call Stellantis CEO's pay package "shocking"
- French President Emmanuel Macron and his far-right challenger Marine Le Pen on Friday called the pay package of Franco-Italian carmaker Stellantis' CEO "shocking" with excessive executive pay now a hot topic in France's tight-run presidential election.
- 04/15/2022
|
3 Undervalued Easter Eggs to Watch For This Earnings Season
- Based on what analysts are saying, it's reasonable to expect that the outlook for these three undervalued companies will be strong
- 04/15/2022
|
Chrysler reveals its 400-mile range ‘alter ego' Airflow EV crossover
- Chrysler unveiled this week at the New York International Auto Show its Airflow Graphite Concept SUV, an all-electric crossover with 22-inch wheels, a sleek silhouette and automated driving features that gives a possible window to the automaker's future. The SUV will deliver up to 400 miles of range on a fully charged battery and come […]
- 04/14/2022
|
Automaker Stellantis to use Qualcomm tech in its vehicles
- Automaker Stellantis has signed a multiyear deal to use Qualcomm's next-generation connected-car technology in its vehicle lineup, the companies said on Thursday.
- 04/14/2022
|
Stellantis confirms 2022 margin guidance, sees strong U.S. sales
- Carmaker Stellantis on Wednesday confirmed its forecast for double-digit operating income margin for 2022 and said its expected sales in North America, especially in its highly profitable U.S. business, should rise 3%.
- 04/13/2022
|
Stellantis reshuffles Chinese financing business in deal with Dongfeng
- Stellantis said on Wednesday it would sell its entire stake in an auto financing joint venture with Dongfeng to the Chinese car maker and consolidate its own financial services in China into a new structure it fully owns.
- 04/13/2022
|
Mitsubishi halts production at Russian plant it co-runs with Stellantis
- (Reuters) -Japanese automaker Mitsubishi Motors said on Friday it had stopped production at a Russian van plant in Kaluga that it owns with Stellantis until further notice, joining other major carmakers that have halted operations in Russia.
- 04/08/2022
|
CMA CGM buys auto logistics firm Gefco as Russia's RZD, Stellantis exit
- French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously co-owned by Russian Railways (RZD) and carmaker Stellantis.
- 04/08/2022
|
Production from Stellantis Italy plants to fall for fifth year due to chip crisis-union
- Vehicle production from sites owned in Italy by Stellantis and previously its predecessor Fiat Chrysler is set to fall for a fifth consecutive year in 2022 due to the microchip supply crunch, the FIM CISL union said on Wednesday.
- 04/06/2022
|
Feds probing electric car batteries after spate of recalls
- The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea.
- 04/05/2022
|
Do Dismal Q1 Sales Hint at Rough 2022 for U.S. Auto Market?
- Most of the major auto biggies post a double-digit decline in U.S. sales volumes for Q1. New COVID-19 variants and the Ukraine-Russia war are set to make the supply chain more vulnerable and continue to hurt sales in the near term.
- 04/04/2022
|
Stellantis robotics unit Comau picks Gorlier as CEO
- Comau, the robotics unit of carmaker Stellantis, and previously part of Fiat Chrysler, has appointed Pietro Gorlier as its chief executive officer, effective April 1, the company said on Saturday.
- 04/02/2022
|
Stellantis' Russian van plant running short on parts
- A Stellantis van plant in Russia will have to close shortly as it is running out of parts, the company's chief executive Carlos Tavares said on Thursday.
- 03/31/2022
|
5 Electric Vehicle Stocks To Watch In April 2022
- Could EV stocks make for a viable play in the stock market this week?
- 03/28/2022
|
Stellantis: The Creation Of An Automotive Giant
- Stellantis: The Creation Of An Automotive Giant
- 03/26/2022
|
Stellantis, LG Energy Solution to invest $4.1 billion in Canadian EV battery plant
- The new plant is part of the automaker's plans to accelerate its EV investment to achieve sales of 5 million EVs globally by 2030.
- 03/23/2022
|
LG Energy Solution to set up EV battery JV with Stellantis in Canada
- South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Canada.
- 03/23/2022
|
Stellantis, Mercedes-Benz, TotalEnergies jv to invest in battery plant in Italy
- Automotive Cells Company (ACC), a joint venture Stellantis has with Mercedes-Benz and TotalEenergies, said on Wednesday it plans to invest in Italy to build a battery plant.
- 03/23/2022
|
Maserati reveals all-electric Grecale SUV coming to market in 2023
- Maserati unveiled Tuesday a prototype of its first all-electric vehicle, a midsized crossover called the Grecale that marks the next step in its plan to go fully electric by 2030. The Grecale is slated to debut in two flavors: gas and electric.
- 03/22/2022
|
Maserati unveils new SUV Grecale, full electric version expected next year
- Maserati took the wraps off its new Grecale sports utility vehicle (SUV) on Tuesday, marking another step in the promised expansion of the automaker's range as part of a turnaround strategy.
- 03/22/2022
|
Stellantis Is Even Cheaper - And More Profitable - Than You Think
- Stellantis has been operating at a very high level post-merger, increasing both market share and profitability.
- 03/21/2022
|
Stellantis to slow work at Italy's Melfi plant as chips run short
- A worsening in microchip supply conditions triggered by Russia's invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi plant in Italy next month, trade unions said on Tuesday.
- 03/15/2022
|
Tavares confident that Stellantis can catch up with Tesla
- Stellantis should be able to catch up with electric vehicle pioneer Tesla in the coming years, its chief executive Carlos Tavares said on Friday, adding that competition would benefit consumers.
- 03/11/2022
|
Stellantis to extend Fiat Panda production in Italy until 2026 -unions
- Stellantis will produce its best-selling Fiat Panda small car at its Pomigliano plant in southern Italy until 2026, metal workers unions said on Thursday after the carmaker met workers' representatives.
- 03/10/2022
|
Automakers concerned about rising metal prices as nickel price spikes 250%
- # The London Metal Exchange halted nickel trading after the metal price surged 250%. Yahoo Finance's Pras Subramanian joins Yahoo Finance to discuss the impact of rising metal prices on the auto industry.
- 03/08/2022
|
4 Low Price-Book Ratio Stocks
- Screening for stocks with market caps over $10 billion and price-book ratios under 1.5 could provide a good starting place to value investors as they seek to spot opportunities amid the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the criteria above and are recommended by Wall Street.
- 03/06/2022
|
Stellantis CEO: Halting Russia business hurts workers, not Putin
- Stellantis, the maker of Dodge and Jeep vehicles, has a factory in Russia. But it has not announced plans to pull out the country in the face of Russia's invasion of Ukraine, unlike some other companies. Chief executive Carlos Tavares said he feels that doing so would only harm the wrong people.
- 03/04/2022
|
Stellantis weighs producing ethanol hybrid vehicle in Brazil
- Stellantis is considering the production and sale of a hybrid vehicle powered by electricity and ethanol in Brazil by 2025, and plans to launch a new brand in the country this year, the company's chief operating officer for South America said on Friday.
- 03/04/2022
|
Stellantis' (STLA) Bold Future Plan Set to Churn Out Big Gains
- Stellantis (STLA) launches Dare Forward 2030 strategic plan to bolster its transition to carbon-neutral vehicles by 2038. It also aims to add $335 billion in annual revenues by 2030.
- 03/02/2022
|
How Stellantis plans to double revenue, electrify lineup, by 2030
- Stellantis, the automaker that owns Fiat, Chrysler, Dodge, Ram, Jeep, Peugeot, Maserati and more, is rolling out a new plan that will help it become carbon net zero by 2038, with 50% reduction by 2030. At the same time, the automaker plans to double net revenues to $335 billion a year by 2030 and maintain […]
- 03/01/2022
|
Jeep reveals its first fully electric SUV launching in 2023
- Would an electric Jeep get you to ditch fossil fuels? In 2024, Jeep will launch an electric off-road vehicle and family SUV.
- 03/01/2022
|
We need to absorb additional costs through a strong focus on cost reduction, says Stellantis CEO
- Carlos Tavares, Stellantis CEO, joins 'Squawk on the Street' to discuss the status of Stellantis' staff in Ukraine, pressures around sanctions against Russia, why Tavares has decided to keep its Ukraine plant running and more.
- 03/01/2022
|
Jeep, Dodge maker Stellantis aims to double revenue to $335 billion by 2030
- The automaker plans to do this while sustaining a double-digit operating profit margin as it largely moves to all-electric vehicles.
- 03/01/2022
|
Stellantis aims to double revenue to 300 billion euros by 2030
- Stellantis said on Tuesday that it aims to double its net revenues to 300 billion euros ($335 billion) by 2030, while maintaining double-digit adjusted operating margins as it manages the shift to zero-emission vehicles.
- 03/01/2022
|
Stellantis sets up task force to monitor sanctions, staff in Ukraine crisis - CEO
- The head of Stellantis said it had set up a task force to conform with any sanctions and monitor its staff in Ukraine, hours before the world's No.4 carmaker presents its strategic plan for the next few years.
- 03/01/2022
|
New Strong Buy Stocks for February 28th
- AGCO, ESEA, PANL, PLAB and STLA have been added to the Zacks Rank #1 (Strong Buy) List on February 28, 2022.
- 02/28/2022
|
Stellantis jumps after the earnings beat. Will it maintain gains?
- Shares of Stellantis N.V. (LON:0QXR) rose up to 6.58% on Wednesday after the company reported a 13.4 billion euros profit in 2021.
- 02/23/2022
|
Stellantis NV (STLA) CEO Carlos Tavares on Q4 2021 Results - Earnings Call Transcript
- Stellantis NV (STLA) CEO Carlos Tavares on Q4 2021 Results - Earnings Call Transcript
- 02/23/2022
|
Stellantis CEO: ‘we're well-positioned to deliver strong performance'
- Stellantis NV (NYSE: STLA) is up 6.0% in the stock market on Wednesday after the company reported solid results for its fiscal 2021 that handily beat Wall Street expectations. Stellantis' net profit nearly tripled Stellantis said its full-year net profit printed at €13.4 billion ($15 billion).
- 02/23/2022
|
Europe, U.S. Levy Range of Financial Sanctions Against Russia
- U.S. stocks rise a day after the S&P 500 hit correction territory, while European stocks gain as Putin says diplomacy is still an option.
- 02/23/2022
|
Stellantis operating profit margin tops target in first year
- MILAN (Reuters) -Stellantis said the margin on its adjusted operating profit climbed to 11.8% in its debut year, above its target of around 10%, thanks to strong execution on synergies, which generated around 3.2 billion euros ($3.6 billion) in net cash benefits.
- 02/23/2022
|
From Tesla to Jeep: The end of 3G networks is a problem for millions of car owners
- Millions of vehicles will lose some emergency and convenience features as AT&T and other carriers discontinue their 3G networks.
- 02/22/2022
|
5 Undervalued Stocks to Buy Before March
- These five undervalued stocks have the potential to offer investors some nice growth in the near future. They all have solid financials.
- 02/15/2022
|
Stellantis Steals The Volkswagen Group's European Sales Crown
- The global semiconductor crisis has done what even the $30 billion Dieselgate crisis couldn't do – unseat the Volkswagen Group from its Number One throne in Europe.
- 02/14/2022
|
Deal on Stellantis battery plant will be signed in days, Italian minister says
- An agreement between the Rome government and Stellantis for the carmaker's planned battery plant in Termoli, southern Italy, will be signed shortly, Industry Minister Giancarlo Giorgetti was quoted as saying on Sunday.
- 02/13/2022
|
Stellantis recalling nearly 20,000 plug-in minivans for fire risks
- Chrysler parent Stellantis is recalling 19,808 plug-in hybrid minivans after reports of 12 fires in parked vehicles.
- 02/11/2022
|
Canadian bridge blockade continues, auto plants face shutdowns amid disruptions
- CNBC's Kristina Partsinevelos joins 'Squawk Box' from the nation's border with Canada to provide an update on protesters blocking a crucial trade link between the two countries.
- 02/11/2022
|
GM, Stellantis cut some production following Canadian trucking protests
- WASHINGTON (Reuters) -General Motors Co and Chrysler-parent Stellantis said on Thursday they were forced to cancel or scale back some shifts because of parts shortages stemming from Canadian trucking protests against pandemic measures.
- 02/10/2022
|
Carl Icahn's Bullish Bet on Electric Vehicles
- U.S. President Joe Biden has united automakers and set an ambitious target for 50% of vehicles sold to be electric vehicles (EVs) by 2030. To accomplish this humongous task, traditional automakers must now convert to electric if they want to remain relevant.
- 02/08/2022
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/08/2022
|
Stellantis unveils electrified Alfa Romeo Tonale SUV
- Stellantis on Tuesday unveiled its new Alfa Romeo Tonale compact sport utility vehicle (SUV) as it aims to expand in the premium market and add electrified and interconnected vehicles to its range.
- 02/08/2022
|
Stellantis, unions agree on over 700 voluntary redundancies this year -UILM
- Stellantis and unions have agreed to cut 714 jobs at the carmaker's operations in Italy this year through voluntary redundancies, the UILM union said on Thursday.
- 02/03/2022
|
Stellantis eyes up to 1,400 voluntary redundancies in France in 2022 - union sources
- Automaker Stellantis may cut up to 1,400 jobs in France this year as it continues to adapt to a changing industry, three union sources said a day before management and unions sit down to discuss pay and employment conditions.
- 01/31/2022
|
Forget EVs autonomous vehicles are the big race for carmakers in coming years, says JPMorgan
- Electric vehicles are no longer the main way to compare carmakers, with self-driving cars now the main race over the coming years, according to JPMorgan. The investment bank reckons Daimler (ETR:DAI), Stellantis NV (NYSE:STLA, EPA:STLA), Renault and Volkswagen Group (XETRA:VOW) "will benefit the most from this trend" and they are its key picks among the traditional automotive original equipment manufacturers (OEMs), a group that also includes BMW, Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Toyota, Mazda, Honda, Hyundai and Kia.
- 01/31/2022
|
Automaker Stellantis to suspend COVID-19 vaccine mandate for U.S. staff
- Automaker Stellantis NV said it would suspend its COVID-19 vaccine mandate for U.S. employees, days after the country's Supreme Court blocked President Joe Biden's vaccination-or-testing mandate for large businesses.
- 01/28/2022
|
Stellantis commitments in Italy unaffected by early loan repayment - union
- Management at carmaker Stellantis has confirmed its commitment to preserve jobs and plants in Italy despite the early repayment of a 6.3 billion euro ($7.03 billion) state-backed loan, the Uilm union said in a statement.
- 01/28/2022
|
Stellantis repays 6.3 billion euro Italy state-backed loan in advance
- Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy's top lender Intesa Sanpaolo.
- 01/28/2022
|
Stellantis ready to repay 6.3 billion euro Italy state-backed loan in advance sources
- Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 outbreak, two sources close to the matter said on Thursday.
- 01/27/2022
|
Stellantis Plans To Raise Stake In China JV To 75%
- Stellantis NV (NYSE: STLA) plans to increase its shareholding in the joint venture GAC-Stellantis to 75% from 50%. The financial terms were not disclosed.
- 01/27/2022
|
Stellantis (STLA) Could Find Support Soon, Here's Why You Should Buy the Stock Now
- Stellantis (STLA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 01/25/2022
|
Is Stellantis (STLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- Here is how Stellantis (STLA) and Wabash National (WNC) have performed compared to their sector so far this year.
- 01/24/2022
|
Stellantis (STLA) Is Attractively Priced Despite Fast-paced Momentum
- Stellantis (STLA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/24/2022
|
Stellantis CEO punches back at electrification mandates, policies
- Carlos Tavares, which oversees the combined Fiat Chrysler and PSA Group automakers, seemed to undercut the idea EVs are the solution to reducing emissions.
- 01/19/2022
|
Chip Famine Shows No Signs of Abatement, Automakers in a Fix
- In a telling sign that the global chip deficit continues to cause disruptions, Ford (F) and Stellantis (STLA) suspend operations at their plants, while Toyota (TM) downwardly revises fiscal 2022 production targets.
- 01/19/2022
|
Carmaker Stellantis to announce strategic plan in March
- Carmaker Stellantis, whose brands include Citroen and Fiat, said it would announce a new long-term strategic plan in March.
- 01/19/2022
|
What Makes Stellantis (STLA) a Strong Momentum Stock: Buy Now?
- Does Stellantis (STLA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/17/2022
|
Stellantis hopes to make the best of a delayed electric start, CEO says
- Stellantis, the company formed last year through the merger of Fiat Chrysler Automobiles and France's PSA Group, has some catching up to do when it comes to comes to electric cars. Chief executive Carlos Tavares said he knows that, of course, but being first isn't everything.
- 01/13/2022
|
Electric Pickup War is Raging: Meet the Key Contenders
- An era of electric pickups is underway. Competition heats up as Rivian (RIVN), General Motors (GM), Ford (F), Stellantis (STLA) and Tesla (TSLA) race fast to bring their e-pickup models to the market.
- 01/07/2022
|
Amazon (AMZN) Enters Multi-Year Agreements with Stellantis
- Amazon's (AMZN) technology products and solutions are selected by Stellantis to deepen its push toward a sustainable mobility tech company.
- 01/06/2022
|
Electric vehicles: GM, Chrysler, Mercedes, and Sony reveal new models at CES
- Yahoo Finance tech editor Dan Howley breaks down the latest electric vehicle reveals from legacy automakers like General Motors, Chrysler, and Mercedes along with new entrants like Sony at this year's CES.
- 01/06/2022
|
Amazon, Stellantis Signed Deal to Build Connected In-Vehicle Experiences
- Amazon and Stellantis have signed a deal to deliver software solutions for the Amsterdam-based car maker's digital cabin platform, according to a press release on Thursday (Jan. 6). Under the terms of the multi-year deal, the companies will launch STLA SmartCockpit by 2024, and collaborate to implement Amazon's technology and software know-how across Stellantis, including […]
- 01/06/2022
|
Has Stellantis (STLA) Outpaced Other Auto-Tires-Trucks Stocks This Year?
- Here is how Stellantis (STLA) and Toyota Motor Corporation (TM) have performed compared to their sector so far this year.
- 01/06/2022
|
Rivian shares continue to dive following Amazon-Stellantis deal
- Automaker Stellantis announced on Wednesday that Amazon would provide its cloud services and in-car dashboard software.
- 01/06/2022
|
Stellantis (STLA) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Stellantis (STLA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/06/2022
|
What Does Amazon-Stellantis Deal Mean For Rivian?
- Rivian Automotive Inc (NASDAQ: RIVN) said it doesn't see any change in its partnership with Amazon.com Inc (NASDAQ: AMZN) as the latter teams up with Stellantis NV (NYSE: STLA) to provide in-car dashboard software and cloud services in a new deal. What Happened: Rivian said its partnership with Amazon is intact, thriving, and growing and that it expects the e-commerce giant to purchase vehicles from many providers, Teslarati reported on Wednesday, citing the company.
- 01/06/2022
|
Amazon to buy all-electric Ram ProMaster vans - Roadshow
- The giant internet retailer is the first commercial customer of these delivery vehicles, which will work alongside Rivian electric vans starting in 2023. The deal was announced at CES 2022.
- 01/05/2022
|
Chrysler aims to be all electric by 2028
- The company said Wednesday that it will launch its first electric vehicle by 2025.
- 01/05/2022
|
Rivian stock plunges after news of Amazon-Stellantis deal
- Stellantis has already sold tens of thousands of vehicles to Amazon. Now more will be going to Amazon, which will provide cloud services to the automaker.
- 01/05/2022
|
Stellantis, Jeep's parent company, is teaming up with Amazon
- Stellantis, the international automaker that owns brands like Jeep, Chrysler, Fiat, Ram and Peugeot, has entered into a wide-ranging agreement with Amazon. The deal will put Amazon software in Stellantis vehicles and will also put Stellantis's electric vans into Amazon's delivery fleet.
- 01/05/2022
|
Stellantis Partners With Amazon For Digital Vehicle Solutions
- Stellantis NV (NYSE: STLA) has signed a series of global, multi-year agreements with Amazon.com Inc (NASDAQ: AMZN), which involves Amazon Devices, Amazon Web Services (AWS), and Amazon Last Mile. The financial terms were not disclosed.
- 01/05/2022
|
Amazon, Stellantis agree to make software for the carmaker's vehicles
- Amazon.com Inc and Stellantis NV said on Wednesday they would collaborate to develop cars and trucks with Amazon's software under the hood, and deploy electric vans made by the carmaker on the e-commerce giant's delivery network.
- 01/05/2022
|
Amazon's tech is headed to millions of Stellantis vehicles in 2024
- Stellantis is turning to Amazon to bring a slate of connected in-vehicle products and services to its vehicles by 2024 as part of the global automaker's plan to generate $22.5 billion annually from software. The collaboration, which was announced Wednesday at the 2022 CES tech trade show, is supposed to touch nearly every aspect of […]
- 01/05/2022
|
Stellantis' Chrysler brand to go all electric by 2028 -executive
- Automaker Stellantis' Chrysler brand said on Wednesday it plans to shift to an all-electric lineup by 2028 and introduce new products, including a utility vehicle, as it moves forward, the North American brand's chief executive said.
- 01/05/2022
|
Stellantis to transform Chrysler into an all-electric brand by 2028
- Chrysler, the 96-year-old brand owned by Stellantis that is best known today for its minivans, will become an all-electric brand by 2028. The company made the announcement as it introduced the Chrysler Airflow Concept, an all-wheel drive electric SUV concept equipped with two electric motors and a battery designed to travel 350 miles to 400 […]
- 01/05/2022
|
Fiat Chrysler reports 2% drop in annual U.S. auto sales
- FCA U.S. LLC reported a drop in U.S. auto sales on Tuesday, as the carmaker grappled with chip shortage issue that forced it to halt production across Europe and the United States.
- 01/04/2022
|
A Quick Peek Into Major Auto Headlines of 2021
- Relive the major stories and trends of the U.S. auto sector in 2021 that managed to grab headlines.
- 12/31/2021
|
Auto Giants Bet on Battery Plants in 2021 for US Electric Future
- Read on to know about the big battery investments made by GM, TM, F and STLA this year as they set the stage for a new wave of battery production in the United States.
- 12/28/2021
|
EPA Boosts Vehicle Standards to 55 Miles Per Gallon
- EPA says the rules will cut fuel costs for car owners, reduce greenhouse gases warming the climate, and accelerate the switch to electric vehicles.
- 12/22/2021
|
U.S. Dramatically Boosts Vehicle Fuel Efficiency Standards to Cut Planet Warming
- EPA boosts efficiency standard 45% to 55 miles per gallon for passenger vehicles
- 12/22/2021
|
Why This New Deal Could Help Solve the Auto Industry's Chip Shortage
- Stellantis' deal with Foxconn is about more than manufacturing chips.
- 12/22/2021
|
Stellantis reshuffles European financing operations through new JVs with banks
- Stellantis said on Friday it had entered exclusive talks with BNP Paribas, Credit Agricole and Santander as it seeks to overhaul its financing operations in Europe through new partnerships.
- 12/17/2021
|
Stellantis Trades At A Significant Discount To Automotive Competitors
- Stellantis offers a low risk opportunity for EV exposure as downside is limited at discounted valuations. The company has potential for around 40% upside to trade alongside other European brands and could go even higher if the stock can grow to premium levels of US brands.
- 12/15/2021
|
Lancia to mimic Mercedes in pursuit of a future inside Stellantis
- Italy's Lancia will pursue profitability over volume to secure a long-term home in the 14 brand Stellantis stable and try to emulate German carmaker Mercedes to do so, its boss Luca Napolitano told Reuters.
- 12/10/2021
|
Stellantis Opens Orders For Jailbreak Models As Part Of Dodge Never Lift Campaign
- Stellantis NV (NYSE: STLA) has opened orders for the 2022 Dodge Charger and Challenger SRT Hellcat Redeye Widebody Jailbreak models from December 10, 2021. Build & Price shopping tool on Dodge.com will assist customers in creating their own custom Jailbreak model.
- 12/10/2021
|
Stellantis and Foxconn to partner on new families of semiconductors
- The four families of chips are expected to debut in 2024 and will both modernize and simplify Stellantis' electronic architecture.
- 12/09/2021
|
Stellantis, Foxconn to develop chips as carmaker seeks software revenue
- The maker of Jeep SUVs and Ram pickup trucks said Tuesday it will partner with iPhone contract manufacturer Foxconn Technology Group to design purpose-built semiconductors to support Stellantis NV and other customers as the transatlantic automaker expects to earn $22.5 billion (20 billion euro) in revenue from software-enabled product offerings and subscriptions by 2030.
- 12/08/2021
|
Stellantis (STLA) & Foxconn Sign MoU for Flexible Semiconductors
- Stellantis (STLA) and Foxconn join forces to design a range of modernized, purpose-built semiconductors for the auto industry by harnessing the experience and expertise of both companies.
- 12/08/2021
|
Stellantis Targets $22.5B in New Software by 2030
- Automaker Stellantis expects threefold increases in its connected vehicles — featuring GPS, infotaintment systems, driver assistance capabilities and other tech — from 12 million today to 34 million by 2030 to add $22.5 billion in annual revenue from software services and subscriptions. The company joins other automakers in looking to services as a substantial revenue […]
- 12/07/2021
|
How Stellantis plans to make $22.5B a year from software in its cars, trucks and SUVs
- Stellantis laid out Tuesday an ambitious plan to generate $22.5 billion annually from software in its vehicles that can sell passengers and drivers products and subscriptions. The target is in line with goals from its competitors — all of which are seeking ways to make revenue beyond selling, repairing and financing vehicles.
- 12/07/2021
|
Automaker Stellantis plans to generate $22.5 billion in new software revenue by 2030
- Driving the growth will be an increase in the automaker's connected vehicles from 12 million today to 34 million by then, according to Stellantis.
- 12/07/2021
|
Stellantis targets 20 billion euros in additional revenues from software by 2030
- Stellantis plans to generate around 4 billion euros ($4.5 billion) in additional annual revenues by 2026 and around 20 billion euros by 2030 from software-enabled product offerings and subscriptions, the carmaker said on Tuesday.
- 12/07/2021
|
Stellantis CEO Says Company Being 'Forced' To Make Electric Vehicles
- Tesla Inc (NASDAQ: TSLA) released its Model S in June 2012. Over the years, the company has watched its production and deliveries numbers rise along with its share price.
- 12/06/2021
|
The auto industry is begging the US government to make it easier to import critical parts from China
- Tesla and dozens of auto industry suppliers are urging the US government to drop tariffs on Chinese items, including battery-making materials.
- 12/03/2021
|
Slow Start For U.S. Electric Vehicles, But Times Are Changing
- The US is lagging behind in the electrification of new cars. While new government policies could help to close the gap, a full shift to electric vehicles will take many years and require massive investment.
- 12/01/2021
|
Daimler (DDAIF) and Stellantis (STLA) Boost EV Battery Game
- Daimler (DDAIF) and Stellantis (STLA) rev up their EV game plan with the decision to make a strategic investment in solid-state battery maker Factorial Energy.
- 12/01/2021
|
Stellantis CEO says EV cost burden is 'beyond the limits' for automakers
- Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs.
- 12/01/2021
|
Stellantis (STLA) Inks Deal With Vulcan on Lithium Supply
- The agreement with Vulcan demonstrates Stellantis' (STLA) efforts to achieve its carbon-neutrality goals in a sustainable manner.
- 11/30/2021
|
Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy
- Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-develop batteries in separate joint collaboration agreements. Mercedes, a brand of Daimler AG, said it invested a “double-digit million dollar” amount in Factorial.
- 11/30/2021
|
EV battery maker Factorial Energy sells undisclosed stakes in company to Mercedes, Stellantis
- Privately-held EV battery maker Factorial Energy said Tuesday it received undisclosed investments from Mercedes-Benz DAI, -1.28% and Stellantis NV STLA, -1.24% , the global auto maker formed through the merger of Fiat Chrysler Automobiles NV and France's PSA Group. Mercedes-Benz Cars chief operating officer Markus Schäfer said the auto maker invested a "high double-digit million dollar amount" in Factorial Energy, which makes solid-state batteries that offer 20% to 50% longer range per charge, increased safety, and cost parity with conventional lithium-ion batteries.
- 11/30/2021
|
Vulcan Energy inks lithium offtake with automaker Stellantis
- (Kitco News) - Vulcan Energy, a lithium developer focused on projects in Europe, announced today that it has signed a binding lithium hydroxide offtake agreement with Stellantis, a leading global automaker and provider of innovative mobility solutions.
- 11/29/2021
|
Best Growth Stocks to Buy for November 29th
- HHR, CWK, and STLA made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 29, 2021.
- 11/29/2021
|
Stellantis locks in lithium supply agreement to secure EV battery materials
- Stellantis, the global corporation formed through a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, signed a binding agreement with a lithium producer as more automakers look to secure key parts of the battery supply chain. The agreement is one in a flurry of deals between automakers and suppliers as the demand for […]
- 11/29/2021
|
2 Glittering Stocks in an Almost Starless Foreign Auto Industry
- While the Zacks Foreign Auto Industry is reeling under global microchip shortage, two industry players, BYD Co (BYDDY) and Stellantis (STLA), are relatively well positioned to fend off macro headwinds.
- 11/26/2021
|
Down 7.3% in 4 Weeks, Here's Why Stellantis (STLA) Looks Ripe for a Turnaround
- The heavy selling pressure might have exhausted for Stellantis (STLA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 11/25/2021
|
U.S. automakers will extend mask requirements at auto plants
- Detroit's Big Three automakers said Tuesday they will extend requirements for workers to wear masks at work sites but are not requiring unionized workers to be vaccinated against COVID-19.
- 11/23/2021
|
Stellantis to require all U.S. workers to be fully vaccinated
- Stellantis NV will require all U.S. salaried non-represented employees to be fully vaccinated against COVID-19 by Jan. 5, the automaker said on Friday, as it prepares for a phased reopening of its U.S. offices next year.
- 11/19/2021
|
Automaker Stellantis mandates Covid vaccine for 14,000 U.S. salaried workers
- The maker of Jeep SUVs and Ram trucks will require U.S. non-union, salaried employees to be vaccinated by Jan. 5 or possibly face termination.
- 11/19/2021
|
A World Tour of Policy Rate Hikes
- The Fed is lagging its peers. What gives?
- 11/18/2021
|
STLA, TM and VWAGY in the Spotlight on a String of Recalls
- Stellantis (STLA), Toyota (TM), and Volkswagen (VWAGY) issue major recalls over fuel pumps, airbags, and brake-related issues, respectively.
- 11/18/2021
|
Stellantis Edges Ahead Of VW Sales In Europe As Chip Shortage Cripples Production
- Stellantis toppled long-time leader Volkswagen from the top of Western Europe's sales league in October, although it was really a contest in trying to thwart the supply crisis caused by the chip shortage.
- 11/18/2021
|
5 Value Stocks You Don't Want to Miss
- Avoid the value trap with stocks such as these.
- 11/16/2021
|
Opel has "special prioritisation" as Stellantis' only German brand - CEO
- Opel's status as the only German brand within the Stellantis group affords it "special prioritisation," said the carmaker's chief executive on Thursday, following concerns from unions over the company's future in the country.
- 11/11/2021
|
Stellantis Launches Jeep Graphic Studio For Wrangler, Gladiator
- Stellantis NV's (NYSE: STLA) Jeep brand has launched Jeep Graphic Studios to meet increased customer demand to customize and personalize their Jeep Wrangler or Gladiator. Customers can go to JeepGraphicStudio.com for a variety of unique exterior and interior customizations.
- 11/02/2021
|
Stellantis offers early retirement program to eligible U.S. employees
- Stellantis NV, the world's fourth-largest automaker, is offering voluntary retirement program to pension-eligible employees in the United States, the company said late Monday.
- 11/01/2021
|
Automaker Stellantis offering buyouts to pension-eligible U.S. salaried workers
- To be eligible, employees must be at least 55 years old and have been with the company for 30 years or be at least 58 years old with 10 years of employment.
- 11/01/2021
|
Stellantis Unveils Limited-Edition Mopar '22 Dodge Durango
- Stellantis NV's (NYSE: STLA) Mopar has launched Mopar '22 Dodge Durango, a new limited-production vehicle featuring a special-edition package of quality-tested, factory-backed performance parts and accessories from the Mopar Custom Shop. The new performance SUV is slated to arrive in select Dodge dealerships in the U.S. and Canada in summer 2022, in conjunction with the 85th anniversary of Mopar.
- 11/01/2021
|
Stellantis Q3 sales down 14% due to 600,000 units in lost production from chip crisis
- MILAN (Reuters) -Stellantis, the world's fourth largest automaker, said on Thursday its revenue fell 14% on a pro-forma basis in the third quarter, mainly due to a loss of 600,000 vehicles or 30% of planned production, following the chip crisis.
- 10/28/2021
|
Stellantis four new EV platforms to each support 2 million vehicles a year-exec
- Stellantis four new electrified platforms are expected to each underpin the production of 2 million vehicles a year, the automaker's head for Italy said on Wednesday.
- 10/27/2021
|
Stellantis to complete restructuring of Turin plants by mid-January
- Carmaker Stellantis and unions reached an agreement on Tuesday on a planned restructuring of the group's production in the Italian city of Turin, which will be completed by mid-January, FIM, UILM, FISMIC, UGLM and AQCFR unions said.
- 10/26/2021
|
Stellantis to maintain DS brand in China despite disappointing sales
- Stellantis (STLA.MI), the world's fourth-largest carmaker, will keep selling its upscale DS Automobiles brand in China, where by early next year it will unveil a new plan to boost disappointing sales, brand director Beatrice Foucher said on Tuesday.
- 10/26/2021
|
Is Stellantis (STLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- Are Stellantis and CarGurus Outperforming Other Auto-Tires-Trucks Stocks This Year?
- 10/22/2021
|
Stellantis, Samsung SDI Collaborate To Produce EV Battery For North America
- Stellantis NV (NYSE: STLA) and Samsung SDI Co Ltd (OTC: SSDIY) agreed to form a joint venture to produce battery cells and modules for North America as planned. Targeted to start in 2025, the plant intends to have an initial annual production capacity of 23-gigawatt hours, with the ability to increase up to 40-gigawatt hours in the future.
- 10/22/2021
|
Samsung SDI, Stellantis to set up EV battery joint venture in U.S
- South Korea's Samsung SDI Co Ltd said on Friday that it had entered an agreement for a joint venture with automaker Stellantis NV to produce electric vehicle (EV) battery cells and modules in the United States.
- 10/22/2021
|
Stellantis Auto Maker To Include Two Cannabis Companies In Development Program For Black Businesses
- One World Pharma (OTCQB:OWPC), a Las Vegas-based cannabis producer with grow operations in Colombia, and Isiah International are among the 13 businesses to have been selected to participate in the pilot for a development program conducted by the National Business League (NBL) and automaker Stellantis (NYSE:STLA). “This partnership represents a milestone for our continued execution on the exacting standards we have set for ourselves as an ESG leader,” said Isiah Thomas, chairman and CEO of Isiah International, and vice chairman and CEO of One World Pharma.
- 10/21/2021
|
Italy's car part makers see their small size as a risk in Stellantis merger -survey
- Italian car part suppliers see their small average size struggling to adapt to industry changes following the merger of local carmaker Fiat Chrysler with France's PSA which created Stellantis earlier this year, a lobby survey showed on Thursday.
- 10/21/2021
|
Samsung SDI, Stellantis Collaborate Over EV Battery Production
- South Korean battery maker Samsung SDI Co Ltd (OTC: SSDIY) and automaker Stellantis NV (NYSE: STLA) collaborated to produce electric vehicle batteries for the North American market, Reuters reports. The Samsung Electronics Co Ltd (OTC: SSNLF) affiliate already has EV battery plants in South Korea, China, and Hungary, supplying to customers like Bayerische Motoren Werke AG (OTC: BMWYY) and Ford Motor Co (NYSE: F).
- 10/19/2021
|
Stellantis, TheF Charging team up for EV charging network in Europe
- Global automaker Stellantis NV has agreed a partnership with Italian e-mobility startup TheF Charging to create a European public charging network accessible to all electric vehicles, the two companies said on Tuesday.
- 10/19/2021
|
Samsung SDI, Stellantis to set up EV battery JV -Yonhap
- Battery maker Samsung SDI Co Ltd and automaker Stellantis NV have signed a memorandum of understanding to establish an electric vehicle (EV) battery joint venture, South Korea's Yonhap news agency reported on Tuesday, citing industry sources.
- 10/18/2021
|
Stellantis and LG to work together to build batteries in North America
- The auto industry's building boom for the massive batteries needed to power electric vehicles continues.
- 10/18/2021
|
Stellantis' Maserati delays launch of Grecale SUV due to chip shortage
- Stellantis' luxury brand Maserati said on Monday the launch of its new SUV Grecale would be delayed to the spring of next year due to a global chip shortage.
- 10/18/2021
|
Stellantis, LG Energy Solution Collaborate Over EV
- Stellantis NV (NYSE: STLA) and LG Chem Ltd's (OTC: LGCLF) LG Energy Solution agreed to form a joint venture to produce battery cells and modules for North America. The JV will establish a new battery manufacturing facility to power Stellantis' goal of realizing over 40% of its sales in the U.S. comprised of electrified vehicles by 2030.
- 10/18/2021
|
Stellantis, LG Energy to form battery-production JV
- Automaker Stellantis NV and LG Energy Solution said on Monday they have entered an agreement to form a joint venture to produce battery cells and modules for North America.
- 10/18/2021
|
Stellantis Showcases Multiple Displays at the 2021 Miami International Auto Show
- MIAMI, Oct. 14, 2021 /PRNewswire/ -- Camp Jeep® returns to the show with a 25,000-square-foot outdoor exhibit offering the ultimate off-road experience Jeep brand showcases several new additions to its award-winning lineup, including the all-new 2021 Jeep Grand Cherokee L, 2021 Jeep Wrangler 4xe and new 2022 Jeep Compass 2022 Wagoneer and Grand Wagoneer return as premium extensions of the Jeep brand while continuing their legacy as the original premium SUVs Alfa Romeo to showcase the Stelvio featuring best-in-class performance and seductive Italian style now coupled with premium interior enhancements Chrysler Pacifica and Pacifica Hybrid minivans offer unprecedented functionality and style for buyers Dodge brand showcases the Durango SRT – the ultimate no-compromise SUV FIAT brand display features the fun-to-drive 2021 Fiat 500X Ram Truck display showcases the 2021 Ram 1500 TRX, the apex predator of the truck world Stellantis will roll into the Miami International Auto Show, beginning Oct. 16, with a variety of displays and interactive experiences featuring the popular Camp Jeep® off-road experience and the newest members of the Jeep family, the 2022 Wagoneer, the premium extension of the Jeep brand, and the 2022 Jeep Compass. Stellantis displays will also feature vehicles from Alfa Romeo, Chrysler, Dodge, FIAT and Ram.
- 10/14/2021
|
Stellantis' silence on Opel plans erodes trust, German states say
- The leaders of three German states where Opel has factories wrote to the chief executive of the carmaker's owner Stellantis on Thursday, criticising his lack of communication on plans for Opel which they said was eroding public trust in the company.
- 10/14/2021
|
Stellantis Strengthens Media and Marketing Agency Roster With Addition of Ignition Media Group
- AUBURN HILLS, Mich., Oct. 14, 2021 /PRNewswire/ -- Ignition Media Group, based in Detroit, joins Stellantis' marketing partner roster Stellantis engages Ignition's Soundcheck practice, serving as a sounding board and multi-cultural thought partner Alliance builds upon Stellantis' commitment to developing marketing messages that are representative of its multi-brand portfolio and customer base Today, Stellantis announced the addition of Ignition Media Group to the company's media and marketing agency roster.
- 10/14/2021
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/13/2021
|
New Strong Buy Stocks for October 13th
- DQ, EVR, JBL, STLA, and LZB have been added to the Zacks Rank #1 (Strong Buy) List on October 13, 2021.
- 10/13/2021
|
Top Ranked Growth Stocks to Buy for October 13th
- AN, OLN, and STLA made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 13, 2021.
- 10/13/2021
|
Winners and Losers From Q3's Car Chip Shortage
- New car sales continue their downward spiral in September, but the situation may be easing at last.
- 10/13/2021
|
Stellantis (STLA) to Invest $229M for Overhaul of 3 Plants in Indiana
- The latest investment decision is another initiative by Stellantis (STLA) to rev up its EV game plan by expediting the development of low-emission technology.
- 10/12/2021
|
Stellantis to rationalise its plants in Turin, union says
- French-Italian carmaker Stellantis will move the assembly line of its Grugliasco plant close to Turin to nearby Mirafiori to increase efficiency, the FIM CISL union said on Monday.
- 10/11/2021
|
Mopar Gears Up for 2021 SEMA Show
- AUBURN HILLS, Mich., Oct. 11, 2021 /PRNewswire/ -- Today, Mopar released concept sketches in advance of the upcoming 2021 SEMA (Specialty Equipment Market Association) Show in Las Vegas (Nov. 2-5).
- 10/11/2021
|
Stellantis Reinstates Domestic Partner Benefits for Non-bargaining Unit U.S. Employees
- AUBURN HILLS, Mich., Oct. 11, 2021 /PRNewswire/ -- New benefit applies to all eligible U.S. employees despite their partner status (same- and opposite-sex) Part of company's observance of LGBTQ+ History Month, National Coming Out Day and National Spirit Day, honoring LGBTQ history and issues Company recognized as a leader among U.S. employers for providing domestic partner benefits to same-sex couples in 2000 Stellantis today announced its decision to reinstate domestic partner benefits for all eligible employees, effective January 1, 2022.
- 10/11/2021
|
Stellantis to Announce Third Quarter 2021 Shipments and Revenues on October 28
- AMSTERDAM, October 11, 2021 - Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that its Third Quarter 2021 Shipments and Revenues will be released on Thursday, October 28, 2021.
- 10/11/2021
|
Chip crisis hits Stellantis' Italy output more than COVID did, union says
- The impact from a global semiconductor shortage on Stellantis' Italian car production this year will be worse and longer-lasting than the damage to output caused by the COVID-19 pandemic in 2020, Italy's FIM-CISL union said on Friday.
- 10/08/2021
|
Stellantis to invest $229 million to upgrade Indiana plants for EVs
- Stellantis, the world's fourth largest carmaker, said on Thursday it would invest $229 million in three plants in Indiana to expedite the development of electric vehicles.
- 10/07/2021
|
Stellantis Announces $229 Million Investment in Kokomo, Indiana, Operations to Accelerate Electrification Plans
- KOKOMO, Ind., Oct. 7, 2021 /PRNewswire/ -- Announcement is one piece of a long-term strategy and electrification plan shared during the company's EV Day Investment will retool three Kokomo plants to produce electrified, next-generation, eight-speed transmissions; 662 jobs retained "Multi-tool" of transmissions can be paired with internal combustion, mild hybrid or plug-in hybrid propulsion systems New transmission will deliver improved fuel economy, provide pure-electric range and help vehicles meet future emission regulations Electrified transmission diversifies product portfolio of Kokomo-area plants Leverages core competencies and skill sets of local workforce Stellantis today announced it would invest a total of $229 million in three of its Kokomo, Indiana, plants to help the company reach its goal of achieving 40% low-emission vehicle sales in the U.S. by 2030.
- 10/07/2021
|
All-new 2021 Jeep® Grand Cherokee L Named to Wards 10 Best Interiors List in First Year of Eligibility
- AUBURN HILLS, Mich., Oct. 7, 2021 /PRNewswire/ -- Jeep® Grand Cherokee L's seven-passenger interior features premium styling, craftsmanship and advanced technology Spacious interior combines a mix of materials and colors – rich leather, real wood and premium metal – that accentuate modern, next-generation technologies, including 10-inch digital screens Hand-wrapped, quilted Palermo leather, open-pore Waxed Walnut wood and standard premium amenities elevate new Summit Reserve Package to highest levels of luxury Passenger comfort and interior ambiance take priority with an all-new Jeep seating architecture, ambient LED lighting and redesigned climate zones Next-generation technologies include Uconnect 5, windshield Head-up Display (HUD), frameless digital cluster, digital rearview mirror, rear-seat monitoring camera and an exclusive and premium 950-watt, 19-speaker McIntosh audio sound system Jeep Grand Cherokee L named to prestigious "Best of" list in its first year of eligibility The all-new 2021 Jeep® Grand Cherokee L and its spacious, luxurious cabin, which combines handcrafted materials and modern amenities with an available McIntosh audio system, has been named one of Wards 10 Best Interiors for 2021.
- 10/07/2021
|
German union criticizes Stellantis over use of furlough scheme at Opel plant
- Workers at Opel's Eisenach plant, which was shut down last week until the end of the year due to chip shortages, on Thursday accused the carmaker's owner, Stellantis, of exploiting Germany's furlough scheme to move production out of the country.
- 10/07/2021
|
Stellantis' Alfa Romeo to launch new model every year to 2026
- Stellantis' Alfa Romeo will roll out a new model each year to 2026, starting with Tonale's SUV next year, the brand's head Jean-Philippe Imparato said on Wednesday.
- 10/06/2021
|
Car sales are plunging but Wall Street is still driving car stocks up
- Car sales at major automakers are plunging due to a shortage of computer chips that's forced factory shutdowns and crimped supply.
- 10/04/2021
|
General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage
- U.S. auto sales dropped dramatically in the third quarter as inventories continued to dwindle amid the ongoing chip shortage. Hyundai and Kia saw the largest gains among major brands.
- 10/01/2021
|
Stellantis curbs Melfi output as chip crisis cuts car production
- Stellantis will operate its largest Italian facility for an equivalent of only six days in October, the UILM union said on Thursday, as a global chip shortage hits manufacturing.
- 09/30/2021
|
Stellantis' Opel Halts A Plant Production Due To Chip Crisis: Reuters
- Stellantis NV's (NYSE: STLA) carmaker Opel will close one of its German plants due to a chip crisis until the end of the year, Reuters reports. The production at the Eisenach plant, which manufactures internal combustion engines and hybrid electric cars, will likely begin in 2022.
- 09/30/2021
|
All-new 2022 Jeep® Grand Cherokee: Most Technologically Advanced, 4x4-capable and Luxurious Grand Cherokee Yet
- AUBURN HILLS, Mich., Sept. 29, 2021 /PRNewswire/ -- Fifth generation of most awarded SUV ever brings an all-new architecture, new plug-in hybrid powertrain, all-new exterior design and all-new interior with world-class craftsmanship First electrified Grand Cherokee 4xe is unveiled alongside the ultimate off-road Grand Cherokee, the new Trailhawk Exceptional performance, comfort, capability and functionality bolster Grand Cherokee's legacy as the most awarded and celebrated SUV Unrivaled capability along with composed on-road driving dynamics courtesy of three 4x4 systems – Quadra-Trac I, Quadra-Trac II and Quadra-Drive II Class-exclusive Jeep Quadra-Lift™ air suspension, now with electronic semi-active damping, delivers up to class-leading 11.3 inches (28.7 cm) of ground clearance and 24 inches (61 cm) of water fording New class-exclusive sway-bar disconnect delivers improved articulation and traction over rocks and rough terrain Grand Cherokee Trailhawk 4xe conquered the formidable Rubicon Trail under all-electric power Class-leading 7,200 lbs (3,265kg) max towing with the available 5.7-liter V-8 engine Uconnect 5 offers new technology for 2022 Jeep Grand Cherokee, including a 10.1-inch (25.7 cm) display, five-times-faster operating speed (when compared to the previous generation) and over-the-air (OTA) updates Exclusive 10.25-inch (26 cm) front passenger interactive display and 10.1-inch (25.7 cm) rear seat entertainment displays with built-in Amazon Fire TV The all-new Jeep Grand Cherokee will arrive in Jeep dealerships in North America in the fourth quarter of 2021.
- 09/29/2021
|
Italy's police arrest Stellantis manager in U.S. diesel emissions enquiry
- Sergio Pasini, a manager at former carmaker Fiat Chrysler, now part of the Stellantis group, was arrested in Italy, police said on Wednesday, with sources close to the matter adding the arrest was part of a U.S. inquiry into diesel emissions rigging.
- 09/29/2021
|
Stellantis criticised by unions over furlough scheme to cushion chip shortage
- Two leading trade unions at Stellantis on Tuesday criticised the way the carmaker is implementing a furlough scheme aimed at mitigating the impact of a fall in output brought on by a global chip shortage.
- 09/28/2021
|
Is Stellantis the Second Company to Jump on QuantumScape's Bandwagon?
- QuantumScape announced Sep. 21 that it will provide an unnamed automotive company with 10 MWh of battery capacity. That's a win for QS stock.
- 09/27/2021
|
Stellantis and TotalEnergies welcome Mercedes-Benz as a new partner of Automotive Cells Company (ACC) and raise its capacity plan to at least 120 GWh by 2030
- Stellantis and TotalEnergies welcome Mercedes-Benz as a new partner of A utomotive C ells C ompany (ACC) and rais e its capacity plan to at least 120 GWh by 2030
- 09/24/2021
|
The Chip Shortage Is Getting Worse for Car Makers. Now the White House Is Weighing In.
- The global auto industry could lose $210 billion in revenue this year due to supply issues, double the forecast months ago, according to the consulting firm AlixPartners.
- 09/23/2021
|
Jeep® Brand Announces 2022 Wrangler Willys With Xtreme Recon Package at 2021 Detroit 4Fest
- AUBURN HILLS, Mich., Sept. 23, 2021 /PRNewswire/ -- Jeep® Wrangler Willys with Xtreme Recon Package offers 35-inch tires straight from the factory Equipped with the $3,995 Xtreme Recon Package, Jeep Wrangler Willys joins Wrangler Rubicon and Wrangler Rubicon 392 to deliver best-in-class approach angle, departure angle, ground clearance and water fording capability Customer orders open in October for Wrangler Willys with Xtreme Recon Package, with production starting at the Toledo (Ohio) Assembly Plant in December Today at the 2021 Detroit 4Fest, the Jeep® brand bolstered the Wrangler's legendary 4x4 capability and go-anywhere attitude, announcing the 2022 Wrangler Willys with the Xtreme Recon 35-inch tire package.
- 09/23/2021
|
Exclusive New Ram 1500 TRX Ignition Edition, Longhorn SouthFork, and Ram 1500 (RAM)RED Edition Unveiled at State Fair of Texas
- AUBURN HILLS, Mich., Sept. 23, 2021 /PRNewswire/ -- 2022 Ram 1500 TRX Ignition Edition is limited to 875 units and expands color palette for the quickest, fastest and most powerful mass-produced truck in the world New Ram 1500 Longhorn SouthFork enhances the well-appointed Longhorn trim with even more luxury, comfort and detail Ram 1500 (RAM)RED Edition is available on Limited Crew Cab configurations, offers a choice of both V-8 engines or EcoDiesel and features red R-A-M grille and door badging, as well as a (RED) badge on the center console lid Ram Truck display at the State Fair of Texas offers a full lineup focused on meeting the demands of truck buyers and delivering benchmark-quality vehicles Ram today unveiled three models at the State Fair of Texas: the exclusive new 2022 Ram 1500 TRX Ignition Edition, 2022 Ram 1500 Longhorn SouthFork and the 2022 Ram 1500 (RAM)RED Edition.
- 09/23/2021
|
Stellantis Brings Multiple Exhibits and Family Fun to the Texas Auto Show at the 2021 State Fair of Texas
- DALLAS, Sept. 22, 2021 /PRNewswire/ - Ram Truck brand debuts three new models and offers the ultimate in-truck adventure experience at the Ram 1500 TRX thrill ride Jeep® brand showcases several new additions to its award-winning lineup, including the all-new 2021 Jeep Grand Cherokee L, Jeep Wrangler 4xe, Jeep Gladiator Texas Trail and new 2022 Jeep Compass 2022 Wagoneer returns as a premium extension of the Jeep brand while continuing its legacy as the original premium SUV Alfa Romeo to showcase the Stelvio and Giulia, both featuring best-in-class performance and seductive Italian style now coupled with premium interior enhancements Chrysler Pacifica and Pacifica Hybrid minivans offer unprecedented functionality and style for buyers Dodge shakes things up with the Dodge Challenger R/T Scat Pack Shaker FIAT brand display features the fun-to-drive Fiat 124 Spider Indoor and outdoor displays will feature a number of fun experiences for fairgoers Stellantis will roll into the Texas Auto Show at the 2021 State Fair of Texas this week, beginning Sept.
- 09/22/2021
|
Stellantis Creates Jeep, Ram, Fiat Versions For Bono's (RED) Charity
- Stellantis moved into partnership today with Bono's RED charity with the biggest asset that the transatlantic automaker owns: its Jeep, Ram and Fiat brand names.
- 09/22/2021
|
Stellantis chairman says Turin is key for group's manufacturing
- Stellantis chairman said on Wednesday production in Italy was key to the carmaker, responding to criticism that manufacturing in the country was becoming less important after the merger between Fiat Chrysler and PSA that created the group.
- 09/22/2021
|
Stellantis Continues as Exclusive Sponsor of the National Black MBA Association Graduate Student Case Competition
- AUBURN HILLS, Mich., Sept. 21, 2021 /PRNewswire/ -- Competition conducted annually at National Black MBA Association's annual conference and exposition Annual event enables talented, high-potential MBA candidates from the nation's leading business schools to compete for $50,000 in scholarships Company has been exclusive sponsor of the competition since 1995 Talented MBA candidates from 35 of the nation's leading business schools competed for $50,000 in scholarships in the 2021 National Black MBA Association (NBMBAA) Graduate Student Case Competition®, sponsored by Stellantis.
- 09/21/2021
|
Stellantis and Jeep® Brand Lead the Motor City Pride Parade
- AUBURN HILLS, Mich., Sept. 17, 2021 /PRNewswire/ -- Rainbow-wrapped 2021 Jeep® Wrangler 4xe will serve as grand marshal vehicle for this year's parade Longtime support of Motor City Pride demonstrates the company's commitment to LGBTQ employees, customers, communities and issues Detroit will again show off the colors of the rainbow this weekend, Sept.
- 09/17/2021
|
Jeep® Brand, Wallace Detroit Guitars and Cherrytree Music Company's DETROIT DREAMERS Join Forces to Launch Custom Guitar and New Song in One-of-a-kind Collaboration
- AUBURN HILLS, Mich., Sept. 17, 2021 /PRNewswire/ -- Jeep® brand and Wallace Detroit Guitars collaborate on custom, licensed guitar crafted from old-growth wood sourced from historic Detroit buildings Jeep-branded custom Wallace Detroit Guitar is available for December holidays pre-order beginning today at www.wallacedetroitguitars.com; guitars take approximately 90 days to build Co-branded campaign launches today, Sept.
- 09/17/2021
|
Stellantis Tests Two New Connected Safety Notification Technologies in North America
- AUBURN HILLS, Mich., Sept. 17, 2021 /PRNewswire/ -- Advance warnings of close-proximity traffic and pedestrian situations, delivered to the driver via Uconnect, improve awareness for safer, smarter decisions and pave the way for autonomous technology Two separate test programs employ vehicle-to-everything (V2X) connectivity to alert drivers: Using Multi-access Edge Computing (MEC), the localized monitoring system can quickly make decisions at intersections and pedestrian zones, sending warnings on-site and to approaching vehicles In-vehicle digital alerts when in close proximity to responding emergency vehicles and other roadway hazards Stellantis is exploring Multi-access Edge Computing (MEC) and Safety Cloud® technologies in North America, giving drivers advanced notification warnings of potential hazards in their path.
- 09/17/2021
|
Citroen CEO on chip shortage: 'Fundamentally, the whole supply chain is in a sort of chaos'
- Vincent Cobée discusses the outlook for the auto industry amid Citroen's launch of their new C3 model targeted at expanding its markets in India and South America.
- 09/17/2021
|
Key Tidbits From 2021 J.D. Power APEAL Study
- Porsche and Dodge lead the premium and mainstream brands, respectively. Meanwhile, Tesla emerges as the unofficial winner of the 2021 J.D.
- 09/16/2021
|
Accelerate to Lead: Stellantis Hosts 22nd Annual Supplier Diversity MatchMaker Event
- AUBURN HILLS, Mich., Sept. 16, 2021 /PRNewswire/ -- Virtual supplier event connected more than 160 diverse business owners with 900 decision makers and 100 Stellantis buyers across commodity groups Participants in pilot of nation's first black supplier development program announced Event honored four companies for excellence in supplier diversity Continuing a tradition now in its 22nd year, Stellantis today virtually hosted its annual supplier diversity MatchMaker program, furthering the company's long-standing commitment to building a diverse supply base and growing wealth for diverse business owners throughout the value chain.
- 09/16/2021
|
Mopar Announces Accessories for All-new 2021 Jeep® Grand Cherokee L
- AUBURN HILLS, Mich., Sept. 16, 2021 /PRNewswire/ -- New 21-inch wheels and new side steps highlight 75 factory-backed available accessories for the first-ever three-row Jeep® Grand Cherokee Across the entire Jeep lineup, Mopar offers more than 500 accessories; for more information, visit the Mopar eStore From bike carriers to pet kennels, Mopar announced its new factory-backed, quality-tested accessories for the all-new, three-row 2021 Jeep® Grand Cherokee L.
- 09/16/2021
|
Stellantis to push into challenging Indian market with Citroen
- Carmaker Stellantis plans to launch a new model in India and Latin America next year under its Citroen brand, the group said on Thursday, as it aims to push out of its European turf and branch further into emerging markets where it has less exposure.
- 09/16/2021
|
Dodge and Ram Dominate Mass-Market Brands, Third Straight Year in J.D. Power APEAL Study™
- AUBURN HILLS, Mich., Sept. 15, 2021 /PRNewswire/ -- Dodge is first among 32 brands examined in APEAL study Dodge also first among mass-market brands — only domestic brand ever to do so two years in a row Mass-market results mirror 2020 when Dodge and Ram ranked first and second, respectively, reversing 2019 finish order Ram 1500 claims top honors for second straight year among large light-duty pickups Dodge Charger, Dodge Durango, Ram 2500/3500 and Jeep® Gladiator place second in their respective segments Improvements by Dodge and Ram outpace industry average Results continue success of Ram and Dodge, which placed No.
- 09/15/2021
|
Even More Open-air Freedom for Jeep® Gladiator: Jeep Performance Parts Introduces New Half Doors as Part of Dual-Door Group
- AUBURN HILLS, Mich., Sept. 14, 2021 /PRNewswire/ -- New half doors and choice of upper-window assemblies are now available as part of new Jeep® Gladiator Dual-Door Group factory option Warranty coverage for each Dual-Door Group option is included as part of the new-vehicle warranty of three years/36,000 miles Available now in the U.S. and Canada Expanded open-air freedom options strengthen appeal of Jeep Gladiator, winner of the midsize pickup category in the J.D.
- 09/14/2021
|
Innovative Jeep® Wrangler 4xe Named to Wards 10 Best Engines and Propulsion Systems
- AUBURN HILLS, Mich., Sept. 13, 2021 /PRNewswire/ -- In its first year of eligibility, the Jeep Wrangler 4xe propulsion system claims a spot on Wards prestigious list Combination of 2.0-liter I-4 engine and two electric motors delivers 21 miles of all-electric range, 49 MPGe and enhanced off-road capability in Jeep Wrangler 4xe Jeep Wrangler 4xe was No.
- 09/13/2021
|
Stellantis (STLA) Streamlines in China, GAC FCA to Shut Plant
- Stellantis (STLA) likely to halt work at its Guangzhou-based factory and shift the production to the factory in Changsha.
- 09/08/2021
|
Stellantis shareholder Dongfeng sells down stake for 600 million euros
- Stellantis shareholder Dongfeng Motor Hong Kong (DMHK) has sold part of its stake in the automaker for about 600 million euros ($710 million), as agreed before the group was formed via a merger at the beginning of the year.
- 09/08/2021
|
Stellantis Appoints Christine Feuell As Chrysler Brand CEO
- Stellantis NV (NYSE: STLA) has appointed Christine Feuell as Chrysler brand Chief Executive Officer effective September 13. Feuell was previously the chief commercial officer at Honeywell International Inc's (NASDAQ: HON) Honeywell Safety and Productivity Solutions.
- 09/07/2021
|
Stellantis joint venture with China's GAC to close one of two plants
- Stellantis NV's Chinese joint venture with GAC will close one of its two Chinese factories by March 2022, GAC told Reuters, as Stellantis restructures operations in the world's biggest auto market where it struggles to sell cars.
- 09/07/2021
|
Christine Feuell Joins Stellantis as Chrysler Brand CEO
- AMSTERDAM, Sept. 7, 2021 /PRNewswire/ -- Stellantis is pleased to announce that Christine Feuell, previously chief commercial officer at Honeywell Safety and Productivity Solutions, will join Stellantis as Chrysler brand CEO on September 13, reporting to CEO Carlos Tavares.
- 09/07/2021
|
Why Stellantis (STLA) Is Buying F1 Holdings For About $285 Million
- Stellantis N.V. (NYSE: STLA) recently announced it has entered into a definitive agreement to buy F1 Holdings for about $285 million.
- 09/05/2021
|
Chip Crunch Derails U.S. August Auto Sales: Rough Road Ahead
- In August, SAAR declined to 13.09 million light vehicle units, marking the lowest reading of 2021 so far. Amid worsening supply crunch and low inventory levels, automakers need to brace for more pain.
- 09/03/2021
|
Stellantis To Acquire US Auto Finance Company First Investors For $285M
- Stellantis NV (NYSE: STLA) has agreed to acquire First Investors Financial Services Group's parent company, F1 Holdings Corp, in an all-cash transaction for about $285 million. Stellantis to acquire the auto finance company in the U.S. from an investor group led by Gallatin Point Capital LLC and including affiliates of Jacobs Asset Management, LLC.
- 09/02/2021
|
Stellantis to buy U.S. auto finance provider First Investors for $285 million
- Automaker Stellantis said on Wednesday it would acquire U.S. auto finance provider First Investors Financial Services Group for about $285 million in cash from an investor group led by Gallatin Point Capital LLC.
- 09/01/2021
|
Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market
- Stellantis to A c quire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market
- 09/01/2021
|
Who's Leading the 2021 J.D. Power Quality Scorecard?
- Stellantis generates the maximum buzz, with the firm's RAM and Dodge brands grabbing the first and the second spot, respectively, in the 2021 Initial Quality Study from J.D. Power.
- 09/01/2021
|
Uconnect 5 Comes to 2022 Ram Lineup With New Features, Content and Capability for Truck and Fleet Owners
- AUBURN HILLS, Mich. , Sept. 1, 2021 /PRNewswire/ -- Fifth-generation Uconnect system builds upon a well-established, intuitive user experience (UX) with Android's automotive operating system Wireless Apple CarPlay, wireless Android Auto, wireless charging and a dual phone application make connecting and sharing easy for Ram pickup and Ram Commercial fleet customers Exclusive and customizable home screen features sharper tailor-made graphics, colors, themes and fonts to match the variety of trim levels and allows quick access to frequently used features with one-touch operation Off-Road Pages and Performance Pages enhanced for greater processing speeds Alexa home-to-truck and truck-to-home functionality includes in-vehicle Alexa virtual assistant with natural voice capability New Ram telematics system provides more information and enables preferred third-party fleet data collection companies to service fleet owners Family pickups and commercial vehicles are used by multiple drivers, personalization is key with up to five user profiles, re-establishing each driver's preferences and settings with one touch Over The Air (OTA) seamlessly loads updates, keeping the infotainment system fresh with the latest software improvements Large, high-resolution screens and cameras provide improved 360-degree visual quality to keep an eye on payload in and around trailers New for the 2022 model year, Ram is adding to its tech title with the integration of the award-winning Uconnect 5 system.
- 09/01/2021
|
Ram, Dodge Rank 1-2 in J.D. Power IQS, Jeep® Rise Puts Three Stellantis Brands in Top Quartile
- AUBURN HILLS, Mich., Aug. 31, 2021 /PRNewswire/ -- Ram places first among 32 competitors; only truck-exclusive brand ever to claim top spot in J.D.
- 08/31/2021
|
Dodge Family of Racers Takes to the Staging Lanes for the Dodge//SRT NHRA U.S. Nationals
- AUBURN HILLS, Mich., Aug. 31, 2021 /PRNewswire/ -- The National Hot Rod Association's (NHRA) cornerstone and world's biggest drag-racing competition, the Dodge//SRT U.S. Nationals in Indianapolis, is set to take place September 1-5 at Lucas Oil Raceway In early 2021, Dodge//SRT (Street and Racing Technology) performance brands announced the addition of the oldest and most prestigious drag-racing event to their portfolio of event title sponsorships with a multiyear deal 2016 U.S. Nationals winner Matt Hagan and his Don Schumacher Racing (DSR) Dodge Charger SRT Hellcat Redeye come to Indianapolis with two wins this season, the Funny Car points lead and is ready for the final regular season race before the Countdown to the Championship playoff series begins DSR pilot Leah Pruett aims to take her Dodge//SRT Redeye Top Fuel Dragster a step further after finishing runner-up in 2020 at the "Big Go" and repeating her 2018 Factory Stock Showdown (FSS) win as she looks to double up on hardware DSR will campaign three new 2021 Dodge Challenger Mopar Drag Pak entries in Factory Stock Showdown, with Pruett looking to repeat her 2018 Indy victory Dodge HEMI® Challenge marks its 20th anniversary as a specialty race at the 2021 Dodge//SRT NHRA U.S. Nationals The National Hot Rod Association (NHRA) Camping World Series is gearing up for its cornerstone event, the 67th edition of the Dodge//SRT U.S. Nationals, with drag racers from across the country and various parts of the world getting ready to hit the staging lanes at Lucas Oil Raceway near Indianapolis, Indiana, September 1-5.
- 08/31/2021
|
Stellantis' Production Hit By Semiconductor Chip Crisis: Reuters
- Stellantis NV (NYSE: STLA) has extended production holidays at multiple European plants due to the semiconductor chip crisis, Reuters reports. Stellantis' plants at Rennes and Sochaux in France and the Eisenach plant in Germany, which produce light commercial vehicles, underwent production holidays last week.
- 08/30/2021
|
Stellantis extends output halts at several European car plants on chip shortage
- Carmaker Stellantis has extended this week production halts at several plants in Europe due to a shortage in microchips, a spokeswoman for Stellantis said on Monday.
- 08/30/2021
|
Stellantis production at Italy's Sevel plant to be suspended over chip shortage
- Production at a Stellantis plant in Italy making light commercial vehicles will be halted next week due to a semiconductor shortage, a spokesperson for the carmaker said on Friday, confirming a trade union statement.
- 08/27/2021
|
XL Fleet To Electrify Stellantis' Ram 2500 And 3500 Trucks
- XL Fleet Corp (NYSE: XL) plans to offer its hybrid electric drive system for Ram 2500 and 3500, Stellantis NV's (NYSE: STLA) line of heavy-duty pickup trucks. The XLH system represents the company's first electrification product to be available for Ram Commercial.
- 08/26/2021
|
Jeep® Brand Debuts Tuscadero Exterior Paint Color to Showcase a Passionate Side to Any Wrangler
- AUBURN HILLS, Mich., Aug. 26, 2021 /PRNewswire/ -- Tuscadero joins the Jeep® Wrangler exterior color palette for the first time Now open for orders, the newest color straight from the factory is available for a limited time on Wrangler Sport, Sahara, Rubicon, 4xe and 392 models With a nod to nostalgia and to honor those with a passionate spirit, the Jeep® brand is adding the bold, head-turning Tuscadero exterior paint color to 2021 Jeep Wrangler models.
- 08/26/2021
|
'We assume that things will not get worse,' says Stellantis CEO on chip shortage
- Carlos Tavares discusses the company's first-half earnings and upgraded guidance amid a growing order book and beyond the semiconductor shortage.
- 08/18/2021
|
Stellantis ups full-year target after strong first half despite global chip shortage
- CNBC's Charlotte Reed reports on better-than-expected first-half results at Stellantis, prompting the owner of Jeep, Peugeot, Chrysler and Maserati to increase its operating income margin guidance for the year. It comes despite the semiconductor shortage hitting the industry.
- 08/18/2021
|
Automaker FCA US admits paying off union leaders; fined $30M
- A federal judge fined FCA US $30 million on Tuesday after the automaker admitted that it paid off United Auto Workers leaders to try to win concessions in negotiations covering thousands of factory workers.
- 08/17/2021
|
Back With a Vengeance: Sixth Edition of 'Roadkill Nights Powered by Dodge' Brings Race Fans Back to Woodward Avenue
- AUBURN HILLS, Mich., Aug. 16, 2021 /PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge marks thrilling return after one-year hiatus with 38,000 enthusiasts filling M1 Concourse in Pontiac, Michigan Gearheads and performance lovers gather again to witness street-legal drag racing on historic Woodward Avenue Automotive builder/personality Alex Taylor claims Hellcat Grudge Race bragging rights after her defeat of Eric Malone, star of MotorTrend's series "Fastest Cars in the Dirty South" Big Tire and Small Tire Classes saw 110 competitors battling for bragging rights and cash prizes totaling $30,000 on the unique 1/8-mile Woodward Avenue drag strip James Pranis (Big Tire – 1968 Dodge Charger) and Peter Bokedon (Small Tire – 1972 Dodge Dart) repeat as Quickest Dodge winners after victories at 2019 Roadkill Nights Powered by Dodge event Jimmer Kline races his 1966 Chevy Acadian to second consecutive overall Big Tire class crown Nicholas Taylor drives 2000 Mustang to overall Small Tire victory Event replay and post-event coverage available at DodgeGarage.com Additional event coverage and behind-the-scenes content to air on two half-hour Roadkill Nights specials on MotorTrend TV and an hour-long episode of MotorTrend's Roadkill TV series Back after a one-year hiatus, MotorTrend Presents Roadkill Nights Powered by Dodge staged a thrilling return to Woodward Avenue on Saturday, August 14, drawing 38,000 performance enthusiasts to M1 Concourse in Pontiac, Michigan, for the popular festival of street-legal drag racing.
- 08/16/2021
|
EV News Dominates Headlines
- Electric vehicle (EV) news has been dominating headlines for the past few weeks. Between President Joe Biden's new EV executive order, EV sales surging in China and NIO's (NYSE:NIO) latest earnings announcements, there is quite a lot to talk about right now.
- 08/16/2021
|
Can Detroit Really Make Half Its Vehicles Electric by 2030?
- A certain upcoming pickup truck might be the key to making it happen.
- 08/13/2021
|
What Did the Stock Market Do Today, Aug. 10? 3 Big Stories to Catch Up On.
- So what did the stock market do today? All eyes were on electric vehicle stocks like LCID, FSR and ZEV stock thanks to a few big catalysts.
- 08/10/2021
|
7 Consumer Discretionary Stocks to Buy That Are Booking Record Profits
- All kinds of companies have been reporting record profits in recent weeks. Here are seven of the best consumer discretionary stocks to buy.
- 08/10/2021
|
What Will the Stock Market Do Today? 3 Big Stories to Watch.
- So what will the stock market do today? All eyes are on EV stocks like TSLA and LCID, as well as legacy automakers F, GM and STLA.
- 08/06/2021
|
It's Electric: There's No Turning Back, Says Biden
- Aug.05 -- President Joe Biden wants half of all vehicles sold in the U.S. to be emissions-free by the end of the decade. He spoke at the White House.
- 08/05/2021
|
Dodge Brand, Sony Pictures Consumer Products and 2006 'Talladega Nights: The Ballad of Ricky Bobby' Come Together Again to Launch All-new Commercial, 'Life Lessons,' as Original Film Marks Its 15th Anniversary
- AUBURN HILLS, Mich., Aug. 5, 2021 /PRNewswire/ -- 60-second video from the Dodge brand, "Life Lessons," takes another page from the 2006 film "Talladega Nights: The Ballad of Ricky Bobby" Dodge spot features Gary Cole, reprising his role as Reese Bobby, imparting "Life Lessons" using the road as his classroom with son Ricky Bobby and his pal Cal Jr. "Life Lessons" debuts across television and digital channels beginning today, Thursday, August 5 Sony Music Entertainment and AC/DC provide the video's music soundtrack with "Shot in the Dark" (originally released in the Dodge brand's "Family Motto" campaign) "Life Lessons" draws from Sony Pictures' "Talladega Nights: The Ballad of Ricky Bobby" and features brands from the film, including MTN DEW, Wonder Bread, Old Spice and Applebee's "Talladega Nights: The Ballad of Ricky Bobby" marks its 15th anniversary this week (August 4, 2006) As the "Talladega Nights: The Ballad of Ricky Bobby" marks its official 15th anniversary this week, Dodge is following up the brand's hit 2020 "Family Motto" initiative with the all-new "Life Lessons" campaign.
- 08/05/2021
|
U.S. automakers to say they aspire to up to 50% of EV sales by 2030 - sources
- Detroit's Big Three automakers plan to announce on Thursday that they aspire to have 40% to 50% of new vehicle sales by 2030 be electric models, sources briefed on the matter said.
- 08/04/2021
|
The Top 10 Stocks to Buy According to Analysts
- Healthy markets have made it hard to find stocks to buy that analysts have real conviction about. Here are 10 that make the cut.
- 08/04/2021
|
Stellantis NV (STLA) CEO Carlos Tavares on Q2 2021 Results - Earnings Call Transcript
- Stellantis NV (STLA) CEO Carlos Tavares on Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
|
Stellantis Reports Strong 1H Results; Raises FY21 Adjusted Operating Income Margin Outlook
- Stellantis NV (NYSE: STLA) reported the first half FY21 Pro Forma net revenue growth of 45.8% year-on-year, to €75.3 billion. On Pro Forma basis, North America revenue rose 42% Y/Y to €32.4 billion, South America increased 125.2% to €4.9 billion, Europe 41% to €32 billion, Middle East & Africa rose 45% to €2.5 billion, China & Indo Pacific grew 56.9% to €1.9 billion.
- 08/03/2021
|
Auto giants BMW and Stellantis return to profit in first half, but remain wary on semiconductor shortage
- Auto giants Bayerische Motoren Werke AG (BMW) and Stellantis NV both reported a return to profit in the first half despite global Coronavirus restrictions and the shortage of semiconductor components. BMW reported record first-half vehicle sales and a 40% increase versus the same period in 2020.
- 08/03/2021
|
Stellantis lifts profitability target after better first half revenue, profit
- Stellantis lifts profitability target after better first half revenue, profit
- 08/03/2021
|
Stellantis ups FY profit margin target after solid H1 results
- Carmaker Stellantis said on Tuesday it was raising its full-year target on its adjusted operating profit margin to around 10% after strong financial results in the first half, which included record margins in North America.
- 08/03/2021
|
MEDIA ADVISORY: 'Roadkill Nights Powered by Dodge' Press Preview
- AUBURN HILLS, Mich., July 28, 2021 /PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge will be held for the sixth year in Pontiac, Michigan, kicking off metro Detroit's weeklong celebration of American car culture with a full day of sanctioned legal street racing on historic Woodward Avenue, Saturday, August 14 Media-only preview, featuring interview opportunities with Dodge executives, Roadkill and MotorTrend stars and online automotive personalities scheduled for Friday, August 13 Thousands of automotive enthusiasts will return to Woodward Avenue during this year's ultimate festival of legal street racing on Saturday, August 14.
- 07/28/2021
|
Jeep® Brand Extends Gecko Paint Color and Factory JPP Gorilla Glass Windshield to Gladiator and Wrangler
- AUBURN HILLS, Mich., July 28, 2021 /PRNewswire/ -- Gecko, currently available for Jeep® Wrangler lineup, also joins Gladiator palette New $95 U.S. MSRP Jeep Performance Parts (JPP) windshield with Corning Gorilla Glass offers a tough upgrade for Gladiator and Wrangler directly from the factory The Jeep® brand is adding the eye-catching Gecko exterior paint color and the tough JPP Gorilla Glass windshield to both the 2021 Jeep Gladiator and 2021 Jeep Wrangler models.
- 07/28/2021
|
Stellantis to produce Fiat Scudo van in Russia
- Stellantis will produce Fiat Scudo light commercial vehicles in Russia and export them to other markets, the global carmaker said.
- 07/21/2021
|
Stellantis picks Alexa Automotive's Curic as its technology boss
- Carmaker Stellantis said on Tuesday that Amazon Alexa Automotive's Ned Curic would become its new chief technology officer, to manage all the group's information technology resources.
- 07/20/2021
|
Ram Truck Store by Amazon Gives Enthusiasts an Opportunity to Buy Branded Merchandise
- AUBURN HILLS, Mich., July 19, 2021 /PRNewswire/ -- Expanding upon the brand's "Built to Serve" motto, the Ram Truck brand is serving customers once again with the launch of the Ram Truck Store by Amazon, bringing hundreds of options for authentic licensed gear and merchandise to Ram Truck enthusiasts.
- 07/19/2021
|
The EU's World-Leading Climate Plan Is Crucial for EVs. Buy These 8 Stocks.
- The European Union unveiled plans this week to effectively ban new sales of gasoline-powered cars by 2035.
- 07/15/2021
|
Jeep® Brand Celebrates 80 Years by Building an Electric Present and Future
- AUBURN HILLS, Mich., July 15, 2021 /PRNewswire/ -- On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep® vehicle.
- 07/15/2021
|
Jeep® Wrangler Unleashes $3,995 Xtreme Recon Package with 35-inch Tires at 2021 Chicago Auto Show
- AUBURN HILLS, Mich., July 14, 2021 /PRNewswire/ -- Jeep® Wrangler Xtreme Recon package offers 35-inch tires straight from the factory, delivering best-in-class approach angle, departure angle, ground clearance and water fording capability Customer orders now open for Xtreme Recon Package, with production starting at the Toledo (Ohio) Assembly Plant in August Industry-first 100:1 crawl ratio from the factory available for order on the Wrangler Rubicon later this year New Sunrider Flip Top for Hardtop offers an appealing option for iconic open-air freedom from Wrangler Today at the 2021 Chicago Auto Show, the Jeep® brand demonstrated again its legendary 4x4 capability, go-anywhere attitude and open-air freedom, announcing two updates to the 2021 Wrangler, including the new Xtreme Recon Package with 35-inch tires and Sunrider Flip Top for Hardtop.
- 07/14/2021
|
Stellantis Follows The Same EV Strategy As Other Automakers
- The main auto market players have already announced their big plans supporting their EV strategies. General Motors (NYSE: GM) increased the investment plan in the electric and autonomous car segment for the second time, so now the company plans is to invest an incredible $35 billion until 2025.
- 07/13/2021
|
Stellantis: An Underestimated EV Transition
- Stellantis addresses the significant EV overhang on its stock at its EV Day event. The EV targets suggest a more profitable future, helped by its four dedicated BEV platforms.
- 07/13/2021
|
Dodge//SRT Ready to Rumble in the Rockies at Dodge//SRT Mile-High Nationals Presented by Pennzoil
- AUBURN HILLS, Mich., July 13, 2021 /PRNewswire/ -- Dodge//SRT and Mopar brands return to Bandimere Speedway July 16-18 as title sponsors of the National Hot Rod Association (NHRA) Camping World Drag Racing Series event, Dodge//SRT Mile-High Nationals Presented by Pennzoil, held near Denver, Colorado Spanning four decades, the brands' partnership with Bandimere Speedway is the longest active and continuous title sponsorship in all of motorsports and the second of five NHRA national events with Dodge//SRT and Mopar headline support in 2021 Reigning Funny Car World Champion Matt Hagan will work to earn a coveted first Wally trophy from the Dodge//SRT Mile-High NHRA Nationals aboard his Don Schumacher Racing (DSR) Dodge Charger SRT Hellcat Redeye Funny Car Leah Pruett seeks to wheel her DSR Mopar Dodge//SRT Redeye Top Fuel dragster to a repeat performance of her 2018 successful run from No.
- 07/13/2021
|
Stellantis Earns a Top Score on the Disability Equality Index
- AUBURN HILLS, Mich., July 13, 2021 /PRNewswire/ -- Comprehensive benchmarking assessment administered by Disability:IN and The American Association of People with Disabilities Considered "the most robust disability inclusion assessment tool in business" Recognized as one of the "Best Places to Work for Disability Inclusion" Acknowledgement adds to impressive list of diversity and inclusion honors Stellantis has earned in 2021 Stellantis has earned a top score on the annual Disability Equality Index (DEI), a comprehensive benchmarking tool that helps companies build focused and measurable strategies that support disability inclusion and equality in the workplace.
- 07/13/2021
|
Tesla and these other stocks should be boosted as a key electric-vehicle subsidy gets extended, says UBS
- The extension of generous purchase subsidies in one of the world's most critical markets for electric vehicles should boost Tesla stock as well as shares in Volkswagen, analysts at Swiss bank UBS said.
- 07/12/2021
|
The Jeep® Grand Cherokee L 'Wildly Civilized' Marketing Campaign Launches Across Television, Social and Digital Channels
- AUBURN HILLS, Mich., July 12, 2021 /PRNewswire/ -- "Wildly Civilized" campaign launches across broadcast, social and digital platforms, including a dedicated television spot during high-profile sports coverage through July and August Rooted in a legacy of Jeep® 4x4 capability, luxury and advanced technologies, and loaded with Grand Cherokee firsts, the all-new 2021 Jeep Grand Cherokee L, now with seven-passenger seating, delivers an exceptional customer experience The all-new 2021 Jeep Grand Cherokee L is arriving in dealerships across the country now The Jeep® brand is launching its new marketing campaign "Wildly Civilized" for the all-new 2021 Jeep Grand Cherokee L.
- 07/12/2021
|
STLA Finally Joins the EV Race: Is That Enough to Bet on the Stock?
- Stellantis (STLA) joins the EV party late and will take time to catch up with peers. Retain the stock in your portfolio for long-term rewards.
- 07/12/2021
|
Stellantis in lithium supply deals with California, German firms -sources
- Stellantis, the world's fourth-largest automaker with brands that include Jeep and Peugeot, has signed memorandums of understanding for lithium supply with geothermal brine projects in California and Germany, according to two sources.
- 07/09/2021
|
Stellantis just made an 'aggressive' $35.5 billion commitment to electric vehicles
- Stellantis, the giant automaker formed by the merger of Fiat Chrysler Automobiles and France's PSA, plans to invest €30 billion, or $35.5 billion, by the end of 2025 to expand its portfolio of electrified vehicles.
- 07/08/2021
|
The Stellantis EV Plan: Is It Profitable?
- Five months into its existence, Stellantis NV (NYSE: STLA) identified a key reason for its merger of French automaker Peugeot and U.S.-Italian giant Fiat-Chrysler: making electric vehicles that are actually profitable. For decades, industry pundits have questioned the logic behind EVs.
- 07/08/2021
|
This key Tesla rival has a $36 billion plan to win the electric-vehicle race. Here's what you need to know
- Stellantis, the world's fourth-largest car maker, announced on Thursday that it would invest more than €30 billion through 2025 as part of an ambitious plan to accelerate on the road to dominating in electric-vehicles.
- 07/08/2021
|
Jeep® Brand Reveals First Images of All-new Electrified 2022 Jeep Grand Cherokee 4xe
- AUBURN HILLS, Mich., July 8, 2021 /PRNewswire/ -- Today, during Stellantis EV Day 2021, the Jeep® brand revealed the first images of its all-new 2022 Jeep Grand Cherokee 4xe plug-in hybrid.
- 07/08/2021
|
Electric Dodge muscle car and Ram pickup part of Stellantis' $35.5 billion EV plans
- The company expects more than 70% of sales in Europe and over 40% in the U.S. to be low emission vehicles (EVs and hybrid electric models).
- 07/08/2021
|
RAM Joins The Cypertruck And The Ford F-150 Lightning EV Truck Party
- Every one of Stellantis' 14 brands will have a full electric car by 2025 as the Paris-based automaking giant announced it would spend €30 billion ($35.54 billion) to catch up on EVs and software by 2025.
- 07/08/2021
|
Stellantis Targets Electric Vehicles With $35.5B Plan: What Investors Need To Know
- Stellantis NV (NYSE: STLA) on Thursday announced an aggressive plan to gain ground in the global electric vehicle market, saying it will spend 30 billion euros ($35.5 billion) by 2025 to add EVs with between 300 miles and 500 miles of range. A new Ram electric pickup is a highlight of the plan, slated for 2024 introduction.
- 07/08/2021
|
Stellantis Intensifies Electrification While Targeting Sustainable Double-digit Adjusted Operating Income Margins in the Mid-term
- AMSTERDAM, July 8, 2021 /PRNewswire/ -- Plans to invest more than €30 billion through 2025 in electrification and software, while continuing to be the automotive efficiency frontrunner, with investment efficiency 30% better than industry average Targeting over 70% of sales in Europe and over 40% in the United States to be low-emission vehicles (LEV) by 2030 All 14 brands committed to offering best-in-class fully electrified solutions Delivering battery-electric vehicles (BEVs) that meet demands of customers, with ranges of 300-500 miles (500-800 km) and class-leading fast charging capability of 20 miles (32 km) per minute Four flexible BEV-by-design platforms, scalable family of three electric drive modules and standardized battery packs to cover all brands and segments Platforms designed for long life via software and hardware upgrades Global electric vehicle (EV) battery sourcing strategy of over 260GWh by 2030, supported by five "gigafactories" between Europe and North America Plans include dual battery chemistries: a high energy-density option and a nickel cobalt-free alternative by 2024 Solid state battery technology introduction planned in 2026 Today, Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) presented a comprehensive electrification strategy that delivers exciting, class-leading vehicles for the company's iconic brands, while leveraging in-house expertise, partnerships and joint ventures to deliver advanced technology at affordable prices.
- 07/08/2021
|
Stellantis has been noticeably quiet on plans to build EVs
- While almost every automaker int he world has plans to develop electric vehicles, Stellantis has been noticeably quiet about building EVs. CNBC's Phil LeBeau reports.
- 07/08/2021
|
Stellantis says H1 margin expected to top annual target of 5.5%-7.5%
- Stellantis said on Thursday its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5%-7.5%, despite production losses due to a global shortage of semiconductor supplies.
- 07/08/2021
|
Ram 1500 Laramie G/T and Rebel G/T Highlight 2022 Ram Truck Lineup
- AUBURN HILLS, Mich., July 7, 2021 /PRNewswire/ -- 2022 Ram 1500 Laramie G/T and Rebel G/T models offer enthusiasts customized performance features straight from the factory Standard performance highlights include a cold-end exhaust, cold-air intake, performance pages, paddle shifters and a console-mounted performance floor shifter Ram 1500 Laramie G/T and Rebel G/T models available starting in the third quarter of 2021 Ram today announced it is expanding its light-duty lineup with the additions of the new 2022 Ram 1500 Laramie G/T and Ram 1500 Rebel G/T models.
- 07/07/2021
|
ETF & Stocks to Ride on Auto Industry Strength
- The U.S. auto industry has been showing strength as the economy reopens and more people shift to private conveyance due to the COVID-19 pandemic.
- 07/06/2021
|
Vauxhall owner Stellantis to invest in Ellesmere Port car factory's electric switch
- Stellantis, the maker of Vauxhall, Peugeot and Citroën vehicles, said it will invest £100mln alongside a subsidy from the UK government to adapting its factory in Cheshire to produce electric cars and vans. The Ellesmere Port plant will become the European carmaker's “first manufacturing site dedicated to battery electric LCV (vans) and passenger car models”.
- 07/06/2021
|
US Q2 Sales Continue to Forge Ahead Despite Inventory Dearth
- While U.S. car sales continue to shoot up, the lean inventory at dealerships is cooling down the pace of the auto industry's recovery.
- 07/05/2021
|
The Stellantis EV day is coming. Here's what to know.
- Bank of America analysts said the EV Day event was a chance for Stellantis to better explain its strategy to investors, adding that it could also reduce the stock's valuation discount.
- 07/05/2021
|
Fed Minutes, Levi's Earnings, Stellantis EV Day, and Other Things to Watch This Week
- Companies reporting or hosting investor days this week include Levi Strauss and Stellantis. Plus, FOMC minutes, June Services PMI, G20 meeting, and May JOLTs.
- 07/04/2021
|
Jeep® Brand Is Recognized as America's 2021 "Most Patriotic Brand"
- AUBURN HILLS, Mich., July 2, 2021 /PRNewswire/ -- The Jeep® brand retains No.
- 07/02/2021
|
Ram Commemorates a Decade of Luxury Pickup Truck Leadership With 2022 Ram 1500 Limited 10th Anniversary Edition
- AUBURN HILLS, Mich., June 29, 2021 /PRNewswire/ -- Ram 1500 Limited 10th Anniversary Edition joins the lineup for 2022 Ram 1500 Limited debuted in 2012 as the no-compromise benchmark for interior comfort and refinement Class-leading interior with premium materials: real wood, leather and metal trim 2022 Ram 1500 is the benchmark for performance, capability, technology and luxury Ram today is commemorating a decade of luxury pickup truck leadership by introducing the new 2022 Ram 1500 Limited 10th Anniversary Edition.
- 06/29/2021
|
New Jeep® Wrangler Xtreme Recon Package Takes 4x4 Capability to New Levels
- AUBURN HILLS, Mich., June 25, 2021 /PRNewswire/ -- Jeep® Wrangler Xtreme Recon package offers 35-inch tires straight from the factory; further improving approach angle, departure angle, ground clearance and water fording capability Customer orders now open with production at the Toledo (Ohio) Assembly Plant starting in August Industry-first 100:1 crawl ratio from the factory will be available for ordering on the Wrangler Rubicon later this year Jeep® 4x4 capability is legendary, and the brand continues its leadership position as the most capable 4x4 in the world.
- 06/25/2021
|
Are Investors Undervaluing Stellantis (STLA) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/21/2021
|
All-new 2021 Jeep® Grand Cherokee L Shipping to Dealers
- DETROIT, June 21, 2021 /PRNewswire/ -- The 2021 Jeep® Grand Cherokee L is heading to dealers across the country today. The all-new version of the legendary full-size SUV, now equipped with three rows of seats, is built at Stellantis' Detroit Assembly Complex - Mack plant on three shifts by more than 4,900 UAW-represented employees.
- 06/21/2021
|
7 Value Stocks With Discounted PEG to Buy Now
- Here are seven stocks that qualified the screening, STLA, SNA, LPL, PTR, SANM, ARCB, and ON.
- 06/21/2021
|
Mopar Names DSR Performance as Distributor of Officially Licensed Engine Parts for Dodge Challenger Mopar Drag Paks, Online Ordering and At-track Support Now Available
- AUBURN HILLS, Mich., June 17, 2021 /PRNewswire/ -- Catalog of specialty Mopar engine parts for the Dodge Challenger Mopar Drag Pak is available now for online ordering DSR Performance also offers on-site parts and tuning consultation services for sportsman racers competing at all National Hot Rod Association (NHRA) national events Agreement is an extension of the relationship that officially began in 2003 between Mopar, Dodge//SRT and Don Schumacher Racing (DSR) Mopar has named Don Schumacher Racing (DSR) Performance as the supplier of officially licensed engine components for the 2015 and 2021 Dodge Challenger Mopar Drag Pak.
- 06/17/2021
|
Automotive Stocks: Overheated or Underappreciated?
- Many people looking into buying a new automobile in 2021 have run into at least one scenario where the model they are looking for simply isn't available for purchase.
- 06/16/2021
|
Rome wants Stellantis to build battery plant in Italy - industry minister
- Italy's government expects carmaker Stellantis will build in Italy its third electric battery plant in Europe, Industry Minister Giancarlo Giorgetti said on Wednesday, the day after he met the company and unions.
- 06/16/2021
|
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Stellantis (STLA)
- Stellantis (STLA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/16/2021
|
Top Ranked Momentum Stocks to Buy for June 15th
- Top Ranked Momentum Stocks to Buy for June 15th
- 06/15/2021
|
Stellantis has not yet decided where to build third battery plant in Europe - Italy minister
- Carmaker Stellantis has not yet decided where to build its third electric battery plant in Europe on top of those planned in France and Germany, Italy's Industry Minister Giancarlo Giorgetti said on Tuesday.
- 06/15/2021
|
Stellantis to produce 4 electric vehicles at Italy's Melfi plant from 2024 - UILM union
- Stellantis will produce four medium-segment electric vehicles at its Melfi plant in southern Italy from 2024, the UILM union said on Tuesday, after workers' representatives met with the carmaker at Italy's industry ministry.
- 06/15/2021
|
New Strong Buy Stocks for June 15th
- New Strong Buy Stocks for June 15th
- 06/15/2021
|
Stellantis' (STLA) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Stellantis N.V. (STLA).
- 06/15/2021
|
Stellantis Pulls Legendary Italian Brand Lancia Back From The Brink
- Franco-Italian-American powerhouse Stellantis will try to revive Lancia, one of the most shamefully neglected automotive brands in the world, by parachuting in its own chief design officer.
- 06/14/2021
|
Is Stellantis N.V. (STLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- Is (STLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- 06/11/2021
|
'Roadkill Nights Powered by Dodge' Returns Saturday, Aug. 14 -- A Homecoming for Legal Street Racing
- AUBURN HILLS, Mich., June 10, 2021 /PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge will be held for the sixth year in Pontiac, Michigan, kicking off metro Detroit's weeklong celebration of the American car culture High-octane excitement with a full day of sanctioned legal street racing on historic Woodward Avenue, August 14, 2021 A series of exhilarating interactive experiences, including thrill and drift rides in Dodge Challenger and Charger SRT Hellcats in two locations, immersive activations and exclusive insider access celebrating the return of legal street racing New celebrity showdown format with Eric Malone, star of MotorTrend's series "Fastest Cars in the Dirty South," racing against four popular automotive social media influencers Stay tuned for Roadkill Nights event information and drag racing applications at hotrod.com/events/roadkillnights Returning to kick off cruise week for 2021, MotorTrend Presents Roadkill Nights Powered by Dodge is back with legal street drags on iconic Woodward Avenue.
- 06/10/2021
|
France's Citroen charged with consumer fraud over dieselgate probe
- Carmaker Stellantis said on Thursday that its French Citroen unit had been charged with consumer fraud by French prosecutors in a far-reaching diesel emissions probe.
- 06/10/2021
|
Statement on Diesel Emissions Investigation in France
- Amsterdam, June 9, 2021 - As part of the judicial investigations of several automakers commenced in 2016 and 2017, Automobiles Peugeot S.A., a wholly owned subsidiary of Stellantis N.V., was placed today under examination by the Judicial Court of Paris on allegations of consumer fraud in connection with the sale of Euro 5 diesel vehicles in France between 2009 and 2015.
- 06/09/2021
|
Here's Why Momentum in Stellantis (STLA) Should Keep going
- Stellantis (STLA) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
- 06/09/2021
|
7 Legacy Auto Stocks That Could Knock Tesla From Its EV Throne
- While Tesla currently dominates the discussion for electric vehicles, these legacy auto stocks could offer surprising competition. The post 7 Legacy Auto Stocks That Could Knock Tesla From Its EV Throne appeared first on InvestorPlace.
- 06/08/2021
|
Is U.S. Auto Industry Growth Story Likely to be Cut Short?
- Many automakers are going to find it difficult to rapidly restore inventories amid supply chain distortions, which may cause speed bumps in overall U.S. vehicle sales through the peak summer season.
- 06/08/2021
|
Is Stellantis (STLA) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/04/2021
|
Stellantis Kicks Off Detroit's Greenest Initiative, $1 Million Community Initiative to Boost City's East Side
- DETROIT, June 3, 2021 /PRNewswire/ -- As part of a comprehensive three-year, $1 million effort to support eastside neighborhoods around the Detroit Assembly Complex, Stellantis today launched Detroit's Greenest Initiative, the company's plan to make Detroit's east side the most environmentally friendly neighborhood. Biodiversity and environmental upgrades coming to neighborhood stormwater park Community pavilion installation scheduled for fall 2021 State-of-the art air monitoring station, completed in late 2020, is providing local air quality data to the state of Michigan Detroit's Greenest Initiative was announced during the groundbreaking for a new neighborhood education pavilion, located at the stormwater park on the corner of Kercheval Avenue and Beniteau Street.
- 06/03/2021
|
Stellantis discussing conditions with Rome to build gigafactory in Italy - source
- Stellantis is discussing conditions with Rome to build a gigafactory in Italy as part of the carmaker's plan to support its expansion into electric mobility, a source close to the matter said on Tuesday.
- 06/01/2021
|
Jeep® Offers Special-edition Freedom Models for 2021 Across the Entire Lineup as a Tribute to U.S. Military
- AUBURN HILLS, Mich., May 28, 2021 /PRNewswire/ -- Jeep® offers a full lineup of Freedom special editions, with military-themed exterior and interior design cues, to honor servicemen and servicewoman Jeep brand will make a $250 donation to the USO with every Freedom edition sold Jeep Wave® customer service program comes standard with all new Jeep models and includes premium benefits such as worry-free maintenance, same-day vehicle rentals, 24/7 roadside assistance and dedicated owner support The Jeep® brand is expanding the Freedom edition to every vehicle in its iconic 4x4 lineup.
- 05/28/2021
|
Auto lenders are becoming more aggressive: Expert
- Jonathan Smoke, Cox Automotive chief economist, and CNBC's Phil LeBeau join 'The Exchange' to discuss the increased aggressiveness of auto lenders as more Americans seek out used cars. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 05/27/2021
|
Dodge//SRT Brand and The LEGO Group Launch New LEGO® Speed Champions Mopar Dodge//SRT Top Fuel Dragster and 1970 Dodge Challenger Building Set
- AUBURN HILLS, Mich., May 27, 2021 /PRNewswire/ -- Official Dodge vehicle color Plum Crazy captured in first purple vehicle – a 1970 Dodge Challenger T/A – in LEGO Speed Champions series Building set features the first Top Fuel Dragster and the first muscle car in 8-wide (8W) scale in LEGO Speed Champion series Dodge brand enthusiasts can order building set beginning June 1 on LEGO.com Dodge and The LEGO Group have announced a second LEGO Speed Champions collaboration pairing the two iconic brands.
- 05/27/2021
|
Has Stellantis N.V. (STLA) Outpaced Other Auto-Tires-Trucks Stocks This Year?
- Is (STLA) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- 05/26/2021
|
Recent Price Trend in Stellantis (STLA) is Your Friend, Here's Why
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Stellantis (STLA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 05/24/2021
|
Stellantis to restructure dealers network to face industry changes
- Carmaker Stellantis will completely restructure its European dealers network as it seeks to adapt to changes in the industry brought by electrification, including a boom in online sales, and achieve promised post-merger synergies.
- 05/20/2021
|
Stellantis, Foxconn Team On In-Vehicle User Experience
- Stellantis and Foxconn have signed an agreement to form Mobile Drive, which will work on new in-vehicle user experiences, the companies announced in a press release. The new tech will come with advanced consumer electronics, HMI interfaces and services that will boost consumer expectations.
- 05/19/2021
|
New Strong Buy Stocks for May 19th
- New Strong Buy Stocks for May 19th
- 05/19/2021
|
Is Stellantis (STLA) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/19/2021
|
Mopar and Dodge//SRT Entries Have High-Horsepower Hopes Heading to Houston for Mopar Express Lane NHRA SpringNationals Presented by Pennzoil
- AUBURN HILLS, Mich., May 18, 2021 /PRNewswire/ -- The National Hot Rod Association (NHRA) Camping World Drag Racing Series makes its fifth stop of the 2021 season at Houston Raceway Park for the Mopar Express Lane SpringNationals Presented by Pennzoil May 21-23 This weekend's Houston race is the first of five NHRA national events with Mopar and Dodge//SRT title sponsorship support in 2021 Reigning Funny Car World Champ Matt Hagan comes to Houston fourth in points, one spot ahead of Don Schumacher Racing (DSR) teammate Ron Capps in fifth as both HEMI®-powered drivers chase their first national event wins of the year Funny Car veteran Cruz Pedregon looks to build on last weekend's semifinal performance at the NHRA Four-Wide Nationals in Charlotte and the steady progress his team has made with the Snap-On Tools Dodge Charger SRT Hellcat through the first four races of the 22-event NHRA season Leah Pruett is ready to battle for wins at Houston aboard her DSR Top Fuel dragster with Pennzoil/Mopar primary branding and behind the wheel of her new 2021 Dodge Challenger Mopar Drag Pak in the second of the eight-race NHRA Factory Stock Showdown series The National Hot Rod Association (NHRA) Camping World Drag Racing Series is headed to Texas this week for the 34th annual Mopar Express Lane SpringNationals Presented by Pennzoil, returning to its original early-season date at Houston Raceway Park after a rescheduled fall edition took place last October.
- 05/18/2021
|
Why The Foxconn And Stellantis Mobile Drive Collaboration Is Important
- Hon Hai Precision Industry Co., Ltd. (OTC: HNHPF), better known as Foxconn, is plunging deep into the EV arena by striking multiple partnerships, while it strives to diversify its revenue streams.
- 05/18/2021
|
Foxconn's electric car ambitions just got another boost with Stellantis deal
- Foxconn is partnering with automaker Stellantis to develop technology for vehicle cockpits, in the latest sign of the iPhone maker's ambitions to grow in electric car manufacturing.
- 05/18/2021
|
Stellantis, Foxconn to form JV for connectivity solutions
- Carmaker Stellantis and iPhone assembler Foxconn said on Tuesday they plan to create a joint-venture that will supply in-car and connected-car technologies.
- 05/18/2021
|
Stellantis Brings Multiple Exhibits and Driving Experiences to the 2021 Houston Auto Show
- HOUSTON, May 17, 2021 /PRNewswire/ -- Alfa Romeo to showcase the 2021 model-year Stelvio and Giulia, both featuring best-in-class performance and seductive Italian style now coupled with premium interior enhancements 2021 Chrysler Pacifica Hybrid minivan offers unprecedented functionality and style for buyers Dodge brand display showcases full lineup of muscle cars and SUVs that deliver unrivaled performance, including the Challenger, Charger and Durango FIAT brand display features the fun-to-drive, small crossover 2021 Fiat 500X Jeep® brand showcases three new additions to its award-winning lineup, including the all-new 2021 Grand Cherokee L, Wrangler 4xe, Wrangler Rubicon 392 and Gladiator Texas Trail edition Ram Truck display showcases the 2021 Ram 1500 TRX, the apex predator of the truck world Wagoneer returns as a premium extension of the Jeep brand while continuing its legacy as the original premium SUV Stellantis rolls into the Houston Auto Show on May 19 with a variety of displays and interactive experiences, featuring Alfa Romeo, Chrysler, Dodge//SRT, FIAT, Jeep®, Ram and Wagoneer brand vehicles. Alfa Romeo Brand The 2021 Alfa Romeo Giulia midsize sedan and Stelvio SUV embody Alfa Romeo's "la meccanica delle emozioni" (the mechanics of emotion) spirit, delivering race-inspired performance with seductive Italian style, advanced technologies and available all-wheel-drive (AWD) systems.
- 05/17/2021
|
Stellantis, Foxconn To Elaborate On Newly Formed Partnership
- Jeep maker Stellantis NV (NYSE: STLA), Apple Inc's (NASDAQ: AAPL) iPhone assembler Foxconn Technology Co Ltd (OTC: FXCOF), along with subsidiary FIH Mobile Ltd (OTC: FXCNF) (OTC: FXCNY), will announce a new strategic partnership on May 18, 2021, via the link. The new partnership may be focused on the collaboration on a smart cockpit or in-car digital services.
- 05/17/2021
|
Stellantis Gives Its Alfa Romeo, Lancia And DS Brands One Last Chance
- Struggling Stellantis premium brands Alfa Romeo, DS and Lancia have been given a 10-year sink-or-swim window by CEO Carlos Tavares.
- 05/17/2021
|
