Stellantis NV
Harris vs. Trump: Auto insiders weigh in on both candidates, top issues
New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs — […]
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Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout Terra pickup truck and Scout Traveler SUV concepts Scout NASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday and announced plans for the brand to expand its lineup to include an emerging type of plug-in hybrid electric vehicle in addition to EV models. Scout, a former American vehicle brand from 1961 […]
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Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, […]
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The solid-state batteries hype is fading – prompting auto giants to consider alternatives
Car batteries at a factory in Nanjing in China’s eastern Jiangsu province. Str | Afp | Getty Images PARIS, France — The push to commercialize solid-state batteries for electric vehicles (EVs) is well underway, but analysts say auto giants could be on the cusp of turning to a different kind of transformative science. Solid-state batteries […]
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Stocks making the biggest moves midday: Tesla, Wells Fargo, JPMorgan Chase, Fastenal and more
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle maker tumbled more than 7% after its robotaxi event underwhelmed investors . Morgan Stanley analysts noted that the event “overall disappointed expectations” due to a lack of details in several areas, including how the company is going to compete […]
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Stocks making the biggest moves premarket: Wells Fargo, JPMorgan, Tesla, Stellantis and more
Check out the companies making headlines in premarket trading. Wells Fargo — Shares of the San Francisco-based lender rose 3%, helped by better-than-expected earnings. Adjusted earnings came in at $1.52 per share, above the consensus estimate of $1.28 based on a survey of analysts by LSEG. However, the bank’s revenue of $20.37 billion came in […]
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Here’s what investors need to know after GM’s capital markets day
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — Wall Street reacted to General Motors’ investor day on Tuesday with a shrug. Executives used the Detroit automaker’s event to focus on broad, near-term updates to the company’s operations in […]
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Stellantis files federal lawsuit against UAW union over strike threats
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has […]
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Ford reveals new 2025 Expedition SUV, including off-road and ‘Ultimate’ models
2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, […]
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Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more
Check out the companies making headlines in midday trading. EVgo — Shares soared nearly 61% after the electric vehicle charger company received a $1.05 billion conditional loan from the Department of Energy. JPMorgan also upgraded EVgo to overweight . Analyst Bill Peterson pointed to EVgo’s utilization rate compared to peers as well as its owner-operator […]
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