Stellantis NV
5 things to know before the stock market opens Tuesday
Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Taking the economy’s temperature New inflation numbers are in, and while they’re still high, they’re cooling off.Year over year, November’s […]
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Electric Ford F-150 Lightning named MotorTrend’s truck of the year
2022 Ford F-150 Lightning Ford DETROIT – The electric Ford F-150 Lightning on Tuesday was named MotorTrend’s 2023 truck of the year – topping traditional pickups with internal combustion engines from General Motors, Stellantis and Toyota Motor. The prestigious title and accompanying “Golden Caliper” award are highly sought by automakers globally every year. They are […]
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GM, Stellantis rank as worst automakers for fuel efficiency, even amid EV push, EPA says
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-electric future, but its recent vehicle fleet ranked among the least efficient and most polluting in the U.S. automotive industry, according to […]
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Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs
2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28. The more […]
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GM battery plant workers vote to unionize with UAW, a key win for labor as industry shifts to EVs
Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic U.S. presidential nominee and former Vice President Joe Biden speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, U.S., September 9, 2020. Leah Millis | Reuters DETROIT — Workers at a General Motors […]
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Analysts really like these EV-connected shares — and give just one upside of far more than 100%
The electrical car or truck revolution is collecting steam, and though automakers may be an noticeable way to enjoy the boom, the broader offer chain could also give chances to investors. These companies span battery makers, chemicals companies and tech, as improved electrification and automation boosts the electronic articles per motor vehicle. The World wide […]
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Autos giant Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On Tuesday, it was announced that the Renault Group and Chinese firm Geely had signed a non-binding framework agreement to establish a company focused on […]
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From Teslas to BMWs, automobiles are piling up on land and at sea in German port of Bremerhaven
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the primary roll on/roll off port in Germany and just one of the major auto hubs in the environment, is enduring gridlock. The mixture of the lack of drivers to transfer containers and automobiles out of the port and large volumes of normal trade […]
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Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer told investors Thursday. The spiking costs of critical raw materials […]
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Ford’s October sales slide 10% amid supply chain issues
Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of […]
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