Stellantis Sees 70% Profit Plunge in 2024 As It Searches For A New CEO
Stellantis (NYSE: STLA) ended 2024 with net profit down 70% year-over-year, dropping to €5.5 billion from €18.6 billion in 2023,
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Stellantis to Restore 1,500 Jobs at Shuttered Illinois Plant
Italian-American automaker Stellantis unveiled sweeping domestic investment plans Wednesday, pivoting toward US manufacturing operations just days after Chairman John Elkann
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Stellantis and CATL Commit €4.1 Billion to Spanish Lithium Battery Plant
Stellantis (NYSE: STLA) and Contemporary Amperex Technology Co., Limited (CATL) have announced a €4.1 billion joint investment to establish a
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Stellantis CEO Tavares Resigns After Board Dispute
Stellantis NV (NYSE: STLA) Chief Executive Carlos Tavares has stepped down following a dispute with the board over how to
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Stellantis to Cut 1,100 Jobs at Ohio Jeep Plant
Stellantis (NYSE: STLA) announced Wednesday the layoff of approximately 1,100 workers at its Toledo, Ohio facility that produces the Jeep
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Stellantis to Trim Workforce, Offers Buyouts Amid Industry Shift to Electric Vehicles
Stellantis (NYSE: STLA), the parent company of Chrysler, is initiating a new round of cost-cutting measures in response to challenging
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Liberal Forecast Fumble: 20 Years to Break Even on EV Auto Investments?
A recent analysis by the Parliamentary Budget Officer (PBO) has revealed that it will take two decades for the Canadian
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Unifor Union Members Overwhelmingly Support Strike Mandates in Detroit Three Negotiations
Members of Unifor, Canada’s largest union in the private sector, employed at Ford Motor Company (NYSE: F), General Motors (NYSE:
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Glencore and Stellantis Back $1B SPAC Deal for Nickel and Copper Mines in Brazil
Global mining company Glencore, automaker Stellantis, and Volkswagen’s battery unit PowerCo are supporting a $1 billion acquisition by SPAC fund
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Stellantis and Canada Resolve Battery Plant Dispute
Stellantis NV has reached a mutually beneficial agreement with Canada, bringing an end to their prolonged conflict over an electric-vehicle
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