Stellantis (STLA) and BMW in talks with Panasonic to build battery plants

U.S. EPA to propose new vehicle emission cuts, expects big EV push

April 6, 2023 1:22 PM EDT

According to a Reuters report Thursday, the U.S. Environmental Protection Agency is set as early as next week to propose new rules to spur sweeping cuts in vehicle emissions. The new rules are expected to cover the 2027 through 2032 model years and will push automakers to dramatically expand electric... More

Tesla (TSLA) employees shared sensitive images recorded by customer vehicles: 'It was a breach of privacy'

April 6, 2023 12:13 PM EDT

A special story by Reuters Thursday reports that between 2019 and 2022, Tesla (NASDAQ: TSLA) employees privately shared videos and images, some of them highly invasive, recorded by customers car cameras.

Some of the recordings caught Tesla customers in embarrassing situations. One ex-employee described a video of a man approaching a vehicle completely naked.

Tesla assured its electric car owners that their privacy is and will always be enormously important to us. The cameras it builds into vehicles to assist driving, it notes on its website, are designed from the ground up to protect your... More

Stallantis' (STLA) Jeep brand adds cheaper plug-in hybrid to 4xe lineup

April 5, 2023 2:09 PM EDT

Stellantis NYSE: STLA) owned Jeep revealed their 2024 Wrangler portfolio at the New York International Auto Show on Wednesday. The list included a collection of off-roaders with new capabilities and features, including another plug-in hybrid electric vehicle (PHEV).

Jeep that said it will add the 2024 Jeep Wrangler Sport S 4xe to its lineup, an entry level plug-in hybrid that could help... More

Chrysler parent Stellantis (STLA) unveils new Ram EV pickup truck

April 5, 2023 12:01 PM EDT

American automaker, and parent company of Chrysler, Stellantis (NYSE: STLA) unveiled its new electric Ram pickup truck on Wednesday. The truck is poised to debut on the market late in 2024 as a key part of the automaker's strategy to electrify its vehicle lineup.

The... More

UK EV sales reach record highs in best month ever

April 5, 2023 9:00 AM EDT

The Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More

FCA (STLA) FCA Reports Q1 2023 US Sales

April 3, 2023 1:54 PM EDT

2023 total U.S. sales decline 9% in Q1 versus same period last year

Dodge brand total U.S. sales increase 24% versus same quarter last year Dodge Charger up 43%; Dodge Challenger up 2% and Dodge Durango up 22% in total U.S. sales versus same quarter last year Dodge Hornet G/T arriving at dealerships now Chrysler brand up 10%... More

Stellantis (STLA) 30-day option implied volatility at 34

April 3, 2023 4:49 AM EDT

Stellantis (NYSE: STLA) 30-day option implied volatility is at 34; compared to its 52-week range of 27 to 90 into BofA Securities 2023 Automotive Summit and start of New York Auto Show on April 7.

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Stricter EV tax credit rules to take effect on April 18

March 31, 2023 1:53 PM EDT

The U.S. Treasury unveiled Friday stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emission models but grants buyers another two weeks before the new requirements take effect.

The EV battery sourcing guidance issued Friday triggers new requirements for critical minerals and battery components and takes effect for vehicle purchases starting April 18.

The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs... More

Stellantis (STLA) option implied volatility flat into New York Auto Show

March 31, 2023 10:43 AM EDT

Stellantis (NYSE: STLA) 30-day option implied volatility is at 35; compared to its 52-week range of 27 to 90 into start of New York Auto Show on April 7. Call put ratio 24 calls to 1 put.

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