Stellantis to Announce First Quarter 2023 Shipments and Revenues on May 3
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Stellantis (STLA) recalls 131,700 Dodge Ram trucks
April 19, 2023 11:56 AM EDTThe National Highway Traffic Safety Administration's (NHTSA) website showed Wednesday that Stellantis (NYSE: STLA) owned Dodge will be recalling 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue.
According to the recall notice, the issue may cause the pickup... More
U.S. Supreme Court declines bid by GM to take up dismissed case against Fiat Chrysler
April 17, 2023 2:24 PM EDTThe U.S. Supreme Court on Monday declined to take up a dismissed racketeering case General Motors (NYSE: GM) brought against Fiat Chrysler Automobiles, now known as Stellantis (NYSE: STLA). The denial was included in a daily order list from the court on Monday.
The justices turned away an appeal by General Motors of a lower court's dismissal of its lawsuit that accused Fiat Chrysler of bribing employee union officials in a bid to undermine GM and pressure... More
U.S. treasury announces VW, BMW, Nissan, Rivian and others lose access to tax credits
April 17, 2023 1:52 PM EDTThe U.S. treasury announced Monday that automakers Volkswagen, BMW, Nissan, Rivian (NASDAQ: RIVN), Hyundai and Volvos electric vehicles will lose access to a $7,500 tax credit under the new rules for battery sourcing.
The Treasury also said the new requirements, which go into effective on Tuesday will cut credits for the Tesla Inc (NASDAQ: TSLA) Model 3 Standard Range Rear Wheel Drive by half to $3,750 but that other Tesla models will retain... More
Panasonic considers building EV battery plant in Oklahoma
April 17, 2023 1:27 PM EDTTesla (NASDAQ: TSLA) battery supplier, Panasonic said on Sunday that the Japanese company is considering building a battery plant in Oklahoma, its third in the United States.
Panasonic has entered into an agreement with the State of Oklahoma that defines the eligibility... More
