Deutsche Bank expects continued strength in June auto sales
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Stellantis (STLA) Italy joins 'grEEn-campus' program
July 3, 2023 11:20 AM EDTOn Monday, Stellantis (NYSE: STLA) made an announcement stating that its Mirafiori facility in Turin, Italy, has chosen to participate in the 'grEEn-campus' initiative. This workplace transformation program is dedicated to enhancing automotive design, research and development, and central operations by embracing inventive, eco-friendly, and cooperative designs.
With each new grEEn-campus, we are rethinking our iconic... More
GM acquires software startup, Algolion to detect early battery defects
June 30, 2023 1:49 PM EDTGeneral Motors (NYSE: GM) announced Friday that the automotive company has acquired Israel-based Algolion Ltd, a software startup that helps detect problems in batteries.
GM said Algolion's software will help the Detroit automaker bring to the market a "cost-effective" early hazard detection... More
Stellantis (STLA) on 'aggressive path', signs battery material supply deal with Kuniko
June 30, 2023 10:44 AM EDTStellantis (NYSE: STLA) and Australia-listed Kuniko revealed Friday that the two companies have signed an offtake and equity investment agreement with the aim to give Stellantis a stable supply of key materials for vehicle batteries. According to the terms of the agreement, Stellantis... More
Nike, Constellation Brands fall premarket; Apple, Carnival rise
June 30, 2023 8:20 AM EDTInvesting.com -- U.S. futures traded higher, ahead of key inflation data as the month and quarter come to a close.
Here are some of the biggest... More
Ford (F) signs initial deal to sell Germany plant to investor
June 30, 2023 8:07 AM EDTFord Motors (NYSE: F) held a work meeting Friday where the Detroit automaker revealed that they have found what was described as a major international investor for Fords German plant in Saarlouis and has signed initial agreements together with the western state of... More
Ford finds international investor for German plant in Saarlouis
June 30, 2023 6:31 AM EDTHAMBURG (Reuters) - Ford has found what it described as a major international investor for the U.S. carmaker's German plant in Saarlouis and has signed initial agreements together with the western state of Saarland, it said at a works meeting at the plant on Friday.
"This is an... More
Active options: MARA LCID F RIVN CCL META BAC MSFT CVNA JPM PLTR
June 29, 2023 2:22 PM EDTActive options: MARA LCID F RIVN CCL META BAC MSFT CVNA JPM PLTR
... MorePolestar (PSNY) to adopt Tesla's (TSLA) NACS in US and Canada
June 29, 2023 9:51 AM EDTSwedish automaker, Polestar (NASDAQ: PSNY) announced Thursday that they have signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS), allowing access to Teslas expansive Supercharger network for all Polestar drivers in the United States and Canada.
The press release detailed the companys plans to include the... More
Stellantis (STLA) places Michigan plants under 'Critical Status' ahead of union talks
June 28, 2023 3:18 PM EDTAccording to documents shared with reporters from Reuters, Jeep and Dodge parent company, Stellantis (NYSE: STLA) has placed its Warren Truck assembly and Jefferson North factory in Michigan under "critical status". Requiring union employees to work mandatory overtime to boost Jeep SUV production ahead of a potential strike deadline in September.
Stellantis told workers the change in status will be in effect from July 5 through October 2. According to a... More
Stellantis (STLA) ends manual gearbox production in Austria, 300 workers affected
June 28, 2023 1:44 PM EDTChrysler parent, Stellantis (NYSE: STLA) informed unions and local officials Wednesday of plans to end operations at its manual gearbox production site in Vienna-Aspern in Austria after 40 years, laying off about 300 workers. A decline in demand for traditional manual gearboxes can be attributed to the... More
Blink (BLNK) will expand NACS adoption to include entire product line
June 28, 2023 10:04 AM EDTEV charging equipment company, Blink Charging (NASDAQ: BLNK) announced Wednesday that they have expanded their commitment to embrace the Tesla (NASDAQ: TSLA) Standard by incorporating both the North America Charging Standard (NACS) and Combined Charging System (CCS) into Blinks entire state-of-the-art line of charging products.
Earlier this month, the company made an announcement regarding the integration of NACS connections into their latest 240kW DC Fast Charger. However, Blink has gone a step further to ensure the satisfaction of all drivers, regardless of their vehicle model, by... More
Stellantis (STLA) partners with TKT in effort to reach out to black customers
June 28, 2023 9:39 AM EDTChrysler and Jeep parent Stellantis (NYSE: STLA) announced Wednesday that the company has added TKT Collab a division of Kentucky-based TKT & Associates, a Black- and woman-owned business to its North America creative roster in an effort to boost its marketing efforts to reach Black customers and other multicultural communities. TKT is the automaker's first Black agency of record across Stellantis North American brand portfolio that will oversee marketing efforts to a Black audience.
Stellantis has previously collaborated with Black-owned agencies and developed campaigns targeted towards Black customers. However, executives... More

