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U.S. Congress members urge EPA to enforce stricter emissions cuts

July 13, 2023 12:45 PM EDT

Nearly 100 U.S. lawmakers Thursday are insisting President Bidens administration finalize stricter emissions limits.

A handful of Democratic senators joined nearly 80 House members in urging the Environmental Protection Agency (EPA) to firm up regulations on tailpipe emissions. Their objective is to establish revised limits that would lead to 69% of newly manufactured vehicles being electric by 2032,... More

Bank of America upgrades Stellantis (STLA), forecasts strong performance despite challenges

July 12, 2023 9:15 AM EDT

Bank of America upgraded Detroit automaker Stellantis (NYSE: STLA) to a Buy rating (From: Neutral) and raised their 12-month price target on the stock to 20.00 Euro (From 19.00 Euro) ahead of the companys 2Q earnings release.

Bank of America predicts that as the limitations on supply chains become less strict, there is a high... More

Italian Minister predicts Fiat-parent Stellantis (STLA) will double domestic car production

July 11, 2023 2:59 PM EDT

Italian Industry Minister, Adolfo Urso appeared on SkyTG24 news Tuesday where the minister revealed that he expects Fiat-parent Stellantis (NYSE: STLA) to more than double the number of cars it produces in the country.

The announcement comes a day after Minister Urso... More