Stellantis (STLA) enters dealership electrification agreement with AGI

Stellantis (STLA) expands SPOTiCAR program to the U.S.

Stellantis (NYSE: STLA) announced Thursday that the automaker will be expanding its SPOTiCAR program into the United States.

SPOTiCAR, the manufacturer-approved pre-owned vehicle program, was originally introduced in Europe back in 2019 and reached across 11 countries. The program encompasses renowned brands like Alfa Romeo,... More

General Motors (GM) to halt production in Fort Wayne due to supply shortage

Officials from General Motors (NYSE: GM) revealed their decision to shut down the Fort Wayne Assembly Plant next week as the automaker grapples with supply issues.

GM spokesperson Jeffrey Benzing confirmed the pause will take place the week of August 28 due to a temporary part shortage.

The Fort Wayne plant is no... More

Stellantis (STLA) considers Chinese EV partnership with Leapmotor

According to a report from Bloomberg News on Wednesday, Stellantis (NYSE: STLA), the parent company of Dodge, Fiat and several global brands is actively considering potential collaboration opportunities with Zhejiang Leapmotor, a Chinese electric vehicle (EV) manufacturer.

A strategic move is aimed at growing Stellantis' footprint in the Chinese automotive market.

Sources familiar with the matter have indicated that Stellantis is... More

Foot Locker, Tesla, Peloton fall premarket; Kohl's, Urban Outfitters rise

Investing.com -- U.S. futures traded higher Wednesday, as investors digested more corporate earnings, particularly from the retail sector, ahead of the release of numbers from chip designer Nvidia (NASDAQ: NVDA).

Here are some of the biggest premarket U.S. stock movers today:

Kohls (NYSE: KSS) stock rose 3.5% after the department store operator beat quarterly profit estimates, as leaner inventories, lower costs, and fewer discounts helped to counter a broader retail... More

Texas EV owners prepare as additional fees kick in Sep. 1st

Texas electric vehicle owners are preparing for a rule change after state lawmakers approved a $200 annual fee added to their EVs registration charges.

Earlier this year, Texas lawmakers gave the green light to a fee that applies to all electric cars and trucks in the state. This fee, including a $400 charge for first-time registration, aims to fix what legislators pointed out as an... More

Stellantis (STLA) call put ratio 1 call to 8.2 puts with focus on September 14 puts

Stellantis (NYSE: STLA) 30-day option implied volatility is at 30; compared to its 52-week range of 23 to 423 into their current union contracts end on September 14. Call put ratio 1 call to 8.2 puts with focus on September 14 puts.

Stellantis (STLA) AEG report shows a union strike could cost the U.S. auto industry $5.5B

Anderson Economic Group (AEG) released a report late last week highlighting the potential economic impact of a 10-day auto union strike. According to the report, AEG estimates a strike on all three automakers by 143,000 United Auto Workers (UAW) members could result in a total economic loss of more than $5 billion after 10 full days.

The assessment adopts a holistic perspective, considering not only the impacts on workers and manufacturers, but also the potential repercussions on car dealers and parts suppliers that could result from a... More

Stellantis (STLA) threatened to move RAM 1500 production to Mexico, union leader says

United Auto Workers (UAW) union Vice President, Rich Boyer revealed Sunday that Dodge-Chrysler parent Stellantis (NYSE: STLA) threatened to relocate production of their Ram 1500 pickup trucks from its location in metro Detroit to a facility in Mexico.

The threat comes as contract negotiations for thousands of autoworkers have reached a near boiling point. The UAW will hold a vote this week to award... More