Stellantis (STLA) partners with Charge Enterprises to electrify dealerships

Canada's Unifor targets Ford (F) in Detroit 3 labor talks

Unifor, Canadas largest private union, announced this week that the labor force has selected Ford Motor Company (NYSE: F) as their target in its negotiations with the Detroit Three.

Talks began with the car manufacturers, including General Motors (NYSE: GM) and Stellantis (NYSE: STLA), on August 10th. But on August 29th, Unifor... More

European car sales surge in July; EVs grow 61%

The European Automobile Manufacturers Association (ACEA) published its monthly data on Wednesday, revealing a 15.2% surge in new car registrations in Europe for the month of July. This marks the 12th consecutive month of expansion as the automotive sector rebounds from supply chain challenges brought on by the pandemic.

The sales of electric vehicles surged... More

Morgan Stanley said buy these two auto stocks amid looming strike

With the impending expiration of UAW contracts on September 14th, the anticipation of a more 'contentious' bargaining process has intensified due to several contributing factors.

Factors surrounding exceptionally elevated inflation rates, rhetoric from new UAW leadership, notably favorable margins for the Detroit Three (Ford, General Motors and Stellantis) in the current cycle, and a wide array of recent instances that have set precedent for union contract discussions across adjacent manufacturing and service sectors in the United States.

With the chance of a UAW strike more likely than in recent years, Morgan Stanley analyst, Adam Jonas believes... More

HSBC sees no sign of EV price war in Europe

Despite several reports of major price cuts and margin shrink, HSBC believes that the media reports of a pricing war in the European EV market may be somewhat exaggerated.

German newspaper, Handelsblatt recently referenced a PwC Strategy report to support the notion of a BEV price competition extending to Europe. However, this view is in contrast with statements coming from the automobile manufacturers.

HSBC Global Research found that there is a shortage of collected information on pricing in Europe and has decided to launch... More

Stellantis (STLA) Selects Charge Enterprises (CRGE) as Infrastructure Provider for US Dealership Network

Stellantis has selected Charge Enterprises to help dealers in their electrification effort and all aspects required to build out electric vehicle supply equipment (EVSE) for chargingCharge will offer white-glove, custom, end-to-end services to the 2,600-plus Stellantis dealers nationwideMove is additional step to help Stellantis fulfill its Dare Forward strategy and achieve 50% battery-electric vehicle sales rate by the end of this... More

Bernstein Reiterates Market Perform Rating on Stellantis NV (STLA:FP) (STLA)

Bernstein analyst Daniel Roeska reiterated a Market Perform rating and EUR17.00 price target on Stellantis NV (STLA:FP) (NYSE: STLA).

Stellantis (STLA) puts stay more active than calls amid union contract talk headlines

Stellantis (NYSE: STLA) 30-day option implied volatility is at 28; 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 7.3 puts.

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

Stellantis (STLA) call put ratio 1 call to 2 puts with focus on October 17 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 2 puts with focus on October 17 puts.