Stellantis Announces Changes in Leadership Team
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September 29, 2023 11:20 AM EDT
UAW president Shawn Fain announced Friday morning that at noon today the UAW strike against Detroits biggest automakers will expand, adding an additional 7,000 workers to the walkout.
Fain stated that despite the UAW's willingness to bargain, Ford and GM have declined to make meaningful advancements during the discussions. Nevertheless, Fain clarified that... More
September 28, 2023 2:59 PM EDT
Stellantis (NYSE: STLA) announced Thursday the appointment of Emanuele Cappellano as COO of Stellantis South America, as well as Antonio Filosa to Jeep Brand CEO, replacing Christian Meunier who is taking a break to focus on personal matters.
Stellantis also announced the... More
September 28, 2023 1:58 PM EDT
Britain revealed Thursday that the country will continue with its previous timetable to eliminating fossil fuel-burning cars by 2035, mitigating the consequences of last week's five-year delay, which now mandates that petrol and diesel vehicles must incorporate hybrid engines.
This announcement means that the policy shift introduced last week by Prime Minister Rishi Sunak's will not generate as much disruption to the industry as manufacturers had... More
September 28, 2023 8:08 AM EDT
As the United Auto Workers (UAW) union enters its 14th day of striking against the Detroit 3 automakers (GM, Ford, Stellantis), reportd have surfaced that the union may announce extended strikes if progress in negotiations hasnt been made by 10 a.m. on Friday.
The new deadline set by the union follows the UAW's decision to extend its initial strike actions against GM and Stellantis to include 38 more parts and distribution facilities, one week... More
