Stellantis (STLA) October option implied volatility amid union strike talks
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Stellantis (STLA) to build five new EVs at Italy’s Melfi facility
October 3, 2023 11:04 AM EDTItalian labor unions announced Tuesday that Chrysler-parent, Stellantis (NYSE: STLA) will begin production of five new medium-sized electric vehicle models, representing various brands, at its Melfi plant in southern Italy. These vehicles are intended for the European and Middle Eastern markets and are scheduled for production... More
UAW president calls for expanded strike; urges 7000 additional workers to join at noon
September 29, 2023 11:20 AM EDTUAW 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
