Fiat to auction unique Fiat 500e EVs at Basel Miami Beach event

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UAW push to organize Tesla (TSLA) and non-union auto sector

November 29, 2023 4:22 PM EST

The United Auto Workers (UAW) union announced Wednesday their plan to unionize electric vehicle maker, Tesla (NASDAQ: TSLA) as well as the entirety of the nonunion auto industry in the United States.

This move follows the unions successful negotiation of new contracts with the Detroit Three automakers.

UAW revealed that employees from 13 nonunion automakers have launched coordinated campaigns nationwide to join the union.

These efforts encompass companies such as Tesla, Toyota (NYSE:... More

Stellantis (STLA) CEO concerned 2024 elections may slow EV sales

November 29, 2023 4:02 PM EST

Stellantis (NYSE: STLA) CEO Carlos Tavares on Wednesday, expressed concerns about the upcoming major elections in the U.S. and the United Kingdom (UK) in 2024, cautioning that the political landscapes might influence the market for electric vehicles (EVs).

During a press conference at Stellantiss Mirafiori plant in Italy, Tavares expressed concerns about a potential deceleration in the adoption of electric vehicles.

He emphasized the risk of a shift in... More

Britain seeking auto investments from Chinese carmakers

November 27, 2023 1:42 PM EST

British investment Minister, Dominic Johnson revealed Monday his efforts to attract Chinese car manufacturers to invest in the country. He emphasized the significance of Chinese investment in achieving environmental goals.

During a foreign direct investment summit held at Hampton Court Palace on Monday, British investment minister Dominic Johnson highlighted that commercial negotiations could proceed independently alongside political... More

Lancia expands Stellantis (STLA) brand in Europe with Ypsilon EV

November 27, 2023 10:25 AM EST

Lancia, a subsidiary of FCA Italy, a Stellantis (NYSE: STLA) division, will expand beyond Italy in Freruary when the carmaker launches their third generation Ypsilon.

The small vehicle will start with a limited edition full-electric variant. The limited 1,906 units will lead the brand as the first... More