Stellantis (STLA) EV production falls short in Italy
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Stellantis (STLA), BlackBerry (BB) and AWS launch world’s first virtual cockpit
January 9, 2024 2:17 PM ESTStellantis (NYSE: STLA), in collaboration with BlackBerry (NYSE: BB) QNX and AWS, launched the worlds first virtual cockpit platform on Tuesday.
This groundbreaking innovation, developed by a Stellantis-led coalition, is part of the automakers Virtual Engineering Workbench (VEW), revolutionizing the delivery of infotainment technology to consumers at a speed 100 times faster than traditional methods.
This advanced... More
GM provides $7,500 incentive to offset Tax Credit loss for EVs
January 3, 2024 3:28 PM ESTGeneral Motors (NYSE: GM) announced Wednesday that the company will be offering incentives of $7,500 on its electric vehicles, despite the recent loss of a U.S. government tax credit.
The Treasury released guidelines in December outlining fresh requirements for battery sourcing, with the goal of reducing reliance on China within the U.S. EV supply chain. These guidelines became effective this Monday.
GM informed its dealers that it would provide the equivalent EV tax... More
Stellantis (STLA) slumps amid market challenges
January 3, 2024 12:15 PM ESTStellantis (NYSE: STLA), the parent company of Jeep, is trending down more than 3% during mid-day trading on Wednesday, reflecting a downturn in vehicle sales.
Financial experts at Equita have identified Stellantis as "among the worst performers in the automobile sector, citing disappointing year-over-year sales... More
