Stellantis (STLA) invests in Tiamat for sodium-ion battery tech
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Stellantis (STLA) names new North America COO
January 16, 2024 11:24 AM ESTStellantis (NYSE: STLA) has announced the appointment of Carlos Zarlenga as the new Chief Operating Officer for North America, succeeding Mark Stewart. The carmaker aims to capitalize on "further improvements" in regional performance with this change. The effective date for the new... More
Stellantis (STLA) signs multi-billion euro deal with German rental firm
January 16, 2024 11:02 AM ESTFiat Chrysler-parent, Stellantis (NYSE: STLA) announced Tuesday that the Franco-American automaker has entered into a multi-billion euro agreement with European rental firm SIXT SE.
According to the announcement, Stellantis will sell SIXT up to 250,000 vehicles across Europe and North America over the... More
Stellantis (STLA) adopts airfreight strategy as Red Sea attacks disrupt supply routs
January 12, 2024 3:03 PM ESTA spokesperson for Fiat-parent Stellantis (NYSE: STLA) announced Friday that the automaker would temporarily utilize airfreight to address supply disruptions arising from changes in international transport routes due to attacks on vessels in the Red Sea.
"Stellantis has taken appropriate measures to... More
Shares fall as Tesla (TSLA) announces increased pay for U.S. workers
January 11, 2024 9:31 AM ESTShares of electric vehicle giant, Tesla (NASDAQ: TSLA) are trending down more than 1.5% in pre-market trading Thursday morning after it was announced that the company notified workers at its California car plant of pay increases across its US factories.
This announcement marks the latest bump by a nonunion automaker as the United Autoworkers Union (UAW) works to increase membership in the U.S.
Tesla's facility in Fremont, California, has announced a "market adjustment pay... More
