Stellantis

(Editor’s note: The story has been updated to include Toyota’s statement) Tesla Inc. (NASDAQ:TSLA) has reportedly lost Toyota Motor Corp (NYSE:TM) and Stellantis NV (NYSE:STLA) from its carbon credits pool in the European Union. Tesla Loses A Revenue Stream Toyota and Stellantis have...

U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15, while the S&P 500 gained a similar 0.04% to reach 5,762.48. The Nasdaq also rose by nearly 0.04%, closing at 18,189.17. These are the top stocks that gained the attention of retail...

In a significant development, automaker Stellantis (NYSE:STLA) has struck an emissions agreement with the state of California. This comes after the company’s unsuccessful attempts to join a similar deal in 2019. What Happened: Stellantis has committed to adhere to California’s zero-...

In a recent statement, Stellantis (NYSE:STLA) Chairman John Elkann dismissed rumors of a potential merger with French automaker Renault (OTC:RNSDF). What Happened: Elkann, on Monday, refuted the ongoing speculation about a merger between Stellantis and Renault, reported Reuters. “There are no...

Stellantis N.V. (NYSE:STLA) has invested strategically in Tiamat, a French company specializing in sodium-ion battery technology, through its venture fund, Stellantis Ventures. What Happened: Stellantis Ventures announced its investment in Tiamat, which is known for developing and commercializing...

In a move to counterbalance the rising trend of large electric SUVs and trucks, auto manufacturer Stellantis (NYSE:STLA) has unveiled its compact and cost-effective electric vehicle (EV), the 2024 Fiat 500e. What Happened: The Verge analyzed that while the American market generally prefers SUVs...

In an industry-first move, automobile manufacturer Stellantis (NYSE:STLA) has announced plans to produce a unique electric pickup truck named the “Ram 1500 Ramcharger” with a gas-powered electric generator. This innovative design aims to address the range anxiety associated with most...

The recent six-week-long United Auto Workers (UAW) strike at the Stellantis (NYSE:STLA) assembly plant in Toledo, Ohio, home to its subsidiary Jeep since World War II, had a minor impact on the local economy. According to a report by The Wall Street Journal, while the...

Stellantis (NYSE:STLA) has reportedly fared better financially than General Motors (NYSE:GM) and Ford (NYSE:F) during the recent United Auto Workers (UAW) strikes. According to a report from Teslarati, the UAW strikes have had a less significant impact on Stellantis’s bottom line...

In a post on X, formerly Twitter, Sen. Elizabeth Warren (D-Mass.) highlighted the substantial profits of leading automakers, advocating for fairer contracts for United Auto Workers (UAW). What Happened: On Tuesday, Senator Warren tweeted about the immense profits of General Motors Co (NYSE:GM),...

President Joe Biden is facing mounting pressure from Democratic lawmakers to show solidarity with striking auto workers, a move unprecedented for a sitting president, The Washington Post reported. “It would send a very strong message that Democrats stand for working...

As the ongoing strike by United Auto Workers (UAW) enters its fourth day, Ford Motor Company (NYSE:F), with the most UAW members among Detroit’s Big Three automakers, may resort to a lockout, warns CNBC’s Jim Cramer, CNBC reported. Negotiations over a new labor agreement made...

In a recent development, former President Donald Trump has decided to address autoworkers in Detroit, opting out of the second Republican primary debate scheduled for Sept. 27. What Happened: According to a report by Politico, Trump’s Detroit visit coincides with the GOP debate in California...

Stellantis NV (NYSE:STLA), the automaker already impacted by the United Auto Workers, or UAW, strike at one of its U.S. plants, now faces another labor stoppage at a factory in Italy on Monday. What Happened: Unions have reportedly announced a one-day strike at Stellantis NV’s Melfi plant due...

The United Auto Workers, or UAW, union announced that it will resume negotiations on Saturday after the simultaneous strikes at General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F), and Chrysler parent Stellantis NV (NYSE:STLA) plants caused parts shortage. What Happened: The strike, one of the ...