Stellantis

Hundreds of individuals, including late-shift auto workers and their allies, congregated at a Ford Motor Company (NYSE:F) assembly facility in Wayne, Michigan, as the United Auto Workers (UAW) union members initiated their historic walkout. According to Reuters, the United Auto Workers (UAW) union...

In a bid to influence voters in the critical state of Michigan, former U.S. President Donald Trump has vowed to put an end to the current administration’s push for electric vehicles (EVs). What Happened: On Monday, Trump posted a criticism of the EV industry and President Joe Biden’s...

President Biden is determined in electrifying America's auto fleet electric. But the math behind a greener future is harder than it seems as it involves half of all vehicles sold in 2030 to be electric. The President will attempt to get carmakers to commit to reaching at least 40 percent...

The main auto market players have already announced their big plans supporting their EV strategies. General Motors (NYSE: GM) increased the investment plan in the electric and autonomous car segment for the second time, so now the company plans is to invest an incredible $35 billion until 2025....

Due to the global semiconductor shortage, Ford will reduce production at its Ohio plant. And competitor Stellantis’ production will be halted at its Warren, Michigan, and Saltillo, Mexico, assembly plants. What Happened: Amid a global semiconductor shortage, Ford Motor...

Stellantis CEO Carlos Tavares The world's fourth largest automaker officially came into existence today. What Happened: The $52 billion merger between Peugeot S.A. and Fiat Chrysler Automobiles NV (NYSE: FCAU), which took a year to finalize because of the COVID-19 disruption, was formally...

Shareholders are scheduled to vote on the merger between Fiat Chrysler Automobiles NV (NYSE: FCAU) and PSA Group on Monday. Sizing Up: Finalization of the merger, which has been in the works for years, would create the world's fourth largest automaker by volume, Bloomberg reported. The combined...