Based on the WARN notices, the announced layoffs totaled 9,266 for 2024, making it the most for Michigan since 2020. It marked a slight increase from the 9,141 reported in 2023. For regional looks at ...
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed ...
The multinational automobile giant Stellantis is one of them. The carmaker had one of the worst years in its history in 2024.
Harsh net zero fines on car makers are set to force up the cost of petrol vehicles this year, the industry has warned.
Automakers emphasized cost reductions and increased incentive spending in 2024. But they're still prioritizing profit margins ...
New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a ...
U.S. new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories, higher ...
Stellantis reports decline in U.S. sales in the fourth quarter and for the full year, but leaders say new products will give ...
The automaker's fourth-quarter sales also fell. The poor results are in contrast with Ford, GM and many other automakers.
Evidence that Stellantis is teetering on the edge continues to pile up — and a new report from Reuters shows that it's not ...
U.S.-listed shares dropped over 2% to reach one-month lows during early Friday trading after Bloomberg reported that certain ...
UAW President Shawn Fain has threatened a nationwide walkout at facilities, alleging that Stellantis has failed to keep promises it had made with the union. Stellantis has reversed its decision to ...