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The Latest Breaking News from Stellantis

Why the United Auto Workers union is poised to strike major US car makers this week

About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble

The Independent UK

Automakers Are "Terrible" When It Comes to Personal Data And Privacy: Study

The Mozilla Foundation study claims that 84 percent of car companies share data with third parties, among other things.

Motor1

Auto union rejects wage offers from Detroit companies with strike deadline 6 days away

The United Auto Workers union has rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees

The Independent UK

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Germany backs tariff delay on electric vehicle sales between UK and EU

Manufacturers face 10% levies under post-Brexit trade deal but German government supports postponement

The Guardian - UK

Stellantis Believes Combustion Engine Cars Will Be In Use Through 2050

The company still plans to be all electric in the next decade, but combustion cars sold today will live well into the future.

Motor1

Plugging into the future: electric van production begins at Ellesmere Port

Investment by Stellantis has turned the Vauxhall plant into the UK’s first dedicated to producing electric vehicles at scale

The Guardian - UK

UAW President Slams Ford, GM, Stellantis For Delay Tactics In Contract Talks, Raises Political Implications: ‘Our Members Are Fired Up’

The United Auto Workers (UAW) is currently engaged in high-stakes contract negotiations with Detroit’s major automakers, Ford Motor Co (NYSE:F) and Stellantis (NYSE:STLA)

Zenger

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Top "A" Rated Auto Stocks to Buy This Week

Easing inflation, strong demand, and the recovery in the supply chain are some of the factors boosting the prospects of the auto industry. Amid this backdrop, it could be wise to buy fundamentally strong auto stocks Rolls-Royce Holdings (RYCEY), Stellantis (STLA), and Honda Motor (HMC). Our proprietary rating system rates…

StockNews.com

Why auto workers are asking for a 46% pay raise

Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.

WEKU

Production of electric vans begins in Ellesmere Port

Stellantis said it is the UK’s only dedicated EV manufacturing plant.

The Independent UK

A UAW strike at Detroit’s Big 3 could be a ‘nightmare scenario’ for Ford and GM, top analyst Dan Ives warns

“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.

Fortune

UAW chief: Union to strike any Detroit automaker that hasn't reached deal as contracts end next week

The head of the United Auto Workers warned that the union plans to go on strike against any Detroit automaker that hasn’t reached a new agreement by the time contracts expire next week

The Independent UK

UAW’s clash with Detroit Three automakers shows off a more confrontational union as strike deadline looms

The United Auto Workers current contract with Ford, GM and Stellantis ends Sept. 14. Workers on Labor Day say the gulf between union demands and the automakers’ position mean a strike is likely.

Chicago Sun-Times

UAW's clash with Big 3 automakers shows off a more confrontational union as strike deadline looms

A 46% pay raise

The Independent UK

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Motor1

Stellantis Versus Volkswagen In Europe

In July, Volkswagen's market share exceeded that of Stellantis, and the gap in the EV segment is growing.

The Independent UK

Auto workers leader slams companies for slow bargaining, files labor complaint with government

The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands

StockNews.com

General Motors (GM) vs. Stellantis N.V. (STLA): Which Auto Stock to Set to Take Stage in September?

The auto industry is poised for long-term growth, supported by the rising demand for personal and commercial vehicles and the growing global transition to EVs. While leading auto stocks General Motors (GM) and Stellantis (STLA) should benefit from the industry tailwinds, let us determine which auto stock is set to…

The Conversation

United Auto Workers strike – if it happens – should channel the legacy of Walter Reuther, who led the union at the peak of its power

The United Auto Workers are engaged in high-stakes labor negotiations that could lead to the union’s first simultaneous strike against all of Detroit’s Big Three automakers: General Motors, Ford and Stellantis, the company that owns Chrysler.

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InsideEVs

Zinc Air Batteries Might Be Cheaper And Safer Than Lithium-Ion: Study

Zinc is abundant in countries like Australia, said the scientist who led the research at Edith Cowan University.

StockNews.com

3 Auto Stocks Setting up for Potential Gains

With the pent-up demand for new vehicles, improving inventory levels, and growing transition to EVs worldwide, the automotive industry is well-positioned for robust growth and expansion. Therefore, fundamentally strong auto stocks Stellantis (STLA), Volvo (VLVLY), and Rolls-Royce (RYCEY) could be valuable additions to your portfolio for impressive gains. Keep reading….

InsideEVs

Stellantis Explores Potential Collaboration With China’s Leapmotor: Report

Stellantis is considering a tie-up with Hangzhou-based Leapmotor, which sells electric models like the C11 SUV and C01 sedan in China.

The Conversation

Waves of strikes rippling across the US seem big, but the total number of Americans walking off the job remains historically low

More than 323,000 workers – including nurses, actors, screenwriters, hotel cleaners and restaurant servers – walked off their jobs during the first eight months of 2023. Hundreds of thousands of the employees of delivery giant UPS would have gone on strike, too, had they not reached a last-minute agreement. And…

The Guardian - US

‘We are burned out’: UAW ready to take on automakers in contract negotiations

Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession

Fortune

U.S car industry would lose $5.5 billion if workers strike, report says. So far, negotiations have been rife with ‘theatrics and personal insults’

A walkout could cost carmakers almost a billion dollars over a week and a half, while workers could lose $860 million in pay.

InsideEVs

Stellantis' Plans To Build $25,000 EV In US Clash With UAW Demands

"Stellantis' business model is broken, and until they fix it, they'll never hit that $25,000 target," UAW President Shawn Fain said in a statement.

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