Stellantis reverses layoff decision for 1,100 Ohio employees after CEO’s resignation By: Reuters | Updated on: 22 Dec 2024, 08:25 AM Stellantis has decided against laying off 1,100 employees at an Ohio Jeep plant after CEO Carlos Tavares resigned. The Jeep plant in Ohio will see employees return after the new year. The company will instead extend a worker adjustment ... Read more
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Mahindra India’s most valuable carmaker: Anand Mahindra reacts Mahindra is placed at number 11 on the list of world’s most valuable carmakers. Maruti Suzuki is placed at number 13 while Tata Motors is at number 17 … Mahindra is placed at number 11 on the list of world’s most valuable carmakers. Maruti Suzuki is placed at number 13 while Tata ... Read more
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Jeep, Citroen join Maruti, Hyundai and others to announce price hike Jeep and Citroen, both part of the Stellantis Group, have announced they will increase prices of vehicles across their lineup. Jeep and Citroen models like the Meridian SUV (left) and Basalt coupe SUV will see their prices increase from January after both carmakers announced price hike. US-based auto giant ... Read more
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Stellantis recalling over 300,000 Ram trucks for braking system defect By: AP | Updated on: 08 Dec 2024, 09:31 AM Last month, Stellantis announced a recall of about 207,000 Jeep and Dodge SUVs. The trucks in question are all model years 2017-18 and include the Ram 2500, 3500, 4500 and 5500. (AP) Stellantis is recalling more than 300,000 Ram Heavy ... Read more
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Stellantis faces leadership vacuum as CEO Tavares steps down amid sales declines By: Bloomberg | Updated on: 06 Dec 2024, 09:36 AM The resignation of Stellantis CEO Carlos Tavares creates uncertainty as the company grapples with declining sales and leadership challenges. Carlos Tavares, CEO of Stellantis, standing next to a Citroën C5 Aircross Concept vehicle at the 2024 Paris Motor ... Read more
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Stellantis keeps slashing car output in Italy over EV slump By: Bloomberg | Updated on: 28 Nov 2024, 11:33 AM Stellantis NV will reduce production in Italy from Dec. 2 to Jan. 5 due to declining demand for electric and luxury cars, impacting the Fiat 500 and M … Stellantis NV will reduce production in Italy from Dec. 2 to ... Read more
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Stellantis workers march in Italy over production slump By: AFP | Updated on: 19 Oct 2024, 09:38 AM Stellantis has paused electric Fiat 500 production and announced factory stoppages due to weak EV demand. Workers protested temporary layoffs, warning … Stellantis has paused electric Fiat 500 production and announced factory stoppages due to weak EV demand. Workers protested temporary layoffs, ... Read more
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