Big changes to the global EV market are taking a toll on car companies like Ford and GM.

Stellantis faces challenges with cash burn & leadership uncertainty but offers value with a $36B cash reserve & low P/E.

That 17% headcount reduction came as the automaker sought cost savings from the deal that created the world’s fourth-largest ...

CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...

Government layoffs amounted to 62,530 workers in January and February ... on goods from Mexico and Canada after speaking with ...

Trump delays auto tariffs for a month Veterans Affairs faces big layoffs RFK Jr. receives measles stress test U.S. pauses intelligence sharing with Ukraine Carmakers ...

President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S.

The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors, and Stellantis on ...

The manufacturer is one of the most exposed to the looming tariffs, according to ratings agency Moody’s: 40% of Stellantis cars sold in the US – under the Ram, Fiat, Dodge, or Chrysler brands – are ...

Mercier, McKay and Gungle each pointed out that mass layoffs would have a disastrous trickle down effect on the whole city.

Late in 2024, GM, Boeing, Cargill, and Stellantis announced layoffs. The total number of Americans receiving unemployment benefits for the week of Feb. 15 fell by 5,000 to 1.86 million.

Late in 2024, GM, Boeing, Cargill and Stellantis announced layoffs. The total number of Americans receiving unemployment benefits for the week of Feb. 15 fell by 5,000 to 1.86 million.