CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...
In an abrupt reversal, and after nearly two months of uncertainty, Stellantis announced that the layoffs had been rescinded. The shelving of the layoffs at Toledo Jeep is part of a broader ...
Stellantis faces challenges with cash burn & leadership uncertainty but offers value with a $36B cash reserve & low P/E.
Autoworkers in Windsor, Ont. describe a tense and emotional workplace atmosphere in the lead up to Tuesday — which could see ...
As 2025 begins with economic tensions and even more sales results, automakers are eyeing drastic cost-cutting operations Major car companies like Detroit's GM, Ford, and Stellantis have begun ...
including layoffs, and battles with key constituencies. Elkann thanked Tavares for helping create the company but also made clear it is a new era for Stellantis — one focused on patching up ...
The Volkswagen Plant in Chattanooga has announced that they are cutting production at the Chattanooga plant and asking for ...
Late in 2024, GM, Boeing, Cargill and Stellantis announced layoffs. The total number of Americans receiving unemployment benefits for the week of Feb. 8 rose to 1.87 million, an increase of 24,000 ...
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.
The tariffs are expected to have a devastating impact on Ontario's auto manufacturing industry, which employs well over ...
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