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The Latest Breaking News from Stellantis

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

The Independent UK

Tesla’s new rival Fisker unveils lowest-priced electric vehicle

Fisker releases details on its new electric vehicle that is priced under $30,000.

The Street

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…

StockNews.com

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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.

The Conversation

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.

InsideEVs

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….

StockNews.com

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.

InsideEVs

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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 Conversation

‘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

The Guardian - US

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.

Fortune

UAW Strike Threat: Just A 'Side Show' To Bigger Challenges For Detroit's Big Three?

The IBD-tracked auto group has gained 44% in 2023.

Investors Business Daily

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.

InsideEVs

Archer Aviation CEO says Elon Musk has helped boost the air taxi industry

Forget robotaxis. Flying taxis are on the way.

The Street

Ford has disappointing news about its Tesla killer

The legacy American automaker will delay production and release of its new electric vehicle that will compete with Tesla's top-selling EV.

The Street

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Investors Business Daily

Is Rivian Stock A Buy Or A Sell Amid Post-Earnings Decline?

Rivian closed the books on 2024 on Feb. 20.

StockNews.com

4 Auto Stocks with Great Quality

The auto industry is expected to perform well this year due to the easing of inflation, increase in production, healthy job growth, and improving consumer sentiment. To that end, investors should consider quality auto stocks Tesla (TSLA) Mercedes-Benz (MBGAF), Bayerische Motoren Werke Aktiengesellschaft (BMWYY), and Stellantis N.V. (STLA). Read more.

Fortune

The auto worker's union is furious at what the parent of Chrysler and Jeep is offering to avoid a strike: ‘Management’s chosen to spit in our faces’

With their labor contract set to expire next month, United Auto Workers president Shawn Fain blasts low-ball offer by literally tossing it in the garbage bin.

The Street

Stellantis unveils low-priced electric vehicles to rival Tesla

The Netherlands-based automaker plans to roll out a low-priced, entry-level electric vehicle.

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InsideEVs

Opel Experimental Concept EV Debuts With Foldable Steering Wheel

Opel's EV concept has external dimensions that put it in the European C segment, so it should be smaller than a Tesla Model Y but similar to a Grandland.

The Independent UK

US investigating power-assisted steering failure complaints in older Ram pickup trucks

U.S. auto safety investigators have opened a probe into reports that some older Ram 1500 pickup trucks can lose their power-steering assistance with little or no warning

Inverse

Fiat’s Next Sub-$30,000 EV Might Be Europe’s Most Enticing

Fiat is working on an affordable city commuter EV based on its Panda hybrid, and priced around €25,000 in Europe.

InsideEVs

Stellantis Plans Sub-$27,000 Fiat Panda EV To Rival Dacia Spring

The new EV will be unveiled in July 2024 and will share components with the upcoming Citroën e-C3, Fiat CEO Olivier Francois said.

The Conversation

US autoworkers may wage a historic strike against Detroit’s 3 biggest automakers – with wages at EV battery plants a key roadblock to agreement

The United Auto Workers union, which represents nearly 150,000 employees of companies that manufacture U.S.-made vehicles, kicked off in mid-July 2023 the labor negotiations it undergoes every four years with the three main unionized automakers.

InsideEVs

Europe: Plug-In Car Sales In June 2023 Exceeded 300,000

In June, almost 312,000 new plug-in electric cars were registered in Europe, about 42% more than a year ago. That's about 25% of the total volume.

The Independent UK

UAW to show list of economic demands to automakers this week, will seek worker pay if plants close

The new president of the United Auto Workers says the union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week

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