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Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Stellantis plans to launch a new small, low-cost category of fully electric vehicles in an effort …
Read More »Stellantis takes Ontario auto supplier to court over claims of extortion
Listen to this article Estimated 5 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. Stellantis and one of its Canadian auto suppliers are battling in court over the price of brake rotors in a dispute that threatens to shutter multiple auto …
Read More »Stellantis warns of $3.7B Cdn loss for first half of 2025 due to tariffs and some big charges
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3-billion euro (nearly $3.7-billion Cdn) net loss in the first half of the year due to U.S. tariffs and some hefty charges. The automaker anticipates an impact of about 300 million euros (about $4.8 million) for net …
Read More »U.S. commits to $7.5B loan for Stellantis venture to build 2 EV battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Ind. The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the …
Read More »Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroen and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board accepted Tavares’ resignation Sunday, effective immediately. Stellantis noted Sunday that the process of finding …
Read More »Foreign workers at subsidized EV battery plant a ‘slap in the face’: union
NextStar Energy Inc. says it expects upwards of 900 foreign workers to help build its heavily subsidized electric vehicle battery plant in Windsor, Ont. The head of Canada’s Building Trades Unions calls the move “a slap in the face” and an “insult to Canadian taxpayers.” The statement from the union …
Read More »Taxpayer-subsidized Stellantis battery plant potentially importing international workers
A handful of temporary workers from South Korea have arrived in Windsor to staff up a new Stellantis electric vehicle battery manufacturing plant, according to officials with the Ontario government, raising concerns that massive taxpayer subsidies could be used to employ international auto workers over Canadians. Construction on a gigafactory, …
Read More »Stellantis autoworkers vote to ratify new collective agreement, Unifor says
Unifor says Stellantis production workers voted 60 per cent in favour of a new three-year contract with the automaker. The deal covers workers at the company’s Windsor and Brampton, Ont., assembly plants and Etobicoke Casting Plant. Approval for smaller agreements covering Stellantis workers in other units ranged from 85 to …
Read More »Unifor reaches tentative contract agreement with Stellantis, ending brief strike
By Staff The Canadian Press Posted October 30, 2023 6:14 am Updated October 30, 2023 8:55 am Descrease article font size Increase article font size TORONTO — Unifor announced Monday it has reached a tentative deal with Stellantis, ending a brief strike at the automaker. More than 8,200 workers represented …
Read More »Unifor sets Oct. 9 deadline for contract talks with General Motors
By Staff The Canadian Press Posted September 29, 2023 7:36 am Descrease article font size Increase article font size TORONTO — Unifor has set a deadline for its contract talks with General Motors for 11:59 p.m. on Oct. 9. Negotiations between the union and the U.S. automaker resumed this week …
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