Government, Business, Equipment, Logistics

Stellantis Pauses Key Decisions, Awaits Trump Policies

The automaker hasn’t decided where to build certain new vehicles such as the replacement for the Jeep Cherokee midsize SUV, which ceased production in the key segment in 2023.

Gabrielle Coppola | Bloomberg News
January 10, 2025
Business, Technology, Autonomous

Mobileye to Use Innoviz Lidar for Self-Driving Systems

Mobileye will use laser sensors made by Innoviz Technologies for the autonomous driving system it supplies to vehicle manufacturers, a potential revenue boost for the upstart.

Gabrielle Coppola | Bloomberg News
December 11, 2024
Government, Business, Technology

Stellantis Delays Electric Ram Truck Debuts to Early 2025

Stellantis NV will delay the arrival of its two electric pickup trucks to the first half of 2025 from the end of this year, CEO Carlos Tavares said Nov. 19.

Gabrielle Coppola | Bloomberg News
November 20, 2024
Business, Technology

Northvolt Sells US Battery Plant to California Startup

Northvolt AB, the cash-strapped European battery maker, reached a deal to sell its U.S. factory to a startup that’s trying to reduce America’s reliance on China for batteries.

Gabrielle Coppola | Bloomberg News
November 13, 2024
Business, Equipment

Stellantis Lays Off 1,100 More Workers at Ohio Jeep Factory

Stellantis said it would lay off about 1,100 workers at its Jeep plant in Toledo, Ohio, the latest in a series of job cuts as the automaker contends with bloated inventory and declining sales.

Gabrielle Coppola | Bloomberg News
November 7, 2024
Business, Equipment

Stellantis Sees Ram Sales Rebound as Inventories Shrink

Ram brand sales are up 35% to 40% so far in October, Ram and Chrysler CEO Chris Feuell said at a Reuters automotive conference in Detroit Oct. 22.

Gabrielle Coppola | Bloomberg News
October 22, 2024
Business, Equipment

Stellantis’ US Sales Plunge in Sign of Deepening Strains

Stellantis NV’s U.S. sales plunged 20% last quarter as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.

Gabrielle Coppola | Bloomberg News
October 2, 2024
Business, Equipment

Stellantis to Cut Up to 2,450 Jobs at Michigan Truck Plant

Stellantis NV, the owner of the Jeep and Ram brands, plans to eliminate as many as 2,450 hourly positions at a pickup truck factory located near Detroit.

Gabrielle Coppola | Bloomberg News
August 9, 2024
Business, Equipment

Stellantis Loses Another Executive Amid Slow Sales

Jim Morrison, former U.S. head of the Jeep and Ram brands, has left Stellantis, adding to a string of executive departures as the automaker grapples with sluggish sales.

Gabrielle Coppola | Bloomberg News
June 7, 2024
Business, Equipment

Stellantis to Cut 400 Jobs in US

Stellantis NV is cutting about 400 white-collar jobs in the U.S. as the maker of Jeep and Ram vehicles works to shift its product lineup toward electric cars.

Gabrielle Coppola | Bloomberg News
March 22, 2024