A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.

DETROIT — Stellantis NV’s Trenton Engine Complex, which produces V-6 Pentastar engines for Rams, Chryslers and Jeeps, will shut down next week with workers temporarily laid off.

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.

Stellantis NV will offer voluntary buyouts to U.S. employees as the carmaker looks to cut costs amid slumping profits.

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.

Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.

AUBURN HILLS, Mich. — Stellantis is telling the owners of more than 24,000 plug-in hybrid minivans to park them outdoors, and to stop charging them due to the possibility of battery fires.

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

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.

Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.