Latest News Updates From Gabrielle Coppola

Branden Coté, a former executive at AutoNation, will take over the marquee Jeep division Aug. 3. Matt VanDyke, a former Ford executive, will lead the Ram truck brand. 

Stellantis also is teaming with Microsoft to accelerate deployment of AI software across its cars and operations to improve customer experience.

Slate wants to tap consumer demand for more affordable vehicles with a stripped-down, two-seater pickup that can go 150 or 240 miles on a single charge. 

Hyundai is rerouting ships around Africa to avoid the Strait of Hormuz, slowing the automaker’s global supply lines.

Antonio Filosa is overseeing a wide-ranging review of the automaker’s global operations in bid to stabilize the company after suffering dramatic market-share declines under Carlos Tavares.

Stellantis NV, which owns the Jeep and Ram brands, has canceled plans to bring its all-electric pickup truck to market, its latest product shake-up.

Hyundai CEO José Muñoz said in an interview Sept. 11 that the work was being set back by two to three months.

The funding lets Lyten acquire intellectual property related to energy storage systems, in addition to its previously announced deal on Northvolt’s Polish assembly plant.

Stellantis sales in the U.S. fell 10% in the second quarter despite resilient demand for Jeep SUVs and Ram trucks.

“It would be a shame to build these facilities and then all of a sudden you have to scale back on the most important part of it, which is people,” a Ford vice president told reporters.