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.
Stellantis CEO Calls Small EVs a Tough Sell in US
Offering small cars is the wrong approach to win over truck-loving Americans skeptical of electric vehicles, according to Carlos Tavares, CEO of Jeep-owner Stellantis NV.
Battery Startup ONE Demotes CEO Amid Cash Crunch
Our Next Energy Inc., a battery startup hoping to rival China with vital energy storage technology, has replaced founder and CEO Mujeeb Ijaz as it faces a failed funding round and cash crunch.
Ford Restarts Lightning Plant as Price Cuts Spark Demand
Ford Motor Co. restarted production of the F-150 electric Lightning pickup truck as price cuts stoke higher demand from buyers.
Car Prices Are Starting to Ease to Pre-Pandemic Levels
The U.S. new car market is returning to pre-pandemic norms as supply chain issues resolve, forcing carmakers to ramp up deals to sustain sales growth.
AutoNation Expects Used-Car Price Drop as Volumes Recover
AutoNation Inc., one of the biggest car dealership chains in the U.S., expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers.
Stellantis Unveils First Ram Electric Pickup at CES
Stellantis NV offered a glimpse of the first electric pickup from its Ram brand as the automaker aims to move from laggard to leader in the increasingly competitive field of plug-in trucks.
Chrysler Prodded Dealers Over 40,000 Cars They Didn’t Want
Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide stock of about 40,000 unordered vehicles and stoking tension with some of its retailers.
Volvo to Cut Carbon Footprint in Bid to Sell Electric SUVs
Volvo is tying the launch of its first all-electric vehicle — the XC40 Recharge crossover — to a broader plan for shrinking the carbon footprint of its models by 40% through 2025.
GM Factory Hands Making 40% Less Than Their Coworkers
The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day.