Stellantis news
Stellantis agreed to comply with California’s vehicle emissions standards that require zero-emission and plug-in hybrid vehicles to make up 68% of new light-duty vehicle sales by 2030.
Ford Motor Co. reported that it swung to a net loss in the fourth quarter due to a large accounting charge on pension plans and the effects of a six-week strike at multiple factories by the United Auto Workers union.
Engine maker Cummins Inc. will recall 600,000 Ram trucks as part of a settlement with federal and California authorities that also requires the company to remedy environmental damage caused by illegal software that let it skirt diesel emissions tests.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States, part of a broad effort to stimulate their sales to help combat climate change.
BMW is recalling a small number of SUVs in the United States because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people in the vehicles.
With manufacturing kinks still to be worked out, Tesla delivered the first of its futuristic Cybertruck pickups two years behind the original schedule amid uncertainty over when large-scale production will begin.
Clearly frustrated with its languishing share price, General Motors announced a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike.
President Joe Biden put on a red United Auto Workers shirt as he celebrated a deal that will reopen the Stellantis plant in Belvidere, treating the factory’s salvation as a vindication of his decision to stand with union members.
The United Auto Workers union has reached a tentative contract agreement with Mack Trucks that covers about 4,000 workers in three states.
The United Auto Workers union expanded strikes against Detroit automakers, ordering 7,000 more workers to walk off the job in Illinois and Michigan to put more pressure on the companies to improve their offers.
General Motors and Stellantis announced fresh layoffs that they blamed on damage from the United Auto Workers strike, and the labor standoff grew more tense just two days before the union was expected to call for new walkouts.
The top-selling vehicle in America will get a bit of a facelift next year, one of just a few new or updated vehicles that will be shown off at Detroit’s big auto show.
About 13,000 U.S. autoworkers stopped making vehicles and went on strike Sept. 15 after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay.
Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.
Stellantis says it will build a second U.S. electric vehicle battery factory in a joint venture with Samsung. The automaker didn’t disclose the location.