Stellantis (STLA) puts stay more active than calls amid union contract talk headlines

Morgan Stanley said buy these two auto stocks amid looming strike

With the impending expiration of UAW contracts on September 14th, the anticipation of a more 'contentious' bargaining process has intensified due to several contributing factors.

Factors surrounding exceptionally elevated inflation rates, rhetoric from new UAW leadership, notably favorable margins for the Detroit Three (Ford, General Motors and Stellantis) in the current cycle, and a wide array of recent instances that have set precedent for union contract discussions across adjacent manufacturing and service sectors in the United States.

With the chance of a UAW strike more likely than in recent years, Morgan Stanley analyst, Adam Jonas believes... More

HSBC sees no sign of EV price war in Europe

Despite several reports of major price cuts and margin shrink, HSBC believes that the media reports of a pricing war in the European EV market may be somewhat exaggerated.

German newspaper, Handelsblatt recently referenced a PwC Strategy report to support the notion of a BEV price competition extending to Europe. However, this view is in contrast with statements coming from the automobile manufacturers.

HSBC Global Research found that there is a shortage of collected information on pricing in Europe and has decided to launch... More

Stellantis (STLA) partners with Charge Enterprises to electrify dealerships

Stellantis (NYSE: STLA) announced Monday a partnership with EV infrastructure company, Charge Enterprises. Selecting the charging company to help Stellantis 2,600+ dealers in their electrification efforts.

With this partnership agreement, Charge becomes the fourth recommended partner for dealer EV readiness for Stellantis dealers across... More