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Stellantis (STLA) to introduce new commercial vehicles and strategy
October 9, 2023 9:42 AM EDTStellantis (NYSE: STLA) revealed Monday morning that the automaker plans to introduce reimagined Commercial Vehicles from multiple brands on Monday, October 23, at 3 p.m. CEST / 9 a.m. EDT.
Jean-Philippe Imparato, who leads the Commercial Vehicles Business Unit, and Xavier Peugeot, the Senior Vice... More
UAW President Fain holds Facebook live event - 'Our strike is working, but were not there yet'
October 6, 2023 2:36 PM EDTUnited Auto Workers (UAW) President Shawn Fain held a Facebook live event Friday afternoon where he announced his union has made significant progress in their effort to push automakers towards meeting the demands of workers.
Fain announced that moments before this broadcast General Motors (NYSE: GM) agreed to place their EV battery manufacturing under the UAWs national agreement, calling the decision a... More
NHTSA holds public hearing to recall 52M air bag inflators
October 5, 2023 1:46 PM EDTOfficials from the U.S. National Highway Traffic Safety Administration (NHTSA) Thursday recommended the government mandate a recall of 52 million air bag inflators manufactured by ARC Automotive and Delphi Automotive.
The regulators believe the inflators pose a potential risk of rupturing and ejecting metal fragments.
The NHTSA held a rare public hearing on the matter, which could trigger one of the most extensive recalls in U.S. history.
Delphi Automotive, which is a part of Autoliv (NYSE: ALV), produced approximately 11 million of these... More
General Motors (GM) makes counteroffer to striking UAW
October 5, 2023 1:17 PM EDTDetroit automaker, General Motors (NYSE: GM) revealed Thursday that they have submitted a counteroffer to the United Auto Workers (UAW), its sixth since talks began, in hopes to end a strike by the union against the U.S. automaker.
"We believe we... More
