Lancia expands Stellantis (STLA) brand in Europe with Ypsilon EV
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UAW push to organize Tesla (TSLA) and non-union auto sector
November 29, 2023 4:22 PM ESTThe United Auto Workers (UAW) union announced Wednesday their plan to unionize electric vehicle maker, Tesla (NASDAQ: TSLA) as well as the entirety of the nonunion auto industry in the United States.
This move follows the unions successful negotiation of new contracts with the Detroit Three automakers.
UAW revealed that employees from 13 nonunion automakers have launched coordinated campaigns nationwide to join the union.
These efforts encompass companies such as Tesla, Toyota (NYSE:... More
Stellantis (STLA) CEO concerned 2024 elections may slow EV sales
November 29, 2023 4:02 PM ESTStellantis (NYSE: STLA) CEO Carlos Tavares on Wednesday, expressed concerns about the upcoming major elections in the U.S. and the United Kingdom (UK) in 2024, cautioning that the political landscapes might influence the market for electric vehicles (EVs).
During a press conference at Stellantiss Mirafiori plant in Italy, Tavares expressed concerns about a potential deceleration in the adoption of electric vehicles.
He emphasized the risk of a shift in... More
Fiat to auction unique Fiat 500e EVs at Basel Miami Beach event
November 28, 2023 3:27 PM ESTStellantis-owned (NYSE: STLA) Fiat auto announced Tuesday that the Italian carmaker will take center stage at Art Basel Miami Beach 2023 on December 7th, where the automaker will auction off three unique Fiat 500e electric cars.
The three Fiat 500e EVs, created in partnership with renowned Italian brands Armani, Bvlgari, and Kartell, will be showcased and auctioned at an undisclosed location. The proceeds from this auction will support a yet-to-be-disclosed nonprofit... More
Britain seeking auto investments from Chinese carmakers
November 27, 2023 1:42 PM ESTBritish investment Minister, Dominic Johnson revealed Monday his efforts to attract Chinese car manufacturers to invest in the country. He emphasized the significance of Chinese investment in achieving environmental goals.
During a foreign direct investment summit held at Hampton Court Palace on Monday, British investment minister Dominic Johnson highlighted that commercial negotiations could proceed independently alongside political... More
