Carlos Tavares News

08.06 / 13:07

markets COST Manufacturing Tesla Election country International Long-range EVs now cost less than the average new car in the US

automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for US car buyers: the first long-range EVs that are cheaper to buy than the average gas-powered car.

07.06 / 15:55

markets COST Manufacturing Tesla country International Long-range EVs now cost less than the average new car in the U.S.

The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for U.S. car buyers: the first long-range EVs that are cheaper to buy than the average gas-powered car.

24.04 / 05:23

markets COST Action Sustainability Trade reports Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months

Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday

31.03 / 08:59

markets COST UPS CEO Platform wellness rights Why Stellantis’s CEO remains all-in on EVs as others retrench

Stellantis Chief Executive Carlos Tavares in February made an intriguing announcement: The Chrysler-parent company would remain all-in on electric vehicles, even as competitors scale back and sales growth slows. “We’re going flat out," he told analysts on the company’s earnings call. The 65-year-old’s view on battery-powered vehicles is a drastic change from just a year ago, when he sounded the alarm on the high cost of EVs.

22.03 / 16:37

COST Manufacturing CEO Software Auburn reports rights Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition

Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles

20.03 / 11:58

UPS Volkswagen Action President reports Investigations Maker of Jeep, Dodge and Ram vehicles to follow California's strict emissions standards

A major automaker made a deal with California to cut greenhouse gas emission from cars as the state transitions away from gas-powered vehicles

19.03 / 21:01

CEO Volkswagen California, Stellantis strike vehicle emissions deal

By David Shepardson

07.03 / 03:01

markets Reuters CEO Trade exclusive rights Investigations China gives green light to Stellantis-Leapmotor joint venture, sources say

By Gilles Guillaume

19.02 / 10:55

COST UPS Manufacturing exclusive reports rights Stellantis considering building Leapmotor EVs in Italy, report says

MILAN (Reuters) — Stellantis (NYSE:STLA) is considering building up to 150,000 low-cost electric vehicles (EVs) in Italy, in its Mirafiori complex in Turin, as part of its agreements with Chinese automaker Leapmotor (HK:9863), Automotive News Europe said on Monday.

16.02 / 14:31

markets COST UPS CEO Strategy reports Carmaker Stellantis CEO wary of Chinese offensive as market moves into electric vehicles

Stellantis CEO Carlos Tavares has his attention fixed on Chinese competitors as the automaker’s launch of its electric vehicle strategy begins in earnest

12.02 / 06:55

UPS Reuters CEO Fighting wellness War country Stellantis uses surplus plants in Europe as leverage in a fight with Rome

By Giulio Piovaccari and Nick Carey

25.01 / 19:55

markets CEO Research Trade reports politician International Italy's premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up

Italian Premier Giorgia Meloni is slamming carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and Peugeot that created the world’s fourth largest auto maker

23.01 / 15:25

markets UPS Manufacturing CEO Stellantis can become global leader in commercial vehicles by 2030-CEO

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21.01 / 08:11

CEO Platform Fighting Election wellness country International Flexible underpinnings of new big Stellantis vehicles will help company navigate political changes

On the surface, the platform beneath a new generation of automobiles has little to do with politics and elections

20.01 / 06:41

markets COST UPS Booking Tesla blues Stellantis warns of 'bloodbath' from EV price cuts as Ford chops F-150 Lightning output

Stellantis NV boss Carlos Tavares has warned carmakers cutting electric vehicle prices too fast risked a “bloodbath” in the industry, hours after Ford said it was reducing production of its battery-powered F-150 Lightning pick-up truck because of weaker sales.

23.11 / 16:31

Provident Target Manufacturing economy Stellantis to revise up revenue target for 'circular economy' unit

TURIN, Italy (Reuters) — Stellantis (NYSE:STLA)' revenue target for its recycling and reconditioning unit will be raised after growing 25% so far this year, the group's Chief Executive Carlos Tavares said on Thursday inaugurating its first hub for the business.

26.10 / 01:33

FIVE Manufacturing CEO Platform Strategy country exclusive stake Stellantis gains foothold in China with $1.6 billion stake in EV maker Leapmotor

(Reuters) -Stellantis NV on Thursday announced a 1.5 billion euro ($1.6 billion) deal to acquire a 20% stake in China's Leapmotor (HK:9863) Technology in a move that gives the European automaker a vital foothold in the world's largest auto market.

19.10 / 05:23

Provident Ford Ball CEO awards performer Schumpeter | Are America’s CEOs overpaid?

intermittent strikes at Ford, General Motors (GM) and Stellantis, America’s “big three" carmakers. A month in and the two sides are still at loggerheads. Jim Farley, Ford’s chief executive, has argued that the 36% pay rise over four years demanded by the striking workers would cripple his business.

25.09 / 16:05

UPS Provident Ford CEO Gap Airlines Auto CEOs Make About 300 Times What Their Median Worker Is Paid. Here’s How That Stacks Up.

United Auto Workers President Shawn Fain has criticized the Big Three automakers for the raises given to their CEOs in the past few years, saying wage gains for rank-and-file employees haven’t kept pace. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies. And over the past four years, the gap at the three has widened.

21.08 / 18:51

UPS CEO Strategy Metro awards show performer Stellantis Stellantis threatened to move RAM 1500 production to Mexico, union leader says

United Auto Workers (UAW) union Vice President, Rich Boyer revealed Sunday that Dodge-Chrysler parent Stellantis NV (NYSE:STLA) threatened to relocate production of their Ram 1500 pickup trucks from its location in metro Detroit to a facility in Mexico.

08.08 / 15:17

COST UPS Target CEO country Stellantis Deal end Italy seeks deal by end of year with Stellantis on car industry plan

MILAN (Reuters) -The Italian government aims to agree a broad plan to 2030 for the country's automotive industry with carmaker Stellantis and other groups involved by the end of this year, industry ministry sources said on Tuesday.

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