Tag: Carlos Tavares
Stellantis defends itself after US dealers flag concerns
(Reuters) - Automaker Stellantis told its U.S. dealers on Wednesday that its August sales were up 21% from July, and its dealer inventory...
Stellantis to lay off up to 2,450 factory workers as classic Ram production ends
By Nora EckertDETROIT (Reuters) -Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of...
Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays
DETROIT (AP) — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices,...