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Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
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Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - October 31 -
Stellantis boss warns long EV transition poses cost ‘trap’ for carmakers
Carlos Tavares says industry will suffer from prolonged period of investing in both traditional engines and battery-powered carsBusiness - Financial Times - October 14 -
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Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Stellantis Expands Mexico Factory to Build More Ram Pickups Outside the U.S.
Such a step by the automaker would threaten its already-frayed relationship with the UAW, which has criticized moves to cut U.S. jobs.Business - The Wall Street Journal - October 15 -
Stellantis Issues Global Recall for 44,500 SUVs With Brake Pedal Defect
Affected vehicles include some 2024 through 2025 model-year Alfa Romeo Tonale plug-in hybrid SUVs and some 2024 model-year Dodge Hornet plug-in SUVs.Business - Inc. - October 17 -
Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.Business - CNBC - October 18 -
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.Top stories - NBC News - October 18 -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Business - CNBC - 3 days ago -
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.Top stories - NBC News - 2 days ago -
Stellantis Plans to Cut 1,100 Jobs at U.S. Jeep Plant
Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.Business - The Wall Street Journal - 2 days ago -
Boeing takes a hit
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...Politics - The Hill - October 23 -
Can anyone fix Boeing?
The plane maker’s new boss has pledged culture change, but a vote to prolong a costly strike underlines the challenges he facesBusiness - Financial Times - October 25 -
Karma comes for Boeing’s shareholders
Nearly a fifth of total shares will soon be owned by participants in a giant capital raiseBusiness - Financial Times - October 28 -
Can Boeing come back?
The aircraft maker was a great American company — then things started falling apart.Business - Financial Times - October 29 -
FAA opening Boeing safety review
The Federal Aviation Administration (FAA) announced Friday it is opening a review into Boeing's safety processes to ensure they meet the administration's requirements. "The review will focus on key ...Politics - The Hill - October 18 -
Boeing wants to be iconic — but not like before
The plane-maker is mired in debt, workforce strife and production glitches. Its new boss wants to turn back the clockBusiness - Financial Times - October 23 -
What Boeing is offering to striking machinists
Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...Top stories - CBS News - October 23 -
Boeing Strike Extended After Union Workers Reject New Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.Top stories - The New York Times - October 24 -
Boeing Explores Sale of Space Business
New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer.Business - The Wall Street Journal - October 25 -
Boeing Union Votes to End Strike
Machinists are set to return to work after ratifying a contract with a 38% pay raise.Business - The Wall Street Journal - 4 days ago -
Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans
Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration crossing the center of RomeWorld - ABC News - October 18 -
Stellantis recalls nearly 34,000 Ram 1500 pickups over damaged wheel hub
Damaged wheel hub encoder ring could disable vehicle's electronic stability control system, increasing crash risks.Top stories - CBS News - October 30 -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - October 31 -
Boeing seeks up to $35bn to bolster its balance sheet
Plane maker announces plans to raise up to $25bn in new capital and agrees $10bn credit facilityBusiness - Financial Times - October 15 -
Boeing Eases Cash Crunch as Strikers Dig In Deeper
The troubled planemaker arranged a $10 billion credit agreement with a group of banks while union workers showed no sign of ending their walkout.Business - Inc. - October 15 -
Lawmakers press Boeing to resolve monthlong strike
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...Politics - The Hill - October 16 -
The FAA is opening a new review of safety at Boeing
The Federal Aviation Administration is opening a new review of safety at BoeingTop stories - ABC News - October 18 -
Boeing, union reach tentative agreement to halt strike
A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...Politics - The Hill - October 19 -
Boeing to Bring New Offer in Attempt to End Strike
Boeing’s machinist strike is nearing its second month.Business - Inc. - October 19 -
Boeing, Union Reach Wage Deal to End Strike
The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.Business - The Wall Street Journal - October 19
