Stellantis Executive

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

Stellantis workers march in Italy over production slump

World - Yahoo News - October 18

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 inventory

World - 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 America

Business - 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 cars

Business - Financial Times - October 14

Stellantis boss sees possible plant closures amid Chinese competition

World - Yahoo News - October 14

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 2024

Business - 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.

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 - 2 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.

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 - Yesterday

Iran executes German-Iranian dissident

The German-Iranian had denied leading a group that bombed a mosque in 2008, killing 14 people.

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 Rome

World - 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.

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

Why mature executives return to study for an EMBA

Fiftysomething graduates share their motivations and experiences of studying alongside younger classmates

Business - Financial Times - October 13

Judge upholds execution warrant in 'shaken baby' case

A judge in Texas denied a motion by lawyers for Robert Roberson to throw out the execution warrant against him. Roberson is scheduled to be executed Thursday and would be the first person put to ...

Google Executive Overseeing Search and Advertising Leaves Role

Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, will be succeeded by longtime Google executive Nick Fox.

Tech - The Wall Street Journal - October 17

Texas Supreme Court Halts Execution in Shaken Baby Case

Robert Roberson had been set to be executed on Thursday night for the death of his 2-year-old child. But after a bipartisan intervention by Texas lawmakers, the Supreme Court issued a stay.

Top stories - The New York Times - October 18

Texas judge temporarily pauses Robert Roberson's execution

A Texas judge Thursday temporarily halted the execution of a man who was convicted of murder in the death of his 2-year-old daughter. Robert Roberson would have been the first person in the U.S. ...

For Executives, ‘Defending Democracy’ Can Seem Risky

Even seemingly anodyne sentiments supporting fair elections have become politically charged.

Business - The New York Times - October 19

Senior VW executive deported from China

Expulsion of chief marketing officer is latest blow to German carmaker in world’s largest auto market

Business - Financial Times - October 22

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - October 28

German-Iranian Jamshid Sharmahd executed on terrorism charges

World - Yahoo News - October 28

How FTX’s Young Executives Shattered Their Parents

As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives.

Business - The New York Times - October 30