Vauxhall Owner Stellantis

Vauxhall owner Stellantis blames EV rules for plan to close UK van factory

About 1,100 jobs at risk as carmaker says government mandate played a ‘significant role’

Business - Financial Times - 12 hours ago

Vauxhall owner to close Luton factory, putting 1,100 jobs at risk

Car giant Stellantis said it would consolidate electric van production at its other UK plant in Ellesmere Port.

'I found out I lost my Vauxhall job on WhatsApp'

After nearly 120 years as a driving force in Luton, Vauxhall Motors is leaving the town.

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 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 - November 6

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 - November 7

Stellantis, Leapmotor scrap plans for second EV model in Poland

World - Yahoo News - November 11

Stellantis says ‘no plant closures or mass job cuts in Italy’ – report

World - Yahoo News - November 15

Stellantis delays Ram electric pickup truck until 2025

Stellantis is delaying the launch of its Ram electric pickup truck from this year until the first half of 2025.

Business - CNBC - November 19

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

Inheritance tax reforms to hit business owners and farmers

Tax relief to be capped on assets worth more than £1mn

World - Financial Times - October 30

Wrexham's Hollywood owners buy local brewery

Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham -- its brewery.

Sports - ESPN - October 31

Tyson-Paul 'Owner's Experience' carries $2M tab

A $2 million premium hospitality experience for Mike Tyson's Nov. 15 boxing match against Jake Paul gets you a private suite ringside, prefight locker room access, autographed gloves and additional ...

Sports - ESPN - November 1

Stolen rare £30,000 Pokémon card returned to owner

The rare Charizard card is found at an address in Polegate after being valued in East Sussex.

Business Owners Get a Strong Voice in Pennsylvania Vote

In the small city of Erie, small business owners and entrepreneurs are heavily targeted by both parties’ campaigns.

Business - Inc. - November 4

DHL Owner Net Profit Falls on Costs

Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.

Business - The Wall Street Journal - November 5

Primark owner profits jump despite summer washout

It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.

This Week, Business Owners Know the Drill: Be Prepared for Protests

Here’s how you can keep your businesses and teams safe amid potential protests and other disruptions this week.

Business - Inc. - November 5

Why Are So Many N.B.A. Owners Selling Their Teams?

The Boston Celtics are likely to be the ninth team to change hands since 2019.

Sports - The New York Times - November 6

Business Owners Brace Themselves for Trump’s Tariffs

It’s all but certain that tariffs will soar with Donald Trump’s return to office. Many companies are struggling with the calculus that uniform tariffs of up to 20 percent may bring.

Business - Inc. - November 12

Monkey confiscated after owner arrested in DWI crash

A single-vehicle car crash in Dallas ended with an arrest and DWI for Brandi Botello. There was an exotic monkey in the car at the time that has been confiscated by the police and now Botello is ...

Kang makes record donation U.S. women's soccer

Washington Spirit owner Michele Kang has pledged to donate $30 million to the U.S. Soccer Federation's women's and girls' programs, the USSF announced Tuesday.

Sports - ESPN - November 19

Yanks owner calls Soto session a 'good meeting'

Calling it a "good meeting" with the star slugger, Yankees owner Hal Steinbrenner said he told Juan Soto he would seek a relationship similar to the one he has with franchise cornerstones Gerrit ...

Sports - ESPN - 6 days ago

Sources: Jets owner suggested benching Rodgers

Jets owner Woody Johnson broached the idea of benching quarterback Aaron Rodgers during a Sept. 30 meeting with the team's football staff.

Sports - ESPN - 5 days ago

Trump tariffs could hurt small business owners

President-elect Donald Trump has announced plans to place additional tariffs on goods imported from China, Mexico and Canada, the United States' three biggest trading partners. Some small business ...

Owners of New Zealand volcano that erupted in 2019, killing 22, appeal conviction

The owners of an island volcano in New Zealand that erupted in 2019, killing 22 people, are appealing their company’s criminal conviction on safety breaches at the High Court in Auckland

World - ABC News - October 29

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - October 29

Trump Is the Majority-Owner of a Meme Stock That’s Punishing Short-Sellers

Shares of Trump Media & Technology have skyrocketed 230 percent this month as the former president eyes a second term.

Business - Inc. - October 30

Inheritance tax changes sound ‘death knell’ for family businesses, say owners

Chancellor Rachel Reeves’ first Budget has caused alarm

World - Financial Times - October 31

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