UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW president slams Stellantis CEO over job cuts, alleged price gouging

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023.  Rebecca Cook | Reuters DETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon, accusing the chief executive of price gouging consumers and failing to … Read more

Stellantis to offer buyouts to U.S. salaried workers

Stellantis to offer buyouts to U.S. salaried workers

CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China’s Zhejiang province on May 14, 2024.  – | Afp | Getty Images DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as … Read more

Stellantis laying off 2,450 workers due to outgoing Ram pickup

Stellantis laying off 2,450 workers due to outgoing Ram pickup

The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. 15, 2018. Brendan McDermid | Reuters DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram … Read more

Elon Musk’s $56 Billion Tesla Pay Package Is An Uphill Battle He Is Going To Fight

Elon Musk’s  Billion Tesla Pay Package Is An Uphill Battle He Is Going To Fight

Good morning! It’s Thursday, May 30, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Elon’s Tesla Pay Package Faces A Ton Of Legal Hurdles In … Read more

Affordable Jeep EV coming ‘very soon’ to the U.S.

Affordable Jeep EV coming ‘very soon’ to the U.S.

The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said Wednesday. … Read more

The Electric Vehicle Tariff War Will Just Make Everyone Poor

The Electric Vehicle Tariff War Will Just Make Everyone Poor

Good morning! It’s Wednesday, May 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: China Responds To U.S. EV Tariffs China has spent the past … Read more

Tesla Registrations Continue Falling But That Won’t Stop It Dominating EV Sales

Tesla Registrations Continue Falling But That Won’t Stop It Dominating EV Sales

Good morning! It’s Friday, May 17, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Sales Drop Another 12 Percent Tesla might have had … Read more

EVs Will Cost The Same As Gas Cars By 2030: Nissan

EVs Will Cost The Same As Gas Cars By 2030: Nissan

Good morning! It’s Monday, March 25, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Nissan Finally Turns a Profit 1st Gear: Nissan Will Cut Costs On Next-Gen EVs The big things stopping … Read more

‘Extremely Dumb’ Arson Attack Means Tesla’s German Plant Won’t Have Power For 10 More Days

‘Extremely Dumb’ Arson Attack Means Tesla’s German Plant Won’t Have Power For 10 More Days

Good morning! It’s Thursday, March 7, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Arsonists Shut Down German Tesla Plant For Weeks Tesla’s Gigafactory in Germany isn’t expected to have … Read more

Stellantis CEO Gets 56 Percent Pay Boost, Makes 518 Times More Than Average Worker

Stellantis CEO Gets 56 Percent Pay Boost, Makes 518 Times More Than Average Worker

Good morning! It’s Friday, February 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Why Is Carvana Stock Suddenly Thriving? 1st Gear: Stellantis CEO Carlos Tavares Made $39.5M in 2023 I don’t … Read more