Jan 17 (Reuters) - The U.S. Equal Employment Opportunity Commission on Friday sued two large automakers, accusing General Motors (GM.N), and the United Auto Workers of age discrimination and the Stellantis (STLAM.MI), unit that includes Chrysler of subjecting female employees to sexual harassment.
The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.
The mooted Honda Nissan merger and the fallout from leadership change at Stellantis suggests the auto industry must brace for turmoil, where size is a survival necessity.
Stellantis successfully lowered its U.S. inventory by over 100,000 units by the end of 2024 to balance inventory levels across dealerships.
Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its key North American market plunging by a quarter.
Fiat was the only Stellantis brand to post a sales increase in the US last year but with fewer than 1,600 cars sold, it's hardly a success
Big corporate donors to President-elect Trump's inaugural committee could soon find themselves in the crosshairs of his trade policy. Why it matters: Ford, General Motors, Stellantis, Stanley Black & Decker and Apple's Tim Cook all have written seven-figure checks for Trump's inauguration,
Stellantis' local division, FCA US, reported the fourth-quarter and full-year 2024 sales results across the US market, and the news is pretty bad indeed
In a report released today, Daniel Roeska from Bernstein maintained a Hold rating on General Motors (GM – Research Report), with a price target
Chicago, IL – January 7, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: General Motors GM, Toyota TM, Ford F, Honda HMC and Stellantis STLA.
An investigation by the Federal Trade Commission determined that consumers had not been aware that the automaker was providing their driving information to data brokers.
Of course, they often also look for car showrooms that are owned by successful automotive groups in order to get the best deals. Sadly, this seems to have backfired for some, as there is now a class action suit of sorts against the Lindsay Automotive Group for overcharging buyers for Stellantis,