Subaru will raise the wages and benefits of its U.S. plant workers in light of the new labor deals finalized by the Detroit Three automakers, the Japanese automaker's CEO said Thursday.

Stellantis: I Was About To Sell, But Didn't

11:48pm, Wednesday, 15'th Nov 2023
Stellantis reached an agreement with workers after a 44-day strike, resulting in wage increases totaling 27% over four-and-a-half years. Headwinds being signaled by other industrial companies made me
Detroit 3 automakers' tentative deals with UAW have not been uniformly received. The outcome of final voting and negotiations is likely to influence labor dynamics across the industry.
Stellantis is moving forward with a cost-cutting push as it prepares for the shift to electric vehicles and larger labor cost under the new tentative UAW contract.
The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received notable rejections at Ford and GM.
Stellantis, the parent company of Chrysler, announced on Monday that it is offering 6,400 US salaried employees voluntary buyouts in an effort to cut costs amid the transition to electric vehicles fo
This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with the UAW covering unionized workers.
Chrysler parent Stellantis STLA, +1.60% plans to offer its second round of buyouts this year to around half its white-collar employees in the United States, the Wall Street Journal reported Monday. Th
Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Aut
Stellantis introduced the 1500 Ramcharger, a battery-electric pickup truck with an on-board generator to address range anxiety and charging infrastructure issues. The Ramcharger generates 663 horsepow
The foreign auto industry is thriving on soaring EV demand and rising sales in key markets like India, Japan and Europe. Industry participants like TM, STLA and HMC make for solid investment options.
President Joe Biden said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
President Joe Biden will meet with Shawn Fain, the head of the United Auto Workers, in Illinois on Thursday to highlight the tentative contract agreements between the union and Detroit's Big Three Aut
General Motors (GM) and Stellantis (STLA) joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles (EVs).
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