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).
Workers at Ford's Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday.
When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa Cook became the first Black woman to have a seat at the table of the U.S. central bank since it w
General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to c
Labor unions may be entering a new age of victory. As of last week, the United Auto Workers (UAW) had reached tentative agreements with Detroit's Big 3 automakers.

Stellantis Is Still A Conviction Buy

01:32am, Tuesday, 07'th Nov 2023
Stellantis is trading at low financial metrics compared to other automotive peers, presenting a buying opportunity. The company has shown strong revenue growth and profitability, with record-breaking
Stellantis will offer a previously undisclosed plug-in hybrid model of its Ram pickup truck, called Ramcharger, and phase out V-8 Hemi engines as part of its strategy to cut the CO2 emissions of its N
The new Ram pickup can operate as an EV until the battery dies and an onboard generator — powered by a 3.6-liter V6 engine — kicks on to power the vehicle.
Unifor said on Monday that members at Stellantis' facilities in Windsor, Brampton, Etobicoke, Mississauga and Red Deer have voted to ratify new three-year collective agreements with the company.
On Monday, the UAW labor union ended its strike against Ford, GM, and Stellantis. All Big Three automakers can expect their labor costs to rise going forward.
Stellantis N.V. (NYSE:STLA ) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Ed Ditmire - Head, Investor Relations Natalie Knight - Chief Financial Officer Conference
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