A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters View image in fullscreen A Stellantis worker on the assembly line for the Jeep Grand Cherokee L model in Detroit, US. Photograph: Rebecca Cook/Reuters Vauxhall owner warns on profits amid falling sales and tougher Chinese… Continue reading Vauxhall owner warns on profits amid falling sales and tougher Chinese competition
Tag: FCA
German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
The car company Stellantis is slashing its profit expectations for this year due to problems in the North American market and the weak industry situation. CEO Carlos Tavares (66) now only expects an operating profit margin of 5.5 to 7.0 percent adjusted for special effects, as Stellantis announced in Amsterdam. So far there should be… Continue reading German Manager Magazine: Stellantis shares collapse: Opel parent shocks the stock market with profit warning003604
RD Technologies Secures US$7.8 Million in Series A1 Financing
HONG KONG, Sept. 30, 2024 /PRNewswire/ — RD Technologies announced the successful completion of its Series A1 financing, securing US$7.8 million. In this funding round, RD Technologies has secured strategic investments from prominent industry players like HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital. The capital injection will enable RD… Continue reading RD Technologies Secures US$7.8 Million in Series A1 Financing
UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract
The United Auto Workers union has asked Stellantis workers to authorize a strike. The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of breaking its contract promises, UAW President Shawn Fain said in a letter to the union’s U.S. chapters on Friday. “We unanimously recommend… Continue reading UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract
German FAZ: Volkswagen and General Motors continue to fall behind in competition007782
Over-the-air updates, AI assistants, autonomous driving or sophisticated infotainment: digital functions are now more important as a selling point for cars than horsepower and brand image. In the new comparison of digital performance, behind the series winner Tesla it is mainly Chinese manufacturers such as Xpeng and BYD as well as the American providers Rivian… Continue reading German FAZ: Volkswagen and General Motors continue to fall behind in competition007782
COIN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Coinbase Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK, Sept. 27, 2024 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Coinbase Global, Inc. (“Coinbase” or “the Company”) (NASDAQ: COIN) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for… Continue reading COIN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Coinbase Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
@FCA: Stellantis Spotlight Wraps the Week
September 27, 2024 , Auburn Hills, Mich. – “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending September 27, 2024, include the Chrysler Voyager returns to the brand’s retail lineup, Jeep® is back to compete in the Rebelle Rally for the ninth year, and… Continue reading @FCA: Stellantis Spotlight Wraps the Week
@FCA: Stellantis Canada Wins Best Ergonomics Program Award
September 27, 2024 , Toronto – Stellantis Canada received top honors from the Canadian Centre for Occupational Health and Safety (CCOHS) for its ergonomics program, which is helping to prevent the occurrence of work-related musculoskeletal disorders (MSDs) and repetitive strain injuries (RSIs) in the workplace. MSDs and RSIs are terms used to describe painful disorders affecting… Continue reading @FCA: Stellantis Canada Wins Best Ergonomics Program Award
3D printing reduces brake disc emissions by 27% to meet the EU’s new vehicle requirements
Italian 3D printer OEM Prima Additive has collaborated with automation and robotics firm Comau to develop a high-speed brake disc coating system for automotive manufacturer Stellantis. The new Rapid Coating Process cells combine advanced laser systems, robotic arms, powder management, and directed energy deposition (DED) 3D printing technology. They can quickly cover a raw metal… Continue reading 3D printing reduces brake disc emissions by 27% to meet the EU’s new vehicle requirements
How hackers could have remotely controlled millions of cars
Sjoerd van der Wal/Getty Images Car owners, are you sitting down? Cybersecurity researchers recently reported a flaw in a website — operated by automaker Kia — that enabled them to remotely control key functions of millions of cars. The full report, published on the personal blog of Sam Curry — one of the researchers — offers a… Continue reading How hackers could have remotely controlled millions of cars