STLA Stock Recent News

The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers can meet its new regulations.

After starting the year off with a round of layoffs, Stellantis (NYSE: STLA ) has announced even more job cuts. Indeed, the automaker is reportedly slashing another 400 white-collar jobs across its engineering, software and technology divisions.

Stellantis confirmed Friday it is laying off hundreds more U.S. workers as the parent company of Dodge, Jeep and Chrysler moves toward electric vehicle production.

The automaker has trimmed staff several times over the past year as it prepares to start selling electric vehicles in the U.S.

Stellantis on Friday the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews."

Chrysler-parent Stellantis said Friday it will lay off about 400 U.S. workers as it works to cut costs, boost efficiency and ramp up electric vehicle production plans.

China's Leapmotor will start producing small electric cars at a Stellantis plant in Poland as part of a joint venture between the two carmakers, two sources close to the matter told Reuters on Friday.

By backing SteerLight's innovative on-chip LiDAR technology, Stellantis (STLA) positions itself at the forefront of automotive innovation, with a clear focus on enhancing the overall mobility experience.

Gavin Newsom has a powerful new ally in his fight to electrify the Golden State. The California Governor's office has announced that Stellantis (NYSE: STLA ) has agreed to help reduce air pollution through multiple initiatives designed to get more electric vehicles (EVs) on the road.

Chrysler is set to recall over 38,000 vehicles over concerns that driver airbags may not deploy in crashes, regulators said on Wednesday. Some 38,164 vehicles will be recalled, according to the US National Highway Traffic Safety Administration (NHTSA).