Industry Voices
Stellantis secures 250,000 vehicle deal with Sixt, After Rental Giant Dumps Tesla
In a significant development, Stellantis has secured a 250,000 vehicle deal with Sixt, a major mobility service provider. Following Sixt's decision to replace its Tesla fleet, this partnership marks a milestone for Stellantis, encompassing a range of vehicles, including cutting-edge battery-electric ones.
By Dabbie Davis
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Stellantis Unveils $50,000 Buyout Offers for UAW Members in 2024
As part of the 2023 UAW agreement, Stellantis initiates $50,000 retirement incentives for UAW Members. These buyouts aid cost reduction by hiring new staff at lower wages. Eligible employees can opt for this offer before December 31st.
By Dabbie Davis
EV Maker Rivian Falls Short on Quarterly Deliveries, Stock Dips
Rivian's struggle with Q4 deliveries, down 10% from predictions, caused a 10% stock drop amidst EV market turbulence. Tesla's overperformance contrasts Rivian's setback, impacting pre-market trading. Rising U.S. interest rates trigger EV price competitions, while Amazon delays Q4 deliveries, focusing on holiday sales.
By Dabbie Davis
Toyota Surpasses Production Milestone Through High US, European Demand
Toyota celebrates a historic year with a global production record, crafting 9.23 million vehicles from January to November. November's 13.6% sales spike highlights soaring demand in the U.S. and Europe.
By Dabbie Davis
General Motors Faces Growing Woes as Chevrolet Recalls Mount Up
GM temporarily halted Chevrolet Blazer EV sales in the US due to software quality concerns, promising ongoing software improvements. A new recall involves door strikers in the electric SUV and GM-branded crossovers due to potential fractures discovered during routine pre-installation tests at GM's San Luis Potosi plant in Mexico.
By Dabbie Davis
2022-2023: Mercedes-Benz Metris Faces Recall for Fuel Pump Issues
Mercedes-Benz recalls Metris vans for potential fuel pump issues sourced from a South Korean supplier, impacting models produced between April 2022 and February 2023. Investigations revealed faulty materials from a sub-supplier, leading to a comprehensive recall affecting over 20,000 units.
By Dabbie Davis
Report Reveals EV Prototype Started Chrysler Tech Center Fire in November
Fire at Chrysler Tech Center linked to an EV prototype disclosed by Stellantis. Auburn Hills Fire Department's insights reveal details: the prototype on a lift required forklift extraction; active fire under the vehicle and hood. Workers suspect coolant malfunction, as exact cause of the fire remains undisclosed.
By Dabbie Davis
