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Tag Archives: Stellantis
Stellantis Pulls Out of Electronics Show to Cut Costs
In a terse statement this morning from Amsterdam, Stellantis (NYSE: STLA) said “as the costs of the ongoing UAW strikes against Stellantis continue to mount, the Company has decided to cancel its planned display and presentations at CES® 2024.” It was scheduled to appear there during January 2024 in Las Vegas, Nevada. Continue reading
Stellantis, Samsung SDI Pick Kokomo for Second Gigafactory
Stellantis has announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these ambitious sales targets, the Stellantis said it is securing ~ 400 GWh of battery capacity, at what are planned to be non-union facilities. Stellantis, which was created by a mega-merger of Fiat Chrysler (FCA) Renault and Peugeot, thus far is taking a ‘let them eat cake’ position with the unions. This is a high risk strategy, because the unions are sticking to their knitting, so to speak. Sean Fain, the head of the UAW has roots in Kokomo Continue reading
Posted in electric vehicles, global warming, labor issues, manufacturing, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Big Three 2023 contract negotiations, Ken Zino, Kokomo, Mark Stewart, Sean fain, Stellantis, unifor
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High Noon – UAW Big Three Strike Expands Friday
“I have been clear with the Big Three every step of the way. And I’m going to be crystal clear again right now. If we don’t make serious progress by noon on Friday, September 22nd, more locals will be called on to Stand Up and join the strike. That will mark more than a week since our first members walked out. And that will mark more than a week of the Big Three failing to make progress in negotiations toward reaching a deal that does right by our members, Fain said. Continue reading
UAW on Strike at Select Ford, GM, Stellantis Plants
At all of the US Big Three companies – as of now – their new or slightly revised offers when made public are so far short of the UAW requests that they might as well be non-existent. We will have to wait as things unfold. Big Three executives appear to have thought that business as usual would allow them to continue to do business. Well, not today,,,
Moreover there are signs that a resurgent labor movement in other sectors will support the UAW with selective strikes. Teamsters General President Sean M. O’Brien said today “The International Brotherhood of Teamsters, including our members in the carhaul industry, stand in solidarity with the United Auto Workers to get the best contract possible from America’s biggest automakers. Just as the Teamsters saw at UPS, record profits at any company must result in record contracts for the workers who make those profits possible…. All UAW members deserve respect at work and dignity in retirement. They deserve strong wages in a new contract that rewards them for everything they do for the Big Three and to keep this country moving. You can be sure there is no division in America’s labor movement today. And you are urged to remember that Teamsters don’t cross picket lines.” Continue reading
Strange Green Bedfellows – Stellantis and Aramco
Low carbon eFuel is a drop-in synthetic fuel made by reacting CO2, captured either directly from the atmosphere or from an industrial facility, with renewable hydrogen. The use of low carbon eFuel has the potential to reduce carbon dioxide emissions from existing internal combustion vehicles by at least 70% on a lifecycle basis, compared to conventional fuels its advocates claim. Continue reading
Posted in alternative fuels, energy, environment, fuel economy or emissions, global warming, public health, transportation
Tagged auto industry commentary, autoinformed.com, co2 emissions, ENOWA, Ken Zino, Low-carbon eFuel, Neom Energy and Water, NYSE: STLA, Repsol, Saudi Arabian Oil Group, Stellantis
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Virtually All Unifor Members Authorize Big Three Strike
“Canadian autoworkers have sent a strong message to D3 automakers that they are united behind our bargaining committees in an effort to improve pensions, increase wages, and secure good, union jobs in the EV future,” said Unifor National President Lana Payne. Continue reading
Seven Automakers to Build North American Charging Network
The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading
Stellantis, Saft Show Battery Integrating Inverter and Charger
Integrating the inverter and charger functions creates a battery that is more efficient, which enhances the battery electric vehicle (BEV) range and is more reliable and less costly. It also increases space in the vehicle. Continue reading
UAW Say GM’s Lordstown JV Battery Plant Dangerous
“This case study of Ultium Cells Lordstown shows there is a real danger that hundreds of billions in taxpayer dollars will subsidize an EV industry that underpays and endangers workers. Ultium is a joint venture of General Motors and LG Energy Solution. Its Lordstown, Ohio, plant makes the battery cells that power GM’s growing EV fleet. Ultium’s Lordstown plant could qualify for tax credits worth more than $1 billion a year,” the UAW said. Continue reading
UAW has Tentative Agreement With Stellantis
“Once again, we have achieved what just weeks ago we were told was impossible,” said UAW President Shawn Fain. “At Stellantis in particular, we have not only secured a record contract, we have begun to turn the tide in the war on the American working class. Going into these negotiations, the company wanted to cut 5000 jobs across Stellantis. Our Stand Up Strike changed that equation. Not only did we not lose those 5000 jobs, we turned it all the way around. By the end of this agreement, Stellantis will be adding 5000 jobs. We truly are saving the American dream.” Continue reading →