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MIL:STLAM News

18 stories

US car sales on cruise control despite pressures

By Kalea Hall and Nora EckertAutomakers on Wednesday are expected to report steady second-quarter U.S. vehicle sales, despite what normally would be a bleak backdrop for the car business.Since early spring, American consumers have confronted sharply higher gas prices, an uptick in inflation, unease…

Reuters en
Economy

Stellantis Stock Slides 49% as China-Made Jeep Push Expands

Stellantis NYSE:STLA plans to launch a new China-made Jeep model in Europe by 2030, marking a deeper push into Chinese manufacturing as the automaker looks to rebuild momentum around one of its core global brands. The large SUV will be jointly developed with Dongfeng Motor and produced at Dongfeng'…

GuruFocus en
StocksUS

Why companies are swapping copper for aluminium

The spike in copper prices to a record high earlier this year has added weight to arguments for switching from copper to cheaper and lighter aluminium in a range of sectors.Here are the factors involved in the decision and some companies that have moved to substitute aluminium for copper.WHY DO COM…

Reuters en
Futures

Stellantis Extends Fiat 500 Plant Halt

Stellantis NYSE:STLA fell about 1.7% Monday after extending the summer production halt at its Mirafiori plant in Turin by 1 week, Reuters reported.The automaker told unions the plant will stop operations from July 27 to July 31, ahead of a planned 3-week August shutdown. Stellantis said parts short…

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StocksUS
reuters

Stellantis extends summer stoppage at Fiat 500 Turin factory

Stellantis MIL:STLAM has added an extra week of summer downtime at its Fiat 500 factory in Turin, northern Italy, due to parts shortages from some suppliers, the FIM Cisl trade union said on Monday, adding that the stoppage may also reflect weak demand.

Reuters en
StocksIT