The U.S. Equal Employment Opportunity Commission sues Stellantis, the UAW, and GM, accusing them of discrimination and harassment.
Plus, electric vehicle startup Canoo has ceased operations and filed for bankruptcy, and General Motors faces an engine probe that could hit 870,000 vehicles.
The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.
In a report released today, Daniel Roeska from Bernstein maintained a Hold rating on General Motors (GM – Research Report), with a price target
The president's pledge to slap 25 percent tariffs on Canada and Mexico could see the prices of goods soar for U.S. consumers.
Hyundai, Stellantis, Delta Each Donating $1 Million ... Other major companies donating for the Jan. 20 inauguration include Boeing, General Motors, Ford Motor , Microsoft, Amazon.com, Alphabet ...
Stellantis faces significant operational challenges and competition despite being a major automotive manufacturer, leading the analyst to maintain a hold rating on the stock.
Production of Jeep and Dodge EVs began last summer, but the new models are just now arriving at dealers.
The EEOC has filed lawsuits against General Motors, Stellantis, and the UAW, accusing them of violating federal labor and civil rights laws.
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an investment grade rated balance sheet and has a 3.3% dividend yield. For better or worse,