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GM extends production cuts due to chip shortage, Stellantis warns of lingering pain

GM extends production cuts due to chip shortage, Stellantis warns of lingering pain
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Lithium Battery Shortage Threatens 1,000 UK Jobs as Car Giant Baulks at Investing in UK Factory

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Stellantis Tavares launches charm offensive with Italian unions

By Reuters Staff 2 Min Read MILAN (Reuters) - Stellantis Chief Executive Carlos Tavares is touring the group’s Italian plants, getting relations with local unions off to a good start as the newly-formed automaker seeks over 5 billion euros ($6.1 billion) a year in savings. FILE PHOTO: Carlos Tavares, when Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018. REUTERS/Regis Duvignau The world’s fourth-biggest carmaker was officially created on Saturday from the merger of Fiat Chrysler (FCA) and Peugeot-maker PSA, with former PSA boss Tavares becoming group CEO.

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Stellantis CEO says the merged automaker, forged from Fiat Chrysler and Peugeot, will not cut jobs

Stellantis CEO Carlos Tavares spoke Tuesday, while the automaker’s shares surged more than 10 per cent on their New York debut

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Stellantis CEO: 80% of merger synergies within four years

Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its struggling Chinese business, it top executive said on Tuesday.

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