In the final days of the Biden presidency the U.S. Equal Employment Opportunity Commission filed filed a pair of significant anti-discrimination lawsuits.
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 U.S. Equal Employment Opportunity Commission sues Stellantis, the UAW, and GM, accusing them of discrimination and harassment.
The EEOC has filed lawsuits against General Motors, Stellantis, and the UAW, accusing them of violating federal labor and civil rights laws.
The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.
Trump unveiled a sweeping policy agenda with executive actions on day one of the second term. Trump suggests Musk and Ellison as potential TikTok buyers amid national security debate. UAW secures victory as Stellantis commits to U.
Production of Jeep and Dodge EVs began last summer, but the new models are just now arriving at dealers.
Stellantis faces significant operational challenges and competition despite being a major automotive manufacturer, leading the analyst to maintain a hold rating on the stock.
In a report released today, Daniel Roeska from Bernstein maintained a Hold rating on General Motors (GM – Research Report), with a price target
According to experts, both the United States and European Union markets managed to reach positive sales figures - although only barely in one case
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor's legacy when it comes to electric vehicle promotion.
Mayor Mike Duggan praised some of Detroit's successes in boosting employment and developing and opening manufacturing sites, but pushed the need for more tech industries in the city at the Detroit Policy Conference.