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Local 4 News Morning

A comprehensive look at local, statewide and national news events is provided by the Local 4 News Team along with updates on sports, weather and traffic.

An air quality alert in effect for 7 regions in the area

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Local 4 News Morning

An air quality alert in effect for 7 regions in the area

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STELLANTIS


2 days ago

Biologist Answers More Biology Questions From Twitter

Biologist Thor Hanson is back to answer even more of the internet's burning questions about biology. What even are murder hornets? Do female mammals get monthly periods? Is it possible to bring back extinct species? Is coral really an animal? Thor answers all these questions and much more!

news.yahoo.com
3 days ago

UAW: Face masks now optional at Ford, General Motors, Stellantis facilities

Face masks are now optional for Ford, General Motors and Stellantis employees, officials announced Tuesday morning.

Stellantis to lay off workers at Sterling Heights stamping plant

Stellantis is gearing up to lay off workers at its stamping plant in Sterling Heights, United Auto Workers officials said Tuesday.

Stellantis announces indefinite layoffs at Sterling Heights stamping plant

STERLING HEIGHTS, MI -- Stellantis has announced plans to layoff an unspecified amount of workers from its Sterling Heights stamping plant, according to WXYZ-Detroit. The automaker called the layoffs “indefinite” meaning there is no timetable for when impacted workers can expect to resume normal shifts. WXYZ reports 1,977 hourly and 207 salaried workers are employed at the Sterling Heights plant. The layoffs will begin on Monday, June 20. The state must “raise the level of our game.”Exotic, classic cars line the streets weekly in Depot Town this summerAlligator wasn’t driving during car chase, Michigan police say

mlive.com

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap

The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.

cnbc.com

Michigan loses Stellantis project to Indiana. The state must “raise the level of our game.”

Chrysler parent company Stellantis is building its next electric vehicle project outside of Michigan. A joint venture between Stellantis and Samsung for an electric vehicle battery factory will be built in Kokomo, Indiana. Michigan offered the automaker several sites in state but ultimately lost the bid — a tough loss after the state funneled $1 billion in state funds to attract large business projects. “We understand that we have to continue to raise the level of our game and we’ll continue to do so,” he said. The Strategic Outreach and Attraction Reserve (SOAR) fund was created after Michigan lost out on an $11.4 billion electric vehicle investment from Ford Motor Company.

mlive.com

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials

Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028.

cnbc.com

Jeep maker Stellantis to build $2.5 billion EV battery plant in Indiana

Stellantis plans to invest more than $2.5 billion with Samsung SDI to build the automaker's first U.S. electric vehicle battery manufacturing facility.

cnbc.com

Mask mandates reinstated at several Ford, GM, Stellantis facilities in Michigan

DETROIT -- With the risk of COVID-19 transmission rising, Ford Motor Company, General Motors and Stellantis have announced mask mandates at facilities in counties where the transmission risk has surged. According to the Detroit News, the temporary mandates are in effect at all facilities that are in counties where the Centers for Disease Control has listed the transmission rates as “high.”That includes Ford facilities that are located in Wayne, Washtenaw, and Macomb counties, according to a Ford spokesperson. GM facilities in Oakland, Wayne, Livingston and Macomb counties will be impacted, as well as Stellantis facilities in Wayne, Macomb and Oakland counties. All employees, contractors and visitors at all facilities in those areas will be required to wear a mask. Officials did not indicate how long they expect the mask mandates to be in place.

mlive.com
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Stellantis announces billions will be invested in Canadian operations

Automaker Stellantis says it will invest $3.6 billion Canadian dollars, about $2.8 billion, to upgrade two Canadian assembly plants and expand a research center as it accelerates its long-term electrification strategy.

Stellantis pours billions more into Canada, electric

Automaker Stellantis says it will invest $3.6 billion Canadian dollars, about $2.8 billion, to upgrade two Canadian assembly plants and expand a research center as it accelerates its long-term electrification strategy.

Chrysler-parent Stellantis plans $2.8 billion overhaul of two Canadian factories to build EVs

Two Canadian factories that build Chrysler's minivans and Dodge's muscle cars will be retooled for EVs

cnbc.com

US ends probe of Fiat Chrysler minivans, won’t seek recall

The U.S. government is ending an investigation into complaints of USB charging port fires in some Fiat Chrysler minivans without seeking a recall.

Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds

Jeep is a key part of growth and electrification plans for Stellantis, the parent company formed last year through the merger of Fiat Chrysler and Groupe PSA.

cnbc.com

Feds investigate electric and hybrid vehicle batteries after 5 recalls

After recalls by GM, Mercedes-Benz, Hyundai, Stellantis and Volkswagen, feds are investigating 138,000 batteries made by LG.

cbsnews.com

US Auto Sales Fall In First Quarter As Chip Shortage Slows Factories

New-vehicle sales in the U.S. were expected to fall around 15% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.

detroit.cbslocal.com

Stellantis Mack Assembly Plant hit with fourth air quality violation

The Stellantis Mack Assembly Plant in Detroit has been served with yet another air quality violation.

Stellantis Hit With Fourth Air Quality Violation

Inspectors issued a notice one day after CW50 spoke with neighbors and EGLE regulators about paint shop fume complaints.

detroit.cbslocal.com
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Stench from Jeep plant in Detroit prompts fourth air quality violation

Residents in the predominantly Black neighborhood filed a civil rights complaint against the state

metrotimes.com

Stellantis, LG to make electric vehicle batteries in Ontario

A joint venture between Stellantis and South Korea’s LG Energy Solution plans to build a large electric vehicle battery factory in Windsor, Ontario, employing about 2,500 people.

Stellantis, LG To Make EV Batteries In Ontario

A joint venture between Stellantis and South Korea's LG Energy Solution plans to build a large electric vehicle battery factory in Windsor, Ontario, employing about 2,500 people just across a river from Detroit.

detroit.cbslocal.com

Residents Say Stellantis Plant Emits Odors That Make Neighbors Sick

Dizziness, burning eyes and throat pain. Those are some of the symptoms families in East Canfield Village say they experience after being outside too long.

detroit.cbslocal.com

Thieves steal high-end vehicles from Stellantis Sterling Heights Assembly Plant lot

Auto thieves are stealing brand new vehicles from outside the factories where they were made, and one automaker seems to be getting hit especially hard.

Michigan automakers donating to help Ukrainians fleeing violence

The Big Three Detroit automakers are supporting relief efforts in Ukraine. General Motors, Ford Motor Company and Stellantis, the parent company for Chrysler, each said this week they will donate to support Ukrainians who have been displaced by the Russian invasion.

mlive.com

Ford, General Motors, Stellantis drop mask requirement

Face masks will be optional for U.S. union auto workers, as long as their factories are in counties that are not at high risk for the novel coronavirus.

Jeep, Dodge maker Stellantis aims to double revenue to $335 billion by 2030

The automaker plans to do this while sustaining a double-digit operating profit margin as it largely moves to all-electric vehicles.

cnbc.com

Stellantis to give out largest profit-sharing payment in 35 years

It’s an excellent time to be an autoworker. Despite COVID and all the hassles complicating an already tough job, UAW members, thanks to a new profit-sharing formula, will see their bank accounts soon swell significantly.

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Stellantis employees will get largest profit sharing payment in 35 years

Eligible Stellantis employees could see the largest profit sharing payments in 35 years, totaling more than $14,000.

Automaker Stellantis reaps $15B profit in 1st year of merger

Automaker Stellantis says it made a solid 13.4 billion euros in its first year.

Plants temporarily shut down as Ambassador Bridge blockade drags on

There are many conflicting stories about whether a lane is open or closed again. We’ve seen no traffic on the Ambassador Bridge Friday (Feb. 11) except Border Patrol and bridge company repair crews.

Windsor seeking injunction to end blockade at Ambassador Bridge

The busiest international crossing in North America is deserted.

Stellantis: Windsor Assembly Plant shifts cut short due to parts shortages from Ambassador Bridge closure

Automaker Stellantis has confirmed that the Windsor Assembly Plant had to cut short its two shifts on Tuesday (Feb. 8) due to parts shortages caused by the Ambassador Bridge closure.

Ram trucks recalled to tighten loose windshield wiper nuts

Stellantis is recalling nearly 202,000 Ram heavy-duty pickups and chassis cabs to tighten a loose nut that can stop the windshield wipers from working properly.

Michigan officials address odor coming from Stellantis Mack Assembly Plant in Detroit

In a virtual meeting Thursday (Jan 27), EGLE announced Stellantis has a 3-part plan to fix four odor violations and one for improper ductwork at the Mack Assembly Plant. Part of the presentation featured a toxicologist with the Michigan Department of Health and Human Services who reviewed air samples.

Michigan officials address odor coming from Stellantis Mack Assembly Plant in Detroit

In a virtual meeting Thursday (Jan 27), EGLE announced Stellantis has a 3-part plan to fix four odor violations and one for improper ductwork at the Mack Assembly Plant. Part of the presentation featured a toxicologist with the Michigan Department of Health and Human Services who reviewed air samples.

Shaky start for Stellantis bid to grab larger China stake

Moves by carmaker Stellantis to consolidate its position in fast-growing China seem to be off to a rocky start after one of its joint venture partners said it hadn’t been consulted before an announcement of plans to grab a controlling stake.

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State regulators to host public meeting to discuss pungent order near Detroit Jeep plant

State environmental regulators are hosting a meeting later this month to update residents on their investigation into a nauseating odor from Stellantis’ year-old Jeep assembly...

metrotimes.com

Rivian stock plunges after news of Amazon-Stellantis deal

Stellantis has already sold tens of thousands of vehicles to Amazon. Now more will be going to Amazon, which will provide cloud services to the automaker.

cnbc.com

Chrysler announces first battery-electric vehicle, aims for all-electric lineup by 2028

Chrysler aims to have an all-electric vehicle lineup by 2028, the century-old automaker announced Wednesday. Chrysler says its first battery-electric vehicle will be available by 2025. The crossover concept called the Chrysler Airflow includes a new AI-enabled vehicle system powered by a battery that it says can travel 350 to 400 miles per charge. “The Chrysler Airflow Concept represents the start of the brand’s journey toward a fully electrified future. “The Chrysler Airflow Concept represents the future direction of the Chrysler brand, providing a peek at the dynamic design, advanced technologies and seamless connectivity that will characterize the full-electric portfolio we plan to reach by 2028,” said Chris Feuell, Chrysler brand CEO - Stellantis.

mlive.com

Automaker Stellantis plans to generate $22.5 billion in new software revenue by 2030

Driving the growth will be an increase in the automaker's connected vehicles from 12 million today to 34 million by then, according to Stellantis.

cnbc.com

Stellantis wants to outfit cars with AI to drive up revenue

Carmaker Stellantis has announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands.

Stellantis and Factorial Energy announce joint venture for EV batteries

Factorial Energy signs a joint development agreement with high-voltage traction solid-battery technology.

Michigan Matters: EV’s Supercharging Impact Across Metro Detroit

As the electric vehicle revolution unfolds,  companies, suppliers and organizations are adjusting as Joseph Grace, Vice President, Head of Physical and Functional Design & Integration, Stellantis; Vuk Milojkovic, CEO, BASF Toda America...

detroit.cbslocal.com

Stellantis: Most salaried employees in US must show COVID vaccination proof by Dec. 4

Most salaried Stellantis employees in the United States will be required to show proof of COVID-19 vaccination by Dec. 4.

State regulators turn up heat on Stellantis over nauseating odor at Jeep plant

Michigan environmental regulators are taking “escalated enforcement” action against Stellantis for failing to adequately address a months-long nauseating odor wafting from its year-old Jeep assembly...

metrotimes.com
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Feds: UAW local treasurer used union money to pay for child support, gambling

Federal officials say Timothy Edmunds did just that and spent about $2 million in UAW funds on personal expenses.

Rep. Tlaib gets headache from pungent odor coming from Stellantis plant in Detroit

The nauseating stench wafting from Stellantis’ year-old Jeep assembly plant in Detroit was so strong that U.S. Rep. Rashida Tlaib said she could "taste it"...

metrotimes.com

Strong jobs report shows economy back on track for further growth

Nonfarm payrolls swelled by 531,000 jobs in October. Economists say the Fed could speed up its timetable to end its bond-buying program if growth continues.

cnbc.com

Stench from Jeep plant in Detroit prompts another air quality violation

State environmental regulators issued another air quality violation notice for the stomach-churning stench wafting from Stellantis’ year-old Jeep Assembly plant. The Michigan Department of Environment,...

metrotimes.com

‘Stellantis is aggressively moving forward’: Automaker offers buyouts to some salaried workers

Some white collar workers at Stellantis have the next few weeks to decide if they want to retire.

As White House tries to finalize vaccine mandate, dozens of groups seek last-minute meetings

Companies like Walt Disney and industry groups have sought more clarity, while others have sought to slow the process.

washingtonpost.com

Amid foul odor, Detroit residents demand meeting with Stellantis but are rebuffed

Detroiters who have been complaining about a pungent paint odor emanating from the new Mack Assembly Plant on the city’s east side were turned away...

metrotimes.com

Residents complain of foul, caustic odors from Detroit Stellantis plant

Residents that live near the Stellantis Mack Assembly Plant on Detroit’s east side claim fumes from the plant are causing their throats to burn.

Carmaker Stellantis loses former FCA CEO Manley

PSA Peugeot’s takeover of Fiat Chrysler to form the world’s fourth-largest carmaker has had its first executive casualty, with former Fiat Chrysler CEO Mike Manley stepping down as his role of head of the Americas.

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Stellantis to hold job fair this week in Detroit

Stellantis is trying to fill several jobs by holding a big job fair.

GM to pause production at most North American plants amid chip shortage

Analysts estimate the shortage could cost automakers tens of billions of dollars.

Computer chip shortage continues to plague the Big Three, auto industry

The semiconductor shortage that has hampered the auto industry, created vehicle shortages and higher prices isn’t likely to end any time soon.

Ram Pickups Recalled; Faulty Side Air Bags Can Hurl Shrapnel

Stellantis is recalling more than 266,000 pickup trucks, mainly in North America, because the side airbags can explode without warning and hurl shrapnel into the cabin.

detroit.cbslocal.com

Ram pickups recalled; faulty side air bags can hurl shrapnel

Stellantis is recalling more than 266,000 pickup trucks mainly in North America because the side air bags can explode without warning and hurl shrapnel.

Auto industry faces major shift as President Biden makes push for more electric vehicles

A major shift is happening in an auto industry that has been fighting higher fuel efficiency standards and electrification for years.

Workers at Ford, GM, Stellantis facilities required to wear mask regardless of vaccination status, UAW says

Autoworkers at all plants and offices at the Big 3 will be required to wear a mask, regardless of vaccination status, the UAW confirmed on Tuesday.

Mask mandate returns for Ford, GM, Stellantis workers

Workers at Ford, General Motors and Stellantis will be required to wear masks again regardless of vaccination status starting Wednesday, Aug. 4, per the United Auto Workers. The COVID-19 Joint Task Force – which includes the Big Three automakers and the UAW – recently met and made the decision. The change comes in response to new standards from the Centers for Disease Control and Prevention, which is recommending masks for everybody where COVID-19 transmission is high. The CDC recommends counties with “high” or “substantial” COVID-19 transmission rates require masks indoors. Michigan ended its statewide mask mandate June 22 and the mask mandate for vaccinated people ended May 24.

mlive.com

Carmaker Stellantis reports record 1H margins, $7b profits

Automaker Stellantis says it achieved faster-than-expected progress on synergies and record margins in its first six months as a combined company, despite suffering 700,000 units in lower production due to interruptions in the semiconductor supply chain.

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New documentary shows progress at Stellantis Mack Assembly Plant in Detroit

When Stellantis merged with Fiat Chrysler, it didn’t waiver on the deal with the city of Detroit to revitalize not only the Mack engine plant but the surrounding area.

Stellantis CEO discusses where company is headed, how it’ll cope with the changes in the industry

The Stellantis merger is now complete and we’re getting a better idea of where the company is headed these days.

GM hires Nio and Lyft executives; Stellantis poaches Amazon VP

GM and Stellantis recently poached executives from several technology companies such as Amazon and Lyft as well as Chinese electric vehicle start-up Nio.

cnbc.com

Vauxhall owner Stellantis to invest €30bn in electric vehicles

Stellantis, which also owns Peugeot and Fiat, will invest the money on cars and battery factories by 2025.

news.yahoo.com

Electric Dodge muscle car and Ram pickup part of Stellantis' $35.5 billion EV plans

The company expects more than 70% of sales in Europe and over 40% in the U.S. to be low emission vehicles (EVs and hybrid electric models).

cnbc.com

Stellantis: 98% of models to be electric or hybrid by 2025

Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors.

Stellantis: 98% of models to be electric or hybrid by 2025

Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors. CEO Carlos Tavares says that by 2025, 98% of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions. It also will have three electric drive modules to power all of its vehicles, and Stellantis will take advantage of its scale to reduce electric vehicle costs.

news.yahoo.com

Vauxhall to build electric vans at Ellesmere Port

The car manufacturer is expected to confirm plans to make electric vans.

news.yahoo.com

Pleasant Ridge man makes documentary about truck traffic in his neighborhood

“We get 40 illegal trucks per day,” said Tom Hendrickson. “We hear, feel, smell them.”

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Vauxhall set to announce Ellesmere Port electric van

The news, which could be confirmed as early as next week, will safeguard more than 1,000 jobs at the at-risk plant.

news.yahoo.com

Vauxhall set to announce Ellesmere Port electric van

The news, which could be confirmed as early as next week, will safeguard more than 1,000 jobs at the at-risk plant.

bbc.co.uk

Truck traffic returns to Detroit neighborhood near Stellantis plant

When residents complained about loud trucks rolling through their Pingree Park neighborhood at all hours, they were promised the traffic would stop.

UAW to lift mask requirements for fully vaccinated at Ford, GM, Stellantis facilities

The United Auto Workers (UAW) union announced it will stop requiring fully vaccinated workers to wear masks at General Motors (GM), Ford and Stellantis worksites beginning July 12.

People living near Detroit Stellantis plant fed up with constant truck traffic

Chrysler’s new plant on Detroit’s east side was a massive boost to the city’s economy, but neighbors living near it said it’s a nightmare.

Stellantis Reveals Green Plans Around Detroit Assembly Plant

Stellantis wants to make the area around its Detroit Assembly Complex the most environmentally friendly neighborhood in the city, the automaker announced Thursday.

detroit.cbslocal.com

Black-owned media taking on Ford, Stellantis after battling with GM

Byron Allen has reached out to Ford and Stellantis for their commitment to spend more ad money with Black-owned media, as he continues to eye GM.

freep.com

UAW: Detroit 3 autoworkers to keep masks on at work — for now

The U.S. Centers for Disease Control and Prevention has relaxed mask guidelines, but Detroit Three autoworkers need to keep wearing masks on the job.

freep.com

UAW keeps masks requirement at Ford, GM, Stellantis facilities

The United Auto Workers (UAW) union leaders have decided to continue to require workers to wear masks at General Motors (GM), Ford and Stellantis worksites for now, the union announced Wednesday.

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Stellantis, Foxconn creating Mobile Drive to supply infotainment for Jeeps, Rams

Stellantis and iPhone-maker Foxconn are creating a new company to supply Stellantis and other automakers with software and in-car features.

freep.com

Remote work won't end with Stellantis' return-to-office plans

White-collar workers at Stellantis, maker of Jeep SUVS and Ram pickups, will keep a hybrid work schedule when they return to the office.

freep.com

Automaker Stellantis expects employees to work remote most of the time under new plan

When employees of Fiat Chrysler, now Stellantis, return to offices they'll do so with a new company and a more flexible work schedule.

cnbc.com

Big Three see more auto plant closures as chip shortage continues

Ford Motor Company announced new plant closures. The Big Three all believe the next three months will be the most expensive part of the shortage.

Chip shortage hits production but Stellantis reports 'strong' revenues for first quarter

Stellantis reported increased revenues and vehicle shipments for the first quarter of 2021. The chip shortage had an impact, however.

freep.com

Stellantis CFO: Chip shortage impact remains 'controlled'

The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage. Stellantis revenues for the first three months of 2021 were 36.9 billion euros, compared with 32.4 billion euros ($44.42 billion) in the first three quarters of last year. The merger became formal on Jan. 17, 2021, creating the world's fourth-largest carmaker, and the figures take into account the individual performances of Fiat Chrysler and PSA Peugeot in the preceding periods.

news.yahoo.com

Mike Manley, last CEO of Fiat Chrysler, had total compensation in 2020 of $14M

Despite COVID-19, FCA said it had a good year in 2020, its last year as a standalone company before merging with PSA Group to form Stellantis.

freep.com

Michigan virus surge slows Ram truck plant in Sterling Heights, source says

Michigan’s worst-in-the-nation Covid-19 outbreak is starting to affect automotive production, with a major Ram pickup truck plant slowing its output due to a large number of absent workers.

Semiconductor shortage impacts Big Three automakers

The coronavirus pandemic helped cause the automotive semiconductor shortage. The scarcity is lasting as long as the pandemic has and is almost as expensive.

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Jeep, Dodge maker Stellantis temporarily closing five North American plants due to chip shortage

A United Auto Worker member leaves the Fiat Chrysler Automobiles Warren Truck Plant after the first work shift on May 18, 2020 in Warren, Michigan. A global shortage of semiconductor chips is forcing Stellantis to temporally close five North American plants starting next week, the company confirmed Friday afternoon. The impacted plants are in Illinois, Michigan, Mexico and two in Ontario, Canada. They build an array of products for the company – from older Ram 1500 pickup trucks and Jeep models to minivans and Dodge and Chrysler cars. A spokeswoman for Stellantis declined to disclose how many units of production are expected to be lost.

cnbc.com

Park outdoors: Ram recalls heavy-duty trucks for fire risk

DETROIT – The company that makes heavy-duty diesel Ram trucks is telling some owners to park them outdoors due to the risk of an engine fire. Fiat Chrysler, now part of Stellantis, is recalling just over 20,000 of the trucks mainly in the U.S. and Canada. The company says the 2021 pickup and chassis cab trucks have heater electrical relays that can short, overheat and in rare cases cause fires. None involved customer vehicles. The recalled trucks are equipped with 6.7-liter Cummins diesel engines.

Fiat Chrysler spent over $300 million on green credits in Europe last year — mostly from Tesla

Fiat Chrysler said Wednesday on an earnings call that it spent EUR 300 million (US $362 million) on regulatory credits last year in Europe alone — most of which it bought from Tesla. In 2019, FCA committed to spend about $2 billion on environmental regulatory credits through the end of 2021. Selling these regulatory credits has been an increasingly important part of Tesla's business as the automaker has pushed toward sustained profitability. In 2020, Tesla generated $1.58 billion in revenue from sales of regulatory credits, nearly tripling its 2019 figure of $594 million. 2020 regulatory credit sales ended up being higher than our expectations, and it's difficult to give guidance on that," Kirkhorn said.

cnbc.com

Fiat-Chrysler to pay $8K in profit-sharing bonuses to UAW employees

DETROIT – Fiat-Chrysler will pay its union-represented employees profit sharing bonuses of up to $8,010 after the company recorded a $29 million net profit in 2020, parent company Stellantis announced. The payments are expected to hit bank accounts on March 15, FOX 2 Detroit reports. The profit sharing arrangement is part of the 2019 collective bargaining agreement between FCA and the United Auto Workers, the report said. In 2020, UAW members received bonuses of $7,280. READ MORE:Michigan’s unemployment agency director got $86,000 to leave job, on condition of confidentialityWednesday, March 3, coronavirus data by Michigan county: Five counties had no cases in past weekRestaurants, casinos, gyms, nursing homes: All the changes Michigan made to COVID-19 restrictions on Tuesday118-year-old Great Lakes freighter catches fire in Duluth harbor

mlive.com

Stellantis CEO says 4th largest carmaker to be disruptive

The Italian-American carmaker and the French mass-market automotive company completed their merger on Jan. 16, creating Stellantis, the world’s fourth-largest carmaker, despite a pandemic year that saw profits plunge. “Stellantis is not born from a crisis,’’ Tavares told a conference call after fourth-quarter earnings were released. Fiat Chrysler reported adjusted net profits in the pandemic year of 1.9 billion euros ($2.3 billion), down 57% from 2019. PSA reported earnings of 2.2 billion euros, a drop of 32%. Fiat Chrysler reported fourth-quarter adjusted earnings before interest and taxes of 2.3 billion euros, a record 2.2 billion euros of those generated in North America, where the profit margin was 11.6%.

Detroit expands Covid vaccine eligibility to autoworkers

Manufacturing employees who live or work in the city are eligible, Detroit Mayor Mike Duggan announced Tuesday. The United Auto Workers union estimates at least 10,000 of its members work in Detroit. The expanded eligibility for Detroit manufacturing workers marks a major expansion for autoworker eligibility for vaccination following similar actions by municipalities such as Boone County in Illinois. DETROIT — Manufacturing employees in the city, such as autoworkers, are now eligible to receive the Covid-19 vaccine without any restrictions such as age or proof of preexisting conditions. Stellantis employees in Boone County, Illinois, were among the first autoworkers to receive Covid-19 vaccinations.

cnbc.com

Local 4 News at Noon -- March 1, 2021

DETROIT – Here’s what you missed on Local 4 News at Noon. FCA pleads guilty in corruption probeFiat Chrysler Automobiles, now part of Stellantis, has pleaded guilty in a long-running corruption probe. Not long ago, they formally admitted to paying more than $3.5 million in personal expenses for senior UAW officials.

Why you should ask about ‘destination fee’s before purchasing a new vehicle

DETROIT – When you buy a new car, there are usually a lot of fees you have to pay. Included in that fee is a destination fee, which is the charge for delivering the car from the factory to the dealership. He said Stellantis in particular has had destination charges go up. READ: What Stellantis means for jobs, future prospects in Metro Detroit“When assessing vehicle pricing, we do not look at any single element of the pricing equation. There is no requirement that a destination fee be included in advertising.

Some auto industry leaders concerned about over-commitment to electric vehicles

DETROIT – Much of General Motors’ success and positive press in recent months comes from the discussion around electric vehicles. GM wants to sell all electric vehicles by 2035 and be carbon neutral by 2040. Stellantis CEO Carlos Tavares visited Detroit, looking to introduce himself and see his Detroit plants. Chrysler’s future is likely electric and autonomous. He said the company is aggressively pursuing electric vehicles, but also said the company has to be very careful because electrification adds significant cost.

What Stellantis means for jobs, future prospects in Metro Detroit

DETROIT – What was Chrysler went to Daimler Chrysler then Fiat Chrysler and now Stellantis. The merger was announced over the weekend and the new CEO on Tuesday talked about how the enlarged company will compete. The one thing Stellantis CEO, Carlos Tavares, said Tuesday that should give FCA employees comfort is he doesn’t expect layoffs saying the company’s new global scale will put a shield around jobs. But the CEO says global scale provides strength to handle a lot meaning no layoffs. “I think Stellantis is at a point of strong fundamentals to do great things in the future,” said Tavares.

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