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Stellantis N.V. (STLA)
After hours:
- Yahoo Finance
Ford's April sales dip, but hybrids shipments surge
Ford reported April US sales that dipped slightly, but saw continued strength with hybrid and truck sales, highlighting the automaker’s pivot into those vehicles.
- PR Newswire
Jeep® 4x4s Stretch for 10 Miles During Jeep Beach Parade in Daytona Beach
More than 10,000 Jeep® 4x4s took part in the 16-mile-long Jeep Beach Parade on Sunday morning, April 28
- Benzinga
Stellantis Adapts to EV Challenge, Follows Tesla's Lead by Cutting Costs Through Global Job Shifts
Stellantis NV (NYSE:STLA) is shifting its engineering recruitment toward lower-cost countries such as Morocco, India, and Brazil, responding to the challenges posed by cheaper Chinese electric vehicles and diminished demand. The company, known for producing Jeep SUVs, Opel Corsas, and Chrysler minivans, now targets hiring where the annual cost per engineer is roughly 50,000 euros (roughly $53,400) or less, a fraction of the cost in places like Paris and Detroit. The company’s CEO, Carlos Tavares
