New Stellantis layoffs mean over 3,000 jobs set to go in Italy:
reuters.com/business/autos-transportation/new-stellantis-layoffs-mean-over-3000-jobs-set-go-italy-2024-03-27/
Quick Glance: Massive job cuts announced by Stellantis in Italy
- Stellantis has entered into additional agreements with unions in Italy for voluntary layoffs, potentially reducing over 3,000 jobs in the country.
- The workforce reduction is being driven by the shift to cleaner energy in the industry and complements similar agreements already made for other locations such as Turin and Pratola Serra.
- The new agreements primarily involve voluntary redundancy packages for employees nearing retirement age or seeking new professional opportunities.
- Stellantis employs approximately 43,000 individuals in Italy and is in discussions with the Italian government to increase annual production in the country to one million vehicles.
Story Details
| Last Updated | Mar 27 |
| Total Articles | 4 |
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Stellantis signs deals to cut at least 2,500 jobs in Italy: Stellantis has reached voluntary deals to cut at least 2,500 jobs in Italy, labour unions said on ...
reuters.com/business/autos-transportation/stellantis-signs-voluntary-exit-deal-up-1500-workers-turin-2024-03-26/
Stellantis announces mass layoffs in US and Europe: Stellantis fired 400 US tech workers on Friday followed today by mass layoffs in Italy due to what it says ...
electrek.co/2024/03/26/stellantis-announces-mass-layoffs-in-us-and-europe/
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Stellantis signs deals to cut at least 2,500 jobs in Italy: Stellantis has reached voluntary deals to cut at least 2,500 jobs in Italy, labour unions said on ...
reuters.com/business/autos-transportation/stellantis-signs-voluntary-exit-deal-up-1500-workers-turin-2024-03-26/
Stellantis announces mass layoffs in US and Europe: Stellantis fired 400 US tech workers on Friday followed today by mass layoffs in Italy due to what it says ...
electrek.co/2024/03/26/stellantis-announces-mass-layoffs-in-us-and-europe/
Europe Car Sales Drop in March as EV Weakness Persists: Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen AG and Stellantis NV ...
bloomberg.com/news/articles/2024-04-18/europe-car-sales-drop-in-march-as-ev-weakness-persists
Three Stellantis plants halted due to strike at supplier: Production at three Stellantis assembly plants in Europe has been stopped for several days due to a ...
reuters.com/business/autos-transportation/three-stellantis-plants-halted-due-strike-contractor-2024-04-25/
Coffee maker Lavazza launches bid to delist Italy's IVS: Italian coffee maker Lavazza said on Tuesday it would launch a voluntary tender offer to buy a 28 ...
reuters.com/markets/deals/coffee-maker-lavazza-launches-bid-delist-italys-ivs-2024-04-23/
Fiat, Alfa Romeo: Italy's car industry has missed the electric age: Car production has been falling in Italy for many years. Many suppliers are heavily dependent ...
nzz.ch/wirtschaft/fiat-alfa-romeo-italiens-autoindustrie-hat-das-elektro-zeitalter-verschlafen-ld.1826094
Juventus ordered to pay Ronaldo over 10 million dollars in back wages | Africanews
africanews.com/2024/04/18/juventus-ordered-to-pay-ronaldo-over-10-million-dollars-in-back-wages/
Quick Glance: Ronaldo to Receive 9.7m Euros from Juventus for Unpaid Salary
- Portuguese star Cristiano Ronaldo is set to receive 9.7 million euros (J$1.58 billion) from Juventus for unpaid wages from the 2020-21 season, as announced by the Italian courts on Wednesday.
- The arbitration panel, to which Ronaldo appealed, has instructed Juventus Turin to pay the sum of 9,774,166.66 euros, in addition to interest and procedural costs, as detailed in its decision.
- This amount reflects the variance between Ronaldo's actual received salary and the one he should have received after tax and other deductions.
- When contacted by AFP, Juventus refused to provide a comment but mentioned that a statement would be released 'shortly'.
Alfa Romeo Renames SUV Model Name to Defuse Tension With Italy: Stellantis NV is changing the name of a sport utility vehicle made by one of its sports-car ...
bloomberg.com/news/articles/2024-04-15/alfa-romeo-renames-suv-model-name-to-defuse-tension-with-italy
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Quick Glance: Controversy in Italy: Can a car be named „Milano“ if it comes from Poland?
- Alfa Romeo unveils the Alfa Milano, a new full-electric SUV manufactured in Poland.
- Italian government concerned about the impact on „Made in Italy“ due to production in Poland.
- Dispute arises over the name „Milano“ based on a 2003 law against false origin claims.
- Debate on the relevance of protected origin designations for global car manufacturers.
Archer Aviation aims to start electric air taxi trials in India next year: Archer Aviation , backed by Stellantis and Boeing , aims to begin trials of its ...
reuters.com/business/aerospace-defense/archer-aviation-aims-start-electric-air-taxi-trials-india-next-year-2024-04-19/
Quick Glance: Archer Aviation Plans to Start Electric Air Taxi Trials in India Next Year
- Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026.
- The company is working with India's aviation watchdog to get the necessary regulatory approvals for trials in the country.
- Archer and InterGlobe will, in a joint venture, own and operate 200 of the 'Midnight' aircraft, providing services in India's capital New Delhi, and Mumbai and Bengaluru cities.
- The electric aircraft can carry four passengers and a pilot for up to 100 miles, covering the same distance in 7 minutes that would take 60-90 minutes by car in New Delhi.
How Nutella went from an emergency solution to a global success: 60 years ago, a small pastry shop in northern Italy invented a spread that made a career for ...
tagesschau.de/wirtschaft/unternehmen/60-jahre-nutella-100.html
Quick Glance: Nutella: History of a Controversial Success
- Nutella, an unhealthy spread, celebrates its 60th anniversary.
- Despite health concerns, Nutella is a global success as a 'love brand'.
- The origin story of Nutella and the controversial use of palm oil.
- The challenges for Ferrero in times of health awareness and marketing.
How to build a global business empire in the 21st century: Disney, Ford, Microsoft and the age of the quasi-merger
economist.com/business/2024/04/22/how-to-build-a-global-business-empire-in-the-21st-century
Abarth Classiche 1300 OT Brings Alfa 4C Back to Life, But Uglier: The Abarth Classiche 1300 OT is a re-bodied Alfa Romeo 4C designed to honor a classic race car ...
thedrive.com/news/abarth-classiche-1300-ot-brings-alfa-4c-back-to-life-but-uglier
Rüsselsheim with high-tech: New Opel Grandland unveiled - grown quite a bit: With the second generation of the Grandland, the SUV has not only grown ...
n-tv.de/auto/Neuer-Opel-Grandland-enthuellt-ganz-schoen-gewachsen-article24886951.html
CNH picks Iveco Group's Marx as new chief executive: The holding company of Italy's Agnelli family has overseen a shakeup at the top of two of its major ...
reuters.com/business/cnh-picks-iveco-groups-marx-new-chief-executive-2024-04-21/
Juventus title hopes over after Torino stalemate: Juventus' hopes of wining the Italian Serie A title ended after a 0-0 draw at city rivals Torino on Saturday.
reuters.com/sports/soccer/juventus-title-hopes-over-after-torino-stalemate-2024-04-13/
GM's CEO no longer highest paid Detroit auto executive: GM CEO Mary Barra made $27.8 million in 2023, behind Stellantis NV CEO Carlos Tavares' compensation.
detroitnews.com/story/business/autos/general-motors/2024/04/24/gm-ceo-no-longer-highest-paid-detroit-auto-executive/73411377007/
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues : Stellantis is recalling 38,164 vehicles due to an issue which can prevent the ...
reuters.com/business/autos-transportation/chrysler-recall-over-38000-vehicles-us-regulator-says-2024-03-20/
Stellantis (STLA) CEO Says a Chinese EV Plant in Italy Would Be a 'Threat'
bloomberg.com/news/articles/2024-04-10/stellantis-ceo-warns-pain-to-come-if-italy-gets-chinese-ev-plant
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Here's why so many electric vehicle startups fail: The EV revolution is a tempting proposition for entrepreneurs. But the business is not for the faint of heart ...
cnbc.com/2024/04/18/why-so-many-electric-vehicle-startups-fail.html
Johnny Depp wants to move to Italy: The actor is said to be interested in a castle in a small community near Turin. The mayor is less pleased.
faz.net/aktuell/gesellschaft/menschen/johnny-depp-will-nach-italien-ziehen-19657294.html
Turin clamps down on smoking outdoors: Turin bans smoking within five metres of other people outdoors.
The north Italian city of Turin has banned smokers from ...
wantedinmilan.com/news/turin-clamps-down-on-smoking-outdoors.html
Toledo Jeep under 'emergency' work schedule to make up for lost Wranglers: Employees are working mandatory 10-hour days, seven days per week to make up for lost ...
detroitnews.com/story/business/autos/chrysler/2024/04/26/toledo-jeep-under-emergency-schedule-to-make-up-for-lost-wranglers/73471022007/
Chinese car manufacturing in Italy could force tough decisions, says Stellantis CEO
reuters.com/business/autos-transportation/stellantis-extend-production-ice-fiat-panda-city-car-2030-ceo-days-2024-04-10/
Names are not just smoke and mirrors. This is proven by the dispute that the Italian government has started with the car company Stellantis.
Alpha: Why Italy's government, in an unprecedented move, forced the company to rename its new model shortly before launch.
augsburger-allgemeine.de/politik/alfa-id70515151.html
San Jose loses a popular brewery. Is downtown’s momentum in danger of stalling?: Camino had been among the better-known and most popular of San Jose's craft ...
mercurynews.com/2024/04/13/san-jose-loses-a-popular-brewery-is-downtowns-momentum-in-danger-of-stalling/
Quick Glance: Popular Brewery Closes: Is Downtown's Momentum at Risk?
- Shortly after celebrating its sixth anniversary, Camino Brewing Company in San Jose unexpectedly shut its doors due to inflation, slow pandemic recovery, and a failed funding plan.
- While Camino's closure is regrettable, it should not signal downtown's downfall. New openings and cultural additions have revitalized the area, yet concerns loom over other venues facing challenges.
- Office return rates lingering at 40% explain the mainly nighttime activities. Popular establishments like the San Jose Museum of Quilts and Textiles are struggling, highlighting the need for community support.
- The opening of Elyse and potential closures of other downtown gems emphasize the importance of patronizing and backing local businesses to preserve the cultural tapestry of the city.
Singaporean actor Mathi Alagan has a role in Hollywood film Monkey Man: The actor has starred in Mediacorp dramas Tanglin and Code Of Law.
cnalifestyle.channelnewsasia.com/entertainment/mathi-alagan-hollywood-monkey-man-dev-patel-388196
Honda to get up to $5B in government aid for EV battery, assembly plants in Ontario
montrealgazette.com/news/national/honda-to-get-up-to-5b-in-government-aid-for-ev-battery-assembly-plants
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Stellantis boss slams ‘terrible’ UK electric vehicle policy: Carlos Tavares says Britain’s quota regime could bankrupt carmakers
ft.com/content/ece7fba0-3911-4e8b-a586-e0d44fa1d9f2
Quick Glance: Spanish PM Contemplates Resignation Amid Wife's Corruption Probe
- Spanish Prime Minister Pedro Sánchez is considering stepping down after allegations of corruption involving his wife.
- Sánchez will announce a decision on his political future next week and has temporarily canceled public duties.
- The investigation against Sánchez's wife was initiated due to allegations of receiving favors from companies that secured government contracts.
2025 Ram 1500 RHO revealed: Pricing, specs, when you’ll see it in dealerships: The RHO isn't pitched as a TRX replacement but as a more "attainable" off-road ...
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TUI's new flights to 'breathtaking views of crystal-clear waters': The travel company has revealed four new resorts across three destinations for its summer 2024 ...
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UAW's Shawn Fain makes Time's list of 100 most influential people of 2024: UAW President Shawn Fain has been named as one of Time's 100 most influential people ...
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Music AI Suno: Be careful, the music world is ending: Our music editor produced an entire song in one day using the new AI music program Suno ...
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'Air smells like paint': Odors persist after Stellantis installs equipment, neighbors say
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G7 climate policy will not reach targets, says report: Ahead of the meeting in Turin of the G7 environment and energy ministers, experts say the group's climate ...
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Stellantis plans factory worker layoffs in the coming months: The automaker faces increased capital spending to make the transition from gasoline vehicles to ...
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Nutella empire: how the Ferreros got rich with hazelnuts: The Nutella inventors are national heroes in Italy. And yet there is also criticism of the clan ...
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On Ryanair flight: Expectant father dies shortly after take-off: A Ryanair airline passenger plane
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The 6 Best Vermouths for Negronis, According to Bartenders: With a simple list of ingredients, execution and balance is everything, and vermouth is crucial to ...
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Turin: Passenger (33) dies on board Ryanair plane - Man complained of nausea: A few minutes after a Ryanair plane took off from Turin, a passenger died on board ...
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Juventus for Earth Day - Juventus: Today is Earth Day, an occasion on which to raise awareness of the importance of environmental sustainability and to promote ...
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A love letter to the Fiat 500: Do you have a Fiat 500 in your garage? The originals are not expensive in Italy and come in a variety of colours ...
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What does it take to earn a Michelin star? These four restaurants are trying to find out.
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Rupert Everett Honored at Lovers Film Festival in Italy: Rupert Everett honored at Italy's Lovers Film Festival, the oldest LGBTQ film fest in the world.
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Difficult times for smokers: Possible complete ban in Great Britain, Turin introduces five-meter distance
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Ellesmere Port manufacturer helps firm win top British award: Vauxhall, alongside its sister brands in the Stellantis group, has been named Van Manufacturer of ...
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Intesa Sanpaolo: A Good Bank In A Bad Macro Picture: Intesa Sanpaolo (ISNPY) is a well-managed Italian bank with strong financial performance in 2023 ...
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The Novello Theatre valued at £300,000 for local community purchase: A 100-year-old theatre has been listed for sale to the local community after campaigners ...
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Today in Italy: A roundup of the latest news on Wednesday: Earthquake shakes Siena, Turin introduces smoking ban, Milan design fair opens ...
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Stellantis shareholders OK dividend, support Tavares pay package: Stellantis shareholders approved a $1.65 per share dividend and OK'd a new board member during ...
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These stocks are too cheap to ignore: Experts recommend these undervalued stocks: These 5 stocks are simply too cheap to ignore. Which undervalued stocks ...
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The Italian Mokka: Alfa Romeo Milano comes as an electric car or hybrid: Alfa Romeo is launching a compact SUV as its first electric car. It is based on the ...
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Even before the travel wave: the first huge traffic jams form in front of Italian seaside resorts
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Study: Mercedes-Benz most profitable, Tesla slips: Mercedes-Benz led the auto industry in 2023 with an EBIT margin of 12.8%, despite an industry decline in Q4.
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2024 Fiat 500e: A very small electric car that’s perfect for a very small number of people
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Quick Glance: Compact Electric Fiat 500e Suits Its Market Perfectly
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- Fiat intends to introduce various editions of the 500e featuring distinct colors and functionalities.
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On the agenda: What's happening in Italy this week: From climate protests to the start of Venice's Biennale art exhibition, here’s what to expect in Italy ...
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Italian Government Upset Alfa Romeo ‘Milano’ Will Be Built in Poland: The Italian Minister for Business has criticized Stellantis for manufacturing the Alfa ...
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Stellantis cuts 200-plus supplemental workers in Detroit: The cuts at a warehousing facility are among the latest of several rounds of job reductions by the ...
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On the death of car designer Paolo Pininfarina: Paolo Pininfarina has died at the age of 65. It is also thanks to him that Turin became the dream factory of ...
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VW attacks again: Our analysis reveals why VW is not in first place in the ranking of the largest car manufacturers in the world and what the strengths of ...
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Auto industry must halve EV battery weight over next decade, Stellantis CEO says: The automotive industry will have to reduce the weight of EV batteries by 50% ...
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Juventus back on form with 1-0 win over Fiorentina: Juventus returned to winning ways after four league games without a victory thanks to a 1-0 success against ...
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Horror accident in Italy: Model and DJ burn to death in Ferrari: The logo of the sports car manufacturer Ferrari (symbolic photo).
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The new Giulia is coming in 2026: The Alfa Romeo Giulia will arrive in 2026 at the latest - with electric drive, but combustion engines are also possible ...
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Italy Says Arrivederci To Its Little AMX Attack Jets: A joint venture between Italy and Brazil, the subsonic AMX attack jet was retired today by the Italian Air ...
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La inteligencia artificial produce nuevas canciones a golpe de ratón: Si antes querías hacer música, tenías que ser capaz de hacer muchas cosas; hoy sólo ...
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EV battery weight must be cut in half in next decade, exec says: The weight of electric vehicles batteries should be cut by half over the next decade in order to ...
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New Stellantis Korea head vows to 'restore brand identity' : Stellantis Korea will focus on regaining customers' trust and improving its brand identity ...
koreatimes.co.kr/www/tech/2024/04/419_371817.html
Why Stellantis’s CEO Remains All-In on EVs as Others Retrench: Carlos Tavares is betting big on the company’s flexible manufacturing platforms as it rolls out ...
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Juve beat Lazio to put one foot in Italian Cup final: Juventus are heavy favorites to reach the Italian Cup final after beating Lazio 2-0 in Tuesday's semi-final ...
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‘We’d like to shoot them all’: growing army of wolfdogs raises hackles across Europe
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Half Of This Quarter's Jeep Wrangler Sales Were 4xe Hybrids: Stellantis, Jeep’s parent company, has published its first-quarter sales figures, and the results ...
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Today in Italy: A roundup of the latest news on Monday: Mount Etna puffs rare 'smoke rings', PD to bring in new ethics code after vote-buying scandal ...
thelocal.it/20240408/today-in-italy-a-roundup-of-the-latest-news-on-monday-13
Ford to expand hybrid vehicles, push back launch of 3-row EVs to stay competitive
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Lancia Continues Teasing Returning to Rally: A former rallying icon has confirmed its intention to return to the sport of rallying after a three-decade ...
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Dramatic injury time: Turin equalizes - and then loses in Empoli: Video: Things got heated in the last minutes of the game in Empoli. Initially ...
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AI music: This is what AI songs sound like: Singers like Billie Eilish are worried about artificial intelligence. But are bots really the better songwriters? ...
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