Stellantis confident it can offset financial impact of N. America strikes

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Go back to Stellantis confident it can offset financial impact of N. America strikes

Toyota (TM) to raise wages of US workers following UAW labor deals

November 1, 2023 2:06 PM EDT

Toyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will raise the wages of the companys nonunion U.S. factory workers. The announcement comes just days after the United Auto Workers (UAW) union won major pay and benefits enhancements from Detroit's three biggest... More

Bernstein upgrades Stellantis (STLA) to Outperform following UAW agreement

November 1, 2023 10:05 AM EDT

Bernstein upgraded Stellantis (NYSE: STLA) to an Outperform rating (From Market-Perform) and raised their 12-month price target on the automotive stock to $26.40 (From $18.50) after the Detroit automaker secured a new labor deal with the United Auto Workers (UAW) union, effectively ending strikes against the... More

Deutsche Bank sees 'no hit' from UAW strike in October

October 31, 2023 10:45 AM EDT

Deutsche Bank research released an Industry update on the current state of the auto industry following the tentative conclusion of a six week long strike by the United Auto Workers against Detroits three biggest car companies, General Motors (NYSE: GM), Ford (NYSE: F), and Chrysler-parent Stellantis (NYSE:... More