Members of the Kennedy family gather for funeral of Ethel KennedyThe Afternoon WireThis could have been a year of a federal court reckoning for Trump.
Stellantis, formed from the 2021 merger of France’s PSA Peugeot and Fiat Chrysler Automobiles, has struggled this year in both Europe and the U.S. He said the company is in a “Darwinian period,” and nothing is off the table including plant closures or shutting down brands. “When you are fighting for survival, you have to consider everything is on the table.”It now expects to end the year with negative cash flow of 5 billion euros to 10 billion euros instead of positive.
UAW President Shawn Fain contends Stellantis wants to delay reopening the plant until after the contract expires in 2028, when it would no longer be legally obligated to reopen it. He’s also upset at reports that Stellantis plans to move production of the Dodge Durango SUV from Detroit to Canada. Ivan Drury, director of insights at Edmunds, said Stellantis for years has lacked affordable models that many buyers in the U.S. now want.
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