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News Articles: Chrysler

New Jeeps sit on a Dodge-Chrysler-Jeep-Ram dealership's lot on October 3, 2023, in Miami, Fla. Stellantis, which owns all four American brands, has been struggling financially.

Tagged as: 

  • Business

Stellantis, maker of Jeep and Ram, lays off more than 1,000 Detroit workers

The international company that owns the American brands is struggling with a glut of unsold cars and smaller profits. The layoffs could have ripple effects through its U.S. workforce of 52,000.

October 11, 2024
|
By:
  • Camila Domonoske
Jeeps are delivered to a dealership in Chicago on June 20. Stellantis, the parent company of Jeep, reported disappointing earnings for the first half of 2024.

Tagged as: 

  • Business

U.S. automakers had a punishing week — with a silver lining for shoppers

The four major U.S. automakers — GM, Ford, Stellantis and Tesla — all reported earnings this week and saw their stocks decline. The auto industry is at a "Darwinian" inflection point, says one CEO.

July 26, 2024
|
By:
  • Camila Domonoske
United Auto Workers President Shawn Fain marches with UAW members through downtown Detroit on Friday after a rally in support of UAW members as they strike against the automakers Ford, General Motors and Stellantis.

Tagged as: 

  • Business

UAW strike, Day 4: GM threatens to send 2,000 workers home, Ford cuts 600 jobs

Autoworkers are on strike at General Motors, Ford and Stellantis, an unprecedented move by the United Auto Workers union. Already, there are ripple effects.

September 18, 2023
|
By:
  • Andrea Hsu
In this Wednesday, May 8, 2013 photo, Jeff Caldwell, 29, a chassis assembly line supervisor, monitors the assembly line at the Chrysler Jefferson North Assembly plant in Detroit.

Tagged as: 

  • Business

Why you shouldn't be surprised that autoworkers are asking for a 40% pay raise

Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.

September 15, 2023
|
By:
  • Danielle Kaye
General Motors CEO Mary Barra made nearly $29 million in 2022. This amount is 362 times the median GM employee's paycheck, according to Securities and Exchange Commission filings.

Tagged as: 

  • Business

Sky-high CEO pay is in focus as workers everywhere are demanding higher wages

As autoworkers' real wages fall, top executives at the Big Three carmakers continue to earn tens of millions of dollars each year — hundreds of times more than the median employee.

September 14, 2023
|
By:
  • Danielle Kaye and
  • Andrea Hsu

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