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Neil Young is facing criticism for a new song he wrote about “fascists” buying Teslas. The 79-year-old singer-songwriter debuted the song, reportedly titled “Let’s Roll Again,” at the Light Up the Blue charity concert in Los Angeles over the weekend. “If you’re a fascist, get a Tesla / It’s electric, it doesn’t matter / If you’re a Democrat, taste your freedom / Get whatever you want, taste your freedom,” Young could be heard singing in clips circulating on social media. “Come on Ford, come on GM / Come on Chrysler, let’s roll again,” the song continued. “Build something special that...

Key Points Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs. The actions will result in roughly 900 U.S.-represented employees at supporting plants getting temporarily laid off in addition to roughly 4,500 hourly workers at the Canadian plant. ****************************************************************************

Illinois had some rare, good news yesterday.Stellantis, the Big 3 auto maker, announced it will be investing $1.2 billion in its Belvidere assembly plant and bringing back about 1,500 jobs there.You’ll never know who really got it done if you listen to Illinois’ leadership.It was a “dramatic turnabout,” as the Detroit Free Press put it.As you may remember, Gov. JB Pritzker announced to much fanfare in October 2023 that the Stellantis facility in Belvidere, idled with layoffs just before the previous Christmas, would be reopened. But no deal was ever signed and, last year, Stellantis indefinitely postponed any Belividere expansion,...

MONEYWATCH More than 63,000 Jeep Cherokees recalled over sudden loss of power and brake function moneywatch By Anne Marie Lee Edited By Alain Sherter Updated on: January 22, 2025 / 3:29 PM EST / CBS News Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and impede parking, increasing the risk of a crash, according to a recall notice posted Wednesday by the National Highway Traffic Safety Administration. As a result of a poorly seated input shaft ring, the vehicles' "power transfer unit (PTU) may...

President-elect Donald Trump's landslide victory over Vice President Harris is already sending shockwaves through the business world as executives have looked to move production out of China since last week, former Home Depot and Chrysler CEO Bob Nardelli told FOX Business. "I think he's [Trump] going to be very positive about growth. He's going to be very protective. He's going to try to re-shore onshore stuff out of China," he said Tuesday on "Mornings with Maria." "Big discussion yesterday about the supply issue, basically superseding the domestic demand issue in China, so a lot of the companies I'm talking to...

Traditional and iconic American brands have been doing some pretty bizarre and self destructive things that make no sense , lately. But, when you look at the bigger picture and consider what China has been doing in the name of expanding its EV Industry, securing huge mineral resources via the Belt And Road Initiative and gaining control of American businesses, the ultimate end game becomes clear. Here's how it and Net Zero all time together.

American automakers will need to make major changes to their businesses if they want to remain competitive with Chinese electric vehicles (EVs) poised to flood the global market, according to analysis published by auto industry consultants. U.S. manufacturers currently do tens of billions of dollars of business abroad, but Chinese competitors are poised to take over approximately one-third of the global market share by 2030 with particularly strong growth in Europe, South America and Asia driven by EVs and plug-in hybrids, AlixPartners projects in its report. The auto market is evolving to favor EVs thanks in part to the policy...

DETROIT (Michigan News Source) – Automaker Stellantis is recalling more than 211,000 SUVs and pickup trucks due to a software issue with the braking systems. The recall affects 2022 models of the Dodge Durango and Ram 2500 and 3500 trucks. The Ram 2500 is the model with by far the most vehicles impacted. Nearly 158,000 of the 2500 pickups will be recalled, while just over 500 Ram 3500s are affected. Around 53,000 Durangos will be recalled. According to the National Highway Traffic Safety Administration, many of these vehicles have a problem with the anti-lock braking control module, which could potentially...

Michigan autoworkers are worried that President Joe Biden’s policies pushing for a transition to electric vehicles (EV) will cost their jobs, according to The New York Times. Some autoworkers represented by the United Auto Workers (UAW) union are not pleased with the president’s support of EVs due to the products needing less manpower to produce, which could eliminate tens of thousands of jobs not just in manufacturing, but also in supporting services like insurance and trucking, according to the NYT. Biden has made union support a key part of his campaign and presidential policy, but his push to have half...

On November 28, 1973, approximately 2,000 Detroit auto workers, led by Arab Americans, walk off their jobs at Chrysler’s Dodge Main plant, demanding that the leadership of their union, the United Auto Workers (UAW), divest from Israel. The strike, which was organized by the union’s recently formed Arab Workers Caucus, was centered around an event taking place that same day in Detroit: Leonard Woodcock, the president of UAW, was set to receive a humanitarian honor from a Zionist organization, B’nai B’rith International. This local push for divestment began a month prior to the strike, when UAW workers in Detroit became...

President Joe Biden promised to be the “most pro-union president” in U.S. history. But his push to transition to electric vehicles (EVs) may be costing him a union endorsement — at least for now. United Auto Workers (UAW) President Shawn Fain said in a letter seen by Reuters the union would hold off on endorsing Biden’s re-election bid due to concerns about the EV push. “The federal government is pouring billions into the electric vehicle transition, with no strings attached and no commitment to workers. The EV transition is at serious risk of becoming a race to the bottom,” Fain...

The National Highway Traffic Safety Administration (NHTSA) confirmed the death Monday. It was the third death attributed to a recalled Takata airbag in a Fiat Chrysler sedan in 2022 and the fifth in total involving such airbags in any car over the past year. Fiat Chrysler’s latest “Do Not Drive” warning concerns around 276,000 vehicles, including 2005-2010 Dodge Magnums, Chargers and Challengers, and Chrysler 300 sedans of the same model years. Owners of these vehicles are encouraged to check if their cars’ Takata airbags are included in the recall and to call 833-585-0144 to schedule tows and repairs free of...

Total new vehicle sales in September dropped to 1.01 million vehicles, down 37% from 1.6 million vehicles in March, when there were still enough new vehicles to sell. The industry-standard Seasonally Adjusted Annual Rate (SAAR) of sales – which adjusts for the number of selling days per month and for seasonal factors, and converts the monthly sales into what sales would be for an entire year – plunged for the fifth month in a row, by 29% year-over-year, to 12.2 million units SAAR, the lowest, outside of the two lockdown months, since June 2011 ,according to data from the Bureau...

President Biden's top national security and economic advisers are trying to address a critical supply crunch that is slowing U.S. automobile manufacturing and threatens other sectors, including national security, according to experts. National security adviser Jake Sullivan, National Economic Council director Brian Deese, and Commerce Secretary Gina Raimodo will meet with executives from 19 companies to discuss growing shortage of semiconductors, a key component of many computerized electronics. The shortage touches nearly every industry, but U.S. auto makers have been especially hit hard. General Motors, Ford and Stellantis (formed by a merger involving Fiat Chrysler) have all temporarily closed down...

The carmaker is implementing an “asset-light” strategy in the country because of concerns that rising political tensions could lead to sanctions in a conflict between China and the rest of the world... The CEO’s candid comments offer an explanation for Stellantis’s announcement last week it’s leaving a 12-year manufacturing partnership with state-owned Guangzhou Automobile Group. The exit raises uncomfortable questions about what the future may hold for foreign manufacturers in China. The war in Ukraine has disrupted supply chains in Europe, and the lengthening list of sanctions targeting Russia is a grim reminder of what could happen if China were...

Stellantis is closing its assembly plant in Belvidere, Illinois, in February 2023. The Illinois plant employs about 1,350 workers, who are expected to be laid off. Stellantis cited the rising costs of electric vehicle production for the closure. The company said the replacement of the Jeep Cherokee SUV, along with other vehicles on a new electrified platform, will be produced in Toluca, Mexico. Stellantis has said it will invest over $31.6 billion through 2025 on electrifying its vehicle lineup. It also has said it expects EVs to make up 100 percent of its sales in Europe and 50 percent in...

Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles. Stellantis noted in a statement emailed to FOX Business on Friday that the industry had been adversely affected by factors including the ongoing COVID-19 pandemic, the global microchip shortage and the increasing cost related to the electrification of the automotive market, which it said was the most impactful. There are about 1,350 workers at the Belvedere plant, which produces the Jeep Cherokee. Stellantis reportedly told The Associated Press that...

Multinational automaker Stellantis, which formed last year in a merger between Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group, is shuttering a plant in Illinois that produces the Jeep Cherokee. The company dropped a statement for local media: Our industry has been adversely affected by a multitude of factors like the ongoing COVID-19 pandemic and the global microchip shortage, but the most impactful challenge is the increasing cost related to the electrification of the automotive market. Stellantis has taken a number of actions to stabilize production and improve efficiency at its North American facilities to preserve affordability and...

DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28. The more than 1,200 workers at the facility, which produces Jeep Cherokee SUVs, will be placed on indefinite layoffs, the company said. “Our industry has been adversely affected by a multitude of factors like the ongoing COVID-19 pandemic and the global microchip shortage, but the most impactful challenge is the increasing cost related...

WASHINGTON—Roughly half of all cars and light trucks sold in the U.S. by 2030 would be electric, hydrogen-fuel cell and plug-in hybrid vehicles under voluntary targets set to be announced Thursday by the Biden administration and backed by auto makers, contingent on government support. In a joint statement, General Motors Co. , Ford Motor Co. , and Chrysler maker Stellantis NV said their commitment hinges on federal funding for manufacturing and supply-chain research and development, purchase incentives and an EV-charging network. The auto makers said the voluntary targets for EV sales “can be achieved only with the timely deployment of...