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  • Stellantis idles plants in Mexico and Canada due to tariffs

    04/03/2025 7:29:40 AM PDT · by Red Badger · 66 replies
    CNBC ^ | April 03, 2025 | Michael Wayland
    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. ****************************************************************************
  • Electric vehicles less reliable because of newer technologies, Consumer Reports finds

    11/15/2022 9:32:35 AM PST · by SaxxonWoods · 43 replies
    CNBC/Consumer Reports ^ | 11/18/2022 | Michael Wayland, Laura Kolodny
    Electric vehicles are among the least reliable cars and trucks in the automotive industry today, according to Consumer Reports rankings released Tuesday. Reliability issues with all-electric vehicles were expected, since most automakers, with the exception of early EV-leader Tesla, launched fully electric models in just recent years. Consumer Reports surveyed owners of more than 300,000 vehicles to make predictions about the reliability of 2023 model year vehicles.