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Biden Administration Doles Out $1.1B to GM, Stellantis to Convert Plants to EV Production

Biden Administration Doles Out $1.1B to GM, Stellantis to Convert Plants to EV Production

Although EV sales aren’t going at breakneck speed these days, automakers are still churning out new models and planning for future models. To make that easier, the Biden administration awarded $1.1 billion in grants to General Motors and Stellantis to convert existing plants to build electric vehicles and components. Get details at Headlight.News.

Rearview Camera Problem Forces Stellantis to Recall 1.16M Vehicles

Rearview Camera Problem Forces Stellantis to Recall 1.16M Vehicles

A software glitch preventing the rear view cameras from displaying images on the vehicle’s touchscreen necessitated a recall of 1.16 million Stellantis vehicles. The cameras are equipment on vehicles in the Ram, Jeep and Chrysler vehicles in the U.S. and Canada. Find out more at Headlight.News.

Stellantis “In the Black” on EV, Says CEO, But Tavares Warns Other Automakers Could Be Forced Out by Losses

Stellantis “In the Black” on EV, Says CEO, But Tavares Warns Other Automakers Could Be Forced Out by Losses

With rare exception EVs have been big money-losers for the auto industry. But there are a few exceptions, starting with Tesla. Now, Stellantis CEO Carlos Tavares says his companies electrified vehicles also are “in the black.” Speaking at an industry conference, Tavares warned that automakers who can’t improve margins could be forced out of business by the end of the decade.