Stellantis N.V. (STLA)
After hours:
- PR Newswire
New Dodge Complete Performance Vehicle Protection Package to Include Radford Racing School High-performance Driving Session
New Dodge Complete Performance Package complements vehicle factory powertrain warranty with coverage of more than 5,000 critical components
- Yahoo Finance Video
Why you can't find China's cheap EVs in the US
Chinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic automakers (F, GM, TSLA) have their way, that's how it's going to stay. Yahoo Finance's Pras Subramanian and Rick Newman explain why in the video above. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
- Reuters
Stellantis chief Tavares warns of tough year ahead
MILAN (Reuters) -Carmaker Stellantis faces a challenging year with increasing pricing pressures, its chief executive warned on Tuesday before shareholders voted to approve his bumper 2023 salary package. Having had to contend with high raw material costs and strikes over pay in North America last year, the company is now operating in an increasingly competitive market, CEO Carlos Tavares said. Total remuneration for Tavares rose 56% to up to 36.5 million euros ($38.8 million) including 13 million euros in long-term incentives linked to specific performance targets.
