Current:Home > reviewsStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -CapitalWay
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
Poinbank Exchange View
Date:2025-04-08 20:35:51
MILAN (AP) — Stellantis, the multinational maker of Jeep and Ram, said Tuesday that it is canceling its participation in next year’s CES technology show in Las Vegas citing the “mounting” costs of the ongoing auto workers strike in North America.
The Europe-based company said its focus is on measures “to mitigate financial impacts and preserve capital,” during the ongoing negotiations with the United Auto Workers union. It said it would “demonstrate its transformation into a mobility tech company through other means” than participation in CES 2024.
CES has increasingly become a forum for car news, as automotive and tech companies increase their cooperation. The next edition will be held Jan. 9-12.
The strike by the United Auto Workers union has entered its fifth week with no end in sight. The union has targeted specific plants from each U.S. automaker, including Stellantis, General Motors and Ford. About 34,000 autoworkers are on strike against the three companies, and the union has threatened to expand to add more factories.
veryGood! (1)
Related
- The company planning a successor to Concorde makes its first supersonic test
- The Best Ulta Sale of the Summer Is Finally Here: Save 50% On Living Proof, Lancôme, Stila, Redken & More
- The missing submersible raises troubling questions for the adventure tourism industry
- International screenwriters organize 'Day of Solidarity' supporting Hollywood writers
- Bodycam footage shows high
- Taylor Swift Reunites With Taylor Lautner in I Can See You Video and Onstage
- Ex-Starbucks manager awarded $25.6 million in case tied to arrests of 2 Black men
- Has inflation changed how you shop and spend? We want to hear from you
- Why members of two of EPA's influential science advisory committees were let go
- Remember Reaganomics? Freakonomics? Now there's Bidenomics
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Study Finds Global Warming Fingerprint on 2022’s Northern Hemisphere Megadrought
- When big tech laid off these H-1B workers, a countdown began
- RHONY's Kelly Bensimon Is Engaged to Scott Litner: See Her Ring
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- UPS workers facing extreme heat win a deal to get air conditioning in new trucks
- Texas Oil and Gas Agency Investigating 5.4 Magnitude Earthquake in West Texas, the Largest in Three Decades
- Harry Styles Reacts to Tennis Star Elina Monfils Giving Up Concert Tickets Amid Wimbledon Run
Recommendation
Trump wants to turn the clock on daylight saving time
Save 50% On This Calf and Foot Stretcher With 1,800+ 5-Star Amazon Reviews
The missing submersible raises troubling questions for the adventure tourism industry
Kim Kardashian Is Freaking Out After Spotting Mystery Shadow in Her Selfie
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere
Experts raised safety concerns about OceanGate years before its Titanic sub vanished
Flash Deal: Save 66% on an HP Laptop and Get 1 Year of Microsoft Office and Wireless Mouse for Free