Current:Home > FinanceStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -BrightFutureFinance
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-16 10:51:12
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! (2)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- You'll Need a Pumptini After Tom Sandoval and James Kennedy's Vanderpump Rules Reunion Fight
- An abortion doula pivots after North Carolina's new restrictions
- Keep Up With Khloe Kardashian and Tristan Thompson's Cutest Moments With True and Tatum
- Questlove charts 50 years of SNL musical hits (and misses)
- Can multivitamins improve memory? A new study shows 'intriguing' results
- With Giant Oil Tanks on Its Waterfront, This City Wants to Know: What Happens When Sea Level Rises?
- Selling Sunset's Chelsea Lazkani Reveals If She Regrets Comments About Bre Tiesi and Nick Cannon
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- FDA advisers narrowly back first gene therapy for muscular dystrophy
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Missing sub pilot linked to a famous Titanic couple who died giving lifeboat seats to younger passengers
- A woman is in custody after refusing tuberculosis treatment for more than a year
- Deaths of American couple prompt luxury hotel in Mexico to suspend operations
- This was the average Social Security benefit in 2004, and here's what it is now
- Exxon Ramps Up Free Speech Argument in Fighting Climate Fraud Investigations
- For Exxon, a Year of Living Dangerously
- The abortion pill mifepristone has another day in federal court
Recommendation
All That You Wanted to Know About She’s All That
You'll Need a Pumptini After Tom Sandoval and James Kennedy's Vanderpump Rules Reunion Fight
Amory Lovins: Freedom From Fossil Fuels Is a Possible Dream
College Baseball Player Angel Mercado-Ocasio Dead at 19 After Field Accident
The Super Bowl could end in a 'three
People with disabilities aren't often seen in stock photos. The CPSC is changing that
Today’s Dylan Dreyer Shares Son Calvin’s Celiac Disease Diagnosis Amid “Constant Pain”
Jack Hanna's family opens up about his Alzheimer's diagnosis, saying he doesn't know most of his family