Current:Home > MyStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -MarketEdge
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-17 09:07:58
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! (67)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Sister Wives’ Janelle Brown Marks Rare Celebration After Kody Brown Split
- Joe Biden's granddaughter Naomi Biden announces Election Day pregnancy: 'We voted'
- Opinion: TV news is awash in election post-mortems. I wonder if we'll survive
- The company planning a successor to Concorde makes its first supersonic test
- Spread Christmas Cheer With These Elf-Inspired Gifts That’ll Have Fans Singing Loud for All To Hear
- Don’t wait for a holiday surge. Now is a good time to get your flu and COVID-19 vaccines
- 40 monkeys escape from Alpha Genesis research facility in South Carolina
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- SEC clashes Georgia-Ole Miss, Alabama-LSU lead college football Week 11 expert predictions
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Michigan man sentenced to 30 years in prison for role in online child exploitation ring
- Menendez Brothers 'Dateline' special to feature never-aired clip from 2017 interview
- Health care worker gets 2 years for accessing Ruth Bader Ginsburg’s medical records
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Certain absentee ballots in one Georgia county will be counted if they’re received late
- This '90s Music Icon's Masked Singer Elimination Will Leave You Absolutely Torn
- Target’s Early Black Friday Deals Have Arrived: Save Up to 50% off Ninja, Beats, Apple & Christmas Decor
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
AI DataMind: The Leap in Integrating Quantitative Trading with Artificial Intelligence
Health care worker gets 2 years for accessing Ruth Bader Ginsburg’s medical records
Hurricane Rafael storms into Gulf after slamming Cuba, collapsing power grid
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
California governor calls special session to protect liberal policies from Trump presidency
Man arrested at JFK Airport in plot to join ISIS in Syria
Caroline Ellison begins 2-year sentence for her role in Bankman-Fried’s FTX fraud