Current:Home > MyStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -Capitatum
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
TrendPulse Quantitative Think Tank Center View
Date:2025-04-07 18:27:27
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! (9218)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Investigators found the 'door plug' that blew off a Boeing 737 Max. Here's what it is
- Emma Stone Jokingly Reacts to Support From “A--hole” Taylor Swift
- Japan issues improved emergency measures following fatal plane collision at Haneda airport
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Taco Bell unveils new value menu with food as low as $1.99: See the new menu items
- These are the top 3 Dow Jones stocks to own in 2024, according to Wall Street
- When can you file taxes this year? Here's when the 2024 tax season opens.
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Selena Gomez, Taylor Swift and More Besties Prove Friendship Always Wins at the Golden Globes
Ranking
- Current, future North Carolina governor’s challenge of power
- 911 transcripts reveal chaotic scene as gunman killed 18 people in Maine
- Roofers find baby’s body in trash bin outside South Florida apartment complex
- BottleRock Napa Valley 2024 lineup: Stevie Nicks, Ed Sheeran among headliners
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Aaron Rodgers says Jets need to avoid distractions, will address his Jimmy Kimmel comments
- NYC Mayor Eric Adams says story of firing a gun at school, recounted in his book, never happened
- A notorious Ecuadorian gang leader vanishes from prison and authorities investigate if he escaped
Recommendation
A South Texas lawmaker’s 15
Louisiana Gov. Jeff Landry officially takes office, as GOP-dominated legislature elects new leaders
Former club president regrets attacking Turkish soccer referee but denies threatening to kill him
Michigan cosmetology school agrees to $2.8M settlement in an unpaid labor dispute
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Massachusetts Gov. Maura Healey announces $375 million in budget cuts
Door plug that blew off Alaska Airlines plane in-flight found in backyard
ITZY is showing who they were 'BORN TO BE': Members on new album, solo tracks and evolving.