Current:Home > InvestStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -Wealthify
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-11 13:56:44
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! (32933)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- What to do if someone gets you a gift and you didn't get them one? Expert etiquette tips
- Adam Driver and Wife Joanne Tucker Privately Welcome New Baby
- Video game expo E3 gets permanently canceled
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Ambush kills 7 Israeli soldiers in Gaza City, where battles rage weeks into devastating offensive
- Man shoots woman and 3 children, then himself, at Las Vegas apartment complex, police say
- Multiple injuries reported in nighttime missile attack on Ukrainian capital
- What do we know about the mysterious drones reported flying over New Jersey?
- Fantasy football Start ‘Em, Sit ‘Em: 15 players to start or sit in Week 15
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- What we know about the legal case of a Texas woman denied the right to an immediate abortion
- How to watch 'The Amazing Race' Season 35 finale: Date, time, finalists, what to know
- Brooklyn Nine-Nine Stars Honor Their Captain Andre Braugher After His Death
- Small twin
- Remembering Norman Lear: The soundtrack of my life has been laughter
- Biden's fundraisers bring protests, a few celebrities, and anxiety for 2024 election
- Man shoots woman and 3 children, then himself, at Las Vegas apartment complex, police say
Recommendation
North Carolina justices rule for restaurants in COVID
US credibility is on the line in Ukraine funding debate
Fed expected to stand pat on interest rates but forecast just two cuts in 2024: Economists
Southern California school janitor who spent years in jail acquitted of child sexual abuse
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
What did we search for in 2023? Israel-Gaza, Damar Hamlin highlight Google's top US trends
Funeral and procession honors North Dakota sheriff’s deputy killed in crash involving senator’s son
Man shoots woman and 3 children, then himself, at Las Vegas apartment complex, police say