Current:Home > StocksStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -ApexWealth
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-13 22:47:15
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! (785)
Related
- Rylee Arnold Shares a Long
- Judge asked to cancel referendum in slave descendants’ zoning battle with Georgia county
- Federal officials have increased staff in recent months at NY jail where Sean ‘Diddy’ Combs is held
- Michigan deputy jumps into action to save 63-year-old man in medical emergency: Video
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- 1,000-Lb. Sisters' Tammy Slaton Addresses 500-Pound Weight Loss in Motivational Message
- NASCAR 2024 playoffs at Bristol: Start time, TV, streaming, lineup for Night Race
- Penn State removes its student newspaper racks over concerns about political ads
- Senate begins final push to expand Social Security benefits for millions of people
- 'Golden Bachelorette': Gil Ramirez's temporary restraining order revelation prompts show removal
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- The Eagles deploy pristine sound, dazzling visuals at Vegas Sphere kickoff concert: Review
- A lost cat’s mysterious 2-month, 900-mile journey home to California
- Diddy faces public scrutiny over alleged sex crimes as questions arise about future of his music
- Federal hiring is about to get the Trump treatment
- David Beckham shares what Lionel Messi wanted the most from his move to MLS
- The politics of immigration play differently along the US-Mexico border
- Freddie Owens executed in South Carolina despite questions over guilt, mother's plea
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Kathryn Crosby, actor and widow of famed singer and Oscar-winning actor Bing Crosby, dies at 90
Jessie Bates ready to trash talk Travis Kelce Sunday night using Taylor Swift
NFL bold predictions: Who will turn heads in Week 3?
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Motel 6 sold to Indian hotel operator for $525 million
Elle King says she didn't want 'to hurt' dad Rob Schneider after speaking 'her truth'
Poll shows young men in the US are more at risk for gambling addiction than the general population