Current:Home > NewsStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -Ascend Finance Compass
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-15 04:33:58
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! (49)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- CosMc's lands in Illinois, as McDonald's tests its new coffee-centered concept
- Mexico City rattled by moderate 5.8 magnitude earthquake
- Kentucky governor says state-run disaster relief funds can serve as model for getting aid to victims
- A South Texas lawmaker’s 15
- Dutch police arrest a Syrian accused of sexual violence and other crimes in Syria’s civil war
- Retail group pulls back on claim organized retail crime accounts for nearly half of inventory loss
- Yankees' Juan Soto trade opens hot stove floodgates: MLB Winter Meetings winners, losers
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- California faces record $68 billion budget deficit, nonpartisan legislative analyst says
Ranking
- Intel's stock did something it hasn't done since 2022
- Washington Post strike: Journalists begin 24-hour walkout over job cuts, contract talks
- LeBron James, Bucks among favorites as NBA's wildly successful In-Season tourney concludes
- Allies of Russian opposition leader Navalny post billboards asking citizens to vote against Putin
- A South Texas lawmaker’s 15
- 'Killers of the Flower Moon' director Martin Scorsese to receive David O. Selznick Award from Producers Guild
- Man fatally shoots 11-year-old girl and wounds 2 others before shooting self, police say
- After day of rest at climate summit, COP28 negotiators turn back to fossil fuels
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
It was a great year for music. Here are our top songs including Olivia Rodrigo and the Beatles
Despite latest wave of mass shootings, Senate Democrats struggle to bring attention to gun control
This African bird will lead you to honey, if you call to it in just the right way
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
20+ Gifts For Dad That Will Never Make Him Say I Don't Need Anything Ever Again
Miami-Dade police officer charged with 3 felonies, third arrest from force in 6 weeks
New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico