Stellantis to close 4,000-acre Arizona Proving Grounds
Stellantis to close Arizona Proving Grounds and sell the property
Stellantis will close its Arizona Proving Grounds this year as it works to sell the property. It was one of numerous facilities, including the Auburn Hills headquarters and technology center, that the automaker,
Stellantis to sell Arizona testing grounds in further cost-cutting measure
As part of its efforts to lower costs and preserve cash, Stellantis (NYSE:STLA) plans to sell its vehicle testing grounds in Arizona by the end of the year, according to sources cited by CNBC. The 4,000 acre facility has been in use since 2007 when Chrysler purchased the property from Ford (F) for $35M.
Stellantis to close 4,000-acre Arizona Proving Grounds as it trims costs
The automaker confirmed it is marketing the Yucca, Ariz. facility for sale and plans to depart by the end of the year.
Stellantis to sell, shutter large proving grounds testing facility amid cost-cutting efforts
Automaker Stellantis plans to close and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned. The Arizona Proving Grounds, used to develop and test vehicles, covers 4,
Stellantis lays off 1,100 at Michigan plant, will close Arizona proving grounds
Stellantis warned in August that as many as 2,450 workers at the Warren Truck plant would be laid off, but the actual number is less than half as many.
Stellantis is closing its Arizona Proving Grounds
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and more cost-cutting from Stellantis.
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Stellantis, like most automakers, has several proving grounds in different climates and geographies to develop and test ...
Stellantis continues cost-cutting measures
Verizon, General Motors, 3M, Coca-Cola, Boeing, Tesla, Amazon, and UPS.Related: Stellantis is taking the UAW to Federal court ...
Stellantis: Free Cash Flow Disaster
Stellantis faces financial woes with a profit warning, inventory cuts, and cash outflow projections, making it a Strong Sell ...
Stellantis recalls over 21,000 Dodge Hornet, Alfa Romeo Tonale vehicles for brake pedal failure
The NHTSA issued a recall notification for 21,069 Dodge Hornet and Alfa Romeo Tonale vehicles over a brake pedal failure.
Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans
Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive ...
Stellantis Downgraded Again As Stock Price Weakness Continues
Troubled Stellantis was downgraded again Wednesday by a credit rating agency, and its shares have now fallen more than 50% ...
Stellantis reports 20% drop in global vehicle shipments as automaker faces scrutiny
Stellantis gave an early look at its third-quarter shipments. North America, Europe and Asia were down but at least South ...
Stellantis dealers 'cautiously optimistic' about turnaround plans after meeting
It's a stark shift in tone compared to a month ago, when the Dodge, Chrysler, Jeep and Ram dealers sent a scathing open ...
Stellantis recalls 44,500 hybrid SUVs worldwide over brake pedal defect
Carmaker Stellantis said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in the ...
White House spokeswoman urges Stellantis to keep commitments
A recent report said Stellantis may expand Ram 1500 production in Mexico. The White House says the company should keep its ...
Stellantis Could Sell Off Struggling Brands As Soon As 2026
Plus Lucid is eyeing a massive funding boost through stock sales and research found that more than half of all electric cars sold in America are SUVs ...
Stellantis should deliver on investment commitments, White House says
Chrysler-parent Stellantis should make good on its commitments to the United Auto Workers union and to communities impacted ...