Current:Home > MarketsStellantis cancels presentation at Las Vegas technology show due to UAW strike impact -Wealth Legacy Solutions
Stellantis cancels presentation at Las Vegas technology show due to UAW strike impact
View
Date:2025-04-18 22:31:50
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! (93299)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Blink Fitness, an affordable gym operator owned by Equinox, files for Chapter 11 bankruptcy
- Mini farm animals are adorable. There’s also a growing demand for them
- Photos show Debby's path of destruction from Florida to Vermont
- Global Warming Set the Stage for Los Angeles Fires
- This Is the Only Underwear I Buy My Husband (and It's on Sale)
- American gymnast Jordan Chiles must return bronze medal after court mandates score change, IOC says
- Families of Brazilian plane crash victims gather in Sao Paulo as French experts join investigation
- 2025 'Doomsday Clock': This is how close we are to self
- The US government wants to make it easier for you to click the ‘unsubscribe’ button
Ranking
- Tom Holland's New Venture Revealed
- Miley Cyrus cries making history as youngest Disney Legend, credits 'Hannah Montana'
- Hawaii’s teacher shortage is finally improving. Will it last?
- Christina Hall Shares Update on Her Kids Amid Josh Hall Divorce
- Intel's stock did something it hasn't done since 2022
- Catfish Host Nev Schulman Shares He Broke His Neck in a Bike Accident
- Elle King says dad Rob Schneider sent her to 'fat camp,' forgot birthday
- Winners and losers of the 2024 Olympics: Big upsets, failures and joyful moments
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
A'ja Wilson had NSFW answer to describe Kahleah Copper's performance in gold medal game
From Biden to Gabbard, here’s what Harris’ past debates show before a faceoff with Trump
Two men were shot to death before a concert at a raceway in Iowa
Most popular books of the week: See what topped USA TODAY's bestselling books list
How race, police and mental health collided in America's heartland | The Excerpt
Schumer says he will work to block any effort in the Senate to significantly cut the CDC’s budget
Post Malone Makes Rare Comments About His Fiancée and 2-Year-Old Daughter