GM Revs Up Profit Forecast as Tariff Headwinds Ease, Sparking Auto Sector Rally
Automaker Raises Guidance Amid Improving Trade Conditions General Motors delivered a powerful earnings surprise Tuesday, significantly boosting its full-year profit…
Tag: Stellantis
Harris Acknowledges White House EV Summit Oversight of Musk as Misstep, Questions Policy Priorities
Kamala Harris has publicly characterized the White House’s 2021 electric vehicle summit that excluded Tesla CEO Elon Musk as a significant error. The Vice President also expressed concerns about the administration’s prioritization of infrastructure over immediate household needs in recent comments at the Fortune Most Powerful Women Summit.
White House EV Event Exclusion Draws Criticism
Vice President Kamala Harris has publicly described the decision to exclude Tesla CEO Elon Musk from a 2021 White House electric vehicle event as a “big mistake,” according to her remarks at the Fortune Most Powerful Women Summit in Washington, D.C. The event, hosted by President Joe Biden, featured executives from traditional automakers General Motors, Ford, and Stellantis but notably omitted representation from Tesla, despite the company’s exclusive focus on electric vehicle production.
Workforce Stability Gains and Major Manufacturing Investments Signal Industry Shift
Manufacturing sector sees third consecutive quarterly gain in employee retention rates as companies announce billions in new investments. Industry leaders emphasize the importance of caring leadership and strategic workforce development amid ongoing industry transformation.
Employee Retention Shows Sustained Improvement
The manufacturing sector is experiencing strengthened workforce stability, with the Employee Retention Index reportedly gaining for the third consecutive quarter in Q3 2025, according to IndustryWeek’s Weekly Review. Analysts suggest this trend indicates workers are becoming more inclined to remain in their current roles, potentially signaling improved manufacturing sector conditions and workplace satisfaction.
Stellantis Announces $13 Billion U.S. Expansion, 5,000 New Jobs in Major Manufacturing Push
Stellantis will invest $13 billion over four years to expand U.S. manufacturing operations, reportedly increasing domestic vehicle production by 50%. The automaker’s largest-ever U.S. investment will create over 5,000 jobs across multiple states.
Major U.S. Expansion Plan
Stellantis, the world’s fourth-largest automaker, will invest $13 billion over the next four years to significantly expand its U.S. manufacturing operations, according to company reports released Tuesday. Sources indicate this represents the single largest investment in the company’s history and will increase domestic vehicle production by 50% while adding more than 5,000 jobs across multiple states.