Stellantis Demands $26M In Damages From Chinese Supplier Sparking Lawsuit
by Carscoops
Carscoops— Last year, a supplier had to pause production due to a cyberattack, so Stellantis charged it $26 million, kicking off a legal battle
WardsAuto—Stellantis Promises ICE Versions of BEVs Where There's Demand. Automaker's CFO sings praises of its multi-energy platform strategy meeting consumer demand amid BEV slowdown.
AppleInsider—iPhone demand is falling, claims component supplier Skyworks. Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors. Apple's iPhone 15 Pro Skyworks does not break down its earnings by customer, but it has been a longtime partner for Apple, making wireless networking components for the company. It's not believed to be the sole supplier for any of its components, however, so a drop in its sales is not definite proof of declining iPhone interest. Nonetheless, Skyworks...
Carscoops—Stellantis Halts Production At Three Euro Plants Due To Supplier Strike. The production stop impacts two factories in France and one in the UK. Vehicles produced at the three sites include the DS 3, Peugeot Expert, Citroen Jumper, and Opel Vivaro. Stellantis also faces the possibility of having to pause some U.S. production. Stellantis has been forced to halt production at three of its plants in Europe due to a strike at a plant operated by MA France, a supplier of stamped metal parts. Employees at the MA France factory are concerned about plans to move production to...