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DETROIT — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.

Stellantis NV said it’s cooperating with U.S. authorities investigating reports of Jeep engines catching fire.

DETROIT — Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system.

One sentence in a contract document that runs more than 300 pages is drawing scrutiny as the United Auto Workers warns it could strike Stellantis NV.

A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.

DETROIT — Stellantis NV’s Trenton Engine Complex, which produces V-6 Pentastar engines for Rams, Chryslers and Jeeps, will shut down next week with workers temporarily laid off.

Stellantis NV, the owner of the Jeep and Ram brands, plans to eliminate as many as 2,450 hourly positions at a pickup truck factory located near Detroit.

Stellantis NV will offer voluntary buyouts to U.S. employees as the carmaker looks to cut costs amid slumping profits.

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.

Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.