Despite the claims of Bidenomics acolytes that it will “rebuild the middle class,” a new study states that the hundreds of billions in federal subsidies for electric vehicle (EV) production are wasteful corporate giveaways, to the tune of up to $7 million per job created. “Taxpayers are going to forego tens of billions of dollars…
IN-DEPTH: ‘Bidenomics’ Spends Up to $7 million to Create Each $50,000 ‘Green’ Job, Study Finds
July 21, 2023
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Amazon and Stellantis Partner to Deploy Smarter Cars, Cleaner Vans
Amazon.com Inc and Stellantis NV said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry, and could help Stellantis close the gap with Tesla…
Fiat Chrysler to Plead Guilty, Pay $30 Million to Resolve US Criminal Labor Probe
WASHINGTON—Fiat Chrysler reached an agreement to settle a criminal probe by U.S. prosecutors into alleged illegal payments to now-former United Auto Workers (UAW) officials by former company employees. Fiat Chrysler, which is now part of Stellantis NV said it had agreed to plead guilty to a single count of conspiracy to violate the Labor Management…
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