Stellantis NV (NYSE: STLA) shares traded higher on Wednesday amid volatility in auto stocks due to the UAW strikes. Additionally, the company and Samsung SDI disclosed Kokomo, Indiana, as the second site for the electric vehicle battery manufacturing facility in the U.S.
What To Know: The ongoing strikes have impacted the auto sector for the past several weeks as the UAW challenges major automakers. Recently, the UAW made headway when General Motors permitted its workers at joint-venture battery plants to be covered by union contracts.
Also on Wednesday, the ...