Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
WEB4 days ago · Operating profit will be, at best, 7 percent of sales compared with an earlier forecast of more than 10 percent, Stellantis said. The news sent the company’s share price down roughly 14 percent ...
Stellantis shares plunge as carmaker follows Volkswagen in profit ...
WEB3 days ago · For Stellantis, Monday’s profit warning is the latest piece of bad news. The company has recently had to recall more than 1.2 million Ram 1500 vehicles due to a software malfunction in the anti ...
Stellantis U.S. auto sales extend free fall in third quarter
WEBJun 20, 2024 · Stellantis reported U.S. sales Tuesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023.
A year after auto strike, Stellantis workers face an uncertain future …
WEBSep 13, 2024 · Union autoworkers won big after striking. A year later, some face an uncertain future. In a major win for the UAW, Stellantis agreed in late 2023 to reopen its plant in Belvidere, Ill., investing...
CEO: Stellantis has achieved $9 billion in cost reductions from …
WEBJun 13, 2024 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as "arrogant" mistakes by himself and the company in the automaker's U.S. operations that led to sales...
Press Releases - Stellantis
WEBStellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory; October 11, 2023; Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence; October 9, 2023; MEDIA ADVISORY: Stellantis to Present Commercial Vehicles Strategy and New Global Van Lineup on …
First Half 2024 Results - Stellantis
WEBJul 25, 2024 · AMSTERDAM – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI (1) of €8.5 billion represented a 10% AOI margin (2), and Adjusted diluted EPS (5) decreased 35% y-o-y.
News Dashboard - Stellantis
WEBLeapmotor International Opens Orders in Europe for Affordable, High-Tech T03 City Car and C10 SUV Electric Vehicles. Stellantis Updates 2024 Financial Guidance. Stellantis Recognizes 68 Global and Regional Suppliers at Supplier of the Year Event. If playback doesn't begin shortly, try restarting your device.
Stellantis to lay off up to 2,450 factory workers as classic Ram ... - CNN
WEBAug 9, 2024 · Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.
Stellantis sales plunge in the U.S. as the CEO tries to fix his ...
WEB1 day ago · On Wednesday, Stellantis (STLA) reported another quarter of plunging sales as the company behind brands such as Jeep and Chrysler attempts to fix its so-called “disaster.” News Today's news