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Stellantis has endured falling sales and shrinking profit margins. Now it faces a strike threat. ... "I just question why we would stop building Cherokees before a new one is prepared." Short-term ...
The automaker has been struggling to sell even 2023 model-year cars, data provided to Reuters by car-shopping app CoPilot shows. ... alleging Stellantis failed to keep the commitments it made in a ...
The Jeep Grand Wagoneer is a nice SUV. But with a starting price of more than $90,000, it has been a tough sell. Image source: Stellantis. Higher prices and more shipments worked -- until they didn't
Stellantis was the only major automaker to report a decline in U.S. sales last year; its market share dropped below 10%; and Hyundai, including Kia, outsold Stellantis for the first time ever.
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping ...
The mood inside Stellantis has shifted dramatically after its CEO resigned on December 1. Dealers and employees are encouraged by early moves made by the interim executive committee.
Italian lawmakers on Friday questioned the head of Stellantis, the world's fourth largest automaker, over the group’s strategy, one day after it announced a management shakeup in an effort to ...
Stellantis adds that its prior 2024 outlook for "positive" free cash flow has been updated to negative free cash flow of between 5 billion and 10 billion euros. And it isn't alone.