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The Netherlands-based Stellantis, the last Big Three automaker to report earnings this cycle, also said it will repurchase 3 billion euros ($3.2 billion) of shares this year, adding to a buyback ...
Stellantis said it made almost $20 billion in 2023. The automaker also announced a dividend and stock buyback.
Stellantis stock tumbled following lackluster first-half results as the final Big Three automaker to ... a drop of 14% compared to a year ago. Stellantis’s net income fell 48% to €5.6 billion ...
The carmaker set record net revenue in the first six months of the year of 98.4 billion euros, up 12% over a year earlier. It came as shipments rose to 3.327 million vehicles from 3.033 million.
As of 2023, Stellantis was the world's fourth-largest automaker by sales, behind Toyota, Volkswagen Group, and Hyundai Motor Group. [13] In 2023, the company was ranked 61st in the Forbes Global 2000. [14] The company's stock is listed on the Borsa Italiana, Euronext Paris and the New York Stock Exchange. [15]
Stellantis, the parent company behind Detroit brands Jeep, Ram and Chrysler, slashed its forecast for the full year on Monday in the latest alarm for a global car industry rocked by crisis ...
The average Stellantis vehicle sold for over $56,000 in the second quarter, compared with an industry average of about $45,000 this year, according to industry data.
Stellantis has had a string of bad news headlines this year. Here's a rundown of some of the issues.