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Stellantis reaffirmed its 2023 guidance for double-digit adjusted operating income margin and positive industrial free cash flow, and said its 1.5 billion euro ($1.66 billion) buyback program was ...
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 reported global shipments of 1.148 million. The name of Stellantis CFO Doug Ostermann was also previously misspelled. We regret the errors. Pras Subramanian is a reporter for Yahoo Finance.
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 stock tumbled following lackluster first-half results, the final Big Three automaker to disappoint investors this earnings season.Stellantis — the name behind brands including Dodge ...
Consolidated shipments for the three months ending September 30, 2024, were an estimated 1,148 thousand units, representing a 20% decline versus the same period in 2023. The shipment decline was more severe than the underlying sales decline in the period of approximately 15%, due to the temporary impacts of transitions in our product portfolio ...
Stellantis was the biggest casualty, dropping more than 8% in value in pre-market U.S. trading as the carmaker digested a surprising revenue dropoff, but both Volkswagen and Mercedes were left ...
That compares with light-duty passenger vehicles at 12.4 years in 2023. ... neither reports such results out separately. ... GM and Stellantis declined to disclose the earnings and profitability ...