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Although the sheer scope of it is jarring, to forward-thinking investors, today's plunge from Stellantis stock to a new 52-week low also makes for a tempting entry point. Don't take the bait, though.
Stellantis expects to ship at least 200,000 fewer units in North America during the second half of 2024 versus the corresponding period in 2023. Until late July, the auto giant expected shipments ...
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, dragging other auto stocks lower in sympathy.Stellantis — which counts ...
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
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 ...
As a bonus on top of Stellantis' cheap valuation, its dividend yield is up to 12.4%, although investors have to note that Stellantis doesn't pay a fixed dividend and rather pays 25-30% of net ...
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The profit warning from Stellantis is the second in the auto industry in recent days. On Friday, Volkswagen Group revised its guidance lower, having already done so in July as well.