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Stellantis had a monster year in 2023 in terms of profits, but the automaker saw its U.S. sales slip last year, making it an outlier among its peers, which all experienced sales increases.
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 says it made $20B in net profit last year
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]
Overall, Stellantis reported net revenues of €85.0 billion ($92.21 billion), slightly below the Bloomberg consensus estimate of €87.127 billion ($94.62 billion), a drop of 14% compared to a ...
Stellantis saw an overall drop for its U.S. sales in 2023, but two key brands were up at the end of the year. Stellantis sees US sales dip in 2023, but Jeep, Ram have better 4th quarter Skip to ...
Stellantis' results were notably worse than those reported Tuesday by General Motors, which said it had a 2.2% drop to 659,601 in U.S. new vehicle sales, and Toyota, with an 8% drop to 542,872 ...
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around ...