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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 says it made $20B in net profit last year
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 ...
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]
As a result of these strategic changes, Stellantis now sees adjusted operating income margin of between 5.5% and 7% for the fiscal year 2024, down from prior “double digits,” with two-thirds ...
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.
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 ...
Stellantis has had a string of bad news headlines this year. Here's a rundown of some of the issues.