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Stellantis’ eye-popping profits last year — almost $20 billion and an 11% bump from the year prior — helped secure a $39.5 million total compensation package for CEO Carlos Tavares, who is ...
Stellantis reiterated its 2024 financial guidance, which was updated at the end of September.Stellantis sees an adjusted operating income margin of between 5.5% and 7% for the fiscal year 2024 ...
Stellantis Reports Lower Q3 2024 Net Revenues Amid Transitional Period of Product Upgrades and Inventory Reduction; Confirms Full-Year Guidance. Net revenues of €33.0 billion, down 27% compared to Q3 2023, primarily due to lower shipments and unfavorable mix as well as pricing and foreign exchange impacts
Stellantis' North American operations had been the company’s main source of profits for some time, but struggles piled up this year, with the company citing rising competition and larger market ...
Carmaker Stellantis on Thursday reported an 13% decrease in net profits in the second half of 2023 due to the impact of strikes in North America, its profit center, as it heads into a year it ...
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 ]
Stellantis reported better-than-expected revenue for the July-September period, up 7% on the same quarter in 2022 at €45.1 billion ($48 billion). It shipped more than 1.4 million vehicles in the ...
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 ...