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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’ 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 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 ...
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 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 ...
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 ...
AMSTERDAM (Reuters) -Stellantis aims to double revenue to 300 billion euros ($335 billion) a year by 2030 and keep profit margins high, as it steps up efforts to roll out electric versions of its ...