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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
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’ 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' new chief operating officer broke down the company's shipments and revenues in the third quarter, which were down from 2023.
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 ...
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.
Overall, the automaker that owns Jeep, Chrysler, Ram, Dodge and Fiat, reported a 7% increase in net revenue over the period a year ago to $48.1B. Despite UAW strike costing billions, Stellantis ...