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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 ...
Per the filing, the Stellantis board had 11 directors, six from PSA and five from Fiat Chrysler. [27] The new company's first CEO was Carlos Tavares, the former president of the PSA managing board, as well as former CEO of PSA Group, with a five-year term as Stellantis CEO. PSA shareholders paid a pre-merger premium to FCA shareholders.
The carmaker reported net revenues of 33 billion euros (nearly $36 billion ) in the three-month period ending Sept. 30, down from 45 billion euros in the same period last year.
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 revenues, accounting for nearly half of the carmaker’s total, dropped 5.6% in the second half of the year to 40.5 billion euros from 43 billion euros on lower ...
Stellantis' new chief operating officer broke down the company's shipments and revenues in the third quarter, which were down from 2023.
Stellantis had almost 1.5 million vehicles in its U.S. inventory at the end of 2023, about 50% more than it had a year earlier. Why so many? Stellantis, like most automakers, books revenue when ...
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 ...