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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 ]
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’ 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' 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 ...
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 ...
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.