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Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [ 10 ] [ 11 ] [ 12 ] The company headquarters are located in Hoofddorp , Netherlands.
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 posted 27% plunge in net revenues for its third quarter earlier this year as gaps in launching new products and action to reduce inventories also slashed global shipments of new vehicles by 20%. The carmaker reported net revenues of 33 billion euros (nearly $36 billion ) in the three-month period ending Sept. 30, down from 45 billion ...
On 6 May 2014, Fiat Chrysler Automobiles announced its 5-year business plan. [25] The company expected that sales would increase to 7 million units, revenues to €132 billion, net income to €5 billion, and industrial debt would peak at €11 billion in 2015, and then reduce to €0.5-1 billion by end of 2018. [ 26 ]
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' new chief operating officer broke down the company's shipments and revenues in the third quarter, which were down from 2023. ...
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 ...
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.