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Stellantis expects to ship at least 200,000 fewer units in North America during the second half of 2024 versus the corresponding period in 2023. Until late July, the auto giant expected shipments ...
The Jeep Grand Wagoneer is a nice SUV. But with a starting price of more than $90,000, it has been a tough sell. Image source: Stellantis. Higher prices and more shipments worked -- until they didn't
Shares of carmaker Stellantis (NYSE: STLA) are deep in the red Monday, down 12.9% as of midsession after the company lowered its operating margin and cash flow guidance for the current fiscal year.
Italian lawmakers on Friday questioned the head of Stellantis, the world's fourth largest automaker, over the group’s strategy, one day after it announced a management shakeup in an effort to ...
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, dragging other auto stocks lower in sympathy.Stellantis — which counts ...
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around ...
The profit warning from Stellantis is the second in the auto industry in recent days. On Friday, Volkswagen Group revised its guidance lower, having already done so in July as well.
Stellantis saw its U.S. sales decline by 10% for the first three months of 2024 compared with the same period a year prior, with a sizable drop coming from the company’s Ram brand.