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Stellantis — the parent company of Chrysler and Fiat, among other brands — reported full-year results and announced a new share buyback plan that sent shares higher, despite warning of a ...
Stellantis said it made almost $20 billion in 2023. The automaker also announced a dividend and stock buyback. Stellantis says it made $20B in net profit last year
In 2023, Stellantis reported a record profit of 18.6 billion euros (about $19.7 billion), with an adjusted operating margin of 12.8% -- ahead of Tavares's 2030 goal of 12%.
Stellantis stock tumbled following lackluster first-half results as the final Big Three automaker to ... a drop of 14% compared to a year ago. Stellantis’s net income fell 48% to €5.6 billion ...
On 15 February 2023, Stellantis said it would establish a new software development and engineering hub in Gliwice, Poland. [45] On June 20, 2023, Stellantis and iPhone assembler Foxconn joined a 50-50 joint venture named SiliconAuto to design and sell semiconductors for the automotive industry from 2026. The headquarters for SiliconAuto is said ...
The outspoken chief executive, who earlier this year was paid 36.5 million euros in compensation based on Stellantis' 2023 results, had annoyed some board members in October, at the Paris car show ...
Stellantis saw an overall drop for its U.S. sales in 2023, but two key brands were up at the end of the year. Stellantis sees US sales dip in 2023, but Jeep, Ram have better 4th quarter Skip to ...
Stellantis has had a string of bad news headlines this year. Here's a rundown of some of the issues.