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Jeep, Ram parent’s profits drop 70 per cent, but it sees brighter days ahead
Stellantis, and it has reported a significant 70 per cent drop in profit just a few months after its CEO resigned.
Stellantis says UAW members could see $3,780 profit-sharing checks, a big drop from 2024
Stellantis had the lowest profit-sharing total of the Detroit Three; UAW President Shawn Fain blamed former CEO Carlos Tavares.
As Stellantis posts 70% profit plunge, fresh inventory data suggests U.S. price cuts may be working
Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.
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Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70% profit drop
Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno’s Transportation ...
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Why some EV buyers are getting their tax returns rejected this year
The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get. But if their dealers skipped a step, it was a different story.
Stellantis' ex-CEO had total compensation of more than $24M last year
The company said it had a net profit of $5.8 billion (5.5 billion euros) for the year, but a net loss of $133 million (127 ...