John Elkann highlighted a focus on growth, profitability, and execution, emphasizing the need for Stellantis to return to profitable growth while converting profits into cash. The company has ...
Car giant Stellantis, which holds top brands from Fiat, Chrysler, Jeep to Peugeot under its umbrella, reported on Wednesday a 70% fall in 2024 net profits against the previous year because of troubles ...
The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles in North America.
Stellantis FY24 revenues fall by 17% to €156.9 billion, driven by reduced production and lower shipments. Adjusted operating income dropped 645%, with a 70% plunge in net profit. Every week, our ...
Stellantis chief executive Carlos Tavares quit in December amid differences over how to confront the group's profit slump. "In the 90 days since the leadership transition began, and while the ...
The Jeep Avenger EV was among models subject to heavy discounts to shift stock. Stellantis has announced full-year 2024 financial results which were in line with previous guidance but highlighted ...
Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations ... China shipments from DPCA are no longer included ...
Stellantis NV SLTA-N faces uncertainty around ... allows approximately four million vehicles into the country” with no U.S. content requirements, Stellantis chairman John Elkann said Wednesday ...
There will be new EU regulations for fuel consumption in 2025. Car manufacturers have different strategies for avoiding the threat of penalties.
MILAN — As Stellantis Chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority. The French-Italian company's ...
Stellantis was fifth in the U.S. market by sales last year, with an overall share of 8.1%, losing the No. 4 spot to Honda after price rises cost it clients, leading to the shock profit warning ...
Rumors related to the Stellantis portfolio are nothing new. No other automotive conglomerate has as many brands under its belt as Stellantis, the result of a 2021 merger between the already ...