Stellantis cut its full-year guidance, becoming the latest European automaker to warn on the increasingly tough car market.
Stellantis NV revised on Monday its guidance downward, reflecting decisions to significantly enlarge remediation actions on ...
Stellantis NV cut its profit margin forecast for the year, citing costs to revive its struggling Jeep and Dodge businesses in ...
Its adjusted profit margin is now expected to be between 5.5 and 7.0% for the year, down from "double digit" previously ...
The conglomerate, known for brands such as Chrysler, Dodge and Jeep, warned of lower-than-expected sales "across most regions ...
Stellantis NV on Monday slashed its annual forecasts and said it would burn through more cash than expected, citing worsening ...
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
The United Auto Workers union asked workers at Stellantis to authorise a strike as it accused the French-Italian automaker of ...
Chrysler’s parent company Stellantis on Monday said it’s accelerating an inventory reduction program as it issued a massive ...
Stellantis Updates 2024 Financial GuidanceAMSTERDAM, September 30, 2024 – Stellantis N.V. today revised its 2024 financial guidance, reflecting ...
It now sees adjusted operating margin for the year between 5.5% and 7%, vs. a previous view of double digits, and industrial free cash flow between -EUR5 billion and -EUR10 billion. Stellantis said ...
In exchange for access to the European market, the vehicle manufacturer is making its technology available to the ...