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Stellantis Stock Is Dropping After Cutting Guidance. Ford, GM Also Down.
The warning, amid similarly negative news from other car makers, also dragged down shares of Ford Motor and General Motors.Stellantis now sees full-year adjusted operating income margins coming in at 5.
Stellantis Drops 13% In Pre-market On Lowered Guidance
Shares of Stellantis N.V. (STLA) were falling more than 13 percent in pre-market on Monday to $13.94, after the automaker slashed its
Stellantis Stock Headed for 1-Year Low After Outlook Cut
Shares of Stellantis fell after the Chrysler owner warned of shaky demand in the car market and cut full-year earnings guidance. The stock was down 13% at $13.93 in premarket trading, putting it on track to open at a 52-week low.
Global Car Stocks Fall After Jeep Maker Stellantis Cuts Guidance
Global car stocks dropped after Jeep maker Stellantis and U.K. luxury carmaker Aston Martin joined Volkswagen and others in cutting earnings forecasts, signaling a worsening industry outlook. Stellantis—which houses brands such as Chrysler,
Stellantis Stock Plunges as Jeep Maker Cuts Outlook
Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning, noting it is cutting excess North American inventory amid a "deterioration in global industry dynamics" and competition from Chinese rivals.
45m
on MSN
These Stocks Are Moving the Most Today: NIO, Ford, GM, Nvidia, CVS, and More
Stocks were mixed Monday as the month and quarter came to an end, and ahead of a speech from Federal Reserve Chair Jerome ...
3h
GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit-margin view
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
7d
on MSN
GM, Ford, Daimler Truck, Kia among 653,000 vehicles recalled: Check car recalls here
General Motors is recalling 13,241 of its 2024 GMC Canyon vehicles, the NHTSA report said. The automobile manufacturer said, ...
Automotive News
6d
GM, Ford would be forced to halt imports of China-built cars under proposed U.S. rule, official says
GM and Ford are aware, the official said, that "going forward" production in China for the U.S. market "would need to be shut ...
3d
GM, Ford Shares’ Great Revival Stalls as China Threat Brews
It was expected to be the comeback year for the shares of century-old carmakers, General Motors Co. and Ford Motor Co., but a ...
5d
Ford, GM and Rivian may get caught by a ‘China butterfly effect,’ this investment bank says
Some U.S. auto makers are more vulnerable to increased competition from China and face market-share loss, analysts at Morgan ...
The Information
6h
Exclusive From The Electric: Inside GM’s Do-Over
Last November, Ed Duby took over battery production at General Motors. He found an effort in crisis: The company was on track ...
24/7 Wall St
6d
GM EVs Make Surprise Move on Ford
GM sold more electric vehicles than Ford did in July and August. But Hyundai/Kia outsold them both in the first eight months ...
5d
on MSN
Ford, GM shares fall after Morgan Stanley analyst downgrade
Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts downgraded the U.S.
1h
Ford is offering free home charger, installation if you buy or lease an EV through 2024
Starting Oct. 1, Ford is offering free home charger and complimentary installation through the end of the year to customers ...
9d
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s ...
4d
on MSN
Ford, GM, and Rivian Catch Stock Downgrades. These Hurt.
Morgan Stanley analyst Adam Jonas cut his ratings on GM, Ford, and Rivian stocks. All three are falling in early trading.
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