Its adjusted profit margin is now expected to be between 5.5 and 7.0% for the year, down from "double digit" previously ...
Stellantis cut its full-year guidance, becoming the latest European automaker to warn on the increasingly tough car market.
Stellantis NV cut its profit margin forecast for the year, citing costs to revive its struggling Jeep and Dodge businesses in ...
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 -€5 billion and -€10 billion. Stellantis said the ...
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
Stellantis NV revised on Monday its guidance downward, reflecting decisions to significantly enlarge remediation actions on ...
Stellantis Updates 2024 Financial Guidance AMSTERDAM, September 30, 2024 – Stellantis N.V. today revised its 2024 financial guidance, reflecting decisions to significantly enlarge remediation actions ...
The UAW says Stellantis isn't living up to its commitments on product and investments, which the company denies.
Stellantis says full-time workers will be laid off and seasonal supplemental workers will be "separated" but isn't saying how ...
Production of Jeep Grand Cherokees and Dodge Durangos at the Detroit Assembly Complex-Jefferson plant will halt amid bloated ...
The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of ...
Stellantis CEO Carlos Tavares wants to adopt the low-cost mindset of Chinese EV makers, but the automaker must navigate trade ...