Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
网页4 天之前 · Operating profit will be, at best, 7 percent of sales compared with an earlier forecast of more than 10 percent, Stellantis said. The news sent the company’s share price down roughly 14 percent ...
Stellantis shares plunge as carmaker follows Volkswagen in ...
网页3 天之前 · For Stellantis, Monday’s profit warning is the latest piece of bad news. The company has recently had to recall more than 1.2 million Ram 1500 vehicles due to a software malfunction in the anti ...
Carmaker Stellantis slashes forecasts as it faces industry ...
网页3 天之前 · Updated 5:33 AM PDT, September 30, 2024. MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition. Stellantis said it was accelerating efforts to turn around North America ...
Stellantis Updates 2024 Financial Guidance
网页3 天之前 · The Company’s updated 2024 market outlook and financial guidance is as follows: Adjusted operating income (“AOI”) margin – Expected to be between 5.5 - 7.0% for the FY 2024 period, down from prior “double digit”. Roughly two-thirds of the reduced AOI margin is driven by corrective actions in North America.
Stellantis U.S. auto sales extend freefall in third quarter
网页1 天前 · Stellantis reported U.S. sales Tuesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023.
CEO: Stellantis has achieved $9 billion in cost reductions ...
网页2024年6月13日 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as "arrogant" mistakes by himself and the company in the automaker's U.S. operations that led to sales...
Stellantis ready to axe brands and fix US problems, CEO says
网页MILAN, July 25 (Reuters) - Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio,...
Press Releases - Stellantis
网页Stellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory; October 11, 2023; Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence; October 9, 2023; MEDIA ADVISORY: Stellantis to Present Commercial Vehicles Strategy and …
Stellantis to offer broad buyouts to U.S. salaried workers ...
网页2024年7月30日 · DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.
News Dashboard - Stellantis
网页Latest Press Releases. Stellantis Deploys AI-enabled Innovations to Boost Manufacturing Efficiency, Sustainability and Improve Workplace. Stellantis Pro One Inaugurates Global Commercial Vehicles Hub at Mirafiori Automotive Park 2030 in Turin, Italy.