As Stellantis posts 70% profit plunge, fresh inventory data suggests U.S. price cuts may be working
Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.
'Very rough year': Stellantis profits fall 70% in 2024 amid weak sales, leadership change
In the carmaker's profit-rich U.S. market, vehicle sales fell 15% overall in 2024, and 7% for the fourth quarter. But the ...
Stellantis reports 70% decline in net profits in 2024
The automaker’s turnaround plan included high-profile leadership changes for its Jeep and Dodge brands in the U.S.
Stellantis' ex-CEO had total compensation of more than $24M last year
CEO, Carlos Tavares, left the automaker in December as the company struggled with issues from down sales to fights with stakeholders.
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Multinational carmaker Stellantis reports plunge in revenue, profits
Dutch-headquartered multinational carmaker Stellantis reported a plunge in profits on Wednesday amid struggles in the vital ...
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Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70% profit drop
Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno’s Transportation ...
Vauxhall owner Stellantis’ profits tumble by 70% as Aston Martin delay electric car
THE challenges facing the car industry in its switch to electric were laid bare yesterday with a double dose of bad news.
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Stellantis says 2024 profits fall 70% on N. America troubles
The Stellantis car giant—which includes Fiat, Chrysler, Jeep and Peugeot—on Wednesday reported a 70 percent fall in 2024 ...
Stellantis Issues Cautious Outlook After 70% Profit Slump
Stellantis NV sees little improvement in profitability this year as the automaker struggles to revive flagging sales while ...