Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals.
Stellantis will extend the suspension of production of its electric Fiat 500 city car until Nov. 1 due to poor demand, the ...
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing ...
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
Stellantis NV slashes its annual forecasts due to worsening industry trends, rising costs in the US, and fierce Chinese ...
Stellantis CEO Carlos Tavares is correct in saying the Tariffs on Chinese cars are stetting the western auto industry up to ...
Stellantis CEO Carlos Tavares wants to adopt the low-cost mindset of Chinese EV makers, but the automaker must navigate trade ...
Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected as Europe's No.2 ...
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...
U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15.
Stellantis said it was accelerating efforts to turn around North America, including bringing dealer inventory levels to no more than 300,000 vehicles by the end of the year, instead of the first ...
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