Stellantis Shares Drop 14% Amid Profit Warning and Rising Competition from Chinese EV Makers
Shares in Stellantis, the parent company of Chrysler, plummeted nearly 14% in Milan on Monday following a drastic revision of its full-year profitability and cash flow forecasts. The Italian-American automaker,
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.
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own ...
London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels ...
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
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 stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...
Europe's auto makers face challenges as electric cars stall, overall sales weaken, profits fall, plant closures loom, and ...
PARIS (Reuters) - Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback