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 STLAM.MI said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 ...
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
Jeep is recalling more than 194,000 plug-in hybrid SUVs worldwide because they can catch fire with the ignition turned off.
This recall is the latest setback for Stellantis, which has been grappling with declining sales, a falling stock price and ...
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing ...
The problems are raising questions about the future of Carlos Tavares, the Stellantis chief executive, who races cars in his ...
Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning, noting it is cutting excess ...
Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part ...
Global car stocks dropped after Jeep maker Stellantis and U.K. luxury carmaker Aston Martin joined Volkswagen and others in cutting earnings forecasts, signaling a worsening industry outlook.
The Jeep CPO warranty adds 3-month/3,000-mile Maximum Care coverage after the original warranty expires or at the time of the sale. Even though Jeep’s CPO warranty is shorter than its competitors, it ...
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