Stellantis (STLA), the company behind brands including Jeep and Chrysler, on Thursday reported a major revenue decline as it moves to slash inventories and boost flagging sales. The automaker said ...
Kunes said his dealership group, which counts 10 Stellantis stores, has seen its bottom line hurt, with a large excess supply of Stellantis vehicles on which it has had to offer “heavy ...
[Stay on top of transportation news: Get TTNews in your inbox.] Stellantis NV’s third-quarter revenues slumped 27% as the automaker shipped fewer cars from factories in most of its major markets.
Stellantis NV continued to slash vehicle production and cut jobs in the United States this week, including at the automaker's Detroit Assembly Complex where the Jeep Grand Cherokee and Dodge ...
Multinational automaker Stellantis risks alienating huge chunks of its U.S. market as price rises cause its market share to plunge, a stateside dealer for the carmaker has warned. Stellantis ...
Stellantis just sued Brose, a major automotive parts supplier for the group. It cites a pricing dispute with the German parts maker as the cause of the lawsuit. This marks the fifth supplier ...
Stellantis has been in the news a lot lately, but not in ways that please shareholders, company executives, rank-and-file workers and most others with a connection to the company. No, it’s been ...
Leapmotor at the 2024 Paris Motor Show. The TO3 is being assembled in Poland by Stellantis. (Photo ... [+] by Gao Jing/Xinhua via Getty Images) Troubled multi-brand Stellantis, undermined by U.S ...
Stellantis’s third-quarter revenues slumped 27% as the automaker’s shipments declined in most of its major markets. Net revenues fell to $35.8 billion, Stellantis said, missing analyst ...
Stellantis on Thursday reported a 27% plunge in third-quarter revenue but also noted progress in running down the excess inventory buildup in the U.S. that has plagued the Big Three automaker.