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Stellantis Stock Plunges
Stellantis’ Guidance Was So Bad, Ford and GM Stocks Are Getting Hit
The warning, amid similarly negative news from other car makers, also dragged down shares of Ford Motor and General Motors.Stellantis now sees full-year adjusted operating income margins coming in at 5.
Global Car Stocks Fall After Jeep Maker Stellantis Cuts Guidance
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. Stellantis—which houses brands such as Chrysler,
Stellantis Stock Plunges as Jeep Maker Cuts Outlook
Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning, noting it is cutting excess North American inventory amid a "deterioration in global industry dynamics" and competition from Chinese rivals.
Dodge-maker Stellantis issues profit warning
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 and Aston Martin blame weaker China demand for profit warnings
Stellantis and Aston Martin have become the latest European carmakers to issue profit warnings as the industry is hammered by competition from cheaper Chinese rivals. In recent weeks, Germany’s Volkswagen,
Dodge-maker Stellantis and Aston Martin drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
7h
on MSN
Stellantis has too many cars sitting unsold, and it's a huge problem
It is no secret that Stellantis (STLA) has been in deep trouble lately. Last week, the multinational automaker and parent ...
9h
on MSN
Why Stellantis Stock Is Crashing Today
Although the sheer scope of it is jarring, to forward-thinking investors, today's plunge from Stellantis stock to a new ...
10h
Stellantis Cuts 2024 Profit Outlook as US Sales Crisis Deepens
PARIS (Reuters) - Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected ...
11h
Stellantis lowers 2024 outlook, accelerates inventory reductions
Stellantis NV on Monday lowered its annual financial guidance for the year and said it was accelerating actions to reduce U.S ...
13h
Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
13h
Stellantis sees things going from bad to worse
Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s ...
13h
Jeep Owner Stellantis Warns of Deterioration Across Global Car Industry
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer ...
42m
Apple, Nio, CVS Health, Stellantis, Tesla: Why These 5 Stocks Are On Investors' Radars Today
U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15.
cbtnews
8h
UAW leaders urge Stellantis workers to prepare for strike
The United Auto Workers (UAW) leaders are urging Stellantis members to be prepared to vote in favor of a strike against the ...
15h
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
5h
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Stellantis STLAM.MI said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 ...
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