With the dust settling on a December boardroom scuffle that resulted in the ousting of its CEO and subsequent strategy overhaul, Stellantis on Wednesday offered investors a fresh reminder of the ...
John Elkann highlighted a focus on growth, profitability, and execution, emphasizing the need for Stellantis to return to profitable growth while converting profits into cash. The company has ...
Stellantis FY24 revenues fall by 17% to €156.9 billion, driven by reduced production and lower shipments. Adjusted operating income dropped 645%, with a 70% plunge in net profit. Find out which ...
Stellantis chief executive Carlos Tavares quit in December amid differences over how to confront the group's profit slump. "In the 90 days since the leadership transition began, and while the ...
The Jeep Avenger EV was among models subject to heavy discounts to shift stock. Stellantis has announced full-year 2024 financial results which were in line with previous guidance but highlighted ...
Stellantis NV SLTA-N faces uncertainty around tariffs promised by U.S. President Donald Trump that could significantly reduce its profits, while the Jeep-maker is already struggling to recover ...
and facility investments in the Stellantis Kokomo plant to produce GMET4EVO engines. It takes place under the looming threat of economic dislocation, including the imposition of massive tariffs ...
Stellantis chairman John Elkann is on the hunt for the automotive conglomerate's next CEO these days, following Carlos Tavares’s sudden December departure — talks surrounding the brand ...
Stellantis continues to reassess its product strategy in North America,” the company explained by email. However, the halt does not change the announced investment plans. The further investments ...
Stellantis' stock surged from $6 to $30 post ... Dodge Durango at its Detroit Assembly Complex and reopen the Belvidere plant in 2027. Before we move on to the earnings preview, let's quickly ...
Stellantis is searching for a new CEO after the departure of Carlos Tavares last December. The struggling group has 14 brands and not all of them will necessarily survive in the new era ...
Stellantis has introduced STLA AutoDrive, an advanced autonomous driving technology offering hands-free, eyes-off driving up to 37 mph. The new SAE Level 3 system is designed for ease in dense ...