Stellantis has announced full-year 2024 financial results which were in line with previous guidance but highlighted the consequences of excessive inventory in the US. Earlier this year it said it had ...
U.S. equities were higher at midday, lifted by tech shares ahead of today's much-anticipated earnings report from Nvidia.
The company reported a 70-percent drop and doesn't expect to make any money until at least the second half of 2025.
On today's earnings call, Stellantis executive chairman John Elkann was blunt: “2024 is a year we are not proud of.” So says the man who is acting as interim CEO as a search for a new leader continues ...
Stellantis NV (NYSE: STLA) reported a 17% YoY revenue decline for FY24, with North America shipments down 25%. The company ...
Stellantis reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion) from ...
Stellantis has temporarily shut down all operations at its Brampton, Ontario assembly facility, casting doubt on the timeline ...
President Trump says tariffs will force manufacturers to build new factories in the US and hire more American workers, but ...
Stellantis shares fell in premarket trading Wednesday after the struggling automaker's 2024 profit disappointed investors, ...
The Stellantis car giant—which includes Fiat, Chrysler, Jeep and Peugeot—on Wednesday reported a 70 percent fall in 2024 ...
Stellantis forecasts 2025 growth after a 70% profit drop, tackling weak US sales, China struggles, and EV costs with a market ...
Stellantis had many struggles in 2024 and saw its CEO, Carlos Tavares, depart. A search is underway for his replacement.