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Dodge-maker Stellantis issues profit warning
Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.
Stellantis and Aston Martin shares 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.
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.
6h
Stellantis slashes guidance, cites rising China competition
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
SchaeffersResearch.com
5h
Stellantis Stock Sinks on Slashed Profit Forecast
U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at ...
5h
GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit-margin view
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
10h
Stellantis plunges 14% after lowering forecast: what’s driving the struggles?
Stellantis NV slashes its annual forecasts due to worsening industry trends, rising costs in the US, and fierce Chinese ...
11h
European autos stocks wipe off $10 bln after Stellantis warning
European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns ...
4h
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 ...
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