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Stellantis Stock Is Dropping

Barron's on MSN · 31m

Stellantis Stock Is Dropping After Cutting Guidance. Ford, GM Also Down.

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.

MarketWatch on MSN · 3h

GM and Ford stocks drop after Jeep owner Stellantis cuts profit view

General Motors Corp.’s stock was down nearly 4% and Ford Motor Co. fell 3.1% in premarket trading on Monday after Jeep owner Stellantis NV warned it’s facing increased competition from Chinese auto makers and lower wholesale shipments.

Business Insider · 3h

Stellantis Drops 13% In Pre-market On Lowered Guidance

Shares of Stellantis N.V. (STLA) were falling more than 13 percent in pre-market on Monday to $13.94, after the automaker slashed its

Carmaker Stellantis slashes forecasts

Hosted on MSN · 27m

Stellantis Cuts Forecasts in Further Blow to Besieged Carmakers

Stellantis NV slashed its forecasts for the year, citing plans to lower production and spend more on promotional incentives in a slowing and more competitive auto market.

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 automobile industry faces a slump and increased Chinese competition

SchaeffersResearch.com · 1h

Stellantis Stock Sinks on Slashed Profit Forecast

On the charts, Stellantis stock is trading at its lowest level since January 2023, and a far-cry from its late-March record high of $29.51. The security is on track for its largest single-day percentage loss since March 2020,

Stellantis, Aston Martin

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.

Yen.com.gh · 4m

Shares in Stellantis, Aston Martin skid on profit warnings

Shares in Jeep-maker Stellantis and Britain's Aston Martin tumbled on Monday after both companies joined European rivals in cutting their profit forecasts. - China effect - Aston Martin also cited the Chinese market as it trimmed its financial guidance for 2024,

MarketWatch on MSN · 7h

Aston Martin shares fall 25% after warning blamed on supply disruptions, China

The British car manufacturer said it expects to sell 1,000 fewer cars than previously anticipated due to delays at several of its suppliers

34m

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 ...

1h

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 ...

3h

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 ...

3h

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 ...

5h

UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract

The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of ...

1d

Stellantis, Owner of Chrysler and Jeep, Slashes Profit Forecast

The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.

4h

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 ...

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