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 as Europe's No.2 carmaker pledged to reduce output and offer big discounts to revive its U.S. business, wiping billions off its market value.
It is no secret that Stellantis (STLA) has been in deep trouble lately. Last week, the multinational automaker and parent ...
Although the sheer scope of it is jarring, to forward-thinking investors, today's plunge from Stellantis stock to a new ...
Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer ...
WASHINGTON (Reuters) - Stellantis said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks ...
The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
The warning, amid similarly negative news from other car makers, also dragged down shares of Ford Motor and General ...
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