'Very rough year': Stellantis profits fall 70% in 2024 amid weak sales, leadership change
Stellantis NV said Wednesday its 2024 net profit fell sharply to $5.8 billion (5.5 billion euro), a 70% drop compared to 2023's record high.
Stellantis cautious on turnaround as it searches for new CEO
Automaker Stellantis aims to return to revenue growth and positive cash generation in 2025 and sees steady margins, it said on Wednesday, as it tries to recover from a slump in its U.S. business late last year that led to the ousting of its CEO.
First Shift: Stellantis’ brand strategy in CEO search
Ford has replaced its traditional media center with a new channel aimed at consumers who increasingly turn to creators over mainstream media for brand news and information. Delinquency rates will likely plateau in 2025 and might even come down a little.
Which Stellantis Brands Could Be Facing Execution?
The company has the largest portfolio in the automotive industry, with 14 brands spread across the United States and Europe. It’s simply too many.
Stellantis faces brands dilemma as it searches for new CEO
As Stellantis chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority. The French-Italian company's sprawling portfolio - the largest among its peers,
Stellantis’ New CEO Must Decide Which Of The 14 Brands Stay Or Go
Carlos Tavares departed due to disagreements over strategy, but what is the right strategy for the struggling Stellantis group?
Stellantis CEO Search Sparks Brand Reshuffle Debate
Stellantis (NYSE: STLA) chairman John Elkann is evaluating CEO candidates, with a key focus on the future of its 14 brands. Formed in 2021 through the merger of Fiat-Chrysler and Peugeot owner PSA, the companys
Stellantis sees plunging performance amid weaker sales across board
Stellantis’ disappointing performance comes as the wider global car market continues to face a number of challenges, ...
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Stellantis profits fall 70pc in 2024
Car giant Stellantis — which includes Fiat, Chrysler, Jeep and Peugeot — on Wednesday reported a 70 per cent fall in 2024 ...
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Stellantis faces 70% profit drop but eyes recovery in 2025
Stellantis reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion) from ...
Stellantis Falls on Forecast for Little Recovery From Dire Year
Stellantis NV expects profitability to remain lackluster this year as the automaker struggles to revive flagging sales while ...
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Stellantis says 2024 profits fall 70% on N. America troubles
The Stellantis car giant—which includes Fiat, Chrysler, Jeep and Peugeot—on Wednesday reported a 70 percent fall in 2024 ...
Stellantis says UAW members could see $3,780 profit-sharing checks, a big drop from 2024
Stellantis had the lowest profit-sharing total of the Detroit Three; UAW President Shawn Fain blamed former CEO Carlos ...
Stellantis earnings preview: Big 3 automaker looks to put rough year behind it
Big Three automaker Stellantis warned of a “turbulent” year ahead. The company probably had no idea how true that would be.
Stellantis Stock Slips as Profit Plunges
Stellantis shares fell in premarket trading Wednesday after the struggling automaker's 2024 profit disappointed investors, ...
Crisis-hit Stellantis expects return to financial health in 2025
STORY: Automaker Stellantis says it will return to revenue growth and positive cash generation this year. It's trying to ...
Stellantis Sees Revenue Growth, Positive Cash in 2025 After Critical 2024
MILAN (Reuters) - Automaker Stellantis said on Wednesday it would return to revenue growth and positive cash generation in ...
Stellantis sinks to loss as car sales drop
World’s fourth-largest carmaker is navigating upheaval after sudden departure of chief executive Carlos Tavares ...