Hefty losses at two major car makers have underlined the scale of the challenge facing the industry as it struggles to go ...
The maker of huge American brands Jeep, Dodge, Chrysler and Ram reported a staggering 70 percent drop in profits for 2024.
Jeep parent company Stellantis has recorded a significant drop in profit following a tough year for the car making ...
THE challenges facing the car industry in its switch to electric were laid bare yesterday with a double dose of bad news.
The automaker, which is now searching for a new CEO after the resignation late last year of Carlos Tavares, faced a range of ...
Amsterdam-based Stellantis N.V., which has its North American headquarters in Auburn Hills, today reported its 2024 net ...
The automaker cited high inventories, declining shipments and discontinued models among the challenges that impacted its ...
Given those disastrous results, it shouldn’t be surprising to learn Stellantis’ net profit fell 70% last year to €5.5 ($5.8 / ...
Stellantis reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion) from ...
Stellantis gave a cautious outlook for 2025 after its annual results took a hit from a slump last year in its U.S. business.
Stellantis faces potential profit challenges due to U.S. President Trump's proposed tariffs, particularly affecting vehicles ...
The company reported a 70-percent drop and doesn't expect to make any money until at least the second half of 2025.