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Stellantis cuts 2024 profit outlook

Bloomberg on MSN · 34m

Stellantis’ US Sales Plunge Again in Sign of Deepening Woe

Stellantis NV’s US sales plunged 20% last quarter — the fifth consecutive decline — as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.

Reuters on MSN · 2d

Stellantis cuts 2024 profit outlook as US sales crisis deepens

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.

Detroit Free Press · 1d

Stellantis lowers profit outlook for 2024, plans more inventory cuts in US

Stellantis had been forecasting double digit adjusted operating income margins for this year, until Monday. Now the automaker is changing its outlook.

Stellantis Recalls Over 150,000 Plug-In Hybrids

Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks

Stellantis STLAM.MI said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 fires were reported, and it told owners to park outside and away from other vehicles until recall repairs are completed.

Benzinga.com · 1d

Stellantis Recalls Over 154K Jeep Plug-Hybrid SUVs In US Citing Fire Risk

Chrysler parent Stellantis NV is recalling 154,032 Jeep plug-in hybrid SUVs in the U.S. owing to fire risks, the company said in a statement on Monday.

UPI News on MSN · 15h

Stellantis recalls 154,032 Jeep Wrangler, Grand Cherokee hybrids for fire risk

Automaker Stellantis on Monday recalled 154,032 Jeep Wrangler and Grand Cherokee plug-in hybrids built in recent years after discovering a significant fire risk.

11mon MSN

Stellantis reports 20% drop in 3rd quarter US sales, with Chrysler and Dodge hit hard

Stellantis released its U.S. sales numbers on Wednesday, showing another down quarter for the maker of Jeep, Ram, Chrysler, ...

45m

Stellantis sales declined in the third quarter. This is how much

The automaker this week lowered its financial outlook for 2024's second half, citing actions it's taking to address falling ...

3d

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.

1d

Chrysler, Jeep maker issues big profit warning as it plans to slash U.S. inventory

Chrysler’s parent company Stellantis on Monday said it’s accelerating an inventory reduction program as it issued a massive ...

2d

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 ...

6d

Stellantis puts five brands in creative review, including Dodge, Ram and Chrysler

The incumbents on the brands are Omnicom’s GSD&M (which mainly handles Dodge) and Stagwell’s Doner. Jeep, whose creative is ...

Zacks.com on MSN22h

Stellantis Joins Europe's Auto Giants in Sounding Profit Alarms

Stellantis N.V. STLA, the multinational automaker born out of the 2021 merger of PSA Peugeot and Fiat Chrysler, has become ...

1d

Dodge-parent Stellantis tumbles on warning, dragging auto stocks lower

Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...

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