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.
Stellantis and Aston Martin blame weaker China demand for profit warnings
The Stellantis warning marks a sharp reversal in fortune for the world’s fourth-biggest car manufacturer, raising the pressure on chief executive Carlos Tavares at a time when the company is also launching a search for his successor in 2026.
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing ...
Based on the new and updated 2024 market outlook of the company, the adjusted operating income margin (AOI) for FY 2024 is ...
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
Although the sheer scope of it is jarring, to forward-thinking investors, today's plunge from Stellantis stock to a new ...
U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at ...
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
PARIS (Reuters) - Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected ...
Shares in the car giant fell around 14% after it slashed annual forecasts, and warned it would burn through more cash than ...
Stellantis said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 fires were ...
La fabricante automotriz Stellantis redujo el lunes sus pronósticos de ingresos, citando las inversiones para reestructurar ...
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