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Thu, 10/31/2024 - 5:16am

Stellantis sees things go from bad to worse

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Stellantis reports massive £10bn sales slump as European collapse continues
Stellantis has reported a massive drop in revenues following a slump in European new cars sales, though the manufacturer says that supply chain issues are ...
11/1/2024 - 12:45 am | View Link
Stellantis sees things go from bad to worse
Stellantis (STLA), the company behind brands including Jeep and Chrysler, on Thursday reported a major revenue decline as it moves to slash inventories and boost flagging sales.
10/31/2024 - 1:59 am | View Link
Stellantis sees 20% y/y decline in third-quarter shipments
(Reuters) - Stellantis expects a 20% yearly drop in consolidated shipments in the third quarter to 1.15 million units globally, the carmaker said on Wednesday. That's a steeper drop than the forecast ...
10/15/2024 - 9:03 pm | View Link
Stellantis’ Guidance Was So Bad, Ford and GM Stocks Are Getting Hit
Stellantis now sees full-year adjusted operating income margins coming in at 5.5% to 7%, down from a prior call for “double digits.” Free cash flow is now expected to be negative 5 billion ...
09/30/2024 - 9:25 am | View Link
Stellantis sees things going from bad to worse
The Netherlands-based automaker has pushed up its timeline to lower U.S. dealer inventory to about 330,000 units to the end of 2024, from the first quarter of 2025. To do so, it will cut shipments ...
09/30/2024 - 1:49 am | View Link
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