Stellantis delivered continued growth outside Enlarged Europe and North America with the “third engine”(5) delivering a 13% increase in Net revenues. In China, Stellantis invested €1.4 billion in Leapmotor, a pure play NEV OEM, and now holds approximately 21% equity, giving Stellantis a ...
Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual jump in global battery and electric vehicle sales. 据CNBC报道,汽车制造商Stellantis在周三...
Big Three automakerStellantis (STLA) reported worldwide shipments dropped 20% year-over-year in the third quarter, including a 36% decline in North America amid high dealer inventory levels.1 The figures come soon after the maker of Jeep and Chryslerissued a profit warning, c...
Waste Management is the largest solid waste and recycling provider in North America, with an industry-leading footprint of collection and disposal assets. As disposal capacity becomes increasingly scarce, we expect price-led growth to continue, given the company’s vertically integra...
Stellantis Posts Record Results in its First Year with 11.8% AOI Margin(1)(2)and €13.4 Billion Net Profit(1), on a Pro Forma basis Net revenues(1)of €152 billion, up 14% Adjusted operating income(1)(2)(“AOI”) nearly doubled to €18.0 billion, with 11.8% margin and all segment...
Stellantis' first-half operating income fell 40%, mainly due to poor business performance in North America, its profit powerhouse. Vehicle sales in the region for its top brands, Ram and Jeep, have both declined at least 33% from the first half of 2019 to the same period this year,...
Stellantis (STLA) shares are plunging 8% in premarket trading Wednesday after the automaker reported results that lagged both analysts' and its own expectations as the automaker struggles with excess inventory in North America.1 The owner of the Chrysler and Jeep brands said it is taking "decisiv...
officer Doug Ostermann said the carmaker was ahead of schedule on reducing inventories in North America and reaching its targets by the end of November. The U.S. market share rose from 7% in July to 8% in September, and was on track to hit 10% this month, he said."While Q3 2024 ...
Adjusted operating income (“AOI”) margin – Expected to be between 5.5 – 7.0% for the FY 2024 period, down from the prior “double-digit.” Roughly two-thirds of the reduced AOI margin is driven by corrective actions in North America. Other contributors include lower-than-expected sales ...
Stellantis has been grappling with bloated inventories, high-profile departures and slumping sales in the US after raising prices more than peers. Chief Executive Officer Carlos Tavares has struck a defiant tone since a disastrous profit warning last month, pledging fixes in North America and replaci...