Stellantis shares plunge as carmaker follows Volkswagen in ...
WEBSep 30, 2024 · 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...
Carmaker Stellantis slashes forecasts as it faces industry ...
WEBSep 30, 2024 · MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.
Stellantis to lay off up to 2,450 factory workers as ... - CNN
WEBAug 9, 2024 · Chrysler-parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.
Stellantis ready to axe brands and fix US problems, CEO says
WEBMILAN, July 25 (Reuters) - Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio,...
CEO: Stellantis has achieved $9 billion in cost reductions ...
WEBJun 13, 2024 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as "arrogant" mistakes by himself and the company in the automaker's U.S. operations that led to sales...
Stellantis U.S. auto sales extend free fall in third quarter
WEBJun 20, 2024 · Stellantis reported U.S. sales Tuesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023.
Stellantis to offer broad buyouts to U.S. salaried workers ...
WEBJul 30, 2024 · DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.
Press Releases - Stellantis
WEBStellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory; October 11, 2023; Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence; October 9, 2023; MEDIA ADVISORY: Stellantis to Present Commercial Vehicles Strategy and New Global Van …
News Dashboard - Stellantis
WEBAll Press Releases. 2023: Stellantis Ahead Of The Competition. Progressing Toward Our Dare Forward 2030 Targets. As we transform into a sustainable mobility tech company, we are guided by the clear vision of our Dare Forward 2030 strategic plan, which paves the way for Stellantis to achieve carbon net zero by 2038. Learn More. Events.
Stellantis Intensifies Electrification While Targeting ...
WEBJul 8, 2021 · Plans to invest more than €30 billion through 2025 in electrification and software, while continuing to be the automotive efficiency frontrunner, with investment efficiency 30 percent better than industry average. Targeting over 70 percent of sales in Europe and over 40 percent in the United States to be low emission vehicle (LEV) by 2030.
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