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 Lineup on …
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,...
Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
WEB3 days ago · Operating profit will be, at best, 7 percent of sales compared with an earlier forecast of more than 10 percent, Stellantis said. The news sent the company’s share price down roughly 14 percent ...
Stellantis shares plunge as carmaker follows Volkswagen in profit ...
WEB2 days ago · For Stellantis, Monday’s profit warning is the latest piece of bad news. The company has recently had to recall more than 1.2 million Ram 1500 vehicles due to a software malfunction in the anti ...
Biden administration to award nearly $1.1 billion to Stellantis, GM …
WEBWASHINGTON, July 11 (Reuters) - The Biden administration plans to award General Motors (GM.N) and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build...
Stellantis US Sales Plunge Again in Sign of Deepening Trouble
WEB11 hours ago · 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 ...
CEO: Stellantis has achieved $9 billion in cost reductions from …
WEBJun 13, 2024 · Stellantis is correcting “arrogant” problems that led to sales declines, bloated inventories and investor concerns in the U.S., CEO Carlos Tavares said. The automaker also updated investors on...
Stellantis is skidding into unknown territory - Financial Times
WEB8 hours ago · Stellantis’s road back will be long and winding. Rebuilding market share is a laborious process involving new models and brand investment. The alternative — cutting brands and capacity — is ...
Stellantis Implements Multifaceted Semiconductor Strategy to …
WEBActual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the impact of the COVID-19 pandemic, the ability …
News Dashboard - Stellantis
WEBNews Dashboard | Stellantis. Latest Press Releases. September 18, 2024. Stellantis Deploys AI-enabled Innovations to Boost Manufacturing Efficiency, Sustainability and Improve Workplace. Read More. September 17, 2024. Stellantis Pro One Inaugurates Global Commercial Vehicles Hub at Mirafiori Automotive Park 2030 in Turin, Italy. Read …