Shares In Jeep-maker Stellantis Fall
Jeep Maker Stellantis Warns on Profit as Automakers Face Perfect Storm
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer vehicles.
Ford, GM Stocks fall 3% After Jeep Maker Stellantis Warns About China Competition
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition. Ford shares fell 3.2% to $10.
Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
Jeep Owner Stellantis Warns of Deterioration Across Global Car Industry
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer vehicles.
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.
Shares In Jeep-maker Stellantis Fall After Profit Warning
Shares in European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, sank Monday after the group cut its annual profit outlook, citing deteriorating "global industry dynamics".
Global Car Stocks Fall After Jeep Maker Stellantis Cuts Guidance
Global car stocks dropped after Jeep maker Stellantis and U.K. luxury carmaker Aston Martin joined Volkswagen and others in cutting earnings forecasts, signaling a worsening industry outlook. Stellantis—which houses brands such as Chrysler,
GM and Ford stocks drop after Jeep owner Stellantis cuts profit view
General Motors Corp.’s stock was down nearly 4% and Ford Motor Co. fell 3.1% in premarket trading on Monday after Jeep owner Stellantis NV warned it’s facing increased competition from Chinese auto makers and lower wholesale shipments.
Stellantis Stock Is Dropping After Cutting Guidance. Ford, GM Also Down.
Stellantis stock tanked early Monday, dragging down shares of Ford Motor and General Motors, after the Jeep maker cut its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition.
Shares of Dodge-maker Stellantis drop 9% after profit warning
The conglomerate, known for brands such as Chrysler, Dodge and Jeep, warned of lower-than-expected sales "across most regions" in the second half of the year.
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
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GM's and Ford's stocks drop after Jeep owner Stellantis cuts profit-margin view
Stellantis warns of more intense competition from China. General Motors Corp.'s stock and Ford Motor Co.'s stock dropped Monday after Jeep owner Stellantis NV warned it's facing tighter profit ...
Struggling Jeep and Ram maker Stellantis is searching for a new CEO
Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part ...
Stellantis plunges 14% after lowering forecast: what’s driving the struggles?
Stellantis NV slashes its annual forecasts due to worsening industry trends, rising costs in the US, and fierce Chinese ...
Italy's carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
MILAN (AP) — Italy's Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing ...
Stellantis to pause production at Detroit SUV plant as UAW talks strike
Production of Jeep Grand Cherokees and Dodge Durangos at the Detroit Assembly Complex-Jefferson plant will halt amid bloated ...
Jeep CPO warranty guide: What’s covered?
The Jeep CPO warranty adds 3-month/3,000-mile Maximum Care coverage after the original warranty expires or at the time of the sale. Even though Jeep’s CPO warranty is shorter than its competitors, it ...
Fiat and Jeep owner Stellantis’ CEO follows Chinese route to avoid EV tariff ‘trap’
Carlos Tavares, CEO of Stellantis, a major investor of EV maker Leapmotor, said the best way to compete is to 'try to be ...