Stellantis, China
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 3.3% to $10.
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.
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
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".
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 of a normal leadership succession plan.
Ford's Shares Dragged Down by Stellantis Warning
Stellantis warned that this year's financial results would be worse than expected. Ford investors worry it will disappoint the market next.
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,
Dodge-maker Stellantis issues profit warning; shares drop 12%
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.
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.
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 ...
European Autos Stocks Wipe off $10 Billion After Stellantis Warning
The rout wiped off nearly $10 billion from the market value of the STOXX Auto & Parts index with Stellantis, listed in Paris ...
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 ...
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 ...
Stellantis CFO says automaker will cut 100K vehicles from inventory by 2025
Stellantis has been struggling with inventory levels, and it's trying to address the issue with production and pricing cuts ...
How Did This Jeep Grand Wagoneer Slip Through QC With Mismatched Seats?
The differing patterns on the third-row seats of this Grand Wagoneer somehow slipped past Jeep's quality inspection ...