Why automotive manufacturing firm Stellantis, owner of Jeep, is struggling
The problems are raising questions about the future of Carlos Tavares, the Stellantis chief executive, who races cars in his ...
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Stellantis said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 fires were ...
Stellantis joins stressed carmakers
The maker of Jeep, Ram, Fiat and Peugeot brands pledged to trim output and deploy incentives to help move inventory off ...
Stellantis has too many cars sitting unsold, and it's a huge problem
It is no secret that Stellantis (STLA) has been in deep trouble lately. Last week, the multinational automaker and parent ...
Assembly Mag50m
Stellantis Slashes 2024 Profit Outlook Amid Rising Global Competition
Stellantis, the world's fourth-largest automaker, reduced its 2024 profit forecast and warned of higher-than-expected cash ...
European Car Stocks Drop After Flurry of Guidance Cuts
China’s Shanghai Composite surged more than 8%, its best day since 2008, helped by new stimulus measures. Japanese stocks, in contrast, tumbled amid concerns over the policies of incoming Prime ...
Kokomo Tribune45m
Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn ...
journalgazette25m
Wall Street hangs near its records after wild swings in Asian markets
U.S. stocks are hanging near their records today following a wild start to the week for financial markets in Asia, where ...