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Jeep Maker Stellantis Warns on Profit
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 3.3% to $10.
Stellantis Stock Plunges as Jeep Maker Cuts Outlook
Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning, noting it is cutting excess North American inventory amid a "deterioration in global industry dynamics" and competition from Chinese rivals.
1h
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 ...
4h
GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit-margin view
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
1d
Stellantis, Owner of Chrysler and Jeep, Slashes Profit Forecast
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
56m
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 ...
Kokomo Tribune
56m
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 ...
2d
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 ...
17h
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 ...
4d
on MSN
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 ...
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