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 tighter profit margins due to increased competition from Chinese automakers and lower wholesale shipments.
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer ...
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.
The car giant said it will accelerate its push to cut inventories on U.S. dealer lots by adding discounts and shipping fewer ...
These closures at Toledo's North and South plants were only supposed to last one week, according to Stellantis. But now, the shutdown is entering its third week, and may continue. UAW Representatives ...
MILAN — Carmaker Stellantis, the world’s fourth largest carmaker and the biggest private employer in Windsor, slashed its ...
Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s ...
Stellantis NV revised on Monday its guidance downward, reflecting decisions to significantly enlarge remediation actions on ...
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 ...
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