Tag: Stellantis
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Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans
ROME (AP) — Workers in Italy’s troubled automotive sector are holding a national strike on Friday for the first time in 20 years, with...
Stellantis expects Q3 shipments to fall by a fifth in effort to cut inventories
(Reuters) -Stellantis (STLA) expects a 20% drop in third-quarter consolidated vehicle shipments, the carmaker said on Wednesday amid a declining business performance which led...
EU tariffs on Chinese EVs to accelerate plant closures in Europe, Tavares says
PARIS (Reuters) - The EU's duties on Chinese-made electric cars will speed up plant closures in Europe by local automakers, as tariffs will push...
Stellantis has ‘misplaced belief in its own pricing power’ as U.S. struggles continue, Bernstein says
Multinational automaker Stellantis risks alienating huge chunks of its U.S. market as price rises cause its market share to plunge, a stateside dealer for...
Stellantis sales plunge in the U.S. as the CEO tries to fix his ‘arrogant’ mistakes
On Wednesday, Stellantis (STLA) reported another quarter of plunging sales as the company behind brands such as Jeep and Chrysler attempts to fix its...