Tag: Stellantis

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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...

Dodge-parent Stellantis tumbles on warning, dragging auto stocks lower

Stellantis (STLA) stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, dragging other auto stocks lower...

Stellantis sees things going from bad to worse

The automaker behind brands including Jeep (STLA), Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix...

European carmakers warn on profits as sector grapples with weak demand, rising costs

By Nick CareyLONDON (Reuters) - European carmaker Stellantis joined on Monday bigger rival Volkswagen and others in warning about the worsening outlook for auto...

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