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...

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...

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...

European autos stocks wipe off $10 billion after Stellantis warning

By Danilo MasoniMILAN (Reuters) - European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over...

Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...

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