Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals.
It is no secret that Stellantis (STLA) has been in deep trouble lately. Last week, the multinational automaker and parent ...
The United Auto Workers (UAW) leaders are urging Stellantis members to be prepared to vote in favor of a strike against the ...
Carmaker Stellantis has embarked on what industry executives expect to be a lengthy and deeply challenging effort to replace ...
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
The company's chair is increasingly dissatisfied with the situation in North America, where sales have have slowed and ...
Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part ...
Carlos Tavares has a contract to remain as Stellantis chief executive until early 2026 but that hasn’t stopped company ...
Stellantis CEO Carlos Tavares wants to adopt the low-cost mindset of Chinese EV makers, but the automaker must navigate trade ...
The letter, which criticizes Biden administration auto policies, comes as Carlos Tavares faces pressure from dealers, workers ...
Stellantis said on Monday it has begun a search for a candidate to succeed CEO Carlos Tavares, whose contract is set to ...
Who should be next to lead the European-American conglomerate, and what must they do? Plus, GM educates dealers on EVs.
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