Cash flow is expected to suffer as well. Stellantis adds that its prior 2024 outlook for "positive" free cash flow has been updated to negative free cash flow of between 5 billion and 10 billion euros ...

The maker of Jeep, Ram, Fiat and Peugeot brands pledged to trim output and deploy incentives to help move inventory off ...

While some carmakers are still remaining silent on the matter, Volvo, along with 50 other industrial manufacturers say backtracking is not an option.

Ford shares fell over three per cent and GM by around four per cent after Stellantis NV lowered its 2024 forecast ...

Stellantis said it was accelerating efforts to turn around North America, including bringing dealer inventory levels to no ...

Luxury carmaker Aston Martin saw its share price drop by more than 20% after announcing that its profits for this year would ...

European carmaker Stellantis and others warn of a dire outlook due to rising costs and weak auto demand, especially in China ...

The share price of Stellantis, the owner of brands such as Peugeot, Citroen, Fiat and Jeep, also plummeted on Monday after a ...

European carmaker Stellantis joined on Monday bigger rival Volkswagen and others in warning about the worsening outlook for ...

Stellantis, the world's fourth-largest automaker by sales, sharply reduced its 2024 profit outlook on Monday, warning of ...

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 ...