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Stellantis, China
Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings.
Stellantis Shares Drop 14% Amid Profit Warning and Rising Competition from Chinese EV Makers
Shares in Stellantis, the parent company of Chrysler, plummeted nearly 14% in Milan on Monday following a drastic revision of its full-year profitability and cash flow forecasts. The Italian-American automaker,
8h
Stellantis' $854 million UK lawsuit over airbag, seatbelt cartels begins
London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels ...
Automotive News
2d
Why Stellantis wants to be more like the Chinese to compete on EVs
Stellantis CEO Carlos Tavares wants to adopt the low-cost mindset of Chinese EV makers, but the automaker must navigate trade ...
Torque News
2d
Stellantis CEO Says Tariffs Won't Stop Chinese Dominance
Stellantis CEO Carlos Tavares is correct in saying the Tariffs on Chinese cars are stetting the western auto industry up to ...
1d
Dodge-parent Stellantis tumbles on warning, dragging auto stocks lower
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...
7d
Stellantis Launches China’s Leapmotor EVs In Europe At Competitive Prices
A few months after the official announcement of Stellantis bringing Leapmotor to European markets, the company revealed ...
1d
Stellantis Cuts 2024 Profit Outlook as US Sales Crisis Deepens
PARIS (Reuters) - Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected ...
1d
Stellantis slashes guidance, cites rising China competition
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
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