Stellantis expects $2.7 billion 1st half loss
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Stellantis (BIT:STLAM) (NYSE:STLA) expects to post a 2.3 billion ($2.68 billion) net loss for the first half of 2025, citing a mix of operational setbacks, restructuring costs, and external pressures including
Stellantis announced today that it is set to end its investment in Symbio, a joint venture with Michelin and Forvia SE, by 2026.
But it’s not a new story for Stellantis, and the challenges the owner of the Jeep, Ram, Chrysler, Dodge and Fiat brands has had in dealing with its suppliers was on display again this week with ...
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InvestorsHub on MSNStellantis Downgraded Amid Earnings and Cash Flow ConcernsWolfe Research lowered its rating on Stellantis (NYSE:STLA) to Underperform on Wednesday, highlighting significant risks to the company’s earnings and free cash flow due to ongoing structural challenges and unfavorable macroeconomic conditions.
The most recent CEO, Carlos Tavares, who spearheaded the merger to form Stellantis, abruptly resigned in December amid disagreements with the board.
But it’s not a new story for Stellantis, and the challenges the owner of the Jeep, Ram, Chrysler, Dodge and Fiat brands has had in dealing with its suppliers was on display again this week with ...
DETROIT — "Mediocrity is not worth the trip." That was part of incoming Stellantis CEO Antonio Filosa's first public message after being named to lead the global automaker. It was a mantra ...
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InvestorsHub on MSNStellantis Shuts Down Hydrogen Fuel Cell Program, Citing Infrastructure and Cost ChallengesStellantis (NYSE:STLA) announced on Wednesday that it is ending its development efforts for hydrogen fuel cell technology, shifting away from a strategy once seen as part of its alternative energy portfolio.