Completion of the First Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (April 26-29, 2024) AMSTERDAM, May 1, 2024 - Stellantis N.V. ("Stellantis" or the "Company") announced today that its First Tranche of the 2024 Share Buyback Program announced February 28, 2024, covering up to €1 billion to be executed in the open market during the period between February 28, 2024 and June 5, 2024, has been completed. Since February 28, 2024 up to and including April 29, 2024, the Company has purchase ...

Key TakeawaysStellantis reported a big drop in revenue and shipments as the carmaker prepares to release a number of new models this year.Sales slid 12% on volume, mix, and currency exchange headwinds, while the plans to introduce new vehicles dragged shipments down 10%.Stellantis is looking to release 25 new models in 2024, including 18 battery electric vehicles.Shares of the automaker fell to their lowest level since January. Shares of Stellantis (STLA) fell more than 10% Tuesday after the automaker repor ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

We think we're doing things in the right way. And although there are I wanted to make sure everybody had better clarity about what our results are likely to look like at the half year. You hear a clear commitment from us to maintaining our financial guidance for the year. Harald Hendrikse Yes. Fantastic color. Thank you so much. Natalie Knight Good, then I'll take that as a last question and maybe it just gives me the opportunity to wrap things up a little bit from my side. I think it's really important whe ...

Maserati's first GranCabrio convertible since 2019 is scheduled to go on sale this summer in the U.S.Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects, even as net pricing held firm.Chief Financial Officer Natalie Knight said year-over-year shipment and net revenue comparisons were difficult due to the company's transition to a "next generation product portfolio manufactured on new platforms."This is a breaking news ...

Stellantis Reports Q1 2024 Net Revenues and ShipmentsReflecting New Product Transition Net revenues of €41.7 billion, down 12% compared to Q1 2023 primarily due to volume, mix and foreign exchange headwinds, partly offset by firm net pricingConsolidated shipments(1) of 1,335 thousand units, down 10%, reflecting production actions and inventory management to prepare for new product wave in H2 2024 compared with strong shipments in Q1 2023 to build inventory following a prolonged period of supply constrai ...

Stellantis (STLA) closed the latest trading day at $24.74, indicating a +0.57% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 1.02% for the day. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.Shares of the automaker have depreciated by 13.07% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 6.37% and the S&P 500's loss of 3.15%.Analysts and investors alike will be ke ...

Weekly Report (April 19-25, 2024) on the First Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, April 26, 2024 - Stellantis N.V. ("Stellantis" or the "Company") announced today that pursuant to its First Tranche of the 2024 Share Buyback Program announced on February 28, 2024, covering up to €1 billion to be executed in the open market during the period between February 28, 2024 and June 5, 2024, it has repurchased the following common shares in the period between April 19 up to and including Apr ...

In the latest trading session, Stellantis (STLA) closed at $24.60, marking a -1.05% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.46%. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq depreciated by 0.64%.Coming into today, shares of the automaker had lost 14.25% in the past month. In that same time, the Auto-Tires-Trucks sector lost 6.9%, while the S&P 500 lost 3.04%.Analysts and investors alike will be keeping a close eye on the perfo ...

AUBURN HILLS, Mich., April 25, 2024 /PRNewswire/ -- Actor Glen Powell kicks off the next chapter of the Ram Truck brand with& the launch of the all-new 2025 Ram 1500 RHO. A collaboration built on shared values of resilience, reliability and dedication, Texas-raised actor Glen Powell ("Top Gun: Maverick," "Anyone But You") kicks off the next chapter of the Ram Truck brand with the launch of the all-new 2025 Ram 1500 RHO Powell's connection to the Ram brand will extend onto the silver screen as his chara ...