Jeep vehicles are delivered to a dealership on June 20, 2024 in Chicago, Illinois. DETROIT — Stellantis' U.S. new vehicle sales during the third quarter continued a yearslong freefall despite CEO Carlos Tavares' actions to fix what he has called "arrogant" mistakes by the company. The Transatlantic carmaker reported U.S. sales Tuesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023 and a 11.5% decrease from the prior three months of this year. Stellantis was expected t ...

Stellantis N.V. (STLA) , the multinational automaker born out of the 2021 merger of PSA Peugeot and Fiat Chrysler, has become the latest European car manufacturer after Volkswagen (VWAGY) , Mercedez Benz Group AG (MBGAF) and BMW AG (BMWYY) to cut its profit outlook amid an increasingly challenging market. Stellantis has cited rising costs to turn around its U.S. business, stiff competition from Chinese rivals and sluggish global demand, particularly in China, one of the world's largest auto markets, as the ...

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NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- __________________ WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Stellantis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency ...

The European car company delivered some disappointing news about its business. In light of lingering economic challenges, it doesn't come as a complete surprise, but seeing it in writing has nevertheless jolted investors. Shares of carmaker Stellantis (STLA -13.89%) are deep in the red Monday, down 12.9% as of midsession after the company lowered its operating margin and cash flow guidance for the current fiscal year. The company's announcement echoes similar warnings recently issued by rival European autom ...

U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at last glance. The automaker cut its 2024 profit forecast and said it will burn through more cash than expected, citing a weakening a "global industry backdrop" and stout competition in China. On the charts, Stellantis stock is trading at its lowest level since January 2023, and a far-cry from its late-March record high of $29.51. The security is on track for its largest single-day perce ...

NEW YORK, Sept. 30, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA). Shareholders who purchased shares of STLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stellantis-loss-submission-form/?id=105580&from=4 CLASS PERIOD: February 15, 2024 to Ju ...

零跑轻资产出海首秀，一条反向合资的出海路径。 7 月底，200 多辆由零跑 SUV C10 和 A 级车 T03 组成的电动车队，在上海港排好队型，等着被装上一艘 名叫 Viking Queen 的滚装船，发往欧洲。为 9 月的新车上市做好准备。它们是零跑和欧洲汽车集团 Stellantis 成立的合资公司 —— 零跑国际 —— 首批从中国出口到欧洲的新车。 这是零跑与 Stellantis 合作的最新进展，后者拥有雪铁龙、标志、阿尔法·罗密欧等 14 个品牌。借助利 Stellantis 的分销渠道，今年底零跑将在欧洲有 200 个销售点位、到 2026 年会增加到 500 个。"零跑 C10 和 T03 车辆运往欧洲标志着 Stellantis 与零跑之间合作的一个里程碑时刻，"Stellantis 首席执行官卡洛斯· 塔瓦雷斯 7 月说道。 "中国是全球最大且竞争最激烈的电动车市场，我们的产品因获得本地客户的高度认可而证明了其价值。" 零跑汽车董事长朱江明说，"C10 和 T03 车型自一开始就为满足全球客户的高标准而设计，我们有信心， 零跑与 Stellantis 的合作将为双方公司带来显著的增长。" ...

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Stellantis on Monday trimmed its 2024 annual guidance on the back of deteriorating "global industry dynamics" and bolstered competition from China, sending Milan-listed shares lower on open. The French-Italian conglomerate, known for brands such as Chrysler, Dodge, Jeep and Maserati, warned of lower-than-expected sales "across most regions" in the second half of the year. It now pencil ...

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Stellantis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. W ...