Core Viewpoint - TKM Auto OÜ, a subsidiary of TKM Grupp AS, has signed an agreement to acquire 100% shareholding in Rohe Auto AS and SKO Motors OÜ, enhancing its presence in the automotive sector and expanding its brand portfolio with Škoda dealership rights [1][3]. Group 1: Transaction Details - The acquisition includes Rohe Auto AS and SKO Motors OÜ, which are involved in the sale of Škoda vehicles, spare parts, and maintenance services in Tallinn and Harju County [1]. - The transaction will not include the current shareholding of Rohe Auto AS and SKO Motors OÜ in Carstadt OÜ, which will be divested prior to completion [1]. - The share purchase agreement is subject to necessary approvals from the Estonian Competition Authority and additional actions [2]. Group 2: Company Background - TKM Grupp AS has been focused on expanding in the automotive sector since 2007, with a network of independent dealers importing KIA vehicles and operating retail and service showrooms in the Baltics [3]. - The automotive segment of TKM Grupp AS generated revenue of €200.8 million in 2024, indicating a strong market presence [3]. - Rohe Auto AS and SKO Motors OÜ are wholly owned by AS Adole Invest, a major automotive group in Estonia, which also represents brands like Porsche, Bentley, and Lamborghini [4]. Group 3: Financial Information - Rohe Auto AS has a registered share capital of €120,000, while SKO Motors OÜ has a registered share capital of €251,000 [5]. - A new real estate holding company will be established with a registered share capital of €10,000 prior to the transaction's completion [5].

Stellantis (NYSE:STLA) pushed back sharply against the European Union's revised vehicle emissions plan, warning it undermines growth incentives.The automaker said the updated framework lacks urgency and clarity for large-scale investment, the Financial Times reports.Leadership Raises AlarmChief Executive Antonio Filosa said Brussels missed a chance to support expansion across Europe's auto sector.Also Read: Benzinga Bulls And Bears: Carnival, Caterpillar, Meta — And Markets Make Modest GainsFilosa assumed l ...

Core Insights - Stellantis is a significant player in the global automotive industry, formed from the merger of Fiat Chrysler Automobiles and PSA Group, producing vehicles under various brands like Jeep, Ram, and Peugeot [1] - Goldman Sachs initiated coverage of Stellantis with a Neutral rating, setting the stock price at $9.87 [1][6] Supply Chain Strategy - Stellantis is actively reshaping its supply chain, engaging in a potential liability-restructuring deal with Italian steel-component maker CLN-Coils Lamiere Nastri, which may allow banks to recover about half of their original exposure [2] - The company has agreed to pay more on its Italian supply contracts than previously negotiated, indicating a commitment to maintaining a strong relationship with CLN, a crucial supplier for its production [3] Stock Performance - Stellantis' stock price has increased by 6.93%, with a recent change of $0.64, reflecting market volatility [4][6] - The stock has fluctuated between $9.59 and $9.96 in a single day, with a yearly high of $14.28 and a low of $8.39, indicating significant price movement [4] - The market capitalization of Stellantis is approximately $28.51 billion, with a trading volume of 20.04 million shares, showcasing its substantial market presence [5]

Core Viewpoint - Stellantis' shares fell 10% following modest third-quarter gains and warnings of potential future charges, despite a 13% increase in net revenues to 37.2 billion euros ($43.2 billion) [1][3] Group 1: Financial Performance - The company reported a 13% increase in shipments to 1.3 million vehicles, primarily driven by North America [2] - U.S. car sales rose 6%, achieving a market share of 8.7%, the highest in 15 months [4] - Global vehicle sales increased by 4%, with European net revenues rising by 4% [4] Group 2: Strategic Changes - CEO Antonio Filosa, who took over in June, described the results as "encouraging" and emphasized the importance of strategic changes to enhance customer choice [3][5] - Stellantis relaunched the HEMI V-8-powered RAM 1500 and plans to launch four more new models by the end of the year [2][5] Group 3: Future Outlook and Investments - The company warned of potential charges in the second half of the year due to regulatory changes and warranty estimation reviews [3] - Stellantis announced a $13 billion investment in the U.S. over four years to expand manufacturing, aiming to increase vehicle production by 50% and create 5,000 jobs [6]

Core Insights - Stellantis N.V. is a significant entity in the global automotive sector, formed from the merger of Fiat Chrysler Automobiles and PSA Group, with a diverse brand portfolio including Peugeot, Citroën, and DS Automobiles [1] Financial Performance - On October 30, 2025, Stellantis reported an earnings per share (EPS) of -$0.91, missing the estimated EPS of $0.41, with a revenue of approximately $87.44 billion, slightly below the estimated $87.94 billion [2] - The company's price-to-sales ratio of 0.19 indicates a low market valuation of Stellantis' sales relative to its stock price, supported by an enterprise value to sales ratio of 0.26 [3] - Stellantis has an enterprise value to operating cash flow ratio of -12, indicating difficulties in generating positive cash flow from operations [3] - The earnings yield stands at -8.63%, reflecting the negative earnings situation, while the debt-to-equity ratio of 0.56 suggests a moderate level of debt relative to equity [4] - The current ratio of 1.06 indicates slightly more current assets than current liabilities, suggesting short-term financial stability [4] Supplier Relations - Stellantis recently held its fifth annual Supplier of the Year Ceremony in Paris, recognizing 54 global suppliers for their exceptional performance, attended by the Stellantis Leadership Team and over 200 global sourcing partners [5] - The event included presentations on Stellantis' future product strategies, highlighting the company's commitment to supplier relationships and future planning [5]

Group 1 - Stellantis N.V. is considered one of the best affordable stocks to buy under $20, with a Buy rating and a price target of €11 set by Jefferies analyst Philippe Houchois [1] - Stellantis announced plans to invest $13 billion over the next four years to support business growth in the US market and expand its domestic manufacturing footprint [2] - This investment is the largest in the company's 100-year history in the US and is expected to introduce five new vehicles, create over 5,000 jobs in several states, and produce a new four-cylinder engine [3] Group 2 - The new investment will increase Stellantis's annual finished vehicle production by 50% over current levels, enhancing its already significant US footprint [4] - Stellantis designs, manufactures, distributes, and sells vehicles under various brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, and others [4]

Core Insights - Stellantis N.V. announces new appointments to its leadership team as part of its strategy for recovery and growth ahead of the 2026 strategy presentation [1] Leadership Changes - Emanuele Cappellano is appointed as Head of Enlarged Europe and European Brands, while also leading Stellantis Pro One [2] - Jean-Philippe Imparato will focus on performance improvements at Maserati as CEO and Stellantis & You, reporting to Cappellano [2] - Herlander Zola is appointed Head of the South America region, succeeding Cappellano [2] - Samir Cherfan joins the leadership team while maintaining his role as Head of Middle East & Africa and Micromobility [3] - Grégoire Olivier is appointed Head of the China and Asia-Pacific region [3] - Francesco Ciancia will rejoin Stellantis as Global Head of Manufacturing starting November 1 [3] - Ralph Gilles joins as Global Head of Design [4] Leadership Team Composition - The updated Stellantis Leadership Team includes: - Antonio Filosa, CEO and North America & American Brands - Emanuele Cappellano, Enlarged Europe, European Brands & Stellantis Pro One - Herlander Zola, South America - Samir Cherfan, Middle East & Africa and Micromobility - Grégoire Olivier, China and Asia-Pacific - Davide Mele, Product Planning - Ned Curic, Product Development & Technology - Sébastien Jacquet, Quality - Monica Genovese, Purchasing - Scott Thiele, Supply Chain - Francesco Ciancia, Manufacturing (starting November 1) - Joao Laranjo, Chief Financial Officer - Xavier Chéreau, Human Resources - Clara Ingen-Housz, Corporate Affairs & Communications - Ralph Gilles, Design [6][7] Strategic Focus - The new appointments aim to promote exceptional talent and sharpen regional focus within the leadership team, particularly for Asia-Pacific and Middle East & Africa [5]

Core Insights - Stellantis reported a significant financial impact from US tariffs, costing the company nearly $350 million due to paused production and reduced shipments of imported vehicles [1][2] - The company experienced a 25% drop in vehicle shipments, totaling about 109,000 fewer vehicles compared to the same period last year [1] - Overall second-quarter shipments fell by 6% year-over-year, with an estimated total of 1.4 million vehicles shipped [3][6] Financial Performance - Stellantis reported preliminary losses of $2.68 billion on $83 billion in revenue for the first half of the year, a stark contrast to a profit of $6.5 billion on nearly $100 billion in revenue during the same period last year [3][5] - Net revenue fell to $86.5 billion, marking a 12.6% decline from the first six months of 2024 [7] - The company incurred $3.8 billion in pre-tax net charges, primarily due to restructuring costs and the cancellation of certain projects [4] Market Challenges - The losses highlight the challenges faced by the new CEO Antonio Filosa, who took over after the previous CEO was ousted due to poor performance in the US market [4][6] - Analysts noted that Stellantis had previously priced itself out of the US market and failed to update popular models, resulting in unsold inventory [6] - The company's stock has fallen by more than 55% in the last 12 months, reflecting declining investor confidence [9][10] Future Outlook - CEO Filosa expressed optimism for gradual and sustainable improvement in 2025, despite acknowledging the tough first half of the year [6] - The company suspended its full-year guidance back in April, indicating a need to reset expectations ahead of the full financial report [9]

Core Insights - Stellantis anticipates a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year due to pre-tax net charges and early impacts of U.S. tariffs [1] - The company estimates first-half net revenue at 74.3 billion euros, a decrease from 85 billion euros in the same period last year [1] Financial Guidance - Stellantis has suspended financial guidance since April 30 and will release financial results for the first half of 2025 on July 29 as scheduled [2]

Group 1 - Stellantis appointed Antonio Filosa as the new CEO, concluding a prolonged search for leadership [1][2] - Filosa, currently the North American boss, will officially take on CEO responsibilities starting June 23 [2] - An extraordinary shareholder meeting will be held soon for Filosa's election to the board as an executive director [2]