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Stellantis revenues, shipments down in first quarter; CFO describes transitional period
Detroit Free Press· 2 days agoThe first quarter of 2024 for Stellantis, with revenues and shipments down 12% and 10%,...
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Automotive News· 2 days agoIn North America, net revenues decreased 15 per cent from a year earlier. Stellantis’ market share in the region was stable at 8.4 per cent, Knight said, “demonstrating resilience even amidst ...
Jeep, Ram parent Stellantis slides 10% as concern grows over 'bloated' inventory
AOL· 2 days agoOn the conference call, CFO Natalie Knight said this was “due to transitions in product offering, inventory management, regional mix, and F/X impact.” Shipments also fell 10%, to 1.335 million ...
Stellantis revenues down 12% in Q1
Just Auto via Yahoo Finance· 2 days agoIt said it had to build inventory following a prolonged period of supply constraints. In North America, Q1 shipments were down 20%, due to mix and...
Stellantis Shipments Fall Amid Transition to New Vehicles | Transport Topics
Transport Topics· 2 days ago“While Q1 2024 year-over-year shipments and net revenues comparisons were difficult due to...
Stellantis Revenue Falls Below Forecasts on Lower Volumes, New Model Preparations
The Wall Street Journal· 2 days agoStellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales...
Stellantis earnings decline as sales stagnate in U.S.
CBT News· 2 days agoStellantis disclosed a 12% revenue decline to $44.7 billion for the first quarter of 2024 compared...
Stellantis N.V. (NYSE:STLA) Q1 2024 Earnings Call Transcript
Insider Monkey via Yahoo Finance· 1 day agoStellantis N.V. (NYSE:STLA) Q1 2024 Earnings Call Transcript April 30, 2024 Stellantis N.V. isn’t...
Europe’s automakers off to a weak start for 2024, EV sales a problem for some
Market Watch· 2 days agoMercedes reported a 25% drop in first-quarter net profit to €3.025 billion ($3.25 billion), with...
Stellantis Stock Still Stands to Stump the Skeptics
InvestorPlace· 2 days agoStellantis (NYSE:STLA) has been a victorious underdog. Since the deal close, shares in this Dutch-domiciled entity, whose main vehicle brands in the U.S....