Aug 1, 2006 · Stellantis news and rumors (except items with no application to Mopars)

Oct 4, 2024 · In 2023, Stellantis Europe had Outbound vehicle delivery issue within Europe and STLA stock price was still healthy. In 2024, Stellantis US has finished vehicle inventory issue in US and STLA stock got the beating. STLA stockholders know which region is the golden goose.

Sep 30, 2024 · Stellantis is going to offer enormous incentives to reduce inventories, so expect 5k for Compass, 7 to 10k for GC, Wranglers, Pacifica while more than 10k for Wagoneers. Save Share

Oct 31, 2024 · Despite a €3 billion stock buyback program and investments in Leapmotor, Stellantis was quite profitable in the third quarter of 2024. Large incentives cleared out 80,000 vehicles from dealer inventories in the United States, 80% of the goal of dropping by 100,000. North America was the second largest generator of net revenues, coming in ...

Dec 19, 2024 · That was a shock: Tavares was "once hailed as the very best manager the legacy car industry had to offer." Stellantis posted "record annual results" for 2023, but in September Tavares "shocked the market" this fall by revealing Stellantis' plans to "liquidate a bloated U.S. inventory of vehicles at bargain-basement prices."

Dec 21, 2024 · The change in plans comes weeks after Carlos Tavares resigned as CEO of Stellantis. “As Stellantis continues to reassess its strategy in North America, the company has decided to extend the WARN notice that was issued in November for the Toledo South Assembly Plant,” the automaker said in a statement.

Dec 16, 2024 · Stellantis — the country’s sole major automaker — may pledge to expand output and protect jobs in return for improved manufacturing conditions and government support for the industry’s electric transition, easing tensions with Rome.

Dec 9, 2024 · Stellantis North America COO Antonio Filosa has been cultivating relationships with dealers and meeting with retailers around the country. The dealer council and Stellantis’ U.S. retail team began holding weekly calls in recent months …

Dec 28, 2024 · The US division of Stellantis settled with CARB back in 2022 for similar issues regarding gas engines. In 2022, FCA pleaded guilty to federal charges of criminal conduct regarding emissions tampering and agreed to pay fines and penalties totaling $300 million.

Dec 2, 2024 · Stellantis has chosen its leadership team for the period between Carlos Tavares’ departure yesterday and the arrival of a possibly-new chief executive in around three to seven months. The Interim Executive Committee (IEC), chaired by major stockholder and board chair John Elkann, will include: Xavier Chéreau, HR leader and apparently the new ...