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Jefferies slashed its price target on Stellantis (BIT:STLAM) (NYSE:STLA) shares to €11 ($12.70) from €11.50 ($13.20), citing slower-than-expected progress on the company’s turnaround plans.
Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram, said tariffs and higher costs led to big losses in the first ...
Stellantis ( NYSE: STLA) shares snapped six straight days of losses as the stock closed 0.86% higher, at $8.81 on Tuesday. The automotive manufacturing company lost more than 9% in the last six ...
Stellantis’ updated financial guidance was based on an assumption that current tariff and trade rules will remain in place.
Stellantis Chief Financial Officer Doug Ostermann will take an additional role in the group as head of Stellantis Financial ...
Stellantis stock remains under pressure with declining margins and uncertain turnaround prospects. Click here to read an ...
Scott Krugger has been appointed to the newly created position of head of North America Design for Stellantis, the automaker ...
Automaker warns of massive hits to earnings from President Trump's tariffs, as it take steps to build more vehicles in U.S.
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Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year, five times the hit taken in the ...
Stellantis NV sees tariffs setting back earnings by about €1.5 billion ($1.7 billion) this year as higher duties hit the Jeep ...
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Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a $2.68 billion net loss in the first ...
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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