Stellantis earnings nearly halved, leading car industry slump

📆 25/07/2024 08:25:00
📰 BNNBloomberg

⏱ Reading Time:
30 sec. here
24 min. at publisher
📊 Quality Score:
News: 92%
Publisher: 50%

Alternative Energy Notícia

Asia,Pacific Rim,Business

Stellantis NV’s earnings plummeted in the first six months of the year, adding to an increasingly bleak outlook for the car industry following a massive drop in sales in the U.S. and Europe for the manufacturer.

The Stellantis NV manufacturing plant in Kragujevac, Serbia. Photographer: Oliver Bunic/Bloomberg --

With shipments in North America falling 18 per cent, Stellantis has decided to bring back some models it had pulled from the U.S. market, including the Dodge Charger, to win some clients back, Chief Financial Officer Natalie Knight said on a call with reporters. Among the problems was Stellantis’ Maserati brand, with shipments dropping by more than half to 6,500 units in the first six months of the year. Knight suggested the company may reconsider what would be “the best home” for the brand, even though for now the group remains focused on driving improvements there.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stellantis' head of software business, Mamatha Chamarthi, leaves in another senior executive departurepThe automaker said Cristiani Campos has been promoted to lead its software business and "bring it to the next level."/p
Fonte: AutoNewsCanada - 🏆 77. / 51 Consulte Mais informação »

Archer Aviation stock soars on $55M Stellantis investmentShares of Archer Aviation (ACHR) are soaring on the news that Stellantis (STLA) is investing $55 million more into the electric aviation company. Josh Lipton...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »