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Stellantis sees Q1 sales slump, suspends guidance on uncertain auto tariffs
Stellantis NV posted weaker sales on slumping demand in North America while suspending its financial guidance for the year on uncertainty tied to President Donald Trump’s auto tariffs. Revenue fell 14% to $40.7 billion in the first quarter from a year earlier, the automaker said Wednesday.
The European carmaker is still looking for a new head after Carlos Tavares resigned in December, following a year of slumping sales. Investors rewarded the former CEO with a controversial pay package ...
Stellantis shareholders approved a dividend payment Tuesday, but the company is pausing stock buybacks in the face of ongoing ...
Big Three automaker Stellantis (STLA) reported a weakening sales picture in the first quarter and followed rival GM in ...
Stellantis is preparing to approve the first quarter 2025 financial results on April 30, while continuing the search for a ...
The automaker said it had temporarily halted European vehicle imports to the United States. Its revenue and shipments fell ...
Former Stellantis CEO Carlos Tavares launched the company’s DARE 2030 strategy in 2022, which focused on delivering double-digit operating margins and making the firm the most profitable ...
Poor results led to the ousting of CEO Carlos Tavares in December. A new CEO is due to be announced by the end of June, Stellantis confirmed on Wednesday. The suspended 2025 forecasts were based ...
Stellantis NV Chairman John Elkann warned Tuesday that the American and European car markets are "being put at risk" by tariffs and stringent emissions regulations just as China rapidly pulls ahead.
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