The Stellantis voluntary buyout offer comes as the automotive industry deals with potential headwinds. It's not clear how many employees will be allowed to take the deal. Stellantis is offering ...
Profit-sharing amounts at Stellantis are tied to the company's financial performance in North America. Last year, UAW members at Stellantis were potentially in line for checks of $13,860.
Stellantis NV executives say the transatlantic automaker is on the mend after profits fell 70% in 2024. But they were quick Wednesday to temper expectations about how fast a full recovery can be ...
Stellantis, whose CEO Carlos Tavares resigned in December, has been struggling with excess inventories in the U.S., where some dealers have complained of high prices.
Employees of Stellantis NV represented by the United Auto Workers can expect to see profit sharing checks of $3,780, though some could be more and some less based on hours worked, the automaker ...
Stellantis' factories in Germany and Slovakia have also been under consideration, Reuters previously reported. China's embassy said the factory where they plan to invest is in Zaragoza ...
Stellantis guides for 'positive' revenue growth and 'mid-single-digits' AOI margin in 2025. With lower inventories, this is a reassuring outlook. Starting with the negative take, Stellantis missed ...
Stellantis Pro One, a division of Stellantis commercial vehicles, has signed an agreement with IVECO, the brand of Iveco Group, to supply two all-electric light commercial vehicles (LCVs) for the ...
"We have excellent candidates, both internally and externally," Elkann told analysts. Stellantis burnt through more than 6 billion euros ($6.3 billion) in cash last year, while total revenues fell ...
On today's earnings call, Stellantis executive chairman John Elkann was blunt: “2024 is a year we are not proud of.” So says the man who is acting as interim CEO as a search for a new leader ...
A year ago, Big Three automaker Stellantis (STLA) warned of a “turbulent” year ahead. The company probably had no idea how true that would be. Slumping sales, bloated inventory, and a ...
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