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Stellantis reports 20% drop in global vehicle shipments
Stellantis Reports Shipments Down 20%, With 36% Drop in North America
Key Takeaways Stellantis said Wednesday that worldwide shipments of its vehicles fell by 20% in the third quarter, with a 36% drop in North America.The lower shipments can be partly be attributed to previously announced production cuts and efforts by car dealers to lower their inventories.
Stellantis’ third quarter shipments drop 20% on slower sales in North America
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024
Stellantis reports 20% drop in shipments, recalls hybrid SUVs over brake issue
Stellantis anticipates a 20% decline in consolidated vehicle shipments for the Q3 of 2024, citing a need to reduce excess inventory.
Stellantis reports 20% drop in global vehicle shipments as automaker faces scrutiny
Stellantis gave an early look at its third-quarter shipments. North America, Europe and Asia were down but at least South America was up.
Stellantis Shipment Drop By 20%, But It’s Finally Tackling Inventory Headache
Stellantis has revealed third quarter shipments are expected to drop by approximately 20%. The biggest declines were seen in North America, where the
Stellantis Shipments Drop 20% as CEO Works to Trim Inventories
Stellantis NV’s global vehicle shipments slumped by a fifth in the third quarter as the automaker tries to trim its bloated inventories.
CNN
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Stellantis CEO to retire in 2026 as automaker struggles in North America
Stellantis
appointed Doug Ostermann, the former chief operating officer of its China division, as its finance chief, ...
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Stellantis dealers 'cautiously optimistic' about turnaround plans after meeting
It's a stark shift in tone compared to a month ago, when the Dodge, Chrysler, Jeep and Ram dealers sent a scathing open ...
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Stellantis recalls 44,500 hybrid SUVs worldwide over brake pedal defect
Carmaker Stellantis said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in the ...
9h
Stellantis May Start Building Ram 1500 Trucks In Mexico
Stellantis only said that production of the Ram 1500 truck will continue in Sterling Heights, leaving the door open to moving ...
7d
Stellantis overhauls leadership, including new North American and European chiefs
The automaker's board confirmed new leaders for North America and Europe, as well as a new chief financial officer. The CEO ...
1d
Stellantis expects Q3 shipments to fall by a fifth in effort to cut inventories
Stellantis expects a 20% drop in third-quarter consolidated vehicle shipments, the carmaker said on Wednesday amid a ...
3d
on MSN
Stellantis CEO says carmaker is on pace to fix sales problems after poor performance this year
Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos ...
6d
on MSN
Jeep boss to lead North American region for Stellantis; CFO leaving company in shakeup
Stellantis is struggling with down sales and fights with the UAW and its dealers. The automaker is moving several key ...
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