Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

France Info

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The automotive group Stellantis, the parent company of manufacturers Peugeot, Fiat and Chrysler, unveiled its latest results for the 3rd quarter of 2024 on Thursday, October 31. They are diving. What are the reasons for this? Should we be worried about historic factories, such as the one in Sochaux (Doubs).

Spiegel

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Sales at the struggling car manufacturer Stellantis fell by 27 percent in the third quarter. The head of the group's Opel brand is also dampening hopes of building affordable electric cars in Germany.

Fortune

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Stellantis CFO: 'Performance is below our potential' in North America as sales collapse 42%

The car maker which owns Peugeot, Fiat and Chrysler, said that its sales fell 27 percent.

MarketWatch

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Stellantis posts 27% drop in sales on lower shipments to U.S. and Europe

Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North America

U.S. News

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Stellantis Q3 Revenues Down 27% as Company Sees Progress on Inventories

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

Financial Times

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Stellantis hit by sales slide in US and Europe

Carmaker behind Fiat, Jeep and Peugeot brands suffers 27% drop in third-quarter revenues