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Stellantis Projects 9% Shipment Decline For Q4
Jeep Parent Stellantis Sees Shipments Sink as the Carmaker Clears US Inventories
Key Takeaways Stellantis' fourth-quarter shipments slumped as the carmaker reduced the number of vehicles it had in its U.S. inventory.Shipments declined an estimated 28% year-over-year in North America as Stellantis cut U.
Stellantis Projects 9% Shipment Decline For Q4 Amid US Inventory Cuts
Stellantis N.V. (NYSE:STLA) disclosed that it expects global total shipments to decline 9% year-over-year to around 1.395 million units for the fourth quarter of 2024. The decrease aligned with a ~5% drop in underlying sales performance.
Stellantis sees 9% drop in Q4 vehicle deliveries, reduces U.S. inventory
Stellantis (NYSE:STLA), the automaker behind Jeep and Ram, reported a 9% decline in vehicle deliveries in the fourth quarter of 2024. The company has been taking measures to decrease surplus inventory in the U.
Stellantis Car Deliveries Weighed by U.S. Inventory Cuts
Stellantis vehicle deliveries fell 9% in the fourth quarter of 2024 as the Jeep and Ram-maker took action to reduce excess inventory in the U.S.
TopSpeed
7h
Stellantis Going Big On Hybrids For Its Lineup Expansion
Stellantis in Europe is betting on hybrids for the near future, a strategy that's likely to make its way to North America.
Crain's Detroit
1d
Changes afoot at Stellantis after Carlos Tavares’ departure
Filosa also moved Jeff Kommor back to his previous role as U.S. head of sales after a disastrous year that saw Stellantis ...
2d
Stellantis fourth quarter shipments fall 9% y/y
Stellantis' said on Thursday its fourth quarter shipments were down 9% compared to the previous year, to 1.395 million ...
2d
Stellantis quarterly shipments down sharply in North America after factories paused
The automaker said its inventory reduction efforts worked, with an 80,000-vehicle drop in the U.S. over the fourth quarter.
3d
Honda-Nissan Plan, Stellantis Problems May Prompt More Mega-Mergers
The mooted Honda Nissan merger and the fallout from leadership change at Stellantis suggests the auto industry must brace for ...
1d
Stellantis: Strategic Recovery and Growth Opportunities Amid Challenging Market Conditions
In a report released today, Michael Jacks from Bank of America Securities reiterated a Buy rating on Stellantis (STLA – Research Report), with ...
cbtnews
2d
Stellantis reports major decline in global vehicle deliveries amid inventory reset efforts
Stellantis reported its global deliveries fell by 9% to 1.395M vehicles during Q4 2024 amid inventory reduction initiatives ...
DPA International on MSN
2d
Stellantis reports 9% drop in fourth quarter shipments
Auto major Stellantis said Thursday that fourth quarter shipments dropped 9% year-over-year to 1.395 million vehicles. In ...
3d
on MSN
Why Ram Boss Came Back to Stellantis and How It Went Down
Tim Kuniskis retired from Stellantis at the end of May 2024, after 32 years doing everything for the company but mop the ...
3d
on MSN
Stellantis exec says European carmaker was ‘anti-American’ when it messed with customers’ ‘freedom of choice’
Newly installed Ram CEO, Tim Kuniskis, says removing its Hemi-V8 engine made Americans feel like their freedom was being ...
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