Stellantis Shares Stabilize During Tavares Demise Aftershocks. “For a while Tavares looked as though he could do no wrong” Stellantis shares steadied as investors tried to make sense of legendary CEO Carlos Tavares’s sudden demise. Some critics said Tavares downfall resulted from the company’s problems in the U.S., but others suggested his overall record wasn’t […]
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Stellantis Downgraded As Stock Price Weakness Continues
Stellantis Downgraded As Stock Price Weakness Continues. “we see potential for a meaningful recovery of margins in 2025” Troubled multi-brand Stellantis, undermined by U.S. inventory problems, a management shakeup, and a profit warning, was downgraded again Wednesday by a credit rating agency, and its shares have now fallen more than 50% since March. Stellantis, an […]
Stellantis Strong Finances Power Share Price Advances
Stellantis Strong Finances Power Share Price Advances. You can’t get much more ardent than “Stellantis: A New Toyota?” Investors in multi-car brand giant Stellantis are riding the crest of a wave as the share price hits new highs and profit margins remain more Porsche-like than Volkswagen. Stellantis’s 2023 profit margin fell a bit to 12.8% from 13.4% […]
Stellantis Leapmotor Deal Seeks EV Traction
Stellantis Leapmotor Deal Seeks EV Traction. “Cant’ Beat Them? Join Them!” Stellantis’s deal with Leapmotor of China was welcomed by some analysts as vital in its bid to survive, or even thrive, as the electric car revolution gains pace, although some considered it a bit risky. Stellantis, with its huge collection of mass market brands […]
Stellantis Edges Ahead Of VW In Europe Thanks To Chips
Stellantis Edges Ahead Of VW In Europe Thanks To Chips. “The latest data makes it increasingly likely that sales in Western Europe will not eclipse the anaemic 2020 result” Stellantis, the auto giant created by the merger of Peugeot and Fiat Chrysler, toppled long-time leader Volkswagen from the top of Western Europe’s sales league in […]
Stellantis Makes First Appearance In Sales Charts, Breathing Down VW’s Neck
Stellantis Makes First Appearance In Sales Charts, Breathing Down VW’s Neck. Worst performer of the month was Mitsubishi with sales off 64.5% The newly created Stellantis conglomerate made its first appearance in European sales data in January, coming in with a Western Europe market share of 22.2%, just behind perennial market leader Volkswagen’s 24.4%, according […]
