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 taken away.
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.
Crain's Detroit2d
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 lose nearly 2 points of market share while inventory piled up at dealerships. Tavares had reassigned Kommor to a commercial sales role in February 2024.
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.
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
cbtnews2d
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 in the U.S.
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 turmoil, where size is a survival necessity.
cbtnews6d
Stellantis successfully cuts U.S. inventory by over 100,000 vehicles
Stellantis successfully lowered its U.S. inventory by over 100,000 units by the end of 2024 to balance inventory levels across dealerships.
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 vehicles.
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 floors. He had been CEO of the Dodge brand and then also the Ram brand for his final year, when there may have been a few too many disagreements with his boss, Stellantis CEO Carlos Tavares.
Stellantis to give $1 million for Trump inauguration, joining other top automakers
The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.
Citi Sticks to Its Hold Rating for Stellantis (STLA)
In a report released today, Harald Hendrikse from Citi maintained a Hold rating on Stellantis (STLA – Research Report), with a price target of