Stellantis N.V. 

Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. It operates through the following segments: North America, South America, Enlarged Europe, Middle East and Africa, and China, India and Asia Pacific. The company is headquartered in Hoofddorp, the Netherlands.

Earnings data Q3 2024

Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. The company was founded on April 01, 2014 and is headquartered in Hoofddorp, the Netherlands.

Stellantis CEO Carlos Tavares received 36.5 million euros ($39.5 million) in total compensation in 2023, the Italian-American automaker said on Thursday.

Stellantis CEO received 36.5 million euros in 2023 in total compensation

Stellantis said on Thursday it will launch production of medium-sized electric vans in 2025 at its Luton plant in England, providing some long-term certainty for a factory that has been producing vans for 92 years.

Stellantis to start electric van production at UK Luton plant in 2025

Deere & Company

We also chat with Drew University professor Chris Andrews about changing self-checkout strategies.

The Investor Angle on Retail Spending, Stellantis, and Deere

AUBURN HILLS, Mich., Feb. 21, 2024 /PRNewswire/ -- 2024 Fiat 500e North America production begins at the Mirafiori Assembly Plant in Turin, Italy  First allocation of all-electric Fiat 500e vehicles quickly sold out  Affordable BEV with MSRP of $32,500 and lease incentives of $7,500 plus local incentives  Includes a Level 2 charging wall unit or charge credits through Free2move Charge  A key part of the company's Dare Forward 2030 strategic plan, the 500e is FIAT's most awarded vehicle, globally  The first all-electric Fiat 500e vehicles destined for the United States rolled off the line this week at the Mirafiori Assembly Plant in Turin, Italy.

Fiat 500e: First Stellantis BEV for US Rolls Off the Line

Major US and European auto manufacturers are feeling the pressure from Chinese competitors to cut electric vehicle (EV) costs to match those of fossil-fuel models. Lower-cost Chinese EVs have intensified competition, prompting European automakers to develop more affordable models.

Stellantis CEO stays bullish on EV outlook even as rivals reverse course

Stellantis could build electric vehicles based on technology from Chinese affiliate Leapmotor in Europe, North America or other markets where it needs competitively-priced models to compete with Chinese EV makers, Chief Executive Carlos Tavares said on Tuesday.

Stellantis could build Leapmotor EVs in Europe, North America

Uber

Stock buybacks are one of the many actions companies use to attract investors and raise their share price. A board of directors typically approves when a company repurchases its shares in the stock market, decreasing the overall number of outstanding shares.

3 Stocks Jumping Aboard the Stock Buyback Bandwagon

Amazon

Oracle

Michael Burry is an investing legend and one of Wall Street's biggest bears. The investor is best known for betting against the U.S. housing market during the subprime mortgage meltdown that led to the 2008/09 financial crisis, an event chronicled in the book and film “The Big Short.

What Would Michael Burry Do? 3 Stocks the ‘Big Short' Investor Bought and Sold in Q4

Record year for the company with net revenues, net profit, and free cash flow all reaching new highs. Introduction of a profitable B-hatchback BEV in the European market at competitive prices.

Stellantis: The Turnaround Of A Cinderella Now An Investors' Darling

Stellantis is considering building up to 150,000 low-cost electric vehicles (EVs) in Italy, in its Mirafiori complex in Turin, as part of its agreements with Chinese automaker Leapmotor , Automotive News Europe said on Monday.

Stellantis considering building Leapmotor EVs in Italy, report says

Stellantis, the parent company of Chrysler, Dodge, Ram, and Jeep, skipped the Chicago Auto Show this year due to financial belt-tightening. The automaker has been demonstrating financial discipline and operational skill, leading to a doubling of its share price in the past 18 months. Stellantis plans to invest 50 billion Euros over the next decade to develop new battery-electric vehicle models, but its approach will depend on consumer demand and resolving roadblocks like insufficient charging infrastructure.

Stellantis Tightening Its Belt On Cash For More Generous Dividends, Buybacks And EVs

The Italian government buying a stake in Fiat-parent Stellantis is not on the cards, but could be if the automaker requested it, industry minister Adolfo Urso said on Friday.

Italy stake in Stellantis not on agenda for now, minister says

Alibaba

Booking Hlds

Citigroup

Crescent Energy

Euronav

HCA Healthcare

Hudson Pacific Properties

JD.com

Nexstar Media Group

Michael Burry, the infamous investor known for being one of the first to bet against the housing market ahead of the 2008 financial crisis, made some big moves in Q4 2023. Indeed, Burry made hundreds of millions for his firm, Scion Asset Management, as subprime mortgage bonds started failing in the mid-2000s.

11 Stocks Michael Burry Was Buying and Selling in Q4

Stellantis N.V. (STLA) Q4 2023 Earnings Call Transcript

Stellantis NV (NYSE:STLA, EPA:STLA), the owner of brands like Fiat, Citreon and Jeep, saw shares rise 5.7% after it reported record net revenues, upped the annual dividend and pledged a new round of buybacks. Net revenues came in at €189.5 billion in 2023, marking a 6% growth from the previous year, while net profit increased by 11% to total €18.6 billion.

Stellantis rallies on record sales as shareholder returns increase

Stellantis and Renault chief executives have both played down recent press speculation about a possible tie-up between the two carmakers.

Stellantis, Renault heads play down merger speculation

Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models, industry executives said on Thursday.

Stellantis, Renault race to cut costs to make EVs more affordable

Shell PLC

Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3 billion share buyback.

Shares of automakers jump on buyback and dividend boost

Stellantis Announces Board Composition Change AMSTERDAM, February 15, 2024 – Stellantis N.V. announced today that the Company's Board of Directors intends to propose the appointment of Claudia Parzani as an independent non-executive director of Stellantis at the next Annual General Meeting of Shareholders (“AGM”) in 2024.

Stellantis Announces Board Composition Change

Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the "Detroit Three" automakers hampered production.

Jeep, Dodge-maker Stellantis' profit slides as Detroit Three strikes bite

Shares in Renault hit two-month highs and rival Stellantis shot to record highs on Thursday after the carmakers pledged to reward investors with a big jump in annual dividend and a share buyback worth billions of euros.

Renault, Stellantis shares rally as investors cheer cash haul

Alphabet

NVIDIA

Given his generally bearish attitude and ability to see movements few others can, most dramatically demonstrated with ‘The Big Short' in the context of the 2008 crash, new 13-F filings by Michael Burry and Scion Asset Management are always exciting to see.

Here's Michael Burry's updated portfolio

Stellantis Approves Share Buyback Program AMSTERDAM, February 15, 2024 – The Stellantis Board of Directors approved a share buyback program of up to €3 billion (total purchase price excluding ancillary costs) to be executed on the market. The Company intends to cancel the common shares acquired through the share buyback program apart from a portion of up to €0.5 billion, which may be used to service share-based compensation and employee stock purchase plans.

Stellantis Approves Share Buyback Program

Variable pay and profit-sharing* packages reflect 2023 global financial results and performance of each country in their respective demanding and competitive contexts

Stellantis Employees Rewarded Nearly €1.9 Billion Worldwide for 2023 Performance, Totaling €6 Billion Since Company Creation

Stellantis said it would launch a buyback of €3 billion after it posted an adjusted operating income slightly ahead of views for 2023, and added demand would be high but named pricing, labor costs, and an unpredictable EV market as headwinds for the year ahead.

News for Stellantis N.V. Stock (STLA)