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.

Thursday afternoon, RBC analyst Tom Narayan downgraded shares of Stellantis to Hold from Buy. His price target went to $14.30 a share from $18.70.

Stellantis Disaster Shows Why Auto Stocks Don't Get High Valuation Multiples

Stellantis (STLA) shares tumbled Thursday after the Chrysler and Jeep parent reported a significant drop in U.S. sales, prompting concerns that the company could rein in its generous payout to investors through dividends and buybacks.

Watch These Stellantis Price Levels as Stock Slumps on Weak US Auto Sales

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Law Firm, a global investor rights law firm, reminds purchasers of securities of Stellantis N.V. (NYSE: STLA) between February 15, 2024 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 15, 2024 lead plaintiff deadline.

ROSEN, LEADING INVESTOR COUNSEL, Encourages Stellantis N.V. Investors to Secure Counsel Before Important October 15 Deadline in Securities Class Action – STLA

Stellantis (STLA) shares fell Thursday after the automaker's U.S. unit reported a big drop in sales as all but one of its brands declined. The stock was also downgraded by Barclays.

Jeep Parent Stellantis Posts Big Drop in US Sales, Gets Downgrade From Barclays

AMSTERDAM, October 3, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that its Third and last Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024 has been completed.

Completion of the Third and last Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (September 27- October 2 2024)

LOS ANGELES, CA / ACCESSWIRE / October 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Stellantis N.V. ("Stellantis" or "the Company") (NYSE:STLA) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders Are Invited To Join The Schall Law Firm In A Case Against Stellantis N.V. For Violating Securities Laws

After a recored 2023, the Chrysler and Jeep parent has become a mess.

Stellantis Stock Drops After Another Downgrade. Why Wall Street Is Worried.

Rumours of a merger between Stellantis and Renault are "pure speculation," said Stellantis CEO Carlos Tavares on Thursday as he visited one of the French-Italian automaker's hubs in eastern France.

Rumours of Stellantis-Renault merger are 'pure speculation', says Stellantis CEO

Stellantis shares fell further on Thursday amid concerns over the sustainability of the automaker's dividend following a profit warning earlier this week.

Stellantis shares drop to over 2-year low as investors question dividend

The Italian automotive industry group FIM-CISL has reported that Stellantis is expected to reduce its vehicle production in Italy to below 500,000 units this year, down from 751,000 units in 2023. This reduction is primarily due to continued weak market demand, especially in the electric vehicle segment.

Stellantis Faces Production Challenges in Italy Amid Weak Electric Vehicle Demand

Stellantis is fighting a battle of multiple fronts and the stock price reflects that. There is, however, a possibility that the worst is already priced in.

Stellantis stock can only go up after US sales decline: here's why

NEW YORK, NY / ACCESSWIRE / October 2, 2024 / If you suffered a loss on your Stellantis N.V. (NYSE:STLA) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/stellantis-lawsuit-submission-form?prid=106729&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds Stellantis N.V. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 15, 2024 - STLA

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Stellantis N.V. (NYSE: STLA).

The Gross Law Firm Reminds Stellantis Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 15, 2024 – STLA

AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ -- Stellantis hosts 25th annual supplier diversity MatchMaker event Event connects more than 325 diverse business owners with more than 225 Tier 1 supplier decision-makers and Stellantis purchasing, supply chain and supplier quality representatives across commodity areas Annual tradeshow and networking event has generated more than $4 billion in new business opportunities  Company has purchased more than $100 billion from diverse-owned suppliers since 1983  Head of North America supplier diversity honored for leadership in advancing diversity, equity and inclusion  Supplier Diversity Program recognized by Canadian Aboriginal and Minority Supplier Council and Great Lakes Women's Business Council A quarter century and still going strong, Stellantis today hosted its 25th annual supplier diversity MatchMaker program, demonstrating the company's long-standing commitment to building a diverse supply base and growing wealth for diverse business owners and communities.

Celebrating Silver: MatchMaker Marks 25 Years of Building Diverse Suppliers and Communities

Analysts have indicated that European automakers are likely to be the most affected by the port workers' strike along the U.S. East Coast and Gulf of Mexico. These automakers heavily rely on these ports, and a prolonged strike could disrupt the entire industry.

Impact of U.S. Port Workers' Strike on European Automakers

AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ -- Obstacles on the job site or the trail are no match for this beastly full-size concept.

Mopar at SEMA 2024 - Chapter 1: Workhorse and Warrior

All the six Stellantis factories in Italy saw output decline in the first nine months of the year.

Stellantis' Italian output to drop under 500,000 units this year, union says

AUBURN HILLS, Mich., Oct. 2, 2024 /PRNewswire/ --   Third-quarter 2024 total U.S. sales decreased 20% year over year Company's total share grows in consecutive months during Q3, from 7.2% in July to 8% in September During the company's third quarter, inventory was reduced by 50K units (-11.6%) Incentive offerings to continue through the end of the year across the U.S. brand portfolio, including Chrysler, Dodge, FIAT, Jeep® and Ram Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Dodge Hornet R/T and Chrysler Pacifica Hybrid take four of top-five spots for best-selling hybrids in the U.S. (source: S&P Global Mobility U.S. State Registrations database through July 31, 2024) FCA US LLC reports total sales of 305,294 vehicles in the third quarter of 2024.

FCA Reports Q3 2024 Total U.S. Sales

Stellantis reported U.S. sales Tuesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023. The automaker was expected to be the worst sales performer of major automakers during the third quarter.

Stellantis U.S. auto sales extend freefall in third quarter

NEW YORK, NY / ACCESSWIRE / October 2, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Stellantis N.V. ("Stellantis" or "the Company") (NYSE:STLA) and certain of its officers.

STLA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Stellantis N.V. Stockholders with Losses Have Opportunity to Lead Class Action Lawsuit!

Stellantis will reduce bloated inventory a quarter earlier than planned, resulting in a big hit to Q4 results. UAW is threatening a strike, accusing the company of failing to live up to contract agreements. The Board undertakes a search for a new CEO ahead of Carlos Tavares's contract expiration.

Bad News Keeps Piling Up For Stellantis, Meaning Shares Have Nowhere To Go But Up

The National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and away from buildings or other vehicles until they get recall repairs completed.

Jeep owners should park outside pending recall fix, US agency says

Facing growing challenges, STLA lowers its earnings outlook, joining European auto giants like VWAGY, BMWYY and MBGAF in cutting profit forecasts.

Stellantis Joins Europe's Auto Giants in Sounding Profit Alarms

Stellantis NV‘s STLA struggles in the European electric vehicle (EV) market have weighed heavily on its share price.

Stellantis Extends Fiat 500e Production Halt As Stock Struggles: Is A Rebound In Sight?

Automotive giant Stellantis, the name behind iconic brands like Jeep, Ram Trucks, Opel, Fiat, Chrysler, Peugeot, and Citroën, sent shockwaves through the market yesterday with a stark profit warning.

News for Stellantis N.V. Stock (STLA)