Profile
Sector:
Consumer CyclicalIndustry:
Auto ManufacturersCountry:
NetherlandsIPO:
09 June 2010Website:
http://www.stellantis.comNext earnings report:
N/ALast dividends:
22 April 2024Next dividends:
N/APrice
regular market | 1 min agoAnalysts recommendations
Institutional Ownership
STLA Latest News
Stellantis N.V.'s Q3 sales show increasing weakness in North America as the company's brand performance in the US has declined, causing temporary dealer inventory management efforts. The other markets' weaknesses are less notable, as sales throughout Europe have been weak and as the Asian & African markets represent a minimal part of Stellantis. Given EU's Chinese EV tariff that should aid Stellantis, and Stellantis' still good brand portfolio in especially Europe, STLA stock is now priced for too conservative a future.
Stellantis has had a rough year with falling sales, revenues and profitability characterising the latest Q3 results. Poor management of their U.S. brands resulted in a mismatch between the consumer demand and production mixes with an excessive number of high-end cars being produced. Underlying business economics are superb at Stellantis with the firm being the only legacy automaker with a real net-cash position.
Republican presidential candidate Donald Trump said on Friday that if he is elected he would put a 100% tariff on Stellantis if the automaker tried moving jobs from the U.S. to Mexico.
AUBURN HILLS, Mich. , Nov. 1, 2024 /PRNewswire/ -- Participants from the Battery Workforce Challenge collegiate competition, a public-private partnership between the U.S. Department of Energy (DOE), Stellantis, and Argonne National Laboratory, gathered today to hand over the keys for 12 new 2024 Ram ProMaster electric vans.
Stellantis N.V. (NYSE:STLA ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Ed Ditmire - Head of Investor Relations Doug Ostermann - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs Jose Asumendi - JPMorgan Thomas Besson - Kepler Cheuvreux Patrick Hummel - UBS Bruno Dossena - Wolfe Research Philippe Houchois - Jefferies Stephen Reitman - Bernstein Michael Jacks - Bank of America Operator Ladies and gentlemen, welcome to the Stellantis Third Quarter 2024 Shipments and Revenues Call.
Stellantis (STLA) on Thursday reported a 27% plunge in third-quarter revenue but also noted progress in running down the excess inventory buildup in the U.S. that has plagued the Big Three automaker.
Vauxhall owner Stellantis NV (NYSE:STLA, EPA:STLA) underlined the problems facing the European motor industry with a 27% slide in third-quarter revenues. Amsterdam-based Stellantis, which also owns Peugeot, Fiat and Jeep, reported sales declines in the US and Europe but added it was on track to meet its recently reduced margin guidance as the US had started to pick up.
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North America
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.
Automaker Stellantis said on Thursday its revenues fell by 27% year-on-year to 33 billion euros in the third quarter, as the company reported progress on reducing its inventories.
What type of business is Stellantis NV?
Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services. The company offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS, Dodge, Fiat, Jeep, Maserati, Ram, Opel, Lancia, Vauxhall, Peugeot, and Comau brand names through distributors and dealers. Stellantis N.V. was founded in 1899 and is based in Hoofddorp, the Netherlands.
What sector is Stellantis NV in?
Stellantis NV is in the Consumer Cyclical sector
What industry is Stellantis NV in?
Stellantis NV is in the Auto Manufacturers industry
What country is Stellantis NV from?
Stellantis NV is headquartered in Netherlands
When did Stellantis NV go public?
Stellantis NV initial public offering (IPO) was on 09 June 2010
What is Stellantis NV website?
https://www.stellantis.com
Is Stellantis NV in the S&P 500?
No, Stellantis NV is not included in the S&P 500 index
Is Stellantis NV in the NASDAQ 100?
No, Stellantis NV is not included in the NASDAQ 100 index
Is Stellantis NV in the Dow Jones?
No, Stellantis NV is not included in the Dow Jones index
When was Stellantis NV the previous earnings report?
No data
When does Stellantis NV earnings report?
Next earnings report date is not announced yet