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Stellantis sees things go from bad to worse

found 31 Oct Quartz

qz.com › stellantis-jeep-ram-sales-fall-dealer-high-inventory-1851686079

This story seems to be about:

Stellantis (STLA), the company behind brands including Jeep and Chrysler, on Thursday reported a major revenue decline as it moves to slash inventories and boost flagging sales.

Stellantis may make a best-selling Ram pickup in Mexico, report says

found 16 Oct Quartz

qz.com › stellantis-ram-1500-mexico-michigan-uaw-labor-costs-1851673614

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Stellantis (STLA) may be moving production of the Ram 1500 pickup truck to Mexico to lower costs — at the risk of further alienating union autoworkers.

Stellantis will look at selling some of its struggling brands in '2 to 3 years,' CEO says

found 15 Oct Quartz

qz.com › stellantis-brand-poor-sales-maserati-chrysler-tavares-1851672557

This story seems to be about:

Stellantis (STLA)’ extensive portfolio of brands, from Maserati to Chrysler, is safe from the chopping block until at least 2026, according to CEO Carlos Tavares.

Stellantis says its CEO will retire. But the stock is still falling

found 11 Oct Quartz

qz.com › stellantis-ceo-carlos-tavares-retirement-stock-1851670448

This story seems to be about:

Stellantis (STLA) on Thursday announced that CEO Carlos Tavares will not stay on with the automaker after his contract expires, amid a host of other management changes, sending the stock down.

Stellantis cost-cutting could hit the top ranks next

found 10 Oct Quartz

qz.com › stellantis-layoffs-carlos-tavares-management-sales-1851669488

This story seems to be about:

Stellantis (STLA) CEO Carlos Tavares is reportedly looking to extend his company’s cost-cutting plans to hit top-level management, from regional heads to brand executives, as its rough year continues.

Stellantis is suing the UAW over a strike vote

found 4 Oct Quartz

qz.com › stellantis-uaw-united-auto-workers-strike-authorization-1851665775

This story seems to be about:

Stellantis (STLA) filed a lawsuit against the United Auto Workers (UAW) union after unionized workers at the company’s parts distribution center in Los Angeles voted to strike against the automaker.

Stellantis gets worse, Tesla's Cybertruck win, Nissan's deep trouble, and EV myths: Autos news roundup

found 4 Oct Quartz

qz.com › stellantis-sales-tesla-cybertruck-recall-nissan-evs-1851664358

This story seems to be about:

The automaker behind brands including Jeep (STLA), Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s so-called “disaster” in North America.

Stellantis' U.S. sales plunge as CEO Tavares tries to fix his 'arrogant' mistakes amid a 'disaster'

found 2 Oct Quartz

qz.com › stellantis-q3-sales-tavares-criticism-jeep-fiat-uaw-1851663208

This story seems to be about:

On Wednesday, Stellantis (STLA) reported another quarter of plunging sales as the company behind brands such as Jeep and Chrysler attempts to fix its so-called “disaster.”