stellantis
Multinational carmaker Stellantis on Thursday reported weak profit and net revenues in its first half of 2024, primarily due to a decline in volume and mix. Further, the company reiterated its financial guidance of a double-digit adjusted operating income margin in 2024. In pre-market activity on the New York Stock Exchange, Stellantis shares were losing around 7% to trade at $18.21. Net profit for the period dropped 48% to €5.65 billion ($6.13 billion) from last year's €10.92 billion. Adjusted earnings per share decreased 35%. Adjusted operating income dropped 40% to €8.46 billion, and the ma...
DPA International
Multinational carmaker Stellantis on Thursday reported weak profit and net revenues in its first half of 2024, primarily due to a decline in volume and mix. Further, the company reiterated its financial guidance of a double-digit adjusted operating income margin in 2024. In pre-market activity on the New York Stock Exchange, Stellantis shares were losing around 7% to trade at $18.21. Net profit for the period dropped 48% to €5.65 billion ($6.13 billion) from last year's €10.92 billion. Adjusted earnings per share decreased 35%. Adjusted operating income dropped 40% to €8.46 billion, and the ma...
DPA
Multinational carmaker Stellantis on Thursday reported weak profit and net revenues in its first half of 2024, primarily due to a decline in volume and mix. Further, the company reiterated its financial guidance of a double-digit adjusted operating income margin in 2024. In pre-market activity on the New York Stock Exchange, Stellantis shares were losing around 7% to trade at $18.21. Net profit for the period dropped 48% to €5.65 billion ($6.13 billion) from last year's €10.92 billion. Adjusted earnings per share decreased 35%. Adjusted operating income dropped 40% to €8.46 billion, and the ma...
DPA Breaking News
Remember when trucks didn’t have back seats, or if they did, they were extremely uncomfortable jump seats that still did the trick? Those days have been long gone for some time now as the vehicles have gradually gotten bigger over time. But now, Full-size trucks have gotten big enough to add a third-row option, or at least contemplate it as Ram has done with the recent patent application for third-row jump seats, tucked just behind the second row. The feature was first previewed with the Ram Revolution concept that came to light in 2023. Ram 1500 Third Row Truck Seat Patent: DetailsCarBuzz spo...
Muscle Cars and Trucks
Multinational carmaker Stellantis said the company will offer 30 hybrid models in Europe in the current year and plans to introduce six more through 2026. Stellantis, which has its headquarters in the Netherlands, noted that it achieved a 41% sales increase in EU30 hybrid models year-to-date 2024 versus year-to-date 2023 and expects an increase in customer take rate with the upcoming new launches. Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe, said: "This technology not only enhances the efficiency and performance of traditional combustion engines, it also propels us t...
DPA
Multinational carmaker Stellantis said the company will offer 30 hybrid models in Europe in the current year and plans to introduce six more through 2026. Stellantis, which has its headquarters in the Netherlands, noted that it achieved a 41% sales increase in EU30 hybrid models year-to-date 2024 versus year-to-date 2023 and expects an increase in customer take rate with the upcoming new launches. Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe, said: "This technology not only enhances the efficiency and performance of traditional combustion engines, it also propels us t...
DPA International
Multinational carmaker Stellantis said the company will offer 30 hybrid models in Europe in the current year and plans to introduce six more through 2026. Stellantis, which has its headquarters in the Netherlands, noted that it achieved a 41% sales increase in EU30 hybrid models year-to-date 2024 versus year-to-date 2023 and expects an increase in customer take rate with the upcoming new launches. Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe, said: "This technology not only enhances the efficiency and performance of traditional combustion engines, it also propels us t...
DPA Breaking News
2024年6月20日、Stellantisジャパンは、アルファ ロメオのコンパクトSUV「トナーレ(...
Webモーターマガジン
Multinational carmaker Stellantis confirmed its 2024 financial guidance and capital return plan on Thursday. The company, which has its corporate headquarters in the Netherlands, is still projecting a double-digit adjusted operating income (AOI) margin and positive industrial free cash flows, and to deliver €7.7 billion ($8.3 billion) or more in dividends and buybacks in 2024. For the first-half period, the company continues to project 10%-11% AOI margin, with industrial free cash flows visibly below the prior year period. For the second half period, the company sees the chance to improve its ...
DPA Breaking News
Multinational carmaker Stellantis confirmed its 2024 financial guidance and capital return plan on Thursday. The company, which has its corporate headquarters in the Netherlands, is still projecting a double-digit adjusted operating income (AOI) margin and positive industrial free cash flows, and to deliver €7.7 billion ($8.3 billion) or more in dividends and buybacks in 2024. For the first-half period, the company continues to project 10%-11% AOI margin, with industrial free cash flows visibly below the prior year period. For the second half period, the company sees the chance to improve its ...
DPA
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