The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.

Disaster Strikes at Stellantis! In a shocking revelation, Stellantis has reported a catastrophic 20% drop in shipments for the third quarter of 2024, sending shockwaves through the automotive industry.

Stellantis N.V. (NYSE:STLA) shares are trading slightly lower on Wednesday. The auto behemoth reported total U.S. sales of 305,294 vehicles in the third quarter of 2024, down 20% year over year. “At the beginning of Q3,

The company announced today that CEO Carlos Tavares will retire at the end of his contract in 2026, and a host of other executives are being around being shuffled around immediately. The changes come as Stellantis struggles to manage its US auto business,

ROME, OCT 12 - Deputy Premier and Transport Minister Matteo Salvini said Saturday that Stellantis CEO Carlos Tavares should be ashamed for saying car production in Italy was too expensive unless the government delivered fresh incentives for the sector.

Italian company whose brands include Chrysler, Citroen, Fiat and Jeep is going through a rough patch, in particular with sales in North America, its cash cow.