The threat of import tariffs has raised alarm bells in Europe, as vehicles and machinery are the European Union’s biggest ...
CEO Carlos Tavares, the company aggressively sought savings. In North America, layoffs and buyouts have been relentless in ...
Luke Ramseth, Stellantis NV employs about 50,000 fewer people worldwide than it did just over four years ago when the ...
European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his ...
Stellantis (STLA) took a hit today after financial firm S&P Global (SPGI) downgraded the automaker’s credit rating from BBB+ ...
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to ...
Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to "BBB" from "BBB+", citing weak margin ...
The North America purchasing chief of Stellantis said Feb. 27 at an industry town hall that the automaker will consider ...
Adding to the chaos in Stellantis' ranks, after less than a year North America chief Carlos Zarlenga also gets the boot.
S&P now expects Stellantis's margin growth in 2025 to fall short of prior projections, and downgraded its credit rating to BBB from BBB+.