Stellantis U.S. Price Cuts Show Signs Of Working

Stellantis U.S. Price Cuts Show Signs Of Working​

Automaker's Strategy Shift Helps Clear Inventory Backlog​

Last week, Stellantis reported a sharp 70% drop in profits for 2024. The company’s earnings fell to €5.5 billion ($5.7 billion), with sales revenue down 17%. Much of this decline is attributed to falling demand in the U.S. market, where higher vehicle prices pushed potential buyers away.

Stellantis U.S. Price Cuts Show Signs Of Working

Last week, Stellantis reported a sharp 70% drop in profits for 2024. The company’s earnings fell to €5.5 billion ($5.7 billion), with sales revenue down 17%. Much of this decline is attributed to falling demand in the U.S. market, where higher vehicle prices pushed potential buyers away.

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