Stellantis Q3 Revenue Conference Call with UAW details:9 AM EDT on Oct 31

[AlexB]

Events and Presentations

Information on investor events for Stellantis, including calendar of upcoming events, financial results and analyst presentations

www.stellantis.com

 

[AlexB]

Here we go.

 

[AlexB]

4 RAM EV products by 2025

 

[AlexB]

 

[AlexB]

Strike cost €3 billion in revenue.

 

[AlexB]

Strike cost €750 million of operating profits

New CFO says look at Ford on per vehicle cost amount of the new UAW agreement, but Stellantis start off with better margins than the other two.

 

[AlexB]

CFO says Windsor will have downtime which will improve inventory (Pacificas) to retool for electrified era of Charger, Challenger and Pacifica.

New CFO stated Stellantis haven't told its story well in the U.S. to outsiders, and that will be a focus of her.

 

[AlexB]

Ram promaster EV end of 2023
Wagonner S:Spring 2024
Charger EV: mid 2024
RAM REV:Q4 2024.

 

[AlexB]

Question about mix & price in U.S. and Europe:
Pricing is stable and she is confident they can control incentives.

 

[AlexB]

Stellantis CFO says no changes in EV investments (unlike GM & Ford).
Says they will always invest in ICE due to emerging growth areas, and it gives the company a fallback in case adoption lags in developed markets

 

[AlexB]

Call concludes.