Stellantis Sees Revenue and Shipments Drop in Q3 2024

Stellantis Sees Revenue and Shipments Drop in Q3 2024​

Global Revenue Falls 27% As Stellantis Tackles High U.S. Inventory Levels...​

Stellantis faced a notable setback in the third quarter of 2024 as revenues fell 27% compared to last year. As Stellantis pushes through a challenging year, the company reported $35.8 billion (€33 billion) in revenue and confirmed a 20% decline in global shipments, down to 1.1 million units, echoing predictions made earlier this month.

Stellantis Sees Revenue and Shipments Drop in Q3 2024

Stellantis faced a notable setback in the third quarter of 2024 as revenues fell 27% compared to last year. As Stellantis pushes through a challenging year, the company reported $35.8 billion (€33 billion) in revenue and confirmed a 20% decline in global shipments, down to 1.1 million units...

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[vbondjr1]

not surprising tbh. They need to get it together and drop the prices of everything that's sitting on lots so they can move inventory

 

[bill burke]

When you bet the house on the electrification myth, you likely go homeless. Things could be worse, Dodge and Jeep could be releasing all electric models into a market craving gas powered vehicles.
They are ? Buddy, could you spare a dime ? Very bad bet, very bad.