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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...​


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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.

 
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.
 
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