Financial writer assesses Stellantis' performance, pointing out areas of concern and potential undervaluation. Read the ...
Stellantis' new chief operating officer broke down the company's shipments and revenues in the third quarter, which were down from 2023.
In North America it was especially brutal for the automaker, with a revenue decline of 42%, and shipments down 36%.
Moreover, Stellantis' dividend cut is far from certain as the company has plenty of cash on the balance sheet (some of which is working capital used in industrial business, however). For all its ...
“We fundamentally have a strong balance sheet,” he said. More: Stellantis has time to pick Tavares' successor, but that doesn't mean it will be easy In its news release, the company noted that ...