JPMorgan Offerss First Take on Stellantis NV (STLA) Quarterly Update
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JPMorgan sees Stellantis (STLA) Q1 revenues down 'about 10% YoY'
April 2, 2024 1:44 PM EDTShares of Stellantis (NYSE: STLA) fell over 2% on Tuesday after JPMorgan said it sees the company's revenues down 10% year-over-year (YoY) in the first quarter.
In its first glance at Stellantis's Q1, the investment bank added that they also see volumes down 6% (YoY), a negative geo mix, pricing stable, and... More
US probes Stellantis 2022 RAM truck models over K1 snap ring transmission failures
March 29, 2024 5:57 AM EDT(Reuters) -The U.S. Office of Defect Investigations (ODI) has opened a preliminary evaluation of a failure of the K1 snap ring in Chrysler-parent Stellantis' year 2022 RAM 3500, 4500, and 5500 trucks, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
The ODI has received 82 complaints alleging loss of motive... More
