Stellantis N.V. is a multinational automotive manufacturer formed through the merger of Fiat Chrysler Automobiles and PSA Group
The company designs, engineers, manufactures, and sells a diverse portfolio of vehicles across multiple brands, including well-known names such as Jeep, Ram, Peugeot, Citroën, and Fiat. Stellantis aims to deliver innovative and sustainable mobility solutions while catering to a wide range of customer preferences and market segments worldwide, focusing on electric vehicles, advanced technologies, and connectivity in the automotive industry.
The company reported a full-year 2024 net profit of €5.47 billion ($5.72 billion), down from €18.6 billion a year earlier, with EPS falling to €1.84 from €5.94.
Stellantis NV (NYSESTLA) reported a 17% YoY revenue decline for FY24, with North America shipments down 25%. The company faced challenges from discontinued models like the Dodge Charger and Jeep Cherokee, resulting in a 70% drop in net profit.
Stellantis Delivers Full Year 2024 Results Consistent with Updated Financial Guidance;Expects Return to Profitable Growth and Positive Cash Generation in 2025
General Motors had a stellar 2024 rising 50%, but 2025 is a much tougher road with Trump's tariffs and the suspension of EV mandates and potential auto tariffs
