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MichMan

(15,514 posts)
8. 'Very rough year': Stellantis profits fall 70% in 2024 amid weak sales, leadership change (2024)
Mon Jul 21, 2025, 07:58 PM
Monday
Stellantis NV said Wednesday its 2024 net profit fell sharply to $5.8 billion (5.5 billion euro), a 70% drop compared to 2023's record high.

The results reflect a tumultuous year for the maker of Chrysler, Dodge, Jeep and Ram and other brands that included poor sales across several key regions, cost cuts including layoffs, fights with unions and dealers, and the sudden departure of CEO Carlos Tavares in December.

Last year marked by far the lowest total profits that Stellantis has posted since the 2021 merger between Fiat Chrysler Automobiles NV and French automaker Groupe PSA that created the current company, now the third-largest global carmaker in terms of total units.


https://www.detroitnews.com/story/business/autos/chrysler/2025/02/25/stellantis-earnings-report-2024/80265533007/

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