The Stellantis car giant—which includes Fiat, Chrysler, Jeep and Peugeot—also reported a 17 percent fall in revenue to 156.9 billion euros ($164.6 billion).
The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles
Maker of Jeep, Fiat, Dodge, Peugeot and other marques builds autonomous driving technology to let drivers watch movies, email, take a break.
The automaker, which owns Jeep, Ram, Chrysler, Dodge and Fiat, says it's reassessing its product strategy in North America.
Stellantis sank to a net loss in the second half of last year as the world’s fourth-largest carmaker suffered a drop in sales across all of its key markets. The owner of the Peugeot, Fiat and Jeep brands reported a net loss of €127mn for the period compared with a profit of €7.
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In addition to more electric muscle and range for the Wrangler 4xe, the 2026 model year will see Jeep debut the long-anticipated Gladiator 4xe
Stellantis on Wednesday reported a sharp drop in full-year earnings as the company scrambles to take measures to improve its performance and profitability.
Stellantis sank to a net loss in the second half of last year as the world’s fourth-largest carmaker suffered a drop in sales across all of its key markets. The owner of the Peugeot, Fiat and Jeep brands reported a net loss of €127mn for the period compared with a profit of €7.7bn a year earlier. Revenue fell 21 per cent to €71.9bn.
Stellantis, and it has reported a significant 70 per cent drop in profit just a few months after its CEO resigned.