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Stellantis, UAW

Stellantis says UAW members could see $3,780 profit-sharing checks, a big drop from 2024

Stellantis had the lowest profit-sharing total of the Detroit Three; UAW President Shawn Fain blamed former CEO Carlos Tavares.

Detroit News · 2d

Stellantis profit sharing: Here's how much UAW members will get for 2024

The profit-sharing agreement, part of the 2023 labor agreement between Stellantis and the UAW, is based on the automaker's adjusted operating income margin in North America — $900 per 1% of profit margin.

cbtnews · 1d

Stellantis faces 70% profit drop but eyes recovery in 2025

Stellantis reported a steep 70% decline in the full year 2024 net profit, falling to 5.5 billion euros ($5.77 billion) from $19.5 billion.

CBS Detroit on MSN · 1d

Stellantis UAW profit sharing checks down sharply for 2024 calendar year

Automaker Stellantis issued its 2024 financial report Wednesday, indicating that net revenues for 2024 were down 17% compared to the previous year; with net profit for 2024 down 70% compared to the previous year.

4hon MSN

As Stellantis posts 70% profit plunge, fresh inventory data suggests U.S. price cuts may be working

Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.

'Very rough year': Stellantis profits fall 70% in 2024 amid weak sales, leadership change

In the carmaker's profit-rich U.S. market, vehicle sales fell 15% overall in 2024, and 7% for the fourth quarter. But the ...

19h

Stellantis reports 70% decline in net profits in 2024

The automaker’s turnaround plan included high-profile leadership changes for its Jeep and Dodge brands in the U.S.

Stellantis: 2024 Painful, But All Eyes For A 2025 Recovery

Stellantis' balance sheet flexibility is supportive, and launch schedules for new models in 2025 will likely drive a volume ...

9hon MSN

Stellantis' ex-CEO had total compensation of more than $24M last year

CEO, Carlos Tavares, left the automaker in December as the company struggled with issues from down sales to fights with stakeholders.

cbtnews2h

Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70% profit drop

Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno’s Transportation ...

DPA International on MSN1d

Multinational carmaker Stellantis reports plunge in revenue, profits

Dutch-headquartered multinational carmaker Stellantis reported a plunge in profits on Wednesday amid struggles in the vital ...

18h

Vauxhall owner Stellantis’ profits tumble by 70% as Aston Martin delay electric car

THE challenges facing the car industry in its switch to electric were laid bare yesterday with a double dose of bad news.

Carlos Tavares earns €12mn severance deal after Stellantis departure

Former Stellantis chief executive Carlos Tavares received a €23mn pay package in 2024 and a €12mn severance deal for his sudden resignation in December following a sharp deterioration in the ...

2don MSN

Stellantis Expects a Return to Profitable Growth This Year

The auto maker is beginning to recover from a tumultuous 2024 in which it had bloated inventories, pricing pressure and ...

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