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
The automaker, which owns Jeep, Ram, Chrysler, Dodge and Fiat, says it's reassessing its product strategy in North America.
Maker of Jeep, Fiat, Dodge, Peugeot and other marques builds autonomous driving technology to let drivers watch movies, email, take a break.
Struggling Stellantis has dozens of Peugeot, Citroen, Opel, Fiat, Lancia and even Jeep models on sale in Europe that are currently unavailable in the US
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.
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 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 Jeep are supposedly considering importing the European Avenger to North America as part of its latest product strategy and push for more affordable vehicles, according to AutomotiveNews Canada.
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.
Stellantis, and it has reported a significant 70 per cent drop in profit just a few months after its CEO resigned.