Stellantis, the auto giant, is facing a turbulent year ahead as its operating profit fell by 10% in the second half of 2023 due to strikes impacting North American operations. Despite this, unionized workers are set to receive the largest profit-sharing checks in the automotive industry. While the company's stock rose on a new buyback announcement, it cautioned about challenges in the upcoming year.
Stellantis mulls building Chinese EVs in Europe for joint venture partner Leapmotor https://t.co/Zjq6InNPgD by @scooterdoll
While the payouts are not the highest in Stellantis history, with employees getting a company-record $14,760 last year, it's the highest among the big three Detroit automakers. https://t.co/zRNx382dQk
Stellantis turned a profit on EVs https://t.co/3cmywsrMKK via @CNNBusiness
Stellantis warned of a turbulent upcoming year after its operating profit fell 10% in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse. Read more https://t.co/e1XAMFvaku https://t.co/ICfMOsu82V
Stellantis warned of a turbulent 2024 after it saw operating profit fall by a tenth in the second half of 2023 https://t.co/W6j1qEvZlu https://t.co/FGJG8Ksgqx
Auto giant Stellantis warned of a turbulent 2024. It comes after the Jeep and Fiat maker saw operating profit fall by a tenth in the second half of 2023. Read more https://t.co/e1XAMFvIa2 https://t.co/bNQuIVn8W7
Auto giant Stellantis warned of a turbulent year ahead after its operating profit fell in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse https://t.co/W6j1qEvZlu https://t.co/KXeG18GdoM
Auto giant Stellantis warned of a turbulent year ahead after its operating profit fell in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse. Read more https://t.co/e1XAMFvIa2 https://t.co/KUSTwbY78O
Auto giant Stellantis warned of a turbulent 2024. It comes after the Jeep and Fiat maker saw operating profit fall by a tenth in the second half of 2023 https://t.co/W6j1qEvZlu https://t.co/hKvt9inq9X
Unionized Stellantis workers cashing in with more profit sharing than other firms’ employees https://t.co/MaK7ZUbPSN https://t.co/pPz26dsMO8
Stellantis can be an industry 'consolidator', CFO says https://t.co/miOCeEPnnz https://t.co/0as0ZpHtxd
Stellantis warned of a turbulent 2024 after it saw operating profit fall by a tenth in the second half of 2023. Read more https://t.co/e1XAMFvaku https://t.co/yprkz3zVB7
Stellantis warned of a turbulent upcoming year after its operating profit fell 10% in the second half of 2023 when strikes caused long stoppages at its operations in North America, its profit powerhouse https://t.co/W6j1qEvZlu https://t.co/V9XXgoAe6H
Stellantis employees represented by the United Auto Workers are expected to get the biggest profit-sharing check in the automotive industry this year. https://t.co/tJ7EJIDteE
Stellantis stock pops on new buyback but automaker warns of 'turbulent' year ahead https://t.co/A8kVSUB15Q by @Pras_S
Unionized Stellantis workers cashing in with more profit sharing than other firms' employees https://t.co/9LUAjD648B