After months of the company's poor U.S. performance, the CEO of Stellantis has been fired. Weak U.S. sales and a failure in the electric vehicle sector cost him his job.
Douglas A. McIntyre A Wall Street Journal analysis of America’s EV makers such as Lucid and Rivian concluded that their situation is deteriorating.
: Though less well-known, Stellantis (NYSE: STLA | STLA Price Prediction), the maker of Jeep, Chrysler, and Dodge, has major issues including U.S. factory closings and layoffs. Job losses indicated by Stellantis…
Admittedly, Archer Aviation (NYSE:ACHR | ACHR Price Prediction) is not a “political” stock. Unlike bank stocks or private prison operators, there is no specific catalyst from a Trump presidency that could launch…
An investment in small-cap stocks over the past three years has been dead money. The Russell 2000 small-cap index has gone exactly nowhere over that time period compared to a 32% gain…
: Stellantis may lay off 50% of its North American workforce and outsource jobs due to struggles in the U.S. market. Jeep faces increasing competition from brands like Hyundai and Kia, threatening…
Austin Smith : Stellantis may lay off 50% of its North American workforce and outsource jobs due to struggles in the U.S. market. Jeep faces increasing competition from brands like Hyundai and Kia, threatening…
Stellantis warned that this year's financial results would be worse than expected. Ford investors worry it will be next to disappoint the market.
The Federal Reserve finally acted and the markets are rejoicing. Following an unprecedented series of 11 interest rate hikes between March 2022 and July 2023 that took the Federal Funds Rate from…
September tends to be the worst month to buy stocks. There is even a name for the phenomenon: the “September Effect.” Dow Jones Market Data shows that going all the way back…
24/7 Insights There is a mix of luxury and non-luxury models on this list. Mercedes has an issue selling used electric vehicles. The longest a used vehicle sits on a dealer lot…
With a notable market rotation happening, where should nervous investors seek opportunities now? Wall Street has high expectations for Dave & Buster's.Â
Sales of Chrysler vehicles plunged in the second quarter, maybe because a major study shows it has the lowest quality cars in America.
Douglas A. McIntyre 24/7 Wall St. Insights Automaker Stellantis N.V. (NYSE: STLA | STLA Price Prediction) will lay off almost 2,500 workers in the United States. Ford and General Motors should take warning. Also: Dividend…
24/7 Wall St. Insights The U.S. is the second largest consumer automotive market in the world Still, many of the world’s largest automakers do not compete in the United States Also: Discover…
