Here’s a good article as a follow up, discussing just how big a hole Stelanntis is in! With its sales numbers so severely down, deals are sure to follow.
“.,,In new
sales data released on October 1st, Stellantis
reported that it sold 305,294 cars across its portfolio in the U.S. during Q3 2024 —
a 19.8% drop from the same period last year and an 11.5% drop from the last quarter”…
And:
“According to a recent analysis by auto shopping website CarEdge,
six out of the ten slowest-selling cars in the U.S. belong to Stellantis brands, with some having a nearly two-year supply on dealer lots across the country.”
To turn things around, it sounds like top management has some new plans forthcoming that, among other things, “
could result in major changes at the manager's helm in its various key departments, such as regional operations, to those
affecting individual brands like Dodge, Jeep, or Chrysler.
One has to wonder what’s going to happen to Jeep and Ram truck models in the future 🤔… what will be left of them after drastic changes are made!
Read more at:
https://www.thenewstribune.com/news/business/article293803639.html#storylink=cpy