Tag Archives: Dodge

Stellantis Tanks in First Half of 2024 – Net Profit -48%

Posted on 25 July 2024 by Ken Zino

“The Company’s performance in the first half of 2024 fell short of our expectations, reflecting both a challenging industry context as well as our own operational issues,” said Carlos Tavares, CEO. “We have significant work to do, especially in North America, to maximize our long-term potential.” Seven or more senior executives have left Stellantis so far this year. Continue reading →

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Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?

Posted on 30 April 2024 by Ken Zino

Stellantis reiterated a minimum commitment of double-digit Adjusted operating income (AOI) margin in 2024, as well as positive Industrial free cash flow, despite macroeconomic uncertainties. Stellantis claimed that it is on track to deliver total capital returns in 2024 more than €7.7 billion, for an 11% yield as a percentage of Stellantis market capitalization on 1 January 2024. It is likely that its value will go down in the short term. The company, in AutoInformed’s view is in a transition that requires the balancing of market share, product cost, revenue and development of new offerings. It is not alone among automakers. Continue reading →

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Stellantis Implements First Employee Share Purchase Plan

Posted on 21 December 2023 by Ken Zino

“The success of this step of Shares to Win in Italy and France demonstrates our employees’ confidence in the sustainable future of our Company supported by the execution of our Dare Forward 2030 strategic plan, which maps out the path to achieving carbon net zero by 2038 and creating value for all our stakeholders,” claimed Xavier Chéreau, Chief HR & Transformation Officer. Continue reading →

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Stellantis and Its European Dealers Sign New Contracts

Posted on 31 August 2023 by Ken Zino

Stellantis (NYSE: STLA) said today in Amsterdam that it had completed the signing of new contracts with its European Dealer Network. With these new sweeping agreements it aspires to be first in customer satisfaction in all markets, products and services. … Continue reading →

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Stellantis Posts Record Revenue and Profits for 2023 Half 1

Posted on 26 July 2023 by Ken Zino

Stellantis (NYSE: STLA) today posted strong growth while setting new records in net revenues, operating income and net profit for the first half of 2023 while continuing its transformation to electrified and software-defined vehicles for its 14 brands. Stellantis currently has 25 BEVs available today and another 23 launching through 2024. Continue reading →

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Roadkill Nights – Drag Racing Back on Woodward Avenue

Posted on 24 June 2019 by Ken Zino

Roadkill is now the  traditional kick off to southeast Michigan’s week-long celebration of classic cars and car culture. There will be  thrill rides in the 717-horsepower Dodge Challenger SRT Hellcat and the 707-horsepower Dodge Charger SRT Hellcat models, more participants in the celebrity showdown races, and an overall $40,000 purse with $10,000 going towards United Way. Continue reading →

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FCA US April Sales Sees Trucks and Namesake Brands Decline

Posted on 9 May 2018 by Ken Zino

The brands* the company is named after Fiat and Chrysler both posted huge declines. Sales of Fiat vehicles declined 45 percent to 1,404 vehicles. Chrysler brand total sales fell 18 percent in April to 14,189 vehicles compared with the same month a year ago. The Chrysler Pacifica minivan posted a 5 percent retail sales increase to 7,864 vehicles. Continue reading →

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Dodge Dart Reborn based on Alfa Romeo Platform

Posted on 6 December 2011 by Ken Zino

The new Dodge Dart will appear in modified form with a lengthened and widened platform, which Dodge claims will have segment-leading interior roominess. Dodge exited the compact car segment (or so-called c-car segment) when then owner Daimler killed the Neon back in 2005 – as gasoline was relatively cheap at just over $2 a gallon and truck and SUV sales were booming. The Neon nameplate goes back to the 1995 when Bob Lutz then at Chrysler boasted it would beat the Japanese in the economy car segment. It didn’t come close. Continue reading →

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Redesigned Models Offer Automakers the Best Chance to Increase Buyer Consideration

Posted on 14 December 2010 by Ken Zino

A redesigned new model is an automaker’s best opportunity to change the perceptions of the past, according to a new study released today that analyzes the reasons auto buyers fail to consider – or avoid – particular models when shopping for a new vehicle. Continue reading →

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