Stellantis has ‘misplaced belief in its own pricing power’ as U.S ...
Oct 10, 2024 · Multinational automaker Stellantis risks alienating huge chunks of its U.S. market as price rises cause its market share to plunge, a stateside dealer for the carmaker has warned.
Stellantis has ‘misplaced belief in its own pricing power’ as ... - MSN
Stellantis raised prices aggressively in the U.S. following its creation in 2021 through a merger between Fiat Chrysler and France’s PSA Group. CEO Carlos Tavares targeted profits and...
Stellantis continues its shady cost cutting measures with another …
Oct 30, 2024 · Stellantis makes several cars, including Dodge, Ram, Fiat, and Chrysler models. Unfortunately, people aren’t buying them despite being some of the best new cars on the market. This has led to the automotive giant finding ways to …
Troubled Stellantis Could Shutter Some Car Brands in 2026
Oct 18, 2024 · “Many buyers spent big on large, expensive vehicles when they couldn’t travel or dine out,” CBS News explains. With fewer cars available in the first place, Americans also overpaid because they...
Jeep And Stellantis' Cars Cost Way Too Much - Jalopnik
Nov 25, 2024 · By the fourth quarter of 2023, the average Stellantis vehicle sold for $58,000 in the US, according to data from Edmunds, by far the highest in the industry. While Stellantis’ average price has...
Stellantis and Its Dealers Forced to Cope with Excess Inventory
May 21, 2024 · Stellantis has also announced price reductions on several models: Jeep® Grand Cherokee and Dodge Durango: Starting prices will be lowered by $4,000, depending on the model. Ram 2500 / 3500 Heavy Duty Pickups: Discounts of $9,000 on 2024 models. Chrysler Pacifica and Pacifica Hybrid: Reduced by $2,660 on Hybrid, and $2,000 on select gas models.
Jeep prices have gone through the roof. Buyers are bailing and
Nov 21, 2024 · By the fourth quarter of 2023, the average Stellantis vehicle sold for $58,000 in the US, according to data from Edmunds, by far the highest in the industry. While Stellantis’ average price has...
Why Stellantis stumbled | The Week
Dec 17, 2024 · Stellantis posted "record annual results" for 2023, but in September Tavares "shocked the market" this fall by revealing Stellantis' plans to "liquidate a bloated U.S. inventory of vehicles...
Stellantis struggles to sell 'expensive' vehicles amid high interest …
May 20, 2024 · Stellantis NV is having a tough time peddling its metal in the United States. Sales of Dodge, Ram, Jeep, Chrysler, Fiat and Alfa Romeo fell 10% in the first quarter compared to...
Stellantis chief forecasts car prices to fall this year as discounting ...
Feb 22, 2023 · Car prices are set to fall this year as manufacturers revert to the age-old practice of discounting, warned the chief executive of Stellantis. ending a period of rare discipline caused by a...