Stellantis' H1 profits beat forecasts as supply issues ease

Stellantis Tavares pay package — Stellantis CEO Carlos Tavares said Wednesday that European logistics issues that had hampered deliveries are "95 percent" solved. (Steve Marcus/REUTERS)

Sa

By:

Staff and wire reports

July 26, 2023 06:49 AM

Stellantis posted better-than-expected earnings in the first half as supply-chain problems eased and higher shipments helped to lift profits.

Featured Stories

What automakers are saying about vehicle prices with tariffs in effect

What automakers are saying about vehicle prices with tariffs in effect

Young technician grateful for his mentor

Young technician grateful for his mentor

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Latest News

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

Hyundai, Genesis won’t raise vehicle prices over the next two months

What automakers are saying about vehicle prices with tariffs in effect

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Don Romano’s ‘wild ride’ at Hyundai Canada

U.S. senators seek to rein in Trump tariff authority

Europe reacts as Trump’s 25% auto tariffs take effect

What vehicle parts are now subjected to tariffs? Powertrain, suspension, safety and more

Staying current is easy with newsletters delivered straight to your inbox.