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

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

What vehicle parts are now subjected to tariffs?

What vehicle parts are now subjected to tariffs?

Here’s our list of the 2025 Top 150 dealership groups

Here’s our list of the 2025 Top 150 dealership groups

How many U.S. dealership owners will we have in 2050?

How many U.S. dealership owners will we have in 2050?

Latest News

Poilievre pledges to eliminate GST on Canadian-made vehicles

Stellantis laying off nearly 1,000 workers in U.S. as tariffs pause production at some plants in Canada, Mexico

South Korea’s KG Mobility signs deal to develop SUVs with Chery platform

GM China sales flat in Q1, but new-energy vehicles gain traction

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

See More in Automakers

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

What vehicle parts are now subjected to tariffs?

Hyundai 2nd-gen Nexo hydrogen fuel cell crossover gets big boost in power, range, styling

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back

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