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Astonishingly, Stellantis (the global business, not the Chinese subsidiary) is profitable, somehow. Pays a dividend, and everything.
by rsynnott 1y ago
Astonishingly, Stellantis (the global business, not the Chinese subsidiary) is profitable, somehow. Pays a dividend, and everything.
- v5v3 1y ago2024 revenue down 17% Net profit down 70% at a meagre 5billion. https://www.stellantis.com/en/news/press-releases/2025/february/full-year-2024-results https://www.stellantis.com/en/news/press-releases/2025/febru... They need to spend billions on an ongoing basis in R&D
- zihotki 1y agoPast performance is not indicative of current/future. See https://s3-prod.autonews.com/2024-09/Dealer%20letter%20to%20Stellantis%20CEO.pdf https://s3-prod.autonews.com/2024-09/Dealer%20letter%20to%20... for more details why it was profitable in previous few years.