Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
STLAStellantis(STLA) CNBC·2024-07-25 14:26

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes, temporary production gaps and lower market share in North America.The company, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, reported first-half net profit of 5.6 billion euros ($6.07 billion), down 48% from the same period of 2023.Stellantis' adjusted operating incom ...