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Fiat Chrysler Parent Stellantis Takes 17% Revenue Hit In 2024, Operating Cash Flow Shrinks

Summary

Stellantis NV (NYSE: STLA) reported a 17% YoY revenue decline for FY24, with North America shipments down 25%. The company faced challenges from discontinued models like the Dodge Charger and Jeep Cherokee, resulting in a 70% drop in net profit.

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Article published on February 26, 2025 by benzinga