Stellantis CEO struggles to sell Jeeps in the golden era of SUVs
Baua Electric
JULY 27, 2024
His emphasis on trying to protect profit margin left Stellantis charging higher prices for older products than what rivals had on the market, leading to lost share and elevated inventory. Wall Street keeps a close eye on how pickup sales are trending because big trucks are still Detroit carmakers’ profit engine. million ($39.7
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