Stellantis Restructures Amid Search for New Ceo
Stellantis has given a cautious outlook for 2025, warning that its turnaround will not materialize until the second half of the year. The company expects to see higher net revenues and a higher adjusted operating profit in the second half than in the first half, but warned that it may still burn cash in the first half. Stellantis has been struggling with slumping sales and bloated inventories, particularly in its U.S. market.
- The cautionary tone of Stellantis' outlook suggests that the company's efforts to recover from a slump will be more challenging than anticipated, underscoring the need for sustained investment and strategic planning.
- Will Stellantis' new CEO be able to restore the group's competitiveness, or will the challenges facing the automaker continue to persist?