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Top related persons:
Stellantis - 2 Rebecca Cook - 1 David Shepardson - 1 Jon Boyle - 1 Bernadette Baum - 1 Carmaker Stellantis - 1 BEV - 1 Carlos Tavares - 1
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Chrysler Group - 1 Warren Truck - 1 REUTERS - 1 Traffic Safety Administration - 1 Fiat Chrysler Automotive - 1 NHTSA - 1 Thomson - 1 Dodge - 1

Search resuls for: "Chrysler Group"


4 mentions found


☆ US agency opens probe into 1.1 mln Ram 1500 pickup trucks
  + stars: | 2023-08-08 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
Chrysler Group LLC assembly workers put together 2014 Ram 1500 pickup trucks on the assembly line at the Warren Truck Plant during a tour of the plants redesigned work stations in Warren, Michigan, September 25, 2014. REUTERS/Rebecca Cook/File PhotoWASHINGTON, Aug 8 (Reuters) - U.S. auto safety regulators said on Tuesday they were investigating whether 1.1 million older Ram 1500 pickup trucks should be recalled for power steering loss issues. The National Highway Traffic Safety Administration (NHTSA) has received 380 reports alleging intermittent or complete loss of power steering assistance in 2013-2016 model year Ram 1500 pickup trucks, including reports of three crashes. In March 2016, Fiat Chrysler Automotive, now known as Stellantis (STLAM.MI), recalled 440 vehicles to address a possible contamination of the electrical power steering unit. A complaint filed in March by a 2015 Ram 1500 driver said due to a power steering assist failure, "the contact drove into a ditch which caused minor damages to the front end of the vehicle."
Persons: Rebecca Cook, Stellantis, David Shepardson, Jon Boyle, Bernadette Baum Organizations: Chrysler Group, Warren Truck, REUTERS, Traffic Safety Administration, Fiat Chrysler Automotive, NHTSA, Thomson Locations: Warren , Michigan, Florida, California
☆ Jeep, Dodge maker Stellantis posts first-half revenue jump, confirms 2023 guidance
  + stars: | 2023-07-26 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
Carmaker Stellantis on Wednesday posted a 12% year-on-year jump in net revenues and 37% spike in net profit for the first half of 2023, boosted by higher shipments. The manufacturer of Jeep, Dodge, Peugeot and other brands recorded second-quarter net revenues of 98.4 billion euros ($108.8 billion) and a net profit of 10.9 billion euros. The company confirmed its 2023 guidance while raising its growth outlook in Europe and the Middle East & Africa from 5% to 7%. Global battery electric vehicle (BEV) and low emission vehicle (LEV) sales were up 24% and 28% year-on-year to 169,000 units and 315,000 units, respectively. "It takes a united effort and open mindset across all our employees to embark on our no-compromise transformation journey while protecting the Company from external challenges."
Persons: Carmaker Stellantis, BEV, Stellantis, Carlos Tavares Organizations: Dodge, Peugeot, Fiat Chrysler, France's PSA Group, Global Locations: Europe, East, Africa, American
☆ Jeep, Dodge maker Stellantis posts first-quarter revenue jump as chip supply eases
  + stars: | 2023-05-03 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023. Carmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures boosted shipments. The Dutch-headquartered company, formed in 2021 from the merger of Italian-American conglomerate Fiat Chrysler group and France's PSA Group, recorded first-quarter net revenues of 47.2 billion euros ($52 billion). The manufacturer of Jeep, Dodge, Peugeot and other brands said consolidated shipments increased 7% from the first quarter of 2022 to 1.48 million, as a result of "improvement in semiconductor order fulfilment." "Our global footprint and diverse product portfolio means we are well-positioned to continue delivering strong financial performance throughout the year," Chief Financial Officer Richard Palmer said in a statement.
☆ Jeep, Dodge maker Stellantis posts record annual profit, announces $4.47 billion shareholder payout
  + stars: | 2023-02-22 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Carmaker Stellantis on Wednesday announced record full-year results, reporting a 26% rise in net profit to 16.8 billion euros ($17.9 billion) and a 41% annual jump in global battery and electric vehicle sales. Stellantis CEO Carlos Tavares said the results also demonstrated the effectiveness of the company's electrification strategy in Europe, with 288,000 battery and electric vehicle (BEV) sales in 2022 and 23 BEVs now on the market. This figure is expected to double to 47 models by the end of 2024, and Stellantis is targeting global BEV sales of 5 million by 2030. "We now have the technology, the products, the raw materials, and the full battery ecosystem to lead that same transformative journey in North America, starting with our first fully electric Ram vehicles from 2023 and Jeep from 2024," Tavares said.
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