Stellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 2027
ORIGINAL · NewsquawkStellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 2027Read originalHide original
Stabilised net pricing position in Europe and plan is to improve it in upcoming quarters Turning to positive cash flow in 2027 is not a wish for US, it is a must have Will drive US dealer inventories to 320-350k units by end of year, says co. thinks this is a good level JV with Dongfeng will produce two new Jeep and two new Peugeot models that will not be just for China, but will be exported to many countries
The call summary reports 2027 cost-savings and cash-flow goals, Europe pricing plans, a US inventory target, and Dongfeng JV models; retrieved reports corroborate some, but not all, details.
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Stabilised net pricing position in Europe and plan is to improve it in upcoming quarters Turning to positive cash flow in 2027 is not a wish for US, it is a must have Will drive US dealer inventories to 320-350k units by end of year, says co. thinks this is a good level JV with Dongfeng will produce two new Jeep and two new Peugeot models that will not be just for China, but will be exported to many countries
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