Stellantis to do whatever is necessary to reduce inventory levels by year-end

[Irongoats]

Of course they did

 

[GNmojo]

Just another article supporting youtubers comments. Like most of you, I'm wondering how sold vehicles plays into this?

https://www.reuters.com/business/autos-transportation/stellantis-ceo-tavares-paris-spotlight-over-us-crisis-2024-10-14/

 

[yuppie]

Just another article supporting youtubers comments. Like most of you, I'm wondering how sold vehicles plays into this?

https://www.reuters.com/business/autos-transportation/stellantis-ceo-tavares-paris-spotlight-over-us-crisis-2024-10-14/

"I think I can safely say that the problem will be solved before Christmas 2024."

Wonder if they're banking on the Fed to cut rates again, although mortgage interest rates are currently higher than they were before the last cut.

If Stellantis would / could offer 2% dealer financing, I bet that'd move the needle. This election is looming and changing the sentiment of all markets. I think people want to see a solid conclusion to all the uncertainty before things really get moving again.