Does stellantis make a lot of money?

LONDON, Dec 18 (Reuters Breakingviews) - Stellantis (STLAM.MI) will cruise alongside General Motors (GM.N) and Ford Motor (F.N). The group run by Carlos Tavares is one of Europe’s lowest-valued carmakers. Yet it makes most of its money in the U.S., and boasts industry-leading profit margins.

Is stellantis a good car company?

Stellantis will cruise alongside General Motors and Ford Motor . The group run by Carlos Tavares is one of Europe’s lowest-valued carmakers. Yet it makes most of its money in the U.S., and boasts industry-leading profit margins.

Should stellantis be listed on the S&P 500?

One solution would be to focus on a single U.S. listing. Stellantis shares already trade in New York, although they mostly change hands in Europe, RBC analysts reckon. If it qualified for the S&P 500 Index (.SPX), the leading U.S. stock market index, Stellantis would immediately attract more American investors.

Where are Fiat & stellantis headquartered?

True, both have their headquarters in Europe, with Tavares’ group based in the Netherlands and listed in Milan and Paris. Yet Stellantis, thanks to Fiat’s purchase of Chrysler under former boss Sergio Marchionne, has a large U.S. operation, with stateside revenues outstripping those in Europe by over 50% in the third quarter of 2023.