Stellantis aims to cut North America inventories by 100,000 by early-2025, CFO says

Natalie Knight News

Stellantis aims to cut North America inventories by 100,000 by early-2025, CFO says
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Chrysler-parent Stellantis is seeking to decrease its North American inventories by 100,000 vehicles by the start of next year, and has already cut about...

MILAN - Chrysler-parent Stellantis is seeking to decrease its North American inventories by 100,000 vehicles by the start of next year, and has already cut about 45,000 units in July and August, CFO Natalie Knight said on Monday.

Stellantis earlier this year said the group's total inventories amounted to around 1.4 million units at the end of the first half of this year, when its adjusted operating profit fell 40% due to a soft business performance in North America, its profit powerhouse.Japan's outgoing premier Kishida stresses need for US leadership

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