Dossier
automaker
Coverage of automaker in the Nexus archive.
Stellantisorganization1adjusted operating incometopic1analyst estimatestopic1net profittopic1stocktopic1General Motorsorganization1Rivianorganization1bidirectional EV chargingtopic1Utility Companyorganization1Nissan Motor Co.organization1Ivan Espinosaperson1Yokohama, Japanplace1United Statesplace1Chinaplace1sales targetstopic1profit forecasttopic1
- Stellantis swung to a profit from a year-ago loss, but the stock sank on weak margins
Stellantis reported a net profit of €293 million, reversing a year-ago loss, but adjusted operating income missed analyst estimates. The stock declined due to weak margins.
- Managed, bidirectional EV charging advances with utility, automaker support
General Motors and Rivian have highlighted advancements in managed, bidirectional electric vehicle charging through recent announcements. These developments emphasize the potential of the U.S. electric vehicle fleet for load management, supported by utilities and automakers.
- Nissan Shares Climb After Forecasting Profit Instead of Loss
Nissan shares increased after CEO Ivan Espinosa announced a strategy to revitalize the automaker's aging product lineup and set ambitious sales targets in the US and China, forecasting a profit instead of a loss.