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Why Jeep And Dodge’s Parent Company Stellantis Is Struggling

08/10/24
CNBC

Merging some of America’s legacy car brands with big European ones made Stellantis the world’s fifth largest automaker in 2021. But just a few years after the merger closed, Stellantis is struggling, and its troubles lie specifically with is North American business – home to Jeep, RAM, Dodge and Chrysler. Critics—including its own dealers—say the company raised prices too high and too fast, and didn’t focus enough on making good products. Its stock has plummeted. Watch the video to learn more. Chapters: 01:22 Introduction - Why Stellantis is struggling 01:30 Chapter 1 - A troublesome 2024 03:54 Chapter 2 - The promise of Stellantis 07:23 Chapter 3 - Changes and volatility 12:45 Chapter 4 - A focus on innovation Producer: Robert Ferris Editor: Evan Lee Miller, Kevin Heinz Animation: Christina Locopo, Jason Reginato Senior Managing Producer: Tala Hadavi Additional footage: Getty Images, Stellantis » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be a successful, confident communicator? Take CNBC’s online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Get started today: https://cnb.cx/4aryNgM Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Jeep And Dodge’s Parent Company Stellantis Is Struggling

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