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A comment on Stellantis declares bankruptcy in China, with $1B in debts. Parent comment

Re:Stellantis declares bankruptcy in China, with $1B in debts by rsynnott on Monday July 14, 2025 @03:15AM (#44557271)
Astonishingly, Stellantis (the global business, not the Chinese subsidiary) is profitable, somehow. Pays a dividend, and everything.
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Re:Stellantis declares bankruptcy in China, with $1B in debts by v5v3 on Monday July 14, 2025 @03:57AM (#44557495)
2024

revenue down 17% Net profit down 70% at a meagre 5billion.

https://www.stellantis.com/en/news/press-releases/2025/febru...

They need to spend billions on an ongoing basis in R&D

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Re:Stellantis declares bankruptcy in China, with $1B in debts by zihotki on Monday July 14, 2025 @08:04AM (#44559147)
Past performance is not indicative of current/future. See https://s3-prod.autonews.com/2024-09/Dealer%20letter%20to%20... for more details why it was profitable in previous few years.
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