Stellantis beats profit target in first year after merger - Greater Cincinnati Automobile Dealers Association

Stellantis beats profit target in first year after merger

The automaker’s margin on its adjusted operating profit rose to 11.8 percent last year as synergies generated about 3.2 billion euros ($3.6 billion) in net cash benefits. Margins in the North America region climbed to a record 16.3 percent last year.