Stellantis Sees Turbulence as Carmakers Cut Price to Compete (1)

Stellantis NV is preparing for a difficult year with higher global vehicle output weighing on prices and an unpredictable broader backdrop.

The maker of Jeep and Ram vehicles will counter the drag with a number of new models and is banking on flexible options in response, Chief Financial Officer Natalie Knight said Thursday.

“There’s a much more normalized supply environment, a much more normalized pricing environment than what we’ve seen in the past,” Knight said during a media call for the company’s full-year earnings. “We’re resilient for what we think is going to be a pretty turbulent year.”

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