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Stellantis reports a 70% profit drop in 2024, with Jeep, Dodge, and Chrysler struggling due to high prices, reliability issues, and slow sales.

The maker of huge American brands Jeep, Dodge, Chrysler and Ram reported a staggering 70 percent drop in profits for 2024.

Jeep parent company Stellantis has recorded a stunning drop in profit following a tough year for the car making conglomerate.