Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals.
London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels ...
Stellantis CEO Carlos Tavares wants to adopt the low-cost mindset of Chinese EV makers, but the automaker must navigate trade ...
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
Stellantis NV slashes its annual forecasts due to worsening industry trends, rising costs in the US, and fierce Chinese ...
PARIS (Reuters) - Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected ...
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
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