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.
Based on the new and updated 2024 market outlook of the company, the adjusted operating income margin (AOI) for FY 2024 is ...
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 ...
General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing ...
U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at ...
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 ...
European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns ...
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
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