Italy's carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
MILAN (AP) — Italy's Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.
MILAN (Reuters) -Stellantis' chief Carlos Tavares will address an Italian parliamentary committee next week on the prospects ...
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Major car brand pauses production of electric vehicle as Stellantis bosses warn of 'deep trouble'Major manufacturer Stellantis has announced an extension to the production suspension of its electric Fiat 500 model until ...
The hearing will take place on Oct. 11, Stellantis said, after announcing it had extended the suspension of production of its ...
Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a ...
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Sharp drop in sales for Stellantis, -33.9% in ItalyROME, OCT 1 - Stellantis sold 29,375 cars in Italy in September, 33.9% less than the same month in 2023 with the market share ...
Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining ...
Although Stellantis has 15 active brands in its stable, the group does not want to give up the Autobianchi and Innocenti ...
The transatlantic automaker registered a sharp drop in output at most of its Italian plants in the first half of 2024.
MILAN, Italy — Italian unions have called a one-day strike on Oct. 18 for metal workers at Stellantis and its local suppliers ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
Italy stocks were lower after the close on Monday, as losses in the Technology, Healthcare and Financials sectors led shares ...
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