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.
Stellantis' chief Carlos Tavares will address an Italian parliamentary committee next week on the prospects for the ...
Stellantis (NYSE:STLA) will prolong the suspension of its Fiat 500 electric city car production until Nov. 1, citing weak ...
The hearing will take place on Oct. 11, Stellantis said, after announcing it had extended the suspension of production of its ...
Although Stellantis has 15 active brands in its stable, the group does not want to give up the Autobianchi and Innocenti ...
Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining ...
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 ...
Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
ROME (AP) — Workers in Italy's automotive sector will go on strike on Oct. 18, the main metalworkers unions said Tuesday, in ...
Italy stocks were lower after the close on Monday, as losses in the Technology, Healthcare and Financials sectors led shares ...
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