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.
Shares of Stellantis (STLA) are plunging in extended-hours trading after the carmaker slashed its earnings forecast, ...
U.S. listed shares of Europe's second-largest automobile manufacturer Stellantis NV (NYSE:STLA) are down 12.6% at $14.04 at ...
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 ...
European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns ...
On Monday, the pan-European Stoxx 600 index had fallen by around 0.75%, creating a challenging environment for investors.
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