Tag: Stellantis
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European carmakers warn on profits as sector grapples with weak demand, rising costs
By Nick CareyLONDON (Reuters) - European carmaker Stellantis joined on Monday bigger rival Volkswagen and others in warning about the worsening outlook for auto...
European autos stocks wipe off $10 billion after Stellantis warning
By Danilo MasoniMILAN (Reuters) - European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over...
Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...
Stellantis warns on profit, citing global markets, Chinese competition
By Makini BricePARIS (Reuters) -Stellantis NV on Monday slashed its annual forecasts and said it would burn through more cash than expected, citing worsening...
UAW urges Stellantis workers to authorize strike, accuses car maker of breaching contract
(Reuters) - The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of breaking its...