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.
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Italy shares lower at close of trade; Investing.com Italy 40 down 1.69%Italy equities were lower at the close on Monday, as losses in the FTSE Italia Technology, FTSE Italia All Share Health Care ...
Cash flow is expected to suffer as well. Stellantis adds that its prior 2024 outlook for "positive" free cash flow has been updated to negative free cash flow of between 5 billion and 10 billion euros ...
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.
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Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
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ROME (AP) — Workers in Italy's automotive sector will go on strike on Oct. 18, the main metalworkers unions said Tuesday, in ...
Carmaker Stellantis has slashed its earnings forecast, citing investments to turn around its U.S. operations as the wider ...
With less than two weeks before Stellantis lays off 2,500 workers at Warren Truck, a veteran autoworker is calling for an all ...
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