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Stellantis cuts its annual forecasts, warns about lower than expected profits

The automaker cited worsening trends in the industry, higher costs to overhaul its U.S. business and Chinese competition on EVs for making the move

By: The Globe and Mail

Sep 30 2024
56
3479 Views

Stellantis cuts its annual forecasts, warns about lower than expected profits

Stellantis cuts its annual for

Open this photo in gallery: A Stellantis sign outside the Chrysler Technology Center, in Auburn Hills, Mich., on Jan. 19, 2021.Carlos Osorio/The Associated Press
Stellantis NV STLA-N on Monday slashed its annual forecasts and said it would burn throu... [2181 chars]

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