Stellantis takes $2.7 billion hit as new CEO seeks a reset
Stellantis stock down 39% this year
Stellantis NV swung to a €2.3 billion ($2.7 billion) net loss in the first half as restructuring expenses, waning sales and the impact of US tariffs hit the struggling automaker. The manufacturer incurred around €3.3 billion in pretax net charges, mainly due to expenses from canceling programs including one on hydrogen and shifting investments from […]
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