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Friday newspaper round-up: Stellantis, John Lewis, FRC
ShareCast· 5 days agoRachel Reeves is expected to reveal a £20bn hole in government spending for essential public...
Carmaker Stellantis pledges to tackle problems in North America as profits plunge
Associated Press Finance via Yahoo Finance UK· 6 days agoStellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere...
Stellantis CEO Says ‘No Taboos’ on Brands as Profit Plummets
Bloomberg· 6 days agoStellantis NV floated the possibility of shedding one or more of the auto giant’s 14 brands should...
Stellantis NV shares tumble on weak H1 results
Investing.com via Yahoo Finance UK· 6 days agoInvesting.com – Shares of Stellantis NV (NYSE:STLA) took a hit on Thursday after the automaker reported a decrease in both net profit and adjusted operating income for the first half of 2024.
US market proves a headache for global carmakers
Reuters· 6 days agoProblems in the highly competitive U.S. car market including weak prices, high inventories and difficult logistics dented profits and hit shares of...
China helps Italy's Brembo to defy auto industry weakness
Reuters via Yahoo Finance UK· 24 hours agoAs earnings of several major automakers have shown, including Stellantis, Porsche and Mercedes, the...
US market proves a headache for global carmakers
Reuters via Yahoo Finance UK· 6 days agoGlobal automakers are facing a weakening outlook for sales across major markets such as the U.S., while also juggling an expensive transition to electric...
Stellantis: Disappointing earnings, Deutsche Bank cuts rating from Buy to Hold
Investing.com via Yahoo Finance UK· 2 days agoInvesting.com – The stock of Stellantis NV (BIT:STLAM) fell by 10% after missing second-quarter estimates and continues to lose ground on the FTSE MIB Monday, with a -2.49% ...
Small cars are back because that’s all Americans can afford
Fortune via Yahoo Finance UK· 16 hours agoFor Detroit’s Big Three auto manufacturers—Ford, Stellantis, and General Motors—compact vehicle...
Car makers would struggle to comply with ‘strict’ 2030 ban, industry leader says
Express and Star· 6 days agoMany car manufacturers would “struggle to comply” if Labour enacts its pledge to reinstate the 2030...
