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September 30, 2024

Stellantis revises 2024 financial guidance

Stellantis on Monday revised its 2024 financial guidance, citing “performance issues in North America” and the “deterioration of the sector’s global dynamics”.

Stellantis said it saw adjusted operating profit margin between 5.5% and 7% for all of 20…

Juvenile court validates arrest of Campai murder suspect

Ajuvenile court in Brescia on Monday validated the arrest of a 17-year-old who is accused of the premeditated murder of Maria Campai, 42, inside the garage of the apartment building where he lives in Viadana, near Mantua.

The teen is also accused of…

Stellantis dives 15% on stock market after estimates cut

Stellantis dived 15% on the Milan stock market Monday after cutting its estimates for the year.

The share price fell to 12.36 euros, reaching a new low since July 21, 2022.

Volkswagen (-2.57%) and BMW (-2.64%) slid for the same reason, with a domin…