16
Aug
13:22
Stellantis sued after disappointing half-year results
A group of Stellantis shareholders have sued the automotive group after its share price dropped following the release of its latest half-year results.
The company, which is listed on the New York Stock Exchange, on Euronext Milan and Euronext Paris, posted a 48% fall in net profit for the six months ended 30 June to €5.6 billion ($6.06 billion).
It was attributed to weak margins and high inventory at its US operations, with ceo Carlos Tavares indic…
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Anonymous
Very good overview of the weekly steel market.
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