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Stellantis reports drop in revenue and shipment

Name: Stellantis reports drop in revenue and shipment
Uploaded: 2024-10-31T18:15:00-0400
Duration: 5 min 22 s
Description: Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new products and action to reduce inventories slashed global shipments of new vehicles by 20%.

Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new products and action to reduce inventories slashed global shipments of new vehicles by 20%.