Paris, Sept 30, 2024 (AFP) - Shares in Jeep-maker Stellantis fall after profit warning

NAMPA / AFP

2024-09-30

Shares in European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, sank Monday after the group cut its annual profit outlook, citing deteriorating "global industry dynamics". The Paris-listed company said it now expects an adjusted operating income margin ranging between 5.5 and 7.0 percent, down from previous expectations of "double digit" growth. Stellantis fell more than nine percent to 13.20 euros ($14.73) per share on the......

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