Stellantis' (STLA) Q2 vehicle deliveries decline 16% year over year. The union report by the FIOM indicates that Stellantis' output could shrink by as much as 220,000 vehicles in 2022.

Damning Union Report Sinks Stellantis Stock

09:45am, Tuesday, 05'th Jul 2022
Stellantis NV (NYSE:STLA) just shared its vehicle sales for the first half of 2022, which saw a 14% drop from a year ago.
An Italian labor union has given investors in Chrysler parent company Stellantis a jolt, warning that 200,000 units would be lost this year to the continuing semiconductor shortage.

Why Stellantis Shares Are Sliding Today

08:16am, Tuesday, 05'th Jul 2022
Stellantis NV (NYSE: STLA) could lose 220,000 vehicles in 2022 as lost output due to the semiconductor supply crunch, Reuters reported, citing the Italy-based FIM CISL union. The union also added th
A global crunch in semiconductor supply could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy, the FIM CISL union said, adding this would mark the fifth year in a row

The 5 Best Car Stocks for the Second Half

07:00am, Sunday, 03'rd Jul 2022
Car stocks had a tough second quarter, falling more than the market. Several look attractive now, based on analyst price targets.

It's All About Capacity In The Truck Market

11:21am, Friday, 01'st Jul 2022
Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide
TREMERY (Reuters) -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world's largest diesel engine plant, to acco
PARIS (Reuters) -Production stoppages at two Stellantis auto plants in France stem from shortages in components from German supplier Continental, two sources close to Stellantis said on Friday.
(Kitco News) - Lithium developer Vulcan Energy (ASX: VUL) announced today it has agreed a €50 million (A$76 million) equity investment from Stellantis (NYSE: MTA), one of the world's leading automak

3 Top Value Stocks to Buy Right Now

11:37am, Thursday, 23'rd Jun 2022
There's nothing boring about buying shares of great companies at rock-bottom valuations.
Carmaker Stellantis will halt production at its Rennes-La Janais Citroen plant in Brittany July 3 due to a chip shortage, a spokesperson told Reuters on Wednesday, confirming French media reports.
Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
Peugeot, one of Stellantis' French brands, unveiled its new 408 model on Wednesday, betting the "fastback" sedan will attract motorists suffering from sports-utility vehicle (SUV) fatigue.
General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Tuesday they are making masking optional at all U.S. facilities.
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