Carmaker Stellantis reported an 13% decrease in net profits in the second half of 2023 VERBATIM: The decrease was due to the impact of strikes in North America, Stellantis’ profit center, as it heads into a year it expects to be “turbulent.” The world’s third-largest carmaker reported net profits of 7.7 billion euros in the […]
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Stellantis reported a 13% decrease in net profits in second half of 2023
Carmaker Stellantis reported an 13% decrease in net profits in the second half of 2023
VERBATIM:
The decrease was due to the impact of strikes in North America, Stellantis’ profit center, as it heads into a year it expects to be “turbulent.” The world’s third-largest carmaker reported net profits of 7.7 billion euros in the second half, down from 8.8 billion in the same period. Full-year profits were up 11% to 18.6 billion euros.