Stellantis Faces Financial Challenges with a 70% Profit Decline
Stellantis has reported a significant 70% drop in profits, attributing this decline to challenges in the North American market and a dip in car sales. As the automaker struggles through a rough year, it is actively searching for a new CEO and has issued cautious guidance for 2025, although there is an expectation for revenue growth and a return to profitable growth in the coming year. Despite these challenges, Stellantis remains optimistic about its financial health moving forward.
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