Wednesday, October 16, 2024
Google search engine

Stellantis sees 20% y/y decrease in third-quarter deliveries


(Reuters) – Stellantis anticipates a 20% annual decrease in combined deliveries in the 3rd quarter to 1.15 million systems internationally, the carmaker claimed on Wednesday.

That’s a steeper decline than the projection 15% underlying sales decrease, because of profile shifts and dealership stock decrease campaigns, it claimed in a declaration.

It anticipates Maserati third-quarter combined distributions at its Maserati system to drop 60% to 2.1 million around the world.

The carmaker cut in September its 2024 revenue projection and advised it would certainly shed via even more cash money than anticipated as it vowed to minimize outcome and deal huge discount rates to restore its united state service, cleaning billions off its market price.

(Reporting by Alessandro Parodi, editing and enhancing by Cristina Carlevaro)



Source link

- Advertisment -
Google search engine

Must Read

Morgan Stanley (MS) profits Q3 2024 

0
Ted Pick, CHIEF EXECUTIVE OFFICER Morgan Stanley, talking on's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland onJan 18th,...