Stellantis pledges not to close plants or slash jobs in Italy [Yahoo! Finance Canada]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance Canada
Italy, an executive at the automaker said on Thursday during talks organised by the Italian government to address concerns about the country's car industry. Industry Minister Adolfo Urso hosted the meeting in Rome with industry representatives and trade unions, as the Italian auto industry grapples with falling output and idle plants, and sales of Stellantis' Italian brands Fiat, Alfa Romeo and Lancia are shrinking. "Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies," Italy human resources manager Giuseppe Manca was quoted as saying in a company statement. Stellantis is facing industry-wide challenges such as low demand for more expensive electric vehicles and competition from China. It is also grappling with bloated U.S. inventories that have led it to cut profit and cash-flow forecasts. The company is Italy's sole major automaker, but its output there is tanking. Last month the FIM-CISL union predicted Ital
Show less
Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STLA alerts
High impacting Stellantis N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
STLA
News
- As GM announces more layoffs, auto expert sees possible shift from EV production [CBS News]CBS News
- GM cuts 1,000 jobs globally, salaried and hourly, in move to 'strive for efficiency' [Yahoo! Finance]Yahoo! Finance
- Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake [Forbes]Forbes
- I wish it weren't so fun to take flight in the new Ram 1500 RHO [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Peugeot 308 – good enough to beat the Golf [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 11/8/24 - Form 144
- 10/31/24 - Form 6-K
- 10/16/24 - Form 6-K
- STLA's page on the SEC website