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Stellantis cuts 2024 profit forecast as U.S. sales, global demand drop
On September 30, Stellantis cut its 2024 profit forecast and warned it will burn through more cash than expected as it works to reduce output and offer deep discounts to revive its U.S. business, wiping billions off its market value.
Stellantis says it is facing weakening global demand and stiff competition from Chin....
Stellantis says it is facing weakening global demand and stiff competition from Chin....
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