Troubled carmaker Stellantis reports 27% plunge in 3Q revenues as it cleans up US inventories

Troubled carmaker Stellantis on Thursday reported a 27% plunge in net revenues during the third quarter as gaps in launching new product s and action to reduce inventories slashed global shipments of new vehicles by 20%. The world’s fourth-largest carmaker, created by the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles...