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Jeep-maker Stellantis reports sharp fall in revenue as it shifts car portfolio
StellantisStellantis(US:STLA) CNBC·2024-04-30 06:41

Maserati's first GranCabrio convertible since 2019 is scheduled to go on sale this summer in the U.S.Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects, even as net pricing held firm.Chief Financial Officer Natalie Knight said year-over-year shipment and net revenue comparisons were difficult due to the company's transition to a "next generation product portfolio manufactured on new platforms."This is a breaking news ...