Stellantis fights to survive: Industry crash, Chinese EV takeover, and strikes leave company in crisis
In a stark admission of the deepening challenges facing the global auto industry, Stellantis, one of the world’s largest carmakers, has slashed its financial forecasts for 2024. This recalibration comes as the company battles significant headwinds in both the U.S. and European markets, struggling with declining sales, labor disputes, and fierce competition from Chinese electric […]
