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30 September 14:28

Stellantis and Aston Martin have issued profit warnings amid strong competition from Chinese manufacturers.

Delia Niculescu

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International

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The warnings come amid stiff competition from Chinese manufacturers offering cheaper electric vehicles. Stellantis forecasts a decline in adjusted operating margin for 2024, and Aston Martin has lowered its wholesale volume target for this year. European manufacturers are also hurt by weaker demand from China and supply chain problems.

Sources

Acțiunile Stellantis și Aston Martin au scăzut brusc în urma avertismentelor privind profitul/ Probleme similare au și alți producători auto din Europa, care se luptă cu concurența chineză și cu cererea slabă

Ziarul Financiar

Stellantins şi Aston Martin se află în picaj: Costurile explozive, concurenţa chineză şi reducerile masive ale producţiei în SUA pun presiune pe industria auto

Avertismentul Stellantis șterge 10 miliarde de euro din capitalizarea pe bursă a producătorilor auto europeni - HotNews.ro

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Stellantis Aston Martin profits Chinese Manufacturers warning

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