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43 new news items in the last 24 hours
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  2. International

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

Delia Niculescu
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30 September 2024, 14:28
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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

sursa imagine
Economedia
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
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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
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Hot News
Avertismentul Stellantis șterge 10 miliarde de euro din capitalizarea pe bursă a producătorilor auto europeni - HotNews.ro

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BMW announces negotiations with employee representatives after a profit warning and efficiency measures. The weakness of the Chinese market and rising costs are affecting the company.
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Aston Martin is discussing with potential financiers to attract additional funds, in the context of strengthening liquidity and supporting the development strategy.
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Volkswagen reported a net profit of 1.54 billion euros in Q2 2026, down 32.9% compared to last year, due to reduced sales in China.
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Stellantis Aston Martin profits Chinese Manufacturers warning
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