Stellantis revenues slide as automaker cuts bloated inventories | REUTERS

Reduced shipments and lower pricing power slashed Stellantis revenue by 27% in the third quarter, the automaker said, as it seeks to fix bloated inventories and poor commercial performance that led to a major profit warning last month. #News #Reuters #Newsfeed #stellantis #results #automaker Read the story here: https://reut.rs/3NKEttF 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en