Stellantis beats forecasts, looks to cost cuts to keep margins strong

Stellantis beats forecasts, looks to cost cuts to keep margins strong

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Revenue and operating profit grew at Stellantis STLA-N in the first half to beat estimates, with CEO Carlos Tavares saying the automaker would have to accelerate cost cutting to keep profitability strong in a more challenging pricing environment. The world’s third largest automaker by sales said…

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