Stellantis (IT:STLAM) has released an update.
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Stellantis reported a 27% decline in net revenues for the third quarter of 2024, driven by lower deliveries and unfavorable market conditions. The company remains optimistic, confirming its full-year guidance and planning to launch around 20 new models in 2024, including a significant push in electric vehicle offerings. Stellantis also completed a 3 billion euro share buyback program, reflecting its commitment to returning value to shareholders.
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