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Published 18:32 IST, September 30th 2024
European autos stocks wipe off $10 billion after Stellantis warning
The rout wiped off nearly $10 billion from the market value of the STOXX Auto & Parts index with Stellantis, listed in Paris and Milan, falling 14% after slashing forecasts and saying it would burn more cash than initially expected.
Stellantis earnings outlook | Image:
Stellantis
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18:32 IST, September 30th 2024