Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and...
NEW YORK - Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to fall.
Stellantis also said adjusted operating income margin had fallen below its double-digit full-year target. Stellantis was created in 2021 from the merger of Fiat Chrysler and France's PSA. Its 14 brands include Alfa Romeo, Citroen, Dodge, Jeep, Maserati, Opel, Peugeot, Ram and others. Last week, Stellantis announced a potential 2,450 layoffs at a suburban Detroit truck assembly plant, where production of the Ram 1500 Classic truck is ending.
NEW ORLEANS, August 15, 2024--The Federal Home Loan Bank of Dallas is pleased to announce that more than $2.8 million was awarded via four Affordable Housing Program grants in U.S. Representative Troy Carter’s district to increase the supply of affordable housing stock for individuals and families in need.EDMONTON — Alberta Premier Danielle Smith says her government will introduce legislation on pronouns in schools after classes begin in September.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United States Mint sourced non-American gold for decades, misled customers and auditorsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Paris Olympics: United States tops medals table at end of Paris OlympicsU.S. edges out China, the last team apart from the U.S. to top the standings, with 126 medals to 91
Read more »
Canadian women's 4x400m relay team places sixth as United States dominateCanada's women's 4x400-metre relay team is excited for what's to come after the Paris Olympics.
Read more »
Paris Olympics: Olivia Reeves wins the United States’ first gold medal in weightlifting in 24 yearsThe U.S. last won an Olympic gold medal in weightlifting in Sydney in 2000, when Tara Nott won the lightest women’s division. That was the first Olympic Games to include women’s weightlifting on the program
Read more »
Woman from United States dead after highway crash in southeastern B.C.Two women were killed and two boys hurt Wednesday in a fatal crash east of Edmonton.
Read more »
Woman from United States dead after highway crash in southeastern B.C.FIELD, B.C. — Police in southeastern British Columbia say one person is dead after a highway crash just outside the community of Field, B.C., near the Alberta boundary.
Read more »