Jeep-maker Stellantis reports sharp slide in income as it shifts car or truck portfolio

Maserati’s 1st GranCabrio convertible considering the fact that 2019 is scheduled to go on sale this summer time in the U.S.

Maserati

World automaker Stellantis on Tuesday noted a 12% drop in earnings in the first quarter, citing reduce profits and international trade effects, even as web pricing held firm.

Chief Monetary Officer Natalie Knight stated 12 months-around-calendar year shipment and internet earnings comparisons ended up difficult because of to the company’s transition to a “upcoming era products portfolio manufactured on new platforms.”

This is a breaking information tale and will be current soon.

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