Stellantis faces multiple challenges amid falling sales and labor tensions
Stellantis, a major player in the automotive industry with a portfolio of well-known brands such as Chrysler, Fiat, Jeep, Peugeot and Ram, is facing a number of significant obstacles. The company has seen a worrying decline in both sales and profits. Retailers have increasingly expressed their frustration at the excess of unsold inventory, directing their disappointment at both Stellantis and its CEO, who have faced harsh criticism for the situation. Additionally, the company's stock value has nearly halved since reaching its peak in March. This Monday, Stellantis announced that its annual profits will likely be lower than previously expected, primarily…
