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StockNews.com
StockNews.com
Business
Dipanjan Banchur

1 Upgraded Auto Stock to Check out This Week

Netherlands-based Stellantis N.V. (STLA) is the fifth-largest automaker in the world. It is the company behind major automotive brands like Abarth, Alfa Romeo, Chrysler, Citroën, DS, Dodge, Fiat, Fiat Professional, Jeep, Maserati, Ram, Opel, Lancia, Vauxhall, and Peugeot.

STLA’s consolidated shipments rose 13% year-over-year in the third quarter to 1,281K units. Its total new vehicle inventory stood at 926K on September 30, 2022. Its global BEV sales increased 41% year-over-year to 68K units.

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