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The Independent UK

National

Via AP news wire

Italy's carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

Stellantis United States Italy

Copyright 2023 The Associated Press. All rights reserved

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Italy's Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.

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