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International Business Times
International Business Times
Business
AFP News

Shares In Stellantis, Aston Martin Skid On Profit Warnings

Stellantis has struggled to get rid of inventory in the United States (Credit: AFP)

Shares in Jeep-maker Stellantis and Britain's Aston Martin tumbled on Monday after both companies joined European rivals in cutting their profit forecasts.

European auto giant Stellantis, whose other top brands include Peugeot, Ram and Fiat, cited efforts to improve its US business as well as competition from Chinese automakers.

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