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The Economic Times
The Economic Times

Stellantis says to invest 60 bn euros over five years

Stellantis Europe FIAT

Auburn Hills: Jeep and Fiat owner Stellantis said Thursday that it would invest 60 billion euros over five years as it aimed to reduce its production capacities in Europe.

The markets reacted with a drop of more than six percent in the share price, with trading briefly suspended in the aftermath.

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