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Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

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Summary
Nutrition label

76% Informative

Stellantis slashed its earnings forecast on Monday , citing investments to turn around its U.S. operations.

The carmaker also dropped its operating profit margin guidance to 5.5% to 7.0% , instead of double digits.

The struggling maker of Jeep and Ram is looking for a new CEO to succeed Carlos Taveres .

VR Score

85

Informative language

89

Neutral language

77

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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