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Stellantis sees things going from bad to worse

Quartz
Summary
Nutrition label

82% Informative

Stellantis has slashed its full-year financial expectations.

The Dutch -based automaker blamed performance issues in the market as well as “deterioration” in the global automotive industry.

The automaker has pushed up its timeline to lower U.S. dealer inventory to the end of 2024 , from the first quarter of 2025 .

VR Score

79

Informative language

76

Neutral language

48

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

16

https://www.reuters.com/business/autos-transportation/volkswagen-cuts-2024-outlook-macroeconomic-headwinds-2024-09-27/https://fortune.com/europe/2024/09/11/bmw-cuts-2024-outlook-braking-system-recall-million-cars/https://qz.com/stellantis-chrysler-family-heir-buy-back-brands-dodge-1851636685https://www.stellantis.com/en/news/press-releases/2024/july/first-half-2024-results#:~:text=AMSTERDAM%20%E2%80%93%20Stellantis%20N.V.,5)%20decreased%2035%25%20y%2Do%2Dy.https://www.wsj.com/business/autos/mercedes-benz-group-cuts-full-year-outlook-citing-macroeconomic-deterioration-8f9329a2https://instagram.com/qzhttps://qz.com/ford-stellantis-tesla-weak-profits-q2-earnings-gm-evs-1851604592#:~:text=Stellantis%2C%20which%20owns%20brands%20like,foreign%20markets%2C%20namely%20North%20America.https://qz.com/stellantis-uaw-autoworkers-file-federal-labor-charges-1851649357https://qz.com/stellantis-uaw-strike-shawn-fain-dodge-durango-disaster-1851651039https://www.bloomberg.com/news/articles/2024-09-30/aston-martin-cuts-outlook-on-supply-chain-issues-weak-chinahttps://www.facebook.com/quartznewshttps://qz.com/stellantis-jeep-car-dealers-business-brand-1851648799?_gl=1*as6hvc*_ga*MTcyMjg2Nzk5Mi4xNzA1NDMwMzM4*_ga_V4QNJTT5L0*MTcyNzY5NjI0NC41Mi4xLjE3Mjc2OTc4OTQuMjQuMC4whttps://www.globenewswire.com/news-release/2024/09/30/2954870/0/en/Stellantis-Updates-2024-Financial-Guidance.htmlhttps://qz.com/chinese-ev-electric-car-government-funding-tariffs-byd-1851553114https://twitter.com/qzhttps://qz.com/quote/STLA

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