Aston Martin and Stellantis shares slump after profit warnings
WEB1 day ago — Aston Martin shares shaken after profit warning. Luxury carmaker Aston Martin's share price sank more than 20% after it said profits will be lower than expected this year. The company, famed for ...
Stellantis and Aston Martin shares sink as they become latest car ...
WEB5 hours ago — Stellantis and Aston Martin shares sink following profit warning. Aston Martin saw shares drop 24% yesterday and Stellantis wasdown 15%. Both issued profit warnings due to global economic dynamics. Aston Martin will also cut production this year by around 1,000 cars. These announcements follow similar news from VW, BMW and Mercedes-Benz.
Stellantis and Aston Martin shares drop sharply after profit
WEBThe Stellantis and Aston Martin profit warnings come days after German automaker Volkswagen once more slashed its own annual outlook on Friday, now guiding for an operating return on sales of 5.6% ...
Stellantis and Aston Martin blame weaker China demand for …
WEB1 day ago — Stellantis and Aston Martin have become the latest European carmakers to issue profit warnings as the industry is hammered by competition from cheaper Chinese rivals. In recent weeks, Germany’s ...
Stellantis and Aston Martin shares drop sharply after profit …
WEB1 day ago — Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes. The French-Italian conglomerate, known for brands such as Chrysler, Dodge, Jeep and Maserati, warned of lower ...
Aston Martin warns of lower profit on supply chain, China woes
WEB1 day ago — Sept 30 (Reuters) - British luxury carmaker Aston Martin (AML.L) on Monday warned of lower annual core profit and said it no longer expects to achieve positive free cash flow in the first half ...
Shares in automakers Stellantis and Aston Martin skid on profit ...
WEB23 hours ago — Aston Martin also cited the Chinese market as it trimmed its financial guidance for this year, saying its core profit is now expected to be “slightly below” the previous year’s. The company’s shares were down more than 20 percent to ￡1.27 (US$1.70) in late morning deals in London. Aston Martin, famous for …
Aston Martin Cuts Outlook on Supply Chain Issues, Weak China
WEB1 day ago — Aston Martin Lagonda Global Holdings Plcis lowering its prediction for the year with the sports-car maker blaming supply chain disruptions and weak demand in China. The manufacturer now sees ...
Shares In Stellantis, Aston Martin Skid On Profit Warnings
WEB1 day ago — Stellantis shares sank by almost 14.7 percent to close at 12.40 euros ($13.82) on the Paris stock exchange. "While this is a highly anticipated profit warning ... the magnitude surprises," UBS ...
European autos stocks wipe off $10 bln after Stellantis warning
WEB1 day ago — By 0928 GMT, Volkswagen shares were down 2.6% in Frankfurt, while Aston Martin in London sank 20%. In Paris, Renault (RENA.PA) , opens new tab was down around 6%, while the broader STOXX 600 ...
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