NEW YORK - Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to fall.
Stellantis also said adjusted operating income margin had fallen below its double-digit full-year target. Stellantis was created in 2021 from the merger of Fiat Chrysler and France's PSA. Its 14 brands include Alfa Romeo, Citroen, Dodge, Jeep, Maserati, Opel, Peugeot, Ram and others. Last week, Stellantis announced a potential 2,450 layoffs at a suburban Detroit truck assembly plant, where production of the Ram 1500 Classic truck is ending.
NEW ORLEANS, August 15, 2024--The Federal Home Loan Bank of Dallas is pleased to announce that more than $2.8 million was awarded via four Affordable Housing Program grants in U.S. Representative Troy Carter’s district to increase the supply of affordable housing stock for individuals and families in need.EDMONTON — Alberta Premier Danielle Smith says her government will introduce legislation on pronouns in schools after classes begin in September.