Stellantis’ (STLAM IM) passenger car production in Italy rose 22% Y/Y in Q1 to 73,841 units; total output increased 9.5% Y/Y to 120,366 vehicles, FIM-CISL union says
Stellantis' production increase signals robust demand in Italy's automotive sector, reflecting positively on the company’s operational strength.
Tesla (TSLA) is developing a new smaller, cheaper EV, according to sources cited by Reuters
Ukraine, with assistance from Norwegian Navy military specialists, is preparing terrorist attacks against Russian vessels in the Barents and Norwegian Seas, according to a military-diplomatic source cited by Russia's TASS news
Stellantis’ (STLAM IM) passenger car production in Italy rose 22% Y/Y in Q1 to 73,841 units; total output increased 9.5% Y/Y to 120,366 vehicles, FIM-CISL union says
German New Car Registrations YoY (Mar) Y/Y 16% (Prev. 3.8%)
OpenAI projects expects USD 2.5bln advertising revenue this year, USD 100bln by 2030, Axios reports citing sources; Projections assume OpenAI's products reach 2.75 billion weekly users by 2030
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- Guides FY26 Italy vehicle production at 500k units (vs 380k Y/Y)
The FY26 guidance of 500k units, a significant increase from last year's 380k, suggests confidence in sustained growth, which could attract investor interest and potentially drive the stock higher. Watch for implications on the broader automobile sector as this could indicate recovery trends or competitive advantages within the industry.
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