Stellantis (STLAM IM/STLAP FP) has issued a do-not-drive notice for 225k older US vehicles, due to an airbag issue
Stellantis has issued a do-not-drive notice for 225,000 older vehicles in the US due to an airbag issue, highlighting potential safety concerns that could lead to reputational damage and regulatory scrutiny.
SCHMID SAYS RECENT IMPROVEMENTS IN PRODUCTIVITY COULD BE ABOUT WORKERS STAYING IN JOBS LONGER, AS OPPOSED TO STEMMING SOLELY FROM TECHNOLOGY
US Fed's Schmid (2028 Voter, Hawk) says its appropriate to keep restrictive monetary policy with inflation close to 3%
Stellantis (STLAM IM/STLAP FP) has issued a do-not-drive notice for 225k older US vehicles, due to an airbag issue
TotalEnergies (TTE FP) CEO says they are increasing the cost savings goal to USD 12.5bln saved by 2030 (prev. goal USD 7.5bln)
The CBO forecasts the US deficit to reach USD 3.115tln in FY36, or 6.7% of GDP, averaging 6.1% from FY27 to FY36
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This could impact consumer sentiment and sales figures in the near term, particularly as the automobile industry faces heightened scrutiny over safety standards. Traders should watch for potential stock price volatility and market reaction, especially in European and US sessions.
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