Stellantis (STLAP FP) executive says they will increase price reductions on new cars sold in France in 2026, in an attempt to get volume back
Stellantis announcing increased price reductions for new cars in France indicates a strategic move to regain market share and boost sales volumes amidst a competitive automotive sector.
Israeli department that oversees government activities in Gaza (COGAT) reportedly says that no date has been set for the opening of the Rafah crossing, Sky News' Parsons reports
Amazon (AMZN) confirms that the Co. will go ahead with 16k job cuts
Stellantis (STLAP FP) executive says they will increase price reductions on new cars sold in France in 2026, in an attempt to get volume back
Porsche AG (P911 GY) appoints Tobias Suhlmann as Head of Design from 1st February, succeeding Michael Mauer who has been in the role for over 20 years
[MARKET ANALYSIS] USTs slightly softer pre-Fed, Bunds await supply, JGBs bid overnight
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This could signal a trend of pricing pressure within the industry, potentially affecting margins and valuation perceptions for Stellantis and its peers, particularly in the European market.
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