Stellantis reported a 27% drop in net revenues to €33bn for Q3 2024, primarily due to lower shipments, which fell 20% year-over-year. The company faced declines in revenues across all regions except South America, with North America seeing a 42% plunge. Production gaps and inventory reductions contributed to the weaker results. CFO Doug Ostermann noted progress in addressing operational issues and improving US market share, while also highlighting challenges in Europe due to stringent quality requirements. The company is undergoing management changes and faces potential strikes and pressure from lawmakers. Teljes cikk (Euronews.com)