Carmaker Stellantis swings back into profit as sales climb

Global automaker Stellantis — owner of the Jeep and Fiat brands — said Thursday it had swung back into profit in the first quarter, but failed to convince investors ahead of presenting its new strategy. The 14-brand group, which also include Peugeot and Chrysler, posted a net profit of 377 million euros ($440 million) in January […] The post Carmaker Stellantis swings back into profit as sales climb appeared first on Digital Journal.