Stellantis, Renault heads play down merger speculation streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Stellantis, with 61
billion euros in liquidity and strong cash flows, will keep
eyes open for potential acquisitions and merger opportunities,
the automaker s chief financial officer said on.
Elkann spoke about Stellantis activities in Italy, confirmed its current industrial projects and its commitment to ongoing talks with the government, unions and suppliers on boosting automotive production in Italy, the spokesperson said.
France wants to create China-rivalling automotive supergroup drive.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drive.com.au Daily Mail and Mail on Sunday newspapers.
The world’s third-largest automaker is cutting jobs in the US, Italy and France as the auto corporations seek to gain an edge in the highly competitive electric vehicle market.