Stellantis Surges to 372nd in Daily Rankings with 4.74 Billion Turnover Amid Production Challenges
On April 9, 2025, StellantisSTLA-- (STLA) saw a significant surge in trading volume, with a turnover of 4.74 billion, marking a 72.5% increase from the previous day. This surge placed Stellantis at the 372nd position in the daily stock market rankings, with its stock price rising by 18.64%.
Stellantis' Italian auto production continued to decline in the first quarter of 2025, following a significant drop in output in 2024 to nearly a 70-year low. This decline was attributed to the absence of new models, as reported by the FIM Cisl union. The company's decision to halt the production of the Leapmotor T03 small electric vehicle at its Tychy plant in Poland further highlights the challenges it faces in maintaining production levels.
In response to the U.S. tariffs, Stellantis has taken several measures to mitigate the impact on its operations. The company has paused its "American Born" advertising campaign after facing criticism for misleading claims about its vehicles being "built" in the U.S. Additionally, Stellantis has offered employee discounts to the public to boost sales amidst the uncertain economic environment caused by the tariffs. The company has also announced temporary layoffs of 900 workers at five U.S. facilities and paused production at plants in Mexico and Canada.
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