Stellantis CFO Says Our Target Is To Cut Inventories In North America By 100,000 Units By Start Of 2025
Portfolio Pulse from Benzinga Newsdesk
Stellantis aims to reduce its North American inventories by 100,000 units by early 2025, as stated by the company's CFO at the 2024 Bank of America European Autos and Future Car Virtual Conference.
September 23, 2024 | 2:06 pm
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Stellantis is targeting a reduction of 100,000 units in its North American inventories by the start of 2025, as announced by the CFO. This move could improve operational efficiency and potentially impact stock prices.
Reducing inventories by 100,000 units could lead to improved cash flow and operational efficiency for Stellantis. This strategic move is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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