Stellantis CFO Says Moving To Have 80% Of Supply Coming From Best Cost Countries From 2028
Portfolio Pulse from Benzinga Newsdesk
Stellantis plans to source 80% of its supply from best cost countries by 2028, as stated by its CFO at the 2024 Bank of America European Autos and Future Car Virtual Conference.
September 23, 2024 | 2:25 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stellantis is planning to source 80% of its supply from best cost countries by 2028, which could lead to cost reductions and improved margins.
The move to source 80% of supply from best cost countries is likely to reduce costs and improve margins for Stellantis, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100