Latest News

Jeep owner Stellantis posts record profit on higher prices
Jeep owner Stellantis posts record profit on higher prices
Business and Economy
by  AFP

US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles. Shipments of luxury brand Maserati, which had struggled following the Peugeot-Fiat Chrysler merger that created Stellantis in 2021, rose by more than five percent at 15,300 vehicles.