Stellantis reports $4.5 billion cash drain as massive turnaround plan continues

Stellantis reported a 4 billion euro cash shortfall in the third quarter, the company announced Wednesday. The automaker did not specify the causes of the drain in its statement. Stellantis is currently executing a restructuring plan that includes factory closures and workforce reductions across multiple regions.

• CNBC Tech — Stellantis reports $4.5 billion cash drain as massive turnaround plan continues

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