Stellantis NV Stock Price Fluctuations

Stellantis NV, a leading automobile manufacturer, has experienced significant stock price fluctuations in recent days. On Thursday, the company’s stock price increased by 10.01% following a decline of 4.81% on Wednesday.

Market Factors Contributing to Volatility

The stock price volatility is attributed to the impact of trade restrictions imposed by Donald Trump on imports from Mexico and Canada. Additionally, the introduction of tariffs has led to a decline in production, further contributing to the fluctuations.

Business Developments

• Stellantis has partnered with Quanta Energy to establish photovoltaic solar parks at four of its production sites in Poland, aiming to reduce carbon emissions.
• The company has collaborated with Shanghai’s Lingang area to establish an auto parts utilization centre.

Controversies and Criticisms

• Stellantis has faced criticism for allegedly misleading consumers over “Made-in-USA” claims.
• The recent payment of a substantial severance package to Carlos Tavares, the former CEO, has sparked controversy among shareholders.