Market Chatter: Stellantis Increases Orders to Roughly $8.15 Billion with Italian Suppliers

MT Newswires Live12-10

Stellantis (STLA) raised its order commitment to over 7 billion euros ($8.15 billion) with Italian suppliers, Bloomberg News reported Wednesday, citing Chief Executive Antonio Filosa.

The company had reportedly planned 6 billion euros in orders for 2025 but is now exceeding that target this year.

In addition to the orders, Stellantis has already invested 2 billion euros in its Italian manufacturing sites, the news outlet quoted Filosa as saying.

Stellantis did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 11.76, Change: +0.08, Percent Change: +0.64

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