Vauxhall maker threatens to quit UK market over net zero crackdown [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
Carlos Tavares, chief executive of Stellantis, said that a law to limit petrol car sales was a “disaster for the UK” that would force manufacturers to sell vehicles at a loss. If ministers did not make urgent changes to the rules, he suggested Stellantis could be required to slash the number of cars it sells in Britain – or even stop selling them here altogether. A source close to the company said the more likely option was to restrict sales in Britain. Asked whether the maker of Vauxhall and Citroën cars could stop selling models in the UK, he replied: “I'm not going to sell cars at a loss.” Mr Tavares blamed sagging demand for electric cars , which were “crashing in the world of reality” due to high prices, poor charging infrastructure and range anxiety among consumers. The “natural” market share of electric cars was currently just half of what car companies are required to sell under regulations brought into force this year, he added. Mr Tavares warned that the Governm
Show less
Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STLA alerts
High impacting Stellantis N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
STLA
News
- Multi-energy platforms and agility a key strength – Stellantis CFO [Yahoo! Finance]Yahoo! Finance
- Electric Vehicle Charging Infrastructure Market Size to Surpass USD 274.49 Bn by 2033 [Yahoo! Finance]Yahoo! Finance
- Ayvens: Integration proceeding well and Q1 2024 financial results in line with plans [Yahoo! Finance]Yahoo! Finance
- AUTOCANADA ANNOUNCES ELECTION OF DIRECTORS AND VOTING RESULTS [Yahoo! Finance]Yahoo! Finance
- Editorial: Red-hot Rockford celebrates its upswing even as its rise flashes a national warning [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 5/1/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/26/24 - Form 6-K
- STLA's page on the SEC website