|Bid||19.00 x 3100|
|Ask||19.69 x 1100|
|Day's range||19.58 - 19.79|
|52-week range||12.11 - 21.99|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||4.18|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||19 Apr 2021|
|1y target est||25.52|
Italian car part suppliers see their small average size struggling to adapt to industry changes following the merger of local carmaker Fiat Chrysler with France's PSA which created Stellantis earlier this year, a lobby survey showed on Thursday. Most of the Italian parts suppliers surveyed by Italian automotive industry lobby ANFIA did not give a final judgment about consequences of the creation of Stellantis, the world's fourth largest carmaker. "There is a problem with size and this is an issue, especially in terms of investments, when businesses need to refocus their productions," said Marco Stella, head of the components sector at ANFIA, noting that Italy did not have large car part suppliers like Germany.
Stellantis (NYSE: STLA), the multinational owner of Jeep, Ram, Dodge, Chrysler, Fiat, Peugeot, and many other car brands, announced plans for a new North American EV battery factory. Foxconn (OTC: FXCNF), a Taiwanese electronics manufacturer now allied with EV start-ups Fisker (NYSE: FSR) and Lordstown Motors (NASDAQ: RIDE), showed the world a trio of EV prototypes. The partnership plans to launch a joint venture making 40 gigawatt-hours (GWh) of EV batteries yearly.
Stellantis (STLA) and LG Energy ink deal to build lithium-ion battery factory in North America to step up EV capabilities.