3 Reasons to Sell Stellantis Stock
Stellantis(STLA) The Motley Fool·2024-10-21 21:45
This massive auto conglomerate looks doomed for failure.Chrysler Group has had a long history of failed European partnerships. It started in 1998 via a merger with Daimler-Benz, which fell apart in 2007 amid cultural incompatibilities and poor synergy. By 2014, what remained of Chrysler merged with the Italian automaker Fiat to make Fiat Chrysler Automobiles. This conglomerate finally merged with France-based PSA Group and is now known as Stellantis (STLA -2.41%), headquartered in the Netherlands. It's sti ...