Transportation

Stellantis Falls on Forecast for Little Recovery From Dire Year

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Stellantis NV expects profitability to remain lackluster this year as the automaker struggles to revive flagging sales while searching for a new chief executive officer.

The manufacturer is guiding for a mid-single digit adjusted operating income margin in 2025, compared with 5.5% last year. The forecast issued Wednesday is a far cry from the double-digit returns Stellantis was projecting in early 2024.