|Bid||16.35 x 0|
|Ask||18.07 x 0|
|Day's range||16.95 - 17.28|
|52-week range||8.94 - 20.92|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||4.24|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||19 Apr 2021|
|1y target est||N/A|
The leaders of three German states where Opel has factories wrote to the chief executive of the carmaker's owner Stellantis on Thursday, criticising his lack of communication on plans for Opel which they said was eroding public trust in the company. Stellantis disclosed to the press late last month that Opel's Eisenach plant would shut for at least three months due to ongoing global chip shortages. Last week, Stellantis confirmed that it was considering splitting off both the Eisenach plant and Opel's largest plant in Ruesselsheim, Germany into separate legal entities, after newspaper Handelsblatt reported discussions were underway.
Carmaker Stellantis will start a restructuring of its European dealers' network, due to begin in June 2023, with its premium brands such as Alfa Romeo and Lancia, the company's European sales and marketing chief said on Thursday. Stellantis, formed at the start of the year by the merger of Fiat Chrysler and Peugeot maker PSA, announced in May that it would completely restructure its European dealers' network as it seeks to adapt to changes in the industry brought by electrification, including a boom in online sales, and achieve promised post-merger synergies.
The Zacks Analyst Blog Highlights: GM, TSLA, BYDDY, NKLA, and STLA