|Bid||12.86 x 0|
|Ask||14.21 x 0|
|Day's range||13.51 - 14.05|
|52-week range||3.98 - 19.35|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||3.39|
|Forward dividend & yield||1.04 (7.58%)|
|Ex-dividend date||19 Apr 2022|
|1y target est||N/A|
While many investors in the United States may not be immediately familiar with the name Stellantis (NYSE: STLA), they are almost certainly familiar with some of the companies within in its portfolio, Jeep, Dodge, and Ram, which sell some of the most popular vehicles in the United States. Stellantis is also home to some of Europe's largest automakers, such as Peugeot, Opel, and Fiat, and the luxurious Maserati. Stellantis came into being in early 2021 when Fiat Chrysler officially completed its merger with PSA Group (the parent company of Peugeot, Opel, and others).
The U.S. government is considering filing a trade deal complaint over alleged labor abuses against a car parts plant in Mexico owned by Netherlands-based Stellantis, two Mexican labor officials told Reuters. If the U.S. Trade Representative takes up the probe into Teksid Hierro de Mexico, in the northern border state of Coahuila, it would mark the fourth labor complaint against a foreign company in Mexico since the United States-Mexico-Canada Agreement (USMCA) went into effect in 2020 with the aim of improving conditions at Mexican workplaces. The U.S. Trade Representative's office and the Department of Labor declined to comment.
Volkswagen (VWAGY) and Stellantis (STLA) announce that they will pay settlement fines of $242 million and $300 million, respectively, over emission scandals.