Shares in Stellantis, which is listed in Milan, plunged yesterday after it published disappointing earnings, while its French rival Renault also tumbled on the back of the wider concerns despite reporting record profitability.
Stellantis, a 14-brand group that also includes Alfa Romeo, Chrysler, Dodge and Maserati, said net profit in the first six months of the year had been almost halved to €5.6bn (£4.72bn) for the first half of the year.
Its sales fell 14% to €85bn, and were hit by a downturn in Europe and particularly in North America.
Nissan said its operating profit had collapsed 99% to 995m yen (£5.03m) in the three months to 30 June, with worldwide sales flatlining at just under 800,000.
هذه القصة مأخوذة من طبعة July 26, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 26, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Trump's return will help the right 'occupy Brussels', says Hungarian PM
Donald Trump's presidency will boost rightwing political forces in Europe, the Hungarian prime minister, Viktor Orbán, said as he announced an offensive \"to occupy Brussels\".
$Melania First lady follows husband in launching crypto coin
The incoming US first lady, Melania Trump, has followed her husband's lead by launching a multibillion-dollar cryptocurrency meme coin, amid a rally in digital currencies around his return to the White House that sent bitcoin briefly to a fresh record high.
Biden Wards Off Trump 'Revenge' With Pre-emptive Pardons for Family and Trump Critics
Joe Biden used the last day of his presidency to issue pre-emptive pardons to politicians, public servants and his family members in an extraordinary use of presidential power to guard against what he said were \"threats\" by the incoming Trump administration.
'Cashflow is critical' Peterborough Cathedral could run out of money by March, say leaders
Beneath the breathtaking oak ceiling of Peterborough Cathedral, on which images of kings, saints, bishops and a monkey riding a goat were painted nine centuries ago, the Very Rev Chris Dalliston pondered how to keep this magnificent edifice afloat in the face of financial calamity.
Hockney unveils work inspired by Blake for major Paris retrospective
A previously unseen painting by David Hockney has been revealed for the first time before taking its place in the biggest exhibition to be devoted to one of Britain's foremost living artists.
It's worth it Cold fails to deter faithful supporters
In bitter cold, thousands of Donald Trump's faithful gathered at the Capital One Arena in Washington yesterday for a televised viewing of his inauguration, sharing stories of their unwavering support despite not being able to see the new president up close.
Weather bomb' to bring heavy rain and strong winds to UK
A \"weather bomb\" is forecast to hit parts of the UK this week, bringing strong winds, heavy rain and snow.
Trump reels off barrage of planned executive orders focused on immigration
Tech bros assemble Musk accused over gesture
Use of rehabilitation and tags could allow a women's prison to close, says minister
A women's jail in England or Wales should be closed by diverting offenders to other forms of punishment and rehabilitation, the prisons minister, James Timpson, has said.
Guardian defence in Noel Clarke libel case to include 32 witnesses
Thirty-two people are set to give evidence in support of the Guardian's defence of legal action brought against it by the actor and producer Noel Clarke.