Jeep maker Stellantis reinstates financial guidance but flags 'tough decisions' ahead
1. Stellantis reports €2.3 billion loss, down from €5.6 billion profit last year. 2. Net revenues declined 13%, heavily impacted by the North American market. 3. Company reinstates financial guidance, anticipates gradual recovery in second half. 4. CEO emphasizes commitment to strategic improvements and new product launches. 5. Shares dropped 4.5% on the news, reflecting market sentiment.