Stellantis expects to exceed its annual margin target in the first half of the year

Stellantis announced Thursday that it is expected to exceed its annual margin target in the first half of the year thanks to prices and the mix of its vehicle sales. / Photo taken on June 10, 2021 / REUTERS / Rebecca Cook

REBECCA COOK

PARIS (Reuters) – Stellantis said on Thursday that it is expected to exceed its annual margin target in the first half of the year thanks to vehicle prices and sales mix.

The automotive group, which presented its electrification strategy on the same day, indicated that its current operating margin for the first half of 2021 should exceed the range of 5.5% to 7.5% previously communicated for the entire year. , despite volume losses compared to planned production.

(Report Gilles Guillaume, edited by Jean-Michel Bélot)


Source: Challenges en temps réel : accueil by www.challenges.fr.

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