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S&P downgrades Stellantis credit rating (2)

Agency concerned about weak growth margins

S&P downgrades Stellantis credit rating (2)

Redazione Ansa

(ANSA) - ROME, MAR 6 - S&P said Thursday that it has downgraded the credit rating of Stellantis from BBB+ to BBB due to concerns about the weak growth margins of the Italian-American-French auto group.
    The ratings agency forecast that difficulties in obtaining credit for consumers in North America and Europe will limit Stellantis's ability to boost volumes.
    It also mentioned the issue of tariffs. (ANSA).
   

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