MILAN, Oct 31 (Reuters) - Automaker Stellantis said on Thursday its revenues fell by 27% year-on-year to 33 billion euros in the third quarter, as the company reported progress on reducing its inventories. Analysts were expecting revenues of 31.1 billion euros, according to a Reuters poll. Stellantis ( STLA ) said total inventory stood at 1.33 million units as of...

Oct 24 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Addison Lee to be bought by Singapore-listed group in 269 mln pounds deal - UK ministers explore using break clauses in asylum housing contracts - Arm cancels Qualcomm's ( QCOM )...

MILAN, Oct 31 (Reuters) - Stellantis' ( STLA ) inventory reduction in the United States is running at a faster rate than expected, CFO Doug Ostermann said in a call on Thursday on third-quarter results. Ostermann said product gaps were the main reason for a decline in shipments, adding that these headwinds were expected to diminish, especially next year. The...

Swedish EV manufacturer Polestar Automotive Holding shares are trading lower on Wednesday. The company now provides its customers access to 17,800 Tesla, Inc. ( TSLA ) Superchargers across North America, adding to its existing offerings in Europe and China. “Through our partnerships with charging providers, we offer our customers a convenient and unique charging experience: accessible, fast, easy to use...