🔴 Stellantis falls 4.3% on weak Q3 shipments and broader market pressure from hot CPI

Stellantis is trading 4.3% lower at $4.26 amidst broader market weakness after hotter-than-expected headline CPI raised rate concerns. - The company's Q3 shipment update on October 13 reported 1.3 million vehicles invoiced, down 1% year over year, with significant declines in North America. - This follows an earlier downgrade from Berenberg to Hold, citing North American margin weakness.