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    STLA   NL00150001Q9

STELLANTIS N.V.

(STLA)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 06/23 04:00:00 pm
16.781 EUR   -1.21%
08:44aStellantis, Russian Railways to Sell Gefco -Reuters
DJ
08:10aEXCLUSIVE : Auto transport firm Gefco put up for sale - sources
RE
06/22NOKIA OYJ  : to allow employees to work remotely for three days a week
RE
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Stellantis's Citroen Charged in French Emissions Fraud Probe

06/10/2021 | 12:02pm EDT

By Mauro Orru

French authorities on Thursday brought preliminary charges against car maker Automobiles Citroen SA on suspicion of consumer fraud in connection with the diesel-emissions scandal.

A spokesman for Stellantis NV, which owns the subsidiary, said Citroen will have to pay a bail of 8 million euros ($9.7 million), and provide a bank guarantee of EUR25 million to cover potential damages. He said the charges are "in connection with the sale of Euro 5 diesel vehicles in France between 2009 and 2015."

The announcement comes after preliminary charges were also filed for Stellantis subsidiary Automobiles Peugeot SA, rival French car maker Renault SA, and Volkswagen AG.

Bringing preliminary charges in the French judicial system means prosecutors have enough evidence to deepen an investigation and a judge can then either order the company to stand trial or dismiss the charges.

"Automobiles Citroen SA is also in the process of assessing its defense options in this respect," the spokesman said.

-Julien Marion contributed to this article

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

06-10-21 1201ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.18% 33877.55 Delayed Quote.10.91%
RENAULT 0.41% 35.2 Real-time Quote.-1.97%
STELLANTIS N.V. -0.13% 16.958 Real-time Quote.0.00%
STELLANTIS N.V. -0.20% 16.952 Delayed Quote.15.87%
VOLKSWAGEN AG -2.44% 217.95 Delayed Quote.46.57%
All news about STELLANTIS N.V.
08:44aStellantis, Russian Railways to Sell Gefco -Reuters
DJ
08:10aEXCLUSIVE : Auto transport firm Gefco put up for sale - sources
RE
06/22NOKIA OYJ  : to allow employees to work remotely for three days a week
RE
06/22GLOBAL MARKETS LIVE : Netflix, Boeing, Tesla, Delta Air Lines, Blackstone Resour..
06/22STELLANTIS N  : TotalEnergies Expands Partnership With Stellantis
MT
06/22TOTALENERGIES  : Stellantis Add Electric Vehicles To Extended Five-Year Partners..
MT
06/22STELLANTIS N  : TotalEnergies renews its global partnership with Peugeot, Citroë..
PU
06/21STELLANTIS N  : CERN lays first stone of Science Gateway
PU
06/18STELLANTIS N  : UK Antitrust Board Issues Ruling in Favor of Stellantis' Price-F..
MT
06/18GLOBAL MARKETS LIVE : JP Morgan, Boeing, Adobe, eBay, Amazon...
More news
Financials
Sales 2021 154 B 184 B 184 B
Net income 2021 7 434 M 8 872 M 8 872 M
Net cash 2021 14 921 M 17 807 M 17 807 M
P/E ratio 2021 6,98x
Yield 2021 3,59%
Capitalization 53 081 M 63 404 M 63 346 M
EV / Sales 2021 0,25x
EV / Sales 2022 0,21x
Nbr of Employees 204 000
Free-Float 63,7%
Chart STELLANTIS N.V.
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Stellantis N.V. Technical Analysis Chart | MarketScreener
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Technical analysis trends STELLANTIS N.V.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Last Close Price 16,99 €
Average target price 19,53 €
Spread / Average Target 15,0%
EPS Revisions
Managers and Directors
NameTitle
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Henri de la Croix de Castries Senior Independent Non-Executive Director
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