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Stellantis NV Champions Diversity and Strategic Focus with €5.6 Billion Profit and Comau Divestiture Amidst Industry Headwinds

One Equity Partners to become majority shareholder in Comau; Stellantis remains active, aims to expand automation and robotics through strategic agreement signed in January 2021

Stellantis reports €85 billion net revenue in H1 2024, down 14%; net profit drops 48% to €5.6 billion, attributed to lower volume and mix, foreign exchange, and restructuring costs

Stellantis and Tweddle Group to enhance Dealer Connect web portal with new analytics; technicians can log complaints, causes, and corrective actions to optimize repairs and product quality

Stellantis extends €12 billion revolving credit facility's maturity and amends terms; facility includes 29 banks with tranches of €6 billion each, maturing in July 2027 and July 2029

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