MILAN — Stellantis said Oct. 31 that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profits — less than its competitors.

MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported May 5 a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.

Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, in a potential cautionary tale for other governments that are resisting such drastic measures.