By Kim Richters
Stellantis NV said Wednesday that it expects an adjusted operating income margin of between 5.5% and 7.5% for 2021, its first year as a newly combined auto maker.
Stellantis, which was created through the merger of Fiat Chrysler Automobiles NV and Peugeot SA, said the target, which relates to operating income adjusted for items like restructuring, assumed no significant lockdowns amid the coronavirus pandemic.
The board also...