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Carmaker Stellantis pledges to tackle problems in North America as profits plunge

  • Stellantis CEO Carlos Tavares pledged to address challenges in North America after reporting a 50% drop in first-half earnings.
  • Stellantis's net profits decreased due to lower sales and restructuring costs.
  • Tavares stated that their performance "fell short of our expectations" and emphasized the need for improvements in North America.
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