3Wk·

I bought again to lower my buy-in. I think the automotive sector will recover in the future. 🚙

29.10
Stellantis logo
Bought x63.29 at €12.66
€801.13
12
8 Comments

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I don't really think so. The product is very difficult to scale and is not particularly profitable. There are also more and more competitors.
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Apart from the share, because I haven't looked into it any further:
I think the Stellantis engines are really good, I had a Fiat Hybrid on Malle and despite the many mountains it was really economical👍

Only the workmanship of the interior of Fiat and Opel really sucks 😅
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The market has completely shifted. The Chinese are taking away volumes from EVERY long-established car manufacturer. Recovery only possible through possible healthy shrinkage, which can also lead to bankruptcy
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I also bought 320 at 12.40€, but I will not keep them form long, as soon I have a small profit I sell them, normally at the same week I sell them 🤣 it depends on the market, but don't keep them for too long, as soon you have a profit sell it 🤣🤣🤣🤣
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