Serbian President Aleksandar Vucic said on Sunday he expects automaker Stellantis to produce an electric Fiat Panda city car in the central town Kragujevac. Vucic who spoke after meeting Italian Prime Minister Giorgia Meloni did not give any specific date for the production launch. Vucic said that the production of electric Panda would boost trade between Italy and Serbia above the current 4.6 billion euros a year.
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According to the average brokerage recommendation (ABR), one should invest in Stellantis (STLA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?