Stellantis pauses paid ads on Twitter after Musk takes over

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<p>By Ben Klayman and David Shepardson</p>
<p><span class="caps">DETROIT</span>/WASHINGTON -Stellantis mentioned on Monday it's pausing all paid promoting posts on Twitter because it waits to see what the platform will seem like beneath the management of its new proprietor Elon Musk.</p>
<p>“We’re pausing paid promoting posts till we now have a clearer understanding of the way forward for the platform beneath its new management,” the automaker mentioned of Twitter in a press release to Reuters. Stellantis was created from the merger of Fiat Chrysler and Peugeot maker <span class="caps">PSA</span>.</p>
<p>Musk has mentioned Twitter has suffered a “huge” income drop since he took over 10 days in the past.</p>
<p>Twitter didn't instantly reply to a request for remark.</p>
<p>Stellantis joins plenty of main corporations which have halted promoting on Twitter, together with United Airways, Normal Mills Inc luxurious automaker Audi of America and Normal Motors Co.</p>
<p>Gilead Sciences Inc mentioned earlier on Monday the corporate and its unit Kite have been within the “technique of pausing promoting” on Twitter.</p>
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