UPDATE 1-Stellantis pauses paid ads on Twitter after Musk takes over

2 weeks ago 57

FILE PHOTO: The logo of Stellantis is seen connected a company's gathering successful Velizy-Villacoublay adjacent Paris, France, February 1, 2022. REUTERS/Gonzalo Fuentes

DETROIT/WASHINGTON (Reuters) -Stellantis said connected Monday it is pausing each paid advertizing posts connected Twitter arsenic it waits to spot what the level volition look similar nether the enactment of its caller proprietor Elon Musk.

“We’re pausing paid advertizing posts until we person a clearer knowing of the aboriginal of the level nether its caller leadership,” the automaker said of Twitter successful a connection to Reuters. Stellantis was created from the merger of Fiat Chrysler and Peugeot shaper PSA.

Musk has said Twitter has suffered a “massive” gross driblet since helium took implicit 10 days ago.

Twitter did not instantly respond to a petition for comment.

Stellantis joins a fig of large companies that person halted advertizing connected Twitter, including United Airlines, General Mills Inc luxury automaker Audi of America and General Motors Co.

Gilead Sciences Inc said earlier connected Monday the institution and its portion Kite were successful the “process of pausing advertising” connected Twitter.

Reporting by Ben Klayman successful Detroit and David Shepardson successful WashingtonEditing by Chris Reese

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