Stellantis said on Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner Elon Musk.
"We're pausing paid advertising posts until we have a
clearer understanding of the future of the platform under its new
leadership," the automaker said of Twitter in a statement to Reuters.
Stellantis was created from the merger of Fiat Chrysler and Peugeot maker PSA.
Musk has said Twitter has suffered a "massive"
revenue drop since he took over 10 days ago.
Twitter did not immediately respond to a request for
comment.
Stellantis joins a number of major companies that have
halted advertising on Twitter, including United Airlines, General Mills Inc
luxury automaker Audi of America and General Motors Co.
Gilead Sciences Inc said earlier on Monday the company and
its unit Kite were in the "process of pausing advertising" on
Twitter.