Stellantis shares plunge 27% after automaker announces $26 billion hit from business overhaul

Stellantis said it expects to take a 22-billion-euro ($26 billion) as it overhauls its business to accelerate the rollout of ...

Jeep maker Stellantis announces a ‘reset’ of its business and massive charges. Shares crumble

Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric ...

Stellantis stock drops 24% after earnings. There goes the dividend.

Billions in EV-related charges and no dividend have Stellantis stock down sharply.

Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge

The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification ...

Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion

The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an ...
TheTruthAboutCars.com on MSN

Stellantis Reports Net Loss for 2025 Due to $26.2 Billion Charge

Stellantis N.V. officials revealed the company will post a net loss when it reports its full-year earnings later this month, ...

LG Energy Solution to Buy Canada JV Stake From Stellantis for $100 as EV Demand Falters

LG Energy Solution launched a series of battery joint ventures with major automakers in North America during the ...
electrive.com

Stellantis writes off €22.2 billion in electric vehicle business

Stellantis is recording extensive write-downs of approximately €22.2 billion, largely related to its electric vehicle ...