Stellantis takes $26B hit, largest of Detroit 3, on shift away from EVs

Stellantis announced a massive $26 billion write-down, the largest of the Detroit Three, as it rethinks its EV strategy and ...

Stellantis Shares Are Tumbling to Their Lowest Point in Over 5 Years. Here's Why

Stellantis shares sank sharply Friday after the Jeep and Chrysler parent company announced a "reset" of its electric vehicle business and said it expects to post a net loss for 2025 as it records $26 ...

GM and Stellantis got the cash, now Canada wants a refund

As Canada pursues Stellantis and GM, it's hoping to get Hyundai and VW to build cars locally ...

Canada to claim Stellantis, GM owe hundreds of millions to government

The move could escalate tension between Ottawa and the automakers, who have scaled back production in the country.
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Why Canada might sue Stellantis and General Motors

Canada is threatening to open lawsuits against two of Detroit's 'Big Three' Automakers, General Motors and Stellantis. These cases would be for hundreds of millions of dollars in compensation, but ...