Stellantis says it will book about $26.5B in charges/write-downs as it resets EV plans. Shares fell ~14%. CEO Antonio Filosa ...

Stellantis shares recovered slightly after crashing Friday on news of its $26.5 billion EV calamity. This could prompt action ...

STELLANTIS could be running out of road after a jaw-dropping $26.5 billion EV write-down. The multinational carmaker, which owns some of the world’s best-known brands, has taken a major financial ...

Stellantis' eleven-figure write-down is the largest in a wave of EV charges on global automakers. For consumers, that means ...

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

Stellantis has admitted to losing touch with the “real-world” needs of drivers and revealed a €22bn charge tied to its ...

Stellantis shares plummeted 25% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat from its electric vehicle ambitions. The automaker ...

Jeep, Ram and Chrysler owner joins growing list of automakers rethinking electric ambitions amid slowing uptake.

When FCA and the PSA Group merged, the US and Europe were heading in roughly the same direction in terms of reducing vehicle ...

Stellantis grapples with a monumental EV setback—one analyst calls it the "biggest capital allocation mistake" in auto ...

Stellantis NV on Friday sold its 49% stake in a Canadian battery plant for $100 after the automaker behind brands including Jeep and Dodge announced $ 26.5 billion in electric vehicle-related losses ...

However, Stellantis, which owns brands such as Jeep and Fiat, is now evaluating options to limit losses as EV demand has ...