Stellantis said Friday it expects to take a roughly €22 billion ($26 billion) charge as it reshapes its business to speed the rollout of electric and hybrid vehicles. The move signals a faster turn in ...
Stellantis has published its 2025 financial results, and they make for sobering reading. The headline figure is a €22.3 billion deficit, equal to $26.3 billion at current rates, marking the group’s ...
Stellantis reported a $26.3 billion net loss for 2025 after writing down billions tied to an EV strategy reset, warranty revisions, and workforce reductions, marking its first annual loss since the ...
On February 6, Stellantis reported that it is taking a huge, $26 billion charge to profits, to reflect the cost of the reversal of its EV strategy amid slumping sales. According to CEO Antonio Filosa, ...
Good morning and welcome to The Downshift, or TDS for short. Quick, dense, and lacking fluff, TDS gathers the latest automotive headlines from around the globe and places them in one spot. Stories are ...
Stellantis posted a $26.3 billion loss for 2025. The company blamed changes to the EV market and an overeager approach to electrification. It is Stellantis' first annual loss in company history.
The parent company of brands like Jeep, Ram, and Alfa Romeo already reported it would spend billions to reboot its electric vehicle strategy amid dismal sales and a new regulatory environment. Now, ...
Stellantis is deepening its ties with China’s fast-moving EV sector as it searches for a more efficient path through the electric transition. In 2023, the group inked a deal with Chinese EV startup ...
Since 2024, Stellantis (NYSE: STLA), Ford Motor Company (NYSE: F), and General Motors (NYSE: GM) have traded completely separately despite their business similarities. General Motors has more than ...