Jeep maker Stellantis said it would book charges of about $26 billion, the latest automaker to flush out massive investments in electric vehicles that many Americans are still reluctant to buy. The ...

Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric vehicles failed to pay off. The company said Friday that it would take ...

Stellantis (STLA) took a €22B charge for H2 2025 to reset its electric vehicle strategy amid weak demand. Stellantis operating income collapsed in 2024, and gross margins compressed. The charge will ...

Jeep maker Stellantis said it would book charges of about 22.2 billion euros ($26.15 billion) as part of a shift away from electric vehicles amid weaker-than-expected demand, the latest automaker to ...