Stellantis shares were headed for their worst-ever day of trading after the maker of Jeep and Ram trucks announced a €22 billion (equivalent to $26 million) charge for “overestimating” how fast ...

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Stellantis announced on Friday that it will take $26.5 billion in charges. Most of the charges relate to cancelled or downsized plans for electric vehicles. Shares were hit hard in Friday trading. As ...

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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 ...

London (CNN) — 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 ...

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 ...

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 ...

Jeep maker Stellantis STLA-6.74%decrease; red down pointing triangle said it would book charges of around $26.15 billion as part of a shift away from electric vehicles amid weaker-than-expected demand ...