1 day ago · Stellantis said it expects to take a 22-billion-euro ($26 billion) as it overhauls its business to accelerate the rollout of electric and hybrid vehicles.

1 day ago · Stellantis shares plunged after the Jeep maker said it would book charges of about 22.2 billion euros ($26.15 billion) as part of a shift away from electric vehicles, the latest automaker to dial ...

1 day ago · Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric vehicles failed to pay off .

1 day ago · Stellantis takes a $26.5 billion charge as the automaker cuts electric vehicle production after misjudging consumer demand. The company joins Ford and GM in EV financial hits.

1 day ago · Stellantis swallows $26 billion costs as it rethinks its EV strategy The automaker follows Ford and GM in writing down huge sums after betting wrong.

1 day ago · More pain is likely ahead for Stellantis NV and suppliers as the automaker takes a whopping $26.5 billion in charges to unwind its electric vehicle investments, analysts said Friday. The company ...

1 day ago · Stellantis just announced a $26 billion charge as it resets its EV strategy — the latest in a four-month trend. Ford, GM, and Volkswagen announced similar multibillion write-downs as US EV ...

1 day ago · 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 ...

1 day ago · Stellantis’ massive write-off comes after GM (GM) took a cumulative $6.6 billion hit from its EV business in December, which followed Ford’s (F) $19.5 billion charge in the same month.

1 day ago · 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 ...