Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion

The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an ...

Jeep maker Stellantis announces a reset of its business and massive charges. Shares crumble

Stellantis, the owner of Jeep and Chrysler, announced a “reset” of its business after its enormous investments in electric ...

Stellantis plunges on $27 billion bill for EV pullback

By Giulio Piovaccari MILAN, Feb 6 (Reuters) - Stellantis announced 22.2 billion euros ($26.5 billion) of charges on Friday as ...

Which new cars are coming from Stellantis in 2026?

After a year of changes and large announcements for the automaker, here is a roundup of the vehicles Stellantis confirmed are ...

The Largest Write Off In Car Industry History

Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion ...

Stellantis’ Big Bet On EVs Was A $20 Billion Mistake

Stellantis had high hopes for EVs, but they're now dialing back plans and taking a huge financial hit ...

LG Energy to Take Full Ownership of Battery JV With Stellantis -- Update

Unifor, the Canadian union that represents automotive-assembly workers, said it commends LG Energy for stepping up and taking full control of NextStar, which may employ up to 2,500. The union also ...

Car major Stellantis to book €22.2 bn charges amid EV strategy reset

The Stellantis logo pictured on a banner outside the Opel plant in Eisenach. Martin Schutt/ZB/dpa. Dutch car major Stellantis ...