Stellantis collapsed in a single day after shocking preliminary results, and BMW is a Hold due to weaker cycles. Read more on ...

Stellantis (NYSE: STLA) suffered a historic collapse this morning, plunging more than 25% in a single session, which marks ...

The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification ...

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

The charges are the most costly yet reported by an automaker related to bad bets on EVs. The company’s Europe-listed shares fell more than 20%.

Stellantis' eleven-figure write-down is the largest in a wave of EV charges on global automakers. For consumers, that means ...

"The charges announced today largely reflect the cost of overestimating the pace of the energy transition," CEO Antonio ...

Shares in Stellantis were poised for a record one-day drop, after the Jeep maker said it would book charges of about $26 ...

In the ever-evolving automotive industry, few stories are as compelling as that of Stellantis, the world's fourth-largest automotive group. Once a powerhouse in the market, Stellantis now finds itself ...

Stellantis shares plummeted 25% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat from its electric vehicle ambitions. The automaker ...

Stellantis NV on Friday sold its 49% stake in a Canadian battery plant for $100 after the automaker behind brands including Jeep and Dodge announced $ 26.5 billion in electric vehicle-related losses ...