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 ...
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 ...
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 ...