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 ...

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 ...

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, 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 ...

Forbes contributors publish independent expert analyses and insights. Julian Hayes II combines wellness, business, and leadership. For some leaders, the brakes have already been pressed. Others have ...