The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an ...
1don MSN
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 shares plunged after announcing a massive writedown, raising questions about whether EV struggles stem from market ...
Stellantis' eleven-figure write-down is the largest in a wave of EV charges on global automakers. For consumers, that means fewer vehicle options.
Stellantis is recording extensive charges of approximately €22.2 billion, largely related to its electric vehicle business. According to the new strategy ...
Think EVs are the latest new and shiny toy? Think again. Electric vehicles have been around for more than 100 years.
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