Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion ...
16hon MSN
Chrysler parent Stellantis’ shares fall 25% as it takes $26.5 billion write-off amid EV retreat
Stellantis said the massive write-off is the result of a costly reset away from its electrification plans enacted by its previous leadership.
Car buying trends in 2026 highlight rising EV demand, online vehicle purchases, easier financing and growing reliance on auto shipping services across markets.
Stellantis is recording extensive write-downs of approximately €22.2 billion, largely related to its electric vehicle ...
Going forward, Stellantis says it will invest $13 billion in the US, where it plans to add 5,000 jobs as it builds more ...
Stellantis Resets its Business to Meet Customer Preferences and to Support Profitable Growth H2 2025 charges of approximately €22 billion primarily reflect a strategic shift to put freedom of choice ...
Warranty Solutions Group (WSG) has launched a pioneering range of Guaranteed Asset Protection products under its regulated ...
AMSTERDAM – Stellantis N.V. (“Stellantis” or “the Company”) today announced that as part of the reset of its business and as it prepares for the communication of its new strategic plan in May of this ...
A lawsuit the publisher of Blade Runner 2049 brought against Tesla and Elon Musk has advanced after a California judge refused to toss it out.
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