Stellantis announces $26 billion hit from business overhaul; shares plunge
Corroborated by 1 source from 1 publisher
globalpolitics2/6/2026
TL;DR
According to cnbc.com, shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 billion) hit from a business reset and hinted at a pull-back from its electrification push.