Stellantis shares plunge 27% as costly reset exposes risks of racing ahead of EV demand

Tekedia | 07-02-2026 11:52pm |

The scale of Stellantis’ writedown is less about one bad year and more about a strategic reckoning facing legacy carmakers caught between political ambition, consumer reality, and intensifying global competition. Shares in Stellantis suffered one of their steepest single-day falls in years on Friday after the automaker warned that a sweeping business reset would cost

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