The largest US automaker by would take a $6 billion charge to unwind some electric-vehicle investments. Global carmakers have booked some $55 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough US market under President Donald Trump, price wars in China and a more complex mix of… Continue reading Global carmakers book $55 billion hit from EV rollback
Tag: FCA
Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales. Go to Source
How America’s EV retreat is increasing China’s control of global markets
Employees work on the assembly line of new energy vehicles (NEVs) at a workshop of China FAW Group’s Hongqi Fanrong Plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of… Continue reading How America’s EV retreat is increasing China’s control of global markets
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a… Continue reading Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
@FCA: Chris Feuell Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show
February 6, 2026 , Chicago – Chicago Auto Show organizers, in partnership with A Girls Guide to Cars, present Stellantis’ Chris Feuell, Chrysler brand CEO and head of Alfa Romeo brand North America, with the What Drives Her Trailblazer Award at an event held during the media preview for the 2026 Chicago Auto Show on Friday,… Continue reading @FCA: Chris Feuell Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show
German FAZ: Stellantis cancels electric cars and writes off billions – the share price falls by 28 percent010540
The Opel parent company Stellantis has to write off 22 billion euros and cancel the dividend in order to “put customers and their preferences back at the center of our actions”. The second largest European car manufacturer and VW competitor announced this on Friday at its headquarters in Amsterdam. The stronger customer orientation should primarily… Continue reading German FAZ: Stellantis cancels electric cars and writes off billions – the share price falls by 28 percent010540
German FAZ: Stellantis in free fall010539
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010539
German FAZ: Kia’s smallest edge 010540
There is a lot of movement in the world of small electrical boxes. Renault has the R4 with cult status at the start, Fiat is introducing the Grande Panda, in Wolfsburg a remarkably impressive trio is warming up to the VW Polo, and we’ve probably forgotten one or two. Strength of character can hardly do… Continue reading German FAZ: Kia’s smallest edge 010540
German FAZ: Stellantis in free fall010540
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010540
Chris Feuell, Chrysler Brand CEO and Head of Alfa Romeo North America, Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show
CHICAGO, Feb. 6, 2026 /PRNewswire/ — Now in its ninth year, What Drives Her Trailblazer Award given by Chicago Auto Show organizers in partnership with A Girls Guide to Cars Award recognizes women who are changing the auto industry from the inside Feuell among those honored at awards program held during media preview for the… Continue reading Chris Feuell, Chrysler Brand CEO and Head of Alfa Romeo North America, Receives What Drives Her Trailblazer Award at 2026 Chicago Auto Show