tradingkey.logo

Automaker Stellantis books 22.2 bln euro writedowns in H2 2025 in EV pullback

ReutersFeb 6, 2026 7:16 AM

- Stellantis STLAM.MI said on Friday it was booking charges of around 22.2 billion euros ($26.5 billion)in the second half of last year as the Franco-Italian automaker scales down electric-vehicle development plans and launches a "strategic shift".

The company said it now saw a preliminary loss of between 19-21 billion euros in the second half of 2025.

($1 = 0.8477 euros)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI