The EV retreat just saw its biggest charge yet — a $26 billion write-down from Jeep-maker Stellantis [Business Insider]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Stellantis just announced a $26 billion charge as it resets its EV strategy — the latest in a four-month trend. Ford, GM, and Volkswagen announced similar multibillion write-downs as US EV demand cools. Investors punished the stock, sending shares down more than 25% on Friday morning. Another Detroit automaker is paying a steep price as it pulls back from electric vehicles. Stellantis — the global auto giant behind brands like Jeep, Dodge, Ram, and Chrysler — said Friday that it would take a €22 billion ($26 billion) charge tied to a sweeping reset of its electric-vehicle strategy. It's the largest in a wave of recent EV-related write-downs by major global automakers. In September, Volkswagen recorded a $3.5 billion charge linked to its electric division. Ford followed that up in December with a $19.5 billion charge as it canceled plans
Show less
Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STLA alerts
High impacting Stellantis N.V. Common Shares news events
Weekly update
A roundup of the hottest topics
STLA
News
- Ademi LLP Investigates Claims of Securities Fraud against Stellantis N.V.PR Newswire
- Stellantis takes massive $26B hit after moving away from EVs [Yahoo! Finance]Yahoo! Finance
- Stellantis shocking announcement leads to huge stock decline [Yahoo! Finance]Yahoo! Finance
- Stellantis announces $26 billion hit from business overhaul; shares plunge [MSNBC.com]MSNBC.com
- Stellantis stock plunges on $26B hit as it pivots away from EVs [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 2/6/26 - Form 6-K
- 1/29/26 - Form 6-K
- 1/14/26 - Form 6-K
- STLA's page on the SEC website