Stellantis is in a crisis of its own making

Source: The Verge

Stellantis Faces $26.5 Billion EV Write‑Down

Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, in November 2025.
Elisa Marchina/NurPhoto via Getty Images

Demand for EVs has gone glacial, and one automaker after another is running aground:

• General Motors wrote off $7.6 billion.
• Ford removed $19.5 billion from its books.
• Stellantis now confronts a $26.5 billion charge for its misplaced bet on EVs.

The Jeep, Dodge, and Chrysler parent company hasn’t disclosed how much of that sum is directly tied to EV losses, but the write‑down erased about 25 percent of the company’s stock value overnight. While every automaker contends with cooling EV demand and a whipsawing political climate, Stellantis appears the most exposed, partly due to longstanding …

Read the full story at The Verge.