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Stellantis Takes $26 Billion Hit Amid Business Overhaul | Rimac in Talks to Fully Acquire Bugatti | Stellantis Takes $26 Billion Hit Amid Business Overhaul | Rimac in Talks to Fully Acquire Bugatti

Automotive / Business

Stellantis Takes $26 Billion Hit Amid Business Overhaul

Stellantis (STLA) shares plummeted after the automaker announced it expects a 22-billion-euro ($26 billion) hit from a business reset, hinting at a recalibration of its electrification strategy. The announcement led to a sharp decline in st...

Stellantis Takes $26 Billion Hit Amid Business Overhaul Image via CNBC
Stellantis shares plunge 23% after automaker announces $26 billion hit from business overhaul
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