Stellantis to take $26 billion hit overhauling its business after 'over-estimating the pace of the energy transition'

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Stellantis is expected to take a $26 billion hit as it overhauls its business to accelerate the rollout of electric and hybrid vehicles, citing over-estimation of the pace of the energy transition.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Stellantis said Friday it expects to take a roughly 22-billion-euro ($26 billion) as it overhauls its business to accelerate the rollout of electric and hybrid vehicles.

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Original article published by CNBC on February 6, 2026.
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