economy

February 6, 2026

Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge

The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification plans and reintroducing V8 engines.

Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge

TL;DR

  • Stellantis announced $26 billion in charges.
  • The charges are from a business restructuring.
  • Electrification plans are being pulled back.
  • V8 engines are being reintroduced.

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