Stellantis Faces $26B Write‑Down: Can the Auto Giant Bounce Back?
Stellantis, one of the world’s leading automotive manufacturers, recently reported a staggering $26 billion write‑down tied to its electric vehicle business. The announcement shook investors and sparked fresh debate in the stock market about the company’s future direction, strategic choices, and profitability outlook. This write‑down represents a reassessment of the value of certain EV assets and reflects key challenges in the rapidly changing global auto industry.
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