Stellantis Reports Massive $26.3 Billion Loss But Improves Second Half Results as Recovery Slowly Starts
Big Three automaker Stellantis (STLA) reported a massive full-year loss after taking a $26 billion EV-related charge, but saw an improvement in second half (H2) results, suggesting the company’s turnaround under CEO Antonio Filosa may be working. Stellantis, which has brands such as Ram, Jeep, Fiat and Alfa Romeo in its product portfolio, reported second-half…