Stellantis shares were halted after a significant 14.4% drop following the announcement of a $26.5 billion writedown in the second half of 2025. This writedown is attributed to scaling down plans for electric-vehicle development, leading to a preliminary loss between 19 billion and 21 billion euros and the non-payment of a dividend this year. Shares were indicated down 55.8% according to LSEG data.
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Stellantis shares halted after 14.4% drop, as it flags $26.5 billion writedown
Stellantis shares were halted after a significant 14.4% drop following the announcement of a $26.5 billion writedown in the second half of 2025. This writedown is attributed to scaling down plans for electric-vehicle development, leading to a preliminary loss between 19 billion and 21 billion euros and the non-payment of a dividend this year. Shares were indicated down 55.8% according to LSEG data.