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Forbes

Stellantis Needs A Fast Fix As Shares At Lows And China Rivals Advance

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Stellantis Needs A Fast Fix As Shares At Lows And China Rivals Advance
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Stellantis is facing intensifying pressure after shares have fallen more than 55% this year, driven by costly EV missteps, major write-downs, and disappointing profits. Investors and analysts are asking for faster, more radical restructuring as Chinese rivals advance across Europe and elsewhere, and as the company’s 14-brand portfolio draws criticism for being unwieldy. CEO Antonio Filosa says the turnaround is moving as quickly as possible, but Reuters cited his view that these are not problems that can be fixed overnight. One widely praised step is deepening the alliance with China’s Leapmotor to secure a route to affordable, competitive EVs in Europe. In early February, Stellantis announced a €22.2 billion ($25.9 billion) write-down for 2025. Later, it reported weaker-than-expected profits and higher restructuring costs in Europe.

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