Stellantis shares halted after massive drop following multi-billion dollar writedown
Stellantis shares were halted today following a massive writedown and a multi-billion euro loss. The carmaker also announced it will skip its yearly dividend.
Insights:
Stellantis N.V. announced on February 6, 2026, that it booked approximately €22.2 billion of charges for the second half of 2025. The company stated that these charges are directly related to its decision to scale down electric-vehicle development. Following these charges, Stellantis N.V. expects a preliminary loss for the year ranging between €19 billion and €21 billion.
