Stellantis shares plunge as carmaker flags massive writedown and cancels dividend
The carmaker suspended its dividend today after reporting a preliminary loss of up to 21 billion euros. Shares fell 14 percent as EV plans were scaled back.
Insights:
Stellantis N.V. announced on February 6, 2026, that it has booked charges of approximately 22.2 billion euros in the second half of 2025 as it scales down its plans for electric-vehicle development. The company also flagged a preliminary loss of between 19 billion and 21 billion euros for that period and confirmed it would not pay a dividend. This disclosure coincided with a sharp fall in the Milan-listed shares of Stellantis N.V. and a subsequent trading halt, materially altering the near-term reported results and prompting an immediate market reaction.
