Stellantis $26 billion hit overhauling its business

Business

Stellantis $26 Billion Hit Overhauling Its Business

By CNBC

Shares of automaker Stellantis plunged 20% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 billion) hit from overhauling its business to accelerate the rollout of electric and hybrid vehicles. Shortly a ...Read more