Stellantis
Franco-Italian-American multinational automotive manufacturer
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business Feb 13, 2026, 8:30 PM
Ford CEO declares end to major EV investments amid declining consumer demand - The U.S. government under the Biden administration encouraged manufacturers to prioritize electric vehicle production.
- Despite substantial subsidies and incentives, consumer demand for electric vehicles has significantly declined.
- Ford and Stellantis have reported losses nearing $50 billion due to the shift towards electric vehicles, leading to a reevaluation of their investment strategies.
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business Feb 12, 2026, 6:03 PM
Stellantis warns owners to stop driving 225,000 vehicles over defective air bags - Stellantis warns that about 225,000 vehicles in the U.S. must not be driven due to defective air bags.
- These air bags can rupture in crashes, posing risks of serious injuries or fatalities.
- The company aims to expedite repairs and safeguard drivers and the public.
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business Feb 12, 2026, 11:06 AM
Stellantis warns drivers not to operate 225,000 vehicles due to airbag risk - Stellantis has issued a critical safety warning for approximately 225,000 older vehicles over faulty Takata airbags.
- The National Highway Traffic Safety Administration revealed that the Takata airbag crisis has led to 28 deaths in the U.S. due to these defective inflators.
- Owners must park affected vehicles and seek repairs as soon as possible to avoid the serious risks related to airbag explosions.
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business Feb 6, 2026, 11:59 AM
Stellantis faces $26 billion loss due to faulty EV strategy - Stellantis took a massive $26.5 billion charge due to misjudged consumer demand for electric vehicles.
- The company has revised its expectations after recognizing that previous goals were overly ambitious.
- This financial hit reflects a wider trend in the automotive industry, indicating challenges in the transition to electric vehicles.
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2026 All rights reserved
2026 All rights reserved