Stellantis Under Scrutiny After EV Adoption Forecasts Prove "Overly Optimistic" [Accessibility Statement] Skip NavigationNYSE: STLANEW YORK, Feb. 18, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating Stellantis NV (NYSE: STLA) concerning whether the company's prior public statements about the trajectory of its electric-vehicle programs were consistent with information available to management at the time. On February 6, 2026, Stellantis disclosed a €22–22.2 billion charge and acknowledged that its ...

Market Overview - European stocks closed mostly higher, with the pan-European Stoxx 600 gaining 0.45% and the U.K.'s FTSE 100 climbing 0.79% [2] - Investors are optimistic about potential monetary easing from central banks, particularly the Bank of England, amid rising unemployment rates in the UK [1][9] Sector Performance - Defense stocks showed weakness due to hopes of de-escalation in U.S.-Iran tensions [3] - In the UK market, several companies such as Coca-Cola Europacific Partners, Barratt Redrow, and AstraZeneca saw gains between 2% and 3.5% [3] - Conversely, miners like Endeavour Mining and Antofagasta fell between 2% and 4% [4] Notable Company Movements - GSK's shares rose over 2.5% following the announcement of a £2 billion share buyback program [3] - Bayer in Germany soared more than 8%, while other companies like Vonovia and Infineon gained approximately 4% and 3.25% respectively [4] - In France, Dassault Systemes climbed about 4%, with other firms like Unibail Rodamco and AXA gaining 2%-3% [6] Economic Indicators - German consumer price inflation rebounded to 2.1% in January, influenced by higher food and services costs [7] - The UK's jobless rate increased to 5.2% in the fourth quarter, with average earnings growth at 4.2%, below expectations [9]

US automakers Ford, GM and Stellantis now make just a quarter of the cars assembled in Canada.They're losing influence with Mark Carney’s government, which is looking overseas https://t.co/XqvG0TZtjU ...

US automakers Ford, GM and Stellantis now make just a quarter of the cars assembled in Canada. They're losing influence with Mark Carney’s government, which is looking overseas. https://t.co/PFQTvXhljg ...

Core Viewpoint - Stellantis N.V. will announce its Full Year 2025 Results on February 26, 2026, with a live audio webcast and conference call scheduled for the same day [2][3]. Group 1: Announcement Details - The Full Year 2025 Results will be released on Thursday, February 26, 2026, at 2:00 p.m. CET / 8:00 a.m. EST [2]. - A live audio webcast and conference call will be held on the same date and time [2]. - Related press release and presentation materials will be available on the Stellantis corporate website at approximately 8:00 a.m. CET / 2:00 a.m. EST on February 26, 2026 [3]. Group 2: Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [3]. - The company is focused on providing customers with freedom of movement, embracing the latest technologies, and creating value for stakeholders [3].

Group 1: Industry Overview - The combined write-downs of Detroit's big three automakers amount to $50 billion as they reduce their electric vehicle (EV) businesses, comparable to the US government bailout during the Great Recession [1] - US electric vehicle sales experienced a significant decline of 36%, totaling 234,171 units in the fourth quarter of 2025 [2] - Stellantis faced a $26 billion write-down in the second half of 2025 due to overestimating EV adoption, leading to a downgrade in its credit rating to just above "junk" status [2][3] Group 2: Company-Specific Developments - Stellantis CEO acknowledged a disconnect between the company's offerings and car buyers' actual needs, resulting in a strategic retreat from EVs in Europe, including the reintroduction of diesel versions for at least seven models [3] - General Motors reported $7.6 billion in write-downs, while Ford announced $19.5 billion in write-downs for 2025 and 2026, indicating a broader trend of financial adjustments across the industry [3] - Stellantis' shares have declined by 29.8% this year, contrasting with GM's flat performance and Ford's 7.6% gain, highlighting the financial impact of its EV strategy missteps [3]

Americans are paying more for nearly everything than they were a few years ago, but car prices have outpaced even inflation. I shopped around quite a bit. Before I was driving a Toyota Highlander, and the prices, it went up a lot.The average car price is nearly $50,000, a 30% increase over the past five years. Even so, automakers have resisted making cheaper ones. The Hemi is an icon.Even if you don't know what a Hemi is. You know the term, oh, it's got a Hemi. But in an effort to get greener, Ram's then ne ...

Core Insights - General Motors Company (NYSE:GM) shares have increased by 67% over the past year, remaining flat year-to-date [2] - Jim Cramer highlighted GM's CEO Mary Barra's foresight regarding industry challenges, particularly in light of Stellantis' $26.5 billion electric vehicle writedown [2][3] - Analysts have shown positive sentiment towards GM, with DZ Bank upgrading the stock from Hold to Buy and setting a price target of $98, while Benchmark raised its target from $65 to $90, maintaining a Buy rating [2] Company Performance - GM's stock performance reflects resilience, managing to buffer against electric vehicle losses and demonstrating effective price management and tariff navigation [2] - The company is positioned favorably in the market, with analysts recognizing its strategic moves under CEO Mary Barra's leadership [2][3] Market Context - The discussion around GM comes amid broader industry challenges, particularly related to electric vehicle investments, as highlighted by Stellantis' significant writedown [2] - Cramer's comments suggest a shift in narrative towards GM's proactive management rather than focusing solely on industry setbacks [3]

Core Viewpoint - Stellantis N.V. is under investigation for potential violations of federal securities laws following a significant decline in stock value after a major announcement regarding its electric vehicle (EV) strategy and financial performance [1][4]. Group 1: Timeline of Events - On January 31, 2026, Wall Street Zen downgraded Stellantis to Sell, followed by Morgan Stanley's downgrade to Equal-Weight on February 3, citing an "investment lag" [2]. - A report on February 5 indicated Stellantis was seeking European cash to mitigate tariff-related challenges, suggesting cash-flow stress [2]. - The last earnings call was over 90 days old by the time of the February 6 announcement, with no interim updates addressing the deteriorating EV program assumptions that led to a $22 billion charge [2]. Group 2: February 6 Announcement - The February 6 announcement revealed that management had overestimated the pace of EV adoption, leading to a strategic reset that included suspending the 2026 dividend and reviewing the dividend policy [3]. - Following this announcement, shares of Stellantis fell approximately 28% in a single trading session, marking one of the worst trading days in the company's history [3]. Group 3: Investigation Focus - The investigation is centered on whether Stellantis' public communications between the Q3 2025 earnings call and the February 6 disclosure accurately reflected the company's internal understanding of the viability and valuation of its EV assets [4].

Core Insights - Stellantis is reintroducing diesel versions of at least seven models in Europe as it retreats from electric vehicles due to disappointing EV sales and changing emissions regulations [1] - The company aims to leverage diesel cars as a competitive advantage against Chinese EV rivals, which do not compete in the diesel segment [1] - Stellantis has reported a significant financial charge of €22.2 billion ($26.4 billion) as it scales back its EV ambitions, impacting its stock performance [1] Group 1: Company Strategy - Stellantis has decided to keep diesel engines in its product portfolio and increase its powertrain offerings in response to customer demand [1] - The company is bringing back popular combustion-engine models, including the Jeep Cherokee and Fiat 500 petrol hybrid, to regain market share in the U.S. [1] - Diesel models being reintroduced include the Opel Astra, Opel Combo van, Peugeot Rifter, and Citroën Berlingo, among others [1] Group 2: Market Context - Diesel vehicles accounted for 50% of new car sales in Europe in 2015 but have declined to just 7.7% by 2025, while fully electric cars made up 19.5% [1] - The shift towards diesel comes as Stellantis faces a 3.9% decline in European sales in 2025 and a 7.3% decline in 2024 [1] - The total number of new diesel models in the UK has decreased from 167 in 2020 to 57 in 2025, indicating a broader market trend [1]