Stellantis (NYSE: STLA) suffered a historic collapse this morning, plunging more than 25% in a single session, which marks its worst day since the 2021 merger of Fiat Chrysler and PSA Group. The carna... ...

Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest automaker to take a charge. The $26.5 billion charge is larger than those taken by Ford and General Motors in the wake of the end of federal EV subsidies.The automaker had set ambitio ...

Stellantis has postponed several electric vehicle (EV) programmes following production problems at a key battery partner, reported Bloomberg, citing sources. The Netherlands-headquartered carmaker is pushing back some fully electric models by as much as eight months after manufacturing setbacks at Automotive Cells Company (ACC), sources told the news agency. Shortfalls in long-range battery supplies have affected upcoming Peugeot models, with current output reportedly sufficient for only about 1,000 veh ...

Eunice Lee, CFA +852 2123 2606 eunice.lee@bernsteinsg.com Ethan Xu +852 2123 2634 ethan.xu@bernsteinsg.com Mika Fu +852 2166 4805 mika.fu@bernsteinsg.com We now forecast Chinese brands' overseas sales volume to reach c.8–10mn units by 2030E, up from c.4mn units in 2025. Chinese brands outperformed our previous forecasts, growing their market share outside China from 4% in 2023 to 6% in 2025E (vs. 5% previously projected). We now adopt a more bullish 13% market share for 2030E, up from 10% previously. Over t ...

This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Dive Brief: General Motors on Tuesday reported a 55% decline ($3.3 billion) in year over year net income in 2025 from $6 billion in 2024 to $2.7 billion, which was primarily the result of $6 billion in electric vehicle-related charges in Q4, the automaker announced in its earnings report. Total revenue for the year was down 1.3% to $185 billion, despite a 6% increase i ...

Group 1: Syrian Conflict - The Syrian Democratic Forces (QSD) have accused the Damascus government of violating agreements and launching tank attacks on its fighters, despite a 48-hour withdrawal period [2] - The Syrian Army has announced significant military advances toward key locations, including the T4 and Tabqa Military Airports, indicating a deepening military engagement [3] Group 2: Private Credit Market - Investors have withdrawn $7 billion from major Wall Street funds in the private credit market, suggesting a potential re-evaluation of investment strategies within this sector [4] Group 3: Automotive Industry - Major automakers are introducing electric vehicles (EVs) priced below $35,000 to attract US buyers, addressing affordability concerns that hinder broader EV adoption [5] - The push for more accessible pricing aims to stimulate demand and compete with lower-priced Chinese EV imports, with some manufacturers delaying initial EV goals to focus on market-ready solutions [5] Group 4: Global Power Dynamics - Observers note that China and Russia are making rapid advancements, suggesting the US is struggling to keep pace in critical geopolitical and economic areas [6][7]

Forcing carmakers to sell more EVs leaves ‘no room for profit’, says Stellantis executive Drivers are unlikely to buy electric vehicles (EVs) without hefty discounts, a top executive at Vauxhall owner Stellantis has claimed. Emanuele Cappellano, the company’s European boss, said there was no “natural” demand for EVs and so government regulations forcing their sale risked turning the industry loss-making. Demand only arises when subsidies are offered or when carmakers “burn cash” by slashing their price ...

Core Viewpoint - General Motors Co's $1 billion investment in Mexico is framed as a manufacturing expansion, but it is more about addressing policy and positioning challenges rather than merely increasing capacity [1] Group 1: Investment Rationale - The investment is not driven by demand but rather by the need to navigate a complex policy environment regarding electric vehicle (EV) incentives [2][5] - By focusing on the Mexican domestic market, GM can maintain its North American manufacturing presence while avoiding the perception of exporting U.S. jobs [3] Group 2: Political and Economic Considerations - The decision to invest in Mexico is also influenced by political optics, as it minimizes backlash during an election cycle where manufacturing jobs are a hot topic [4] - The investment serves as a hedge against potential trade policy uncertainties that may arise by 2026, providing GM with flexibility and options in a volatile political landscape [5] Group 3: Strategic Implications - GM's approach is not about exploiting loopholes but rather about effectively navigating existing incentives, indicating a strategic prioritization of optionality in an unpredictable policy environment [6]

Core Viewpoint - General Motors has issued a warning regarding another potential writedown related to electric vehicles (EVs), following a similar announcement from Ford Motor about significant charges due to declining demand for EVs [1] Group 1 - General Motors is facing challenges in the EV market, indicating a trend of financial adjustments within the industry [1] - The announcement comes less than a month after Ford Motor disclosed its own multibillion-dollar charges related to EV demand [1]

Core Insights - Used car pricing is experiencing seasonal movements with significant changes in hybrids and electric vehicles (EVs) as of early 2026 [2][4] - The December 2025 data indicates a reset in pricing dynamics for hybrids and EVs, driven by demand shifts and supply changes rather than just seasonal factors [3][10] Pricing Dynamics - December is historically a volatile month for used car pricing due to dealers' calendar-driven sales goals, leading to increased negotiation flexibility for buyers [5][6] - Hybrids and EVs saw the largest price declines among used vehicles in December, indicating a broader market adjustment rather than typical seasonal changes [7][10] Demand and Supply Factors - The end of tax incentives for clean vehicles after September 30, 2025, led to a decrease in buyer urgency, resulting in softened demand and less pricing power for dealers [8][9] - The used hybrid and EV market is expected to remain competitively priced in 2026 due to the absence of incentive-driven demand and increasing inventory [10][12] Year-over-Year Trends - Despite a decline in December, used hybrid and EV prices were still up 2.1% year-over-year, although this increase lagged behind overall inflation of approximately 2.7% in 2025 [11]