First-quarter operating income tops $1 billion

The all-new 2026 Jeep Cherokee Hybrid is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images News | Getty Images Shares of auto giant Stellantis fell sharply on Thursday after the company reported a near tripling…

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Automaker is stronger together amid $26 billion reset

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a…

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Stellantis $26 billion hit overhauling its business

Shares of automaker Stellantis dropped more than 14% 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 after the European opening bell, Milan-listed shares of the firm were 14.4% lower. Stock Chart…

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Honda, VW bracing for outage

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio.  Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S….

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