Stellantis Reports EUR22B Impairment Charge Due to Electric Vehicle Business Restructuring
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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Should l Buy ?
Source: aastocks
Stellantis Restructuring: Stellantis will incur an impairment charge of approximately EUR22 billion (about US$26 billion) as part of a large-scale restructuring due to high costs and weak EV sales.
Cash Expenses: The impairment charge includes around EUR6.5 billion in cash expenses, similar to actions taken by other automakers like Ford and General Motors.
New Strategic Plan: This decision is part of Stellantis's new strategic plan, which is set to be announced in May.
Financial Impact Timeline: The expenses related to the impairment charge will be reflected in the Group's financial statements for the second half of 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
