SENSEX
NIFTY
GOLD
USD/INR

Weather

image 16    C

Top News News

The Economic Times

Top News / The Economic Times

details

Automaker Stellantis posts massive 22 billion loss, pivots from EV

Troubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for last year, blaming a lack of demand for electric vehicles. Stellantis' revenue fell only by two percent to 153.5 billion euros last year while its sales actually rose from 5.41 million vehicles in 2024 to 5.48 million last year.

27 Feb 2026 12:36 am