Stocks

“Stellantis stock off 43% as Jeep maker turns five, executes turnaround”

“After five years, the formation of transatlantic automaker Stellantis has not panned out as planned for investors.

U.S. shares of the company — created through a $52 billion merger of Italian American automaker Fiat Chrysler and France-based Groupe PSA on Jan. 16, 2021 — are down roughly 43%.

Stellantis CEO Antonio Filosa is executing a sales turnaround plan for the automaker, focused on its Jeep and Ram brands in the U.S…”

https://www.cnbc.com/2026/01/19/stellantis-stock-stla-five-year-anniversary.html

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