YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Jeep and Chrysler parent company Stellantis announced a "reset" of its business.
The company said on Friday that it would take charges of more than $26 billion. That's largely from write-offs and cash payments for canceled electric vehicle products and resizing its EV supply chain.
Stellantis shares were down by more than 28% on the news.
Read more from CNN.
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