Stellantis is in a crisis of its own making

Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, in November of 2025. | Elisa Marchina/NurPhoto via Getty Images

Demand for EVs has gone glacial, and one automaker after another is running aground: General Motors threw $7.6 billion overboard. Ford washed $19.5 billion off its books. Leave it to Stellantis to face the most titanic charge yet, a $26.5 billion bill for its own misplaced bet on EVs.

The Jeep, Dodge...