Stellantis Investigation Follows €22B EV Write-Down and 28% Share Drop
Stellantis disclosed a €22–22.2 billion write-down on its EV program, attributing the charge to overly optimistic market assumptions and suspending its 2026 dividend. Shares plunged about 28% in a single session, prompting a shareholder lawsuit alleging that interim statements failed to reflect management’s internal concerns.
1. Investigation Scope
A securities litigation investigation is examining whether statements on the company’s EV trajectory matched internal data between the Q3 2025 earnings call and the February 6 write-down disclosure.
2. EV Charge and Dividend Suspension
On February 6, Stellantis reported a €22–22.2 billion charge tied to overly optimistic EV market assumptions and announced suspension of its 2026 dividend policy.
3. Stock Impact and Shareholder Response
Shares declined approximately 28% in a single session—recording the worst trading day in its history—and shareholders have launched claims over alleged misleading communications.